By Shubham Batra
(Reuters) -India has pushed back against a proposal by the European Union as part of free trade agreement talks which would give the 27-nation bloc a say in decisions related to capital flows, two Indian government sources said.
The proposal, unusual in most free trade agreements, has raised concerns in New Delhi over limiting its ability to act unilaterally during crises, as both sides aim to conclude the deal by the end of... (continue reading...)
By William Schomberg
LONDON (Reuters) -British business activity grew only weakly in July and employers cut jobs at the fastest pace in five months, according to a survey that is likely to add to speculation about a Bank of England interest rate cut next month.
The S&P Global UK Composite Purchasing Managers' Index (PMI), published on Thursday, slowed to 51.0 points from 52.0 in June, not far above the 50.0 level that separates growth from... (continue reading...)
By Kane Wu and Heekyong Yang
HONG KONG/SEOUL (Reuters) -Toss, a popular South Korean app that provides banking and a host of other financial services, aims to list in the U.S. in the second quarter of 2026 with a valuation of more than $10 billion, said two people with knowledge of the plans.
Assuming market conditions are favourable, the valuation could exceed $15 billion, said one of the people, adding that the offering might raise $2... (continue reading...)
By Thomas Peter and Aleksandar Vasovic
ZAPORIZHZHIA (Reuters) -About 25 miles (40 km) from a slowly advancing Russian frontline, a community of Ukrainian Catholics is tending to people exiled from occupied territory to the country's eastern city of Zaporizhzhia.
Church members deliver humanitarian aid to Ukrainian troops and villages near the frontline and nuns offer comfort to families and especially children fleeing the war.
... (continue reading...)LONDON (Reuters) -Euro zone business activity accelerated faster than forecast this month, supported by a solid improvement in the bloc's dominant services industry and with manufacturing showing further signs of recovery, a survey showed on Thursday.
HCOB's preliminary composite euro zone Purchasing Managers' Index, compiled by S&P Global and seen as a good guide to growth, rose to an 11-month high of 51.0 points from 50.6 in June.
That... (continue reading...)
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Russian plane crashes in Russia's far east, nearly 50 people on board feared dead
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European car sales slump in June as automakers' woes deepen
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Nokia sees stronger second half after second-quarter miss
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Nokia sees stronger second half after second-quarter miss
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Nokia confirms quarterly miss, sees stronger second half if dollar holds
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Bright spots emerge in corporate earnings as tariff uncertainty lingers
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Bright spots emerge in corporate earnings as tariff uncertainty lingers
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Bright spots emerge in corporate earnings as tariff uncertainty lingers
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor warns of bigger hit from US tariffs after Q2 profit fall
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Hyundai Motor Q2 profit falls 16% as US tariffs weigh
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Exclusive-Indian firm shipped explosives to Russia despite US warnings
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Chipmaker STMicro makes first loss in over a decade, hit by restructuring costs
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Chipmaker STMicro reports second-quarter loss
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Chipmaker STMicro reports second-quarter loss
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South Korea police raid offices of K-pop powerhouse HYBE over share probe
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South Korea police raid HYBE offices, Yonhap reports
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South Korea police raid HYBE offices, Yonhap reports
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South Korea police raid HYBE offices, Yonhap reports
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South Korea police raid HYBE offices, Yonhap reports
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South Korea police raid HYBE offices, Yonhap reports
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South Korea police raid HYBE offices, Yonhap reports
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South Korea police raid HYBE offices, Yonhap reports
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Canada's Teck Resources beats profit estimates for second quarter
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Canada's Teck Resources beats quarterly profit estimates