Asia shares mixed, China cuts rates as data disappoints

FILE PHOTO – People pass by an electronic screen showing Japan’s Nikkei share price index inside a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 Nikkei edges up, S&P 500 futures dip PBOC cuts key rates, China data badly miss forecasts Eyes on … Read more

Ukraine targets Russian soldiers threatening Europe’s largest nuclear power plant

Russians threatening Zaporizhzhia are “special targets” G7 nations call on Moscow to withdraw troops from plant Fear of nuclear catastrophe unless fighting stops Russia warns it may cut bilateral ties with United States More grain ships depart Ukraine KYIV, Aug 14 (Reuters) – Ukraine is targeting Russian soldiers who shoot at Europe’s largest nuclear power … Read more

One killed, dozens injured as high winds cause stage collapse at Spain festival

CULLERA, Spain, Aug 13 (Reuters) – One person was killed and dozens were injured when high winds caused part of the main stage to collapse at a dance music festival near the Spanish city of Valencia early on Saturday, emergency services said. Other infrastructure was also damaged when gusts battered the Medusa Festival, a huge … Read more

Eneos books strong Q1 results, CEO abruptly resigns

JX Nippon Oil & Energy Corp’s Eneos brand logo on a tanker lorry in a train at a station nearby its refinery in Yokohama, Japan February 7, 2017. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register TOKYO, Aug 12 (Reuters) – Japanese oil and metals giant Eneos Holdings Inc (5020.T) announced on … Read more

Stocks rally, dollar falls on easing inflation

Wall Street rallies with Nasdaq leading gains CPI was flat in July after rising 1.3% in June In 12 months through July, CPI rose 8.5% vs 9.1% in June NEW YORK, Aug 10 (Reuters) – Wall Street equities rallied and the dollar tumbled after signs of sharply decelerating U.S. inflation prompted bets that the Federal … Read more

Google down for thousands of users – Downdetector

Broken Ethernet cable is seen in front of Google logo in this illustration taken March 11, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 8 (Reuters) – Alphabet Inc’s (GOOGL.O) Google was down for thousands of users on Monday, according to outage tracking website Downdetector.com. There were more than 40,000 … Read more

Stocks choppy after U.S. jobs report sell-off

U.S. stocks mixed following Friday sell-off Treasury yields decline Oil rises 1%, off multi-month lows Aug 8 (Reuters) – World stock markets were mostly flat on Monday, unable to recover much from a sell-off last week triggered by a strong U.S. jobs report that bolstered the case for sharp interest rate increases. The dollar weakened … Read more

Tata Motors to buy Ford India’s manufacturing plant for $91 million

Tata Motors logos are pictured outside their flagship showroom in Mumbai May 28, 2013. Picture taken May 28, 2013. REUTERS/Vivek Prakash Register now for FREE unlimited access to Reuters.com Register Aug 8 (Reuters) – Tata Motors Ltd (TAMO.NS) signed an agreement on Sunday to buy Ford Motor’s manufacturing plant in the western state of Gujarat … Read more

China’s exports gain steam but outlook cloudy as global growth cools

China July exports grow at faster pace, beat forecast Imports again disappoint, highlighting weak domestic demand Trade balance hit record high in July Weak foreign demand adds stress to trade, economic outlook BEIJING, Aug 7 (Reuters) – China’s export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its … Read more

Indonesia says Tesla strikes $5 bln deal to buy nickel products – media

Tesla cars are seen parked at the construction site of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 20, 2022. REUTERS/Hannibal Hanschke/ Register now for FREE unlimited access to Reuters.com Register JAKARTA, Aug 8 (Reuters) – U.S. carmaker Tesla (TSLA.O) has signed contracts worth about $5 billion to buy materials for their … Read more