Nvidia to acquire $1 billion of new shares of South Korea's Naver

South Korea's Naver said ‌in a regulatory ⁠filing on Monday that ⁠Nvidia ​will acquire $1 billion of ‌its ‌shares ‌to ‌be newly ​issued ⁠as part of an ⁠investment ​partnership ⁠to ​build a new ⁠data ⁠center. (Reuters)

2026-07-27 08:34:32:00

Asian refiners look to Suez Canal to move Saudi oil

HOUSTON (Reuters) -- Asian refiners are seeking to ship crude oil from Saudi Arabia's Red Sea port ‌through the Suez Canal and around Africa after Yemen's Iran-aligned Houthis said they would impose a naval blockade on Saudi Arabia. The move marks the latest redirection of oil flows due to the US-Israeli war with Iran that has sharply cut supplies, pushing refiners to ⁠seek alternative barrels or undertake different routes. Two oil tankers carrying Saudi crude to Asia reversed course in the Red

2026-07-22 10:16:40:00

Conflicts, aircraft orders in focus as Farnborough Airshow kicks off

FARNBOROUGH, England (Reuters) -- Farnborough Airshow opens Monday with Boeing and Airbus pursuing aircraft deals and defense ‌firms vying for a share of booming military budgets fuelled by wars in Ukraine and the Middle East. Plane-makers are expected to announce a string of deals during the week, although industry sources say total ⁠orders are likely to fall well short of some analyst forecasts of 800 aircraft or more, reflecting supply-chain constraints that continue to limit production. At t

2026-07-20 13:13:09:00

US renews strikes on Iran after two military personnel were killed by Iranian attack

The United States launched new strikes against Iran, Central Command said, after it earlier announced that two US military personnel were killed in Jordan and another was missing ‌following an Iranian attack. Before the strikes on Saturday, Iran's supreme leader said Washington would pay for "seeking to escalate the conflict." Central Command said in a statement that the airstrikes began at 6 p.m. ET (2200 GMT), at President Donald Trump's direction. "The strikes are designed to further degrade

2026-07-19 09:06:26:00

North Korean leader Kim Jong-un meets China's Wang Huning

North Korean leader Kim Jong-un held talks with Wang ‌Huning, China's fourth-highest-ranked official in Pyongyang, the state-run Korean Central News Agency reported on Friday. The Chinese ‌delegation led by Wang arrived in Pyongyang on Wednesday, at the invitation of North Korea. The meeting ⁠is the latest in a series of high-level exchanges between Beijing and Pyongyang following Chinese President Xi ⁠Jinping's visit to North Korea in June — the first in seven years — ​and reflects China's effo

2026-07-17 08:54:44:00

US Fed's inflation concerns grew at June meeting, minutes show

WASHINGTON (Reuters) -- Concern ‌about high inflation mounted at the US central bank's meeting last month, as officials followed Federal Reserve Chairman Kevin Warsh's lead to a more stripped-down policy statement even amid concerns that price increases were broadening and might require interest rate hikes. A "few participants" at the June 16-17 meeting said there was already a case to raise borrowing costs, even though ‌they ultimately agreed with their colleagues to hold rates steady "at this

2026-07-09 10:45:27:00

Three sons of Iran's slain leader Khamenei appear at funeral, not his successor

TEHRAN (Reuters) -- Three sons of slain Iranian leader Ayatollah Ali Khamenei prayed beside his coffin and those of four other family members on Sunday, but Mojtaba, the son who succeeded him as Iran's supreme leader, did not make an appearance. State TV showed Mostafa, Meysam and Masoud Khamenei praying behind the coffins laid ‌out in the vast courtyard of Tehran's Imam Khomeini Grand Mosalla, a sprawling religious complex. Their father, alongside several other members of the family, was killed

2026-07-05 19:24:08:00

South Korea's mega chips gamble tests optimism of AI cycle

Samsung Electronics and SK Hynix are making one of the biggest bets yet on ‌the artificial intelligence boom with investments worth hundreds of billions of dollars, but the planned capacity buildout is stoking fears of a painful reckoning if AI spending cools. The tech giants won praise -- and a deep bow -- from President Lee Jae Myung after throwing their weight behind the government's semiconductor push, in an apparent departure from a previously restrained approach to capacity expansion shape

2026-07-01 08:44:04:00

Son apologizes after South Korea's early World Cup exit, urges fans to support team

South Korea captain Son ​Heung-min apologized to fans on Monday after the team's group-stage exit from the World Cup and urged them to support the players ‌rather than criticize them following the campaign. The apology came a day after Hong Myung-bo resigned as South Korea coach. Results on Saturday meant the South Koreans would not advance to the ‌last 32 as one of the eight third-placed finishers in the group phase. Expectations had been high for a talented South Korean squad featuring Son, Pa

2026-06-30 08:50:04:00

France records 1,000 excess deaths during record-breaking heatwave

PARIS (Reuters) -- ​France has recorded 1,000 excess deaths during the blistering heatwave sweeping Europe, ‌the public health agency said on Sunday, warning that the true figure was likely to be higher. Detailing ‌its preliminary count of excess deaths, Sante Publique said most of the fatalities involved older people and that it expected ⁠the mortality rate to rise as more information became available about deaths in residential care and homes. Europeans have ⁠been enduring blistering condition

2026-06-28 21:00:04:00