Reuters

BEIJING (Reuters) - Tesla released a software upgrade for its in-car navigation system in China on Friday, introducing new features such as displaying lane markings on its maps that correspond to the actual lanes on the road.

The company announced the update on its official WeChat account along with a series of new features added in the latest over-the-air upgrade that it claimed would reduce users' reliance on smartphone applications while driving.

MOSCOW (Reuters) - The Russian Defence Ministry on Friday accused Ukrainian forces of firing five U.S.-supplied ATACMS missiles at the Russian-controlled eastern Ukrainian city of Luhansk in an attack it said had wounded 20 people, including children.

Separately, Leonid Pasechnik, the Russia-installed governor of the region, said on the Telegram messenger app that three people had been killed in the strike and that the total number of victims had risen... (continue reading...)

By Shivangi Acharya and Saurabh Sharma

AYODHYA, India (Reuters) -The opening of a grand Hindu temple just three months ahead of India's general election was supposed to be a crowning moment for populist prime minister Narendra Modi that would carry his party to a dominant victory with its Hindu-first agenda.

It didn't work out that way.

Instead, Modi's Hindu nationalist Bharatiya Janata Party (BJP) lost the seat in Ayodhya,... (continue reading...)

(Reuters) - Education technology company PowerSchool Holdings said on Friday it would be acquired by Bain Capital in a deal valuing the firm at $5.6 billion.

Under the terms, PowerSchool stockholders will receive $22.80 per share in cash and existing shareholders — Vista Equity Partners and Onex Partners — will continue to have minority investments in the company after the deal closes.

Reuters had reported deal talks between Bain and... (continue reading...)

(Reuters) - Global investors returned to equity funds in the seven days to June 5, powered by optimism that major central banks would cut interest rates as inflation moderated, while a drop in U.S. bond yields also lifted risk sentiment.

Investors pumped in a net $8.9 billion into global equity funds during the week, in contrast to about $4.4 billion worth of net withdrawals a week ago, data from LSEG showed.

This week, the European... (continue reading...)