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News
Trump to promote tax cuts in Nevada visit as Republicans battle for House seats
1+ hour, 30+ min ago (392+ words) LAS VEGAS, Aug 5 (Reuters) – U.S. President Donald Trump will visit Las Vegas on Wednesday to tout his administration’s tax cut policies and sharpen contrasts with Democrats, as Republicans look to defend their congressional majorities in the November midterm election. The…...
Disney and TikTok strike short-form video-sharing deal
1+ hour, 33+ min ago (310+ words) LOS ANGELES, Aug 5 (Reuters) – Walt Disney and TikTok on Wednesday announced a deal to let TikTok creators use characters and scenes from Disney movies and TV shows in short-form videos, the first pact of its kind between the popular social…...
Lula leads Bolsonaro but gap narrows ahead of Brazil election, poll shows
1+ hour, 1+ min ago (184+ words) SAO PAULO, Aug 5 (Reuters) – Brazilian President Luiz Inacio Lula da Silva continues to lead Senator Flavio Bolsonaro, although the right-wing challenger has narrowed the gap with the leftist incumbent ahead of October’s election, a Quaest poll commissioned by brokerage Genial…...
Nudge from Bessent firms case for BOJ rate hike in September
2+ hour, 5+ min ago (877+ words) TOKYO, Aug 5 (Reuters) – U.S. Treasury Secretary Scott Bessent’s public views on Japan’s monetary policy have all but locked the central bank into an interest rate hike at its September meeting and raised questions about Washington’s influence over domestic policy. Bessent…...
Australia’s new data centres must be majority renewable powered, says minister
2+ hour, 57+ min ago (390+ words) By Peter Hobson and Helen Clark CANBERRA/PERTH, Aug 5 (Reuters) – Australia’s energy minister Chris Bowen said on Wednesday that plans by the Northern Territory to use its large-scale shale gas resources to power data centres would run counter to proposed…...
Nigeria’s Tinubu approves military pay rise as security challenges persist
14+ hour, 12+ min ago (253+ words) ABUJA, Aug 4 (Reuters) – Nigerian President Bola Tinubu has approved pay rises of up to 80% for members of the armed forces, the presidency said on Tuesday, in a move aimed at boosting troop welfare as the country battles insurgency, banditry and…...
AMD falls as investors seek bigger AI payoff
3+ hour, 13+ min ago (275+ words) Aug 5 (Reuters) – Advanced Micro Devices shares declined before the bell on Wednesday as the chipmaker’s stronger-than-expected revenue forecast fell short of lofty expectations and investors sought clearer signs that a multibillion-dollar AI spending boom will translate into faster growth. The…...
Analysis-Europe’s established tech firms emerge as unexpected AI winners
5+ hour, 44+ min ago (640+ words) August 5 (Reuters) – The AI boom was widely expected to favour the new companies building the models. Recent earnings suggest it is some of Europe’s biggest, well-established technology groups that are emerging as AI beneficiaries. SAP, Capgemini, Sopra Steria and OVHcloud…...
Lockup expiry will offer the next test of investor appetite for SpaceX shares
8+ hour, 1+ min ago (729+ words) By Suzanne McGee and Akash Sriram PROVIDENCE, Rhode Island, Aug 4 (Reuters) – The next test for SpaceX investors following its first earnings report as a public company comes on Thursday, when as many as 912 million shares held by employees and other…...
X says Turkish court ordered block of Istanbul Mayor Imamoglu’s candidacy account
10+ hour, 53+ min ago (274+ words) Aug 4 (Reuters) – Social media platform X said on Tuesday it was complying with a Turkish court order to block access in the country to jailed Istanbul Mayor Ekrem Imamoglu’s presidential candidacy office account, but was challenging the order in court....