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Civilian dies in Russian attack on Ukraine's Kharkiv, official says Jun 3, 2024 12:53AM

(Reuters) - One person died and two were injured in an overnight Russian attack on Kharkiv, the governor of the eastern Ukrainian region said on Monday.

The civilian was killed and the two people were injured when a recreation complex was hit in the Zmiiv district, Oleh Synehubov, governor of the Kharkiv region, said on the Telegram messaging app.

Reuters could not independently verify the report. Both Russia and Ukraine deny targeting... (continue reading...)


Arm expects 100 billion Arm devices will be ready for AI by end of 2025 Jun 3, 2024 12:52AM

TAIPEI (Reuters) - British chip designer Arm Holdings expects 100 billion Arm devices worldwide will be ready for artificial intelligence by the end of next year, the company's chief executive, Rene Haas, said on Monday at the Computex forum in Taipei.

(Reporting by Max A Cherney; Writing by Ben Blanchard)


Morning Bid: Markets in upbeat mood as factories hum Jun 3, 2024 12:34AM

By Wayne Cole

(Reuters) - A look at the day ahead in European and global markets from Wayne Cole.

Share markets have started the week in a positive mood, helped in part by signs of accelerating factory activity across Asia where the private Caixin survey showed China's main factory index hitting a two-year top.

Factory activity expanded for the first time in a year in Japan, and grew at the fastest pace in two years in South... (continue reading...)


Indonesia's inflation rate cools in May, comes in below forecast Jun 3, 2024 12:14AM

JAKARTA (Reuters) - Indonesia's annual inflation rate eased more than expected in May, data from the statistics bureau showed on Monday, remaining within the central bank's 1.5% to 3.5% target range.

The May headline inflation rate was 2.84%, down from 3% in April. A Reuters poll of analysts had expected an inflation rate of 2.94% in May.

Inflation has stayed within Bank Indonesia's target range since the middle of last year. The central... (continue reading...)


Blackstone set to sweeten Hipgnosis offer as part of revised bid, FT reports Jun 3, 2024 12:12AM

(Reuters) -Blackstone will sweeten its offer for Hipgnosis Songs Fund by a cent to $1.31 from $1.30 as part of a revised bid that would value the firm at nearly at $1.6 billion, the Financial Times reported on Monday.

The deal will need approval from 75% of voting shareholders of Hipgnosis, that owns the music rights of artists such as Shakira and Red Hot Chili Peppers, the newspaper said, citing people familiar with the matter.

The offer... (continue reading...)


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