Reuters Financial News

By Tim Hepher

Taiwan's defence ministry said the U.S. aircraft had flown in a northerly direction through the strait and stuck to its median line. Taiwan's forces kept watch the situation was "as normal", the ministry added.

LONDON (Reuters) — Britain's economy partially recovered in August after a sharp drop in July but the bigger picture remained one of only sluggish growth after last year's surge in inflation and 14 back-to-back interest rate hikes by the Bank of England.

By Selena Li and Summer Zhen

Investing.com — Crude prices fell for a third day in a row as trading began in Asia Thursday, responding to a report by industry group API that the largest weekly crude stockpile build in eight months may have taken place in the United States last week.

By Rachel Savage and Jorgelina do Rosario

tech companies must remove illegal content from their platforms, or risk facing severe legal penalties. Following the militant Islamist group Hamas' attack on Israel and Israel's retaliatory airstrikes in Palestinian enclave Gaza, social media firms have seen a surge in misinformation related to the conflict, including doctored images and mislabelled videos, alongside images of graphic violence.

The Securities and Exchange Board of India has lau... moreThe Securities and Exchange Board of India has launched a probe into the connection between the Adani group and Gulf Asia Trade & Investment fund.

Oil prices extended losses for a third session, dragged down by a larger-than-expected crude and gasoline stockbuild in the U.S. and easing supply concerns. Brent futures slipped by 41 cents, or 0.48%, to $85.41 a barrel at 0138 GMT, while U.S. West Texas Intermediate crude fell by 49 cents, or 0.59%, to $83 a barrel. Both benchmarks have given back most early-week gains. U.S.

TOKYO (Reuters) — Japan core machinery orders fell for a second straight month in August, suggesting worries about a global economic slowdown and China's wobbly recovery may be hurting companies' appetite to make fresh investments.

By Tim Kelly

With Israeli airstrikes marking thefifth day of escalating conflict between Israel and Hamas on Wednesday, experts are warning of rising oil prices and inflationary pressure as a potential consequence of the ongoing hostilities.

(Reuters) -Goldman Sachs Group is suing Malaysia in a UK court, a source familiar with the matter told Reuters, as tensions escalate over a settlement linked to its role in the 1MDB investment-fund scandal.

By Gustavo Palencia

(Reuters) — Air Canada has been sued by Miami-based transport and security services provider Brink's, which alleged the airline of «negligence and carelessness» related to a gold and cash heist at a Toronto cargo facility in April, a court filing showed.

Super Mario Bros. Wonder are releasing in the month of October bringing nostalgia for video game fans. This is month is witnessing release of a number of top-notch and popular games.

Taylor Swift: The Eras Tour," opening on Friday, October 13, has already exceeded $100 million in advance ticket sales across 8,500 theaters in 100 countries worldwide. The movie will have its world premiere screening at The Grove in Los Angeles on Wednesday, October 11. «Taylor Swift: The Eras Tour» will be shown in AMC theaters via Variance Films in the United States, starting on Friday, October 13, with screenings scheduled at 6 p.m. local time.

By Fanny Potkin and Supantha Mukherjee

WARNING—GRAPHIC FOOTAGE: The Punaro Group CEO Gen. Arnold Punaro (ret.) discusses the attacks on Israel from Hamas and reacts to the White House being grilled over refreezing the $6 billion from the Iran prisoner swap deal.

Go First has received an expression of interest (EoI) from Jindal Power Ltd, two banking sources and two people aware of the development told Reuters. An EoI is the first step in the bidding process and may not result in a financial bid. «Jindal Power was the sole successful applicant whose expression of interest was accepted by banks,» said a banker with a state-run bank that has exposure to Go First. The power generation company «will be conducting proper due diligence and post which it could submit a formal bid», said the banker, who did not wish to be named as he was not authorized to speak to the media. Go First's resolution professional, who conducts the insolvency process, and Jindal Power did not immediately respond to Reuters requests for comment. The last day to submit EoIs was Sept.

MUMBAI : Indian insolvent airline Go First has received an expression of interest from Jindal Power Ltd, two banking sources and two people aware of the development told Reuters. An expression of interest is the first step in the bidding process and may not result in a financial bid.