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Poland says it expects Russia will target its border crossings with Ukraine
2+ day, 15+ hour ago (252+ words) BRATISLAVA, Sept 10 (Reuters) – Poland averted a threat to one of its border crossings with Ukraine overnight and expects its crossings will be targeted as Moscow strikes trade routes to try to weaken Kyiv economically, Prime Minister Donald Tusk said on…...
Tencent-backed Enflame to debut in Shanghai on Friday in $912 million IPO
3+ day, 15+ hour ago (237+ words) BEIJING, Sept 9 (Reuters) – Tencent-backed AI chipmaker Shanghai Enflame Technology will make its Shanghai stock market debut on September 11, an exchange filing showed on Wednesday. Enflame, one of China’s leading AI chip startups known locally as the “four little GPU dragons…...
Europe’s biggest mobile operators in talks for satellite-to-mobile venture, Bloomberg News reports
5+ day, 7+ hour ago (225+ words) Sept 7 (Reuters) – Deutsche Telekom, Orange, Vodafone Group and Telefonica are in early talks to create a consortium to bid on European Union satellite spectrum and offer direct-to-mobile services, Bloomberg News reported on Monday, citing people familiar with the matter. The…...
German industrial output falls unexpectedly in July
5+ day, 23+ hour ago (500+ words) Sept 7 (Reuters) – German industrial production fell unexpectedly in July, dragged down by a sharp drop in car manufacturing, and economists do not expect the recent pickup in factory orders to boost output before the fourth quarter. Industrial production fell by…...
South Korea exports surpass full-year record, hit $709.4 billion YTD
1+ week, 23+ hour ago (235+ words) SEOUL, Sept 5 (Reuters) – South Korea’s exports have reached $709.4 billion so far this year, surpassing last year’s annual record, the customs office said on Saturday, as the economy rides high on booming global demand for AI chips. The country’s exports hit…...
Novartis, Ionis’ experimental heart drug misses key goal in closely watched trial
1+ week, 1+ day ago (464+ words) By Christy Santhosh and Bhanvi Satija Sept 4 (Reuters) – Novartis said on Friday its experimental drug pelacarsen did not cut the risk of major heart attacks and strokes in patients with a genetic risk factor in a late-stage trial, marking a…...
Bond rout, Mideast worries drag European shares to one-month low
1+ week, 3+ day ago (395+ words) By Sudeshna Ghoshal and Johann M Cherian Sept 2 (Reuters) – European shares slipped to a one-month low on Wednesday, pressured by a global bond rout as escalating tensions in the Middle East stoked worries about energy-induced inflation. The pan-European STOXX 600 was…...
Defence spending shows determination to protect Taiwan, president says
1+ week, 3+ day ago (232+ words) TAIPEI, Sept 2 (Reuters) – Taiwan’s plan for defence spending next year to exceed T$1 trillion ($31.47 billion) for the first time shows the international community the island’s determination to strengthen its defences, President Lai Ching-te said on Wednesday. Beijing, which views democratically…...
New Jersey asks US Supreme Court to assess power to regulate sports bets on Kalshi
1+ week, 3+ day ago (200+ words) Sept 2 (Reuters) – New Jersey authorities on Wednesday asked the U.S. Supreme Court to resolve whether states have the power to police sports betting that occurs on prediction markets operated by Kalshi and competing platforms. The state asked the Supreme Court…...
Sweden’s election tightens with 11 days to go, TV4 poll shows
1+ week, 3+ day ago (311+ words) OSLO, Sept 2 (Reuters) – Sweden’s ruling right-wing coalition has nearly caught up with the centre-left opposition bloc ahead of a September 13 election for parliament, a new opinion poll showed on Wednesday, pointing to a close vote in which either side could…...