Reuters Financial News

By Elena Fabrichnaya, Gleb Stolyarov and Anastasia Lyrchikova

Burger King outlets in India, patrons are no longer getting tomatoes in their wraps and burgers amid persisting high prices. Notices pasted at two Burger King India outlets read, «Even tomatoes need a vacation… we are unable to add tomatoes to our food,», Reuters reported on August 16. Burger King is one of India's biggest burger chains with nearly 400 outlets.

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Reuters. Notably, this was Pyongyang's first public acknowledgment of Travis King's crossing from South Korea on July 18. He dashed into the North while on a civilian tour of the Joint Security Area (JSA), the heavily fortified border between the two Koreas.

Grit has raised $7 million in a seed round, the startup said on Tuesday. Founders Fund and Abstract Ventures led the round, with participation from Quiet Capital, 8VC, A* Capital, AME Cloud Ventures, SV Angel, Operator Partners, CoFound Partners, and Uncorrelated Ventures.

Elon Musk's X platform (formerly known as Twitter) on Tuesday delayed access to links to content on the Reuters and New York Times websites as well as rivals like Facebook and Instagram, Washington Post reported. The aforementioned affected websites suffered a delay of about 5 seconds while clicking a link on the X before the webpage loaded, citing tests it conducted yesterday, the Washington Post added. However, by afternoon the X platform eliminated the delay.

Indian stock market is likely to open lower on Wednesday tracking weak global cues amid overnight selloff in the US equities. Concerns that interest rates may remain higher for a longer time dampened investors' sentiment. On the domestic front, Indian markets were shut on Tuesday on account of the Independence day holiday.

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HONG KONG (Reuters) -Law firms in China are scrambling to comply with Beijing's new guidance to tone down the language used to describe China-related business risks in companies' offshore listing documents, five people familiar with the matter said.

RBI) reason to hold off on monetary policy tightening. Consumer Price Index (CPI) inflation rose to 7.44% in July from 4.87% in June, shooting past the RBI's tolerance band of 2-6% and marking the highest print in 15 months. A Reuters poll of 53 economists had predicted the retail price gauge at 6.4% in July.

By Andrea Shalal

By Sarah N. Lynch and Jacqueline Thomsen

Spain await either the Matildas or England in the Women’s World Cup final after defeating Sweden 2-1 in a dramatic semi-final in Auckland that burst into colour in the final 10 minutes.

A Russian coal miner listed on the ASX will keep digging and shipping coal from Siberia to China despite the Foreign Affairs Department advising they are “likely” to be in breach of Australian sanctions imposed following Vladimir Putin’s invasion of Ukraine.

Xolo Mariduena quickly learned that he and his character in the latest DC Studios film 'Blue Beetle' have one big thing in common — they cannot hide anything from their families. The 'Cobra Kai' actor plays college graduate-turned-superhero Jaime Reyes, the first Latino superhero in a DC movie, who finds it impossible to keep his alter-ego a secret. «There's no hiding from mom and dad that I'm Blue Beetle. As a Latino, I know that there's no secrets in my family, so I felt it resonated with me and the fact that the superhero in this movie is really the family,» Mariduena told Reuters last month before film promotion was halted by the Screen Actors Guild strike. In the film, Jaime returns to his hometown of Palmera City after graduating from college and has his life turned upside down when he is chosen by a blue scarab from an alien planet to become the Blue Beetle. Jaime bonds with the scarab, which transforms into protective armor for him. He must ensure the scarab does not fall into the wrong hands while also trying to protect his family.

WASHINGTON (Reuters) — U.S. import prices rebounded more than expected in July amid higher costs for petroleum products and food, but underlying imported inflation pressures remained muted.

WASHINGTON (Reuters) — U.S. retail sales increased more than expected in July as Americans boosted online purchases and dined out more, suggesting the economy continued to expand early in the third quarter and keeping a recession at bay.

OTTAWA (Reuters) — Canada's annual inflation rate surged more than expected to 3.3% in July, but core inflation measures were essentially unchanged and grocery prices increased at the slowest pace since February 2022, Statistics Canada data showed on Tuesday.

Joe Biden in the White House, reported Reuters. In Georgia, after defendants are indicted by a grand jury, the indicted are arraigned, which is a formal reading of the charges in the court. Then defendants are also asked to enter a plea.

Reuters. Shares of the 139-year old Marks & Spencer jumped 9% after the forecast. M&S has risen 66% so far this year.