By Jeff Mason, Ankur Banerjee and Dan Burns
(Reuters) -U.S. President Donald Trump, a robust critic of Federal Reserve Chair Jerome Powell, will visit the central bank on Thursday, the White House said, a surprise move that escalates tension between the administration and the Fed.
Trump has lambasted Powell repeatedly for not cutting U.S. interest rates more aggressively, calling him a "numbskull" on Tuesday and musing publicly about firing... (continue reading...)
LONDON/MILAN (Reuters) -Tesla shares fell nearly 6% in early trading in Europe on Thursday, after Elon Musk's electric vehicle maker posted its worst quarterly decline in sales in over a decade.
Shares in the company were down 5.7% in Frankfurt, having dropped 5% in after-hours trading on Wall Street on Wednesday.
Tesla's second-quarter profit missed analysts' expectations, yet its profit margin on making cars was not as bad as many had... (continue reading...)
By America Hernandez
PARIS (Reuters) -TotalEnergies reported a 23% fall in second-quarter earnings on Thursday, the French oil major's worst performance in four years but in line with expectations, as lower oil and gas prices outweighed a rise in production and power sales.
Adjusted net income fell to $3.6 billion for the three months to June 30, down from $4.7 billion a year earlier and $4.2 billion in the first quarter.
Shares... (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...)More Reuters
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Air India warned over 'systemic' lapses in fatigue management and training, documents show
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German private sector growth remains tepid in July, PMI shows
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French private sector activity contracts again in July, PMI shows
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Once bitten, twice shy: Indian banks wary of parking funds with RBI after rate jolt
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Greek fir forests dying as heat peaks and snow cover wanes
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Russian overnight attack hit Odesa region sea ports, damaged logistics sites, Ukrainian official says
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German consumer sentiment falls in August as households opt to save, finds GfK
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China plans network to sell surplus computing power in crackdown on data centre glut
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Anglo American's copper, diamond production falls in first half
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Explainer-Why the Russian rouble is outperforming and what it means
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Shares in Google parent Alphabet rise after capex plans boost
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Toy makers nix batteries, other materials to save costs during tariff war
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Rwandan President Kagame appoints new prime minister
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AI-powered ads to drive growth for global entertainment and media industry, PwC says
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Israel examines Hamas response to Gaza ceasefire proposal
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Vietnam to buy two Lockheed Martin helicopters, sources say, as US trade talks carry on
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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 confirms quarterly miss, sees stronger second half if dollar holds
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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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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 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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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 reports second-quarter loss
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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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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 quarterly profit estimates
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Canada's Teck Resources beats quarterly profit estimates
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Canada's Teck Resources beats quarterly profit estimates
