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South Korean finance app Toss plans 2026 US listing with over $10 billion valuation, sources say Jul 24, 2025 04:09AM

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...)


Ukraine's Catholics tend to faithful driven out by Russian occupation Jul 24, 2025 04:08AM

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...)


Euro zone business activity growth hits 11-month high in July, PMI shows Jul 24, 2025 04:06AM

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...)


Air India warned over 'systemic' lapses in fatigue management and training, documents show Jul 24, 2025 03:45AM

(Adds dropped word 'worst' in paragraph 10)

By Aditya Kalra

NEW DELHI (Reuters) -Air India has been warned by India's aviation regulator that it could face enforcement action for breaching safety standards related to crew fatigue management and training, government notices to the airline seen by Reuters showed.

The airline self-reported the problems, which occurred this year and last year, to the Directorate General of Civil... (continue reading...)


German private sector growth remains tepid in July, PMI shows Jul 24, 2025 03:33AM

By Miranda Murray

BERLIN (Reuters) -German business activity continued to grow marginally in July, though at a slightly slower pace than in June, as manufacturing output expanded for a fifth consecutive month and services activity stabilised, a survey showed on Thursday.

The HCOB German flash composite Purchasing Managers' Index, compiled by S&P Global, fell to 50.3 points in July, down from 50.4 in June and below the 50.7 forecast in a... (continue reading...)


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