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Yevgeny Prigozhin's deputies who was killed with his boss in a plane crash last week, though the Kremlin said President Vladimir Putin had no plans to attend Prigozhin's funeral. The family of Valery Chekalov, the head of Wagner logistics, was joined by dozens of people, some of whom Reuters identified as Wagner mercenaries, at the Severnoye cemetery in St Petersburg, Russia's former imperial capital. A Russian Orthodox priest said prayers and swung a censer before Chekalov's coffin as family, friends and former colleagues, some holding bunches of flowers, bade farewell, Reuters video showed. Some, including women and children in sunglasses, came forward to kiss his coffin. Unidentified mourners at the funeral ordered a Reuters videographer and photographer to stop filming. The private Embraer Legacy 600 private jet on which Prigozhin was travelling to St Petersburg from Moscow crashed in the Tver region north of Moscow on Aug.

corporate Gmail accounts at an additional cost of $30 a month per person, the Wall Street Journal reported on Tuesday. The announcement is set to be made by Google Cloud CEO Thomas Kurian at the company's annual cloud conference in San Francisco later in the day, the report said. Alphabet did not immediately respond to a Reuters request for comment.

Xiaomi Corp reported a 4% revenue drop in the second quarter, tracking a shrinkage in China's handset market, but said its move into making electric vehicles was running ahead of schedule. Sales dropped to 67.4 billion yuan ($9.2 billion) from 70.17 billion in the same quarter a year earlier, but beating analysts' estimates of 65.13 billion. Net income rose to 5.14 billion yuan over the period, an increase of 147% from 2.08 billion yuan a year earlier, also beating expectations. The company put the increase down to cost cutting and efficiency improvements, particularly in its physical stores. «Despite the macroeconomic headwinds in the global market we continue to expand our footprint,» Xiaomi President Lu Weibing said on an earnings call. «Several of our peers already exited from certain areas in this challenging environment, but no matter how hard it will be we will reinforce our presence across regions and markets,» Lu said. Consumer demand in China's smartphone market continued to shrink in the second quarter, dropping 5% to 64.3 million units, according to Canalys, a consultancy that tracks the smartphone industry. Xiaomi's shipments declined by 19% to 8.6 million, while in major overseas market India, shipments fell 22% to 5.4 million units, Canalys said. In light of declining handset sales, Xiaomi is planning to move into the manufacture of electric vehicles (EVs) and has received approval from China's state planner, Reuters reported this month. The company has pledged a $10 billion investment over a decade in the automobile business. Lu said the company's plans to start mass production of EVs in the first half of 2024 remains unchanged.

Reuters. As per the current update from Heathrow Airport, it has asked commuters to contact their airline before travelling to the airport on Tuesday. In a post on on X (formerly Twitter), “Due to yesterday’s technical issues suffered by UK Air Traffic Control, there may be some continuing disruption on some routes, including flight cancellations.

By Anna-Catherine Brigida

Xiaomi Corp reported a revenue drop of 4 per cent in the second quarter on Tuesday, tracking a continued sales decline in China's handset market. Sales dropped to 67.4 billion yuan ($9.24 billion), down from 70.17 billion in the same quarter yuan a year earlier, but beating analysts' estimates of 65.13 billion yuan. Net income rose to 5.14 billion yuan over the period, an increase of 147% from 2.08 billion yuan a year earlier, also beating analysts' expectations. Consumer demand in China's smartphone market continued to shrink in the second quarter, dropping 5% to 64.3 million units, according to research firm Canalys. Xiaomi's shipments declined by 19 per cent to 8.6 million, while in major overseas market India, Xiaomi shipments also fell 22 per cent to 5.4 million units, Canalys said. In light of declining handset sales, Xiaomi is planning to manufacture electric vehicles (EVs) and has received approval from China's state planner, Reuters reported this month. The company has pledged a $10 billion investment over a decade in the automobile business and set a goal of mass car production for the first half of 2024.

Catalent (NYSE:CTLT) is reportedly nearing a settlement with activist investor Elliott Investment Management.

By Katie Paul and Steve Scherer

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Also read: Goldman Sachs considers partial divestment of wealth business Goldman Sachs had acquired the registered investment adviser (RIA), formerly known as United Capital Financial Partners, for $750 million in 2019 when it managed approximately $25 billion in funds. The RIA business was relatively modest in size compared to Goldman's core business, which primarily serves ultra-high net worth clients.

PTI, the announcement of this long-awaited verdict was made by a division bench led by Islamabad High Court Chief Justice Aamir Farooq and Justice Tariq Mehmood Jahangiri. IHC had kept its decision pending on Monday regarding Imran Khan's appeal contesting his conviction in the Toshakhana corruption case. "Our application has been accepted, and the sentence has been suspended," Panjutha said on messaging platform X (formerly Twitter).

MILAN (Reuters) — Italy's Treasury can take full ownership of Telecom Italia (BIT:TLIT)'s (TIM) submarine cable unit Sparkle as part of an agreement with U.S. fund KKR to jointly bid for the group's landline grid, a draft government decree showed on Tuesday.

Eric Schmidt. The closed-door gathering is the first of the AI Insight Forums by Schumer and is part of his plan to give the Congress more control over the future of AI.

Business Today reported. As reported by Business Today, the constitution bench led by the Chief Justice of India will persist in addressing petitions that contest the revocation of Article 370. The report noted that Sebi submitted a status report on August 25 concerning its inquiry into the accusations made by short-seller Hindenburg Research in its January report against the diversified conglomerate Adani, which is involved in port and energy operations.

The company's chief business officer Prathyusha Agarwal, Mukut Deepak (business head for class 4 to 10) and Himanshu Bajaj (head of tuition centers) has quit, a spokesperson for Byju's said, as per Reuters. More to follow...

BEIJING (Reuters) — China's BYD Co (SZ:002594) Ltd on Monday said first-half profit jumped 204.7% as the new energy vehicle maker broke its delivery record and retained its crown as China's biggest-selling auto brand.

Reuters, certain inhabitants of Dharavi mentioned that the billionaire's financial difficulties have added to their apprehensions. Adani's redevelopment plans face a new challenge in the form of a legal dispute presented by competitor SecLink Technologies Corporation.

Toyota has halted operations at most of its assembly plants in Japan due to a malfunction in the company's production system. Operations were halted on Tuesday morning and a company spokesman said it wasn't clear whether they would resume in the afternoon shift.

The dollar index, which measures U.S. currency against six key rivals, eased 0.077% at 103.85, after slipping 0.2% on Monday.