By Nidal al-Mughrabi and Ari Rabinovitch
CAIRO/JERUSALEM (Reuters) - Israel's tanks pushed into the heart of Jabalia in northern Gaza on Thursday, facing anti-tank rockets and mortar bombs from militants concentrated there, while in the south, its forces pounded Rafah without advancing, Palestinian residents and militants said.
The slow progress of Israel's offensive, more than seven months after it was prompted by Hamas' deadly... (continue reading...)
(Reuters) - Deere trimmed its annual profit forecast for the second time on Thursday, as farmers buy fewer tractors and combine harvesters due to falling crop prices.
The world's largest farm equipment maker said it now expects fiscal 2024 net income of about $7 billion, compared with its prior forecast of $7.50 billion to $7.75 billion.
The U.S. Department of Agriculture has forecast net farm income to slide 25.5% to $116.1 billion... (continue reading...)
(Reuters) - Chinese online retailer JD.com on Thursday reported first-quarter revenue that beat market estimates, as deep price cuts helped boost sales that had been hit hard by cautious customer sentiment.
U.S.[listed shares of the company rose about 3.5% in premarket trading.
JD.com and bigger rival Alibaba Group have been lowering prices and offering discounts to maintain market share in the world's second largest economy where... (continue reading...)
By Foo Yun Chee
BRUSSELS (Reuters) - Meta Platforms' social media sites Facebook and Instagram will be investigated for potential breaches of EU online content rules relating to child safety, EU regulators said on Thursday, a move that could lead to hefty fines.
Tech companies are required to do more to tackle illegal and harmful content on their platforms under the European Union's landmark Digital Services Act (DSA), which kicked in... (continue reading...)
By Huw Jones
LONDON (Reuters) - The digitalisation and entry of Big Tech into finance create new vulnerabilities and amplify existing risks in the banking system that may need new rules to mitigate, global banking regulators said in a report on Thursday.
The growth of cloud computing, whereby key banking services are aided by outside tech companies, the rise of AI, use of distributed ledger technology (DLT), and spread of open banking, or... (continue reading...)
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