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11.10 / 17:17
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British Airways suspends flights to Tel Aviv due to security concerns in Israel
Reuters. BA Flight 165 on its final descent into Tel Aviv’s Ben Gurion airport was diverted back to Heathrow airport after the pilot didn’t felt safe enough to land as there were sirens going off. “Safety is always our highest priority and we've taken the decision to return our Tel Aviv flight to Heathrow," the Reuters report quoted a spokesperson for British Airways as saying.
11.10 / 16:03
Reuters
Digital
exclusive
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Rule curbing AI chip exports to China under final review
advanced chips to China has been revised and is under final review, according to a government posting, suggesting that further curbs on chips that can be used for artificial intelligence are coming soon. Reuters exclusively reported last week that U.S. officials had warned China to expect rules restricting shipments of semiconductor equipment and advanced AI chips to China to be updated this month.
11.10 / 15:07
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Bharti Group to buy out French partner AXA's stake in JV
AXA Life Insurance Co, the Indian conglomerate said on Wednesday, taking full control of a venture that was jointly run for nearly two decades. It was not immediately clear if the deal marks the French insurer's exit from the South Asian country. Meanwhile, Bharti said it was in talks with other investors to scale up the business by partnering or combining with their entities. Bharti and AXA did not immediately respond to Reuters' requests for additional information on the deal nor did they disclose the financial details.
11.10 / 14:47
11.10 / 14:31
UPS
Reuters
Nintendo
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Xbox
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Nintendo Switch Successor release date: What we know so far
Nintendo is reportedly gearing up to introduce a highly anticipated successor to the Nintendo Switch in the latter half of 2024. Although the current Nintendo Switch has garnered praise for its impressive game library, featuring titles like «The Legend Of Zelda: Tears of the Kingdom,» it has somewhat lagged behind in terms of console power.
11.10 / 13:02
COST
Reuters
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Costs
US producer prices increase in September on higher energy costs
WASHINGTON (Reuters) — U.S. producer prices increased more than expected in September amid higher costs for energy products, but underlying inflation pressures at the factory gate continued to moderate.
11.10 / 12:15
Reuters
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IMF says Sri Lanka debt talks ongoing, unaware of specific deals
By Jorgelina do Rosario
11.10 / 11:38
UPS
Reuters
DOW
ExxonMobil
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Fed minutes loom, ExxonMobil-Pioneer deal talk - what's moving markets
Investing.com -- U.S. stock futures edged up ahead of the publication of minutes from the Federal Reserve's September meeting. Meanwhile, several Fed officials drop hints that the central bank may choose to refrain from further interest rate hikes this year following a recent spike in U.S. Treasury yields. Elsewhere, ExxonMobil (NYSE:XOM) is reportedly set to announce a massive acquisition of rival Pioneer (NYSE:PXD) worth around $60 billion, and German sandal manufacturer Birkenstock prices its initial public offering.
11.10 / 10:29
Reuters
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SEBI probing Adani Group's ties with Gulf Asia fund: Report
Adani Group and Gulf Asia Trade & Investment, a fund that is incorporated in the British Virgin Islands, news agency Reuters reported on October 11, citing sources who are privy to the development. The investigation has been launched to ascertain whether any share ownership rules were flouted, the report claimed, on the basis of inputs it received from two persons who are aware of the matter. The Gulf Asia fund, the report said, is owned by Dubai-based businessman Nasser Ali Shaban Ali as per the checks on its website last month.
11.10 / 09:24
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Birkenstock prices US IPO at $46 per share
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11.10 / 08:07
Reuters
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World Bank chief Ajay Banga highlights difficulties for central banks, says ‘wars are extremely challenging’
Reuters. Addressing a news conference here, Banga said wars are extremely challenging for central banks that are trying to find a way to steer their economies toward a soft landing.
11.10 / 05:27
Reuters
President
stage
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Indonesia wants to co-host 2034 World Cup with Australia, Malaysia, Singapore
Indonesia is in discussions with Australia about a possible joint bid to host the 2034 World Cup along with Malaysia and Singapore, the president of the country's football federation (PSSI) said on Wednesday. World football's governing body FIFA invited member associations from Asia and Oceania to bid for the rights to the 2034 edition last week. «We are discussing (a bid) with Australia,» PSSI President Erick Thohir was quoted as saying by the Sydney Morning Herald. «When I visited Malaysia and Singapore both countries expressed interest to join Indonesia and Australia.» When asked for comment on a possible joint bid, Football Australia referred Reuters to a statement last week that said it was «exploring the possibility of bidding for the 2029 FIFA Club World Cup and/or the FIFA World Cup 2034». The PSSI has not responded to a Reuters request for comment. After announcing Spain, Morocco and Portugal would host the 2030 World Cup, with Uruguay, Paraguay and Argentina staging the opening games, FIFA invited Asia and Oceania to bid for 2034. Saudi Arabia quickly announced its intention to bid for the hosting rights and FIFA have set a deadline of Oct. 31 for other interested parties to make their intentions known. With Qatar having hosted the 2022 edition, Thohir said it might be too soon for the World Cup to return to the Middle East. «We are quite strong,» he said.
11.10 / 03:05
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Israel-Hamas War: Kremlin blames US policy failure for conflict, warns of regional escalation risk
Reuters reported. Peskov also cautioned that the conflict had the potential to spread to neighbouring regions. Also Read:Israel-Hamas War LIVE Updates: Palestinians struggle for safety as Israel pounds sealed-off Gaza Strip During talks with Iraqi Prime Minister Mohammed Shia Al-Sudani, Putin took the chance to link the considerable increase in violence to the United States' long-standing policy in the region.
11.10 / 02:11
Reuters
WhatsApp
Southern
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Category 4 Hurricane Lidia slams near Mexico's Puerto Vallarta; schools, airport to remain closed. 10 points
AFP. 9. Just this week, Tropical Storm Max left two people dead and dozens of houses flooded in the southern state of Guerrero, one of the country's poorest regions, authorities said Tuesday.
10.10 / 23:03
UPS
Reuters
Solar
IFC loans Morocco's OCP $106 million to build two solar power plants
MARRAKECH, (Reuters) — Morocco's state-owned phosphates and fertiliser producer OCP said on Tuesday it had signed an agreement with the International Finance Corporation (IFC), the World Bank's investment arm, on a 100 million-euro ($106 million) loan to build two solar plants to increase production of low-carbon fertilizers.
10.10 / 23:03
10.10 / 20:27
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From airlines to banks, what global firms in Israel are doing amid conflict
Global companies have temporarily shut some operations in Israel and have asked employees to work from home following a devastating weekend attack by Palestinian Islamist group Hamas.
10.10 / 18:29
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Biden administration to announce $7 billion in hydrogen hub grants Friday –sources
By Jarrett Renshaw and Valerie Volcovici
10.10 / 18:29
Twitter
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US regulator probes Twitter security lapse before Musk took over - Bloomberg News
(Reuters) — The U.S. securities regulator is investigating how Twitter managed a 2018 security lapse that exposed personal user information before billionaire Elon Musk bought the social media platform last year, Bloomberg News reported.
10.10 / 16:37
Reuters
Tesla
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Tesla rejects union claims, reports of health and safety issues at German plant
BERLIN (Reuters) — Tesla (NASDAQ:TSLA) on Tuesday rejected claims by a German union and recent media reports that health and safety provisions at its gigafactory near Berlin were inadequate, stating that protecting workers' health was a top priority.
10.10 / 16:11
Reuters
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Adobe unveils new image generation tools in AI push
By Stephen Nellis
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