Reuters Financial News

By Stefanno Sulaiman

By Valentina Za and Alexandra Schwarz-Goerlich

By Samuel Indyk and Ankur Banerjee

Reuters further reported Biden is not anticipated to travel to Indonesia. Furthermore, a Washington-based ambassador representing an ASEAN member revealed that Indonesia was informed on Monday about Biden's decision to not attend. Asked if it was correct that Biden would not be going to Indonesia, a senior White House official told Reuters on Tuesday: "We're still working on it ...

startups are willing to enter into long-term leases for geographically fixed spaces," interim CEO David Tolley said on an analyst call on Wednesday, Reuters reported. WeWork’s business model includes taking long-term leases and renting out spaces for a short term.

Climate change exacerbated by fossil fuel use is increasing and the intensity of such extreme weather events has increased, reported Reuters. Scientists have warned government officials that fuel related emissions need to be slashed in order to prevent climate catastrophe.

Joe Biden on Wednesday signed an executive order to ban some new US investments in China like computer chips, leading to the requirement of government notification in other tech sectors, according to a report published by Reuters. The long-awaited order has restricted the US investments in Chinese entities in three sectors — semiconductors and microelectronics, quantum information technologies and certain artificial intelligence systems.

BEIJING — Two years after Evergrande's debt troubles, worries about China's real estate sector are coming to the forefront again.

By Danielle Broadway and Dawn Chmielewski

By Clare Jim

By David Milliken

By Andrea Shalal and Karen Freifeld

(Reuters) — Democrat Congresswoman Maxine Waters (NYSE:WAT) said on Wednesday she was «deeply concerned» about payment giant PayPal (NASDAQ:PYPL) launching its own stablecoin in the absence of a federal framework to regulate digital assets.

By Milana Vinn and Anirban Sen

By Karen Freifeld and David Shepardson

Meta Platforms' Threads app is adding new updates including the ability to share posts through Instagram messages, CEO Mark Zuckerberg said on Wednesday, as the company tries to retain users on its new app. Threads — which rivals X, the social media platform formerly known as Twitter — lost more than half of its users in the weeks following its buzzy launch.

Reuters citing Italian authorities on Wednesday. According to the report, 4 survivors of the accident were taken to the island of Lampedusa. The boat was reportedly carrying 45 people.

swimmers in Gaza — as a qualified swimming coach who runs his own school. Parents bringing their children to swimming classes for the first time are surprised to see Tattar standing on two crutches, but their doubts soon turn into confidence when they see his skills in the water. Tattar, now aged 42, lost his right leg when he was run over by a car. Faced with the problem of finding a job in the Palestinian enclave, where nearly half the working-age population is unemployed, he took to swimming and qualified as a coach. «I told myself I had to turn this ordeal into a blessing, I made the amputation of my leg a motive for me to become an active member of the society,» he said. «I developed my skills and that enabled me to start a swimming school,» Tattar told Reuters as a few dozen of his students trained in the water.

Last month, it was reported that Caledonia gave prospective buyers until the end of July to put forward indicative offers for the firm | Credit: iStock

Investing.com — U.S. stock futures inch up Wednesday, as investors digest a Moody's downgrade of several midsized banks that hit shares on Wall Street in the previous session. Elsewhere, Disney gears up to unveil its latest results as its ESPN division signs a partnership with gambler Penn Entertainment. Meanwhile, inflation in China contracts in July, further exacerbating concerns over the country's post-COVID recovery.

Investing.com — U.S. futures rose Wednesday, rebounding after the previous session's losses with investors digesting more corporate earnings.