Trump says his plane faced 'greater risk' in secret flight change

U.S. President Donald Trump said on Wednesday he secretly switched planes in ‌Turkey last month at the direction of the U.S. Secret Service, but that the plane he ultimately flew on was still more ...

Wisconsin Democrats nominate moderate Crowley for governor; Trump ally beaten in Minnesota

Democratic socialist Francesca Hong and moderate David Crowley were locked in a tighter-than-expected battle for Wisconsin's ...

Crypto Weekly: Trump sees losses, Dubai exchange sanctioned

Trump Media & Technology Group reported a wider second-quarter loss, driven largely by unrealised losses on its cryptocurrency holdings, while The US sanctioned Dubai-based cryptocurrency exchange ...

Indonesian ferry catches fire off Bali, survivors recount escape

Indonesian authorities rescued 172 people on Wednesday (August 12) after a ferry traveling from the tourist island of Bali caught fire in waters off Lombok, officials said, as the search continued for ...
Reuters

Tencent Q2 revenue climbs 11% on AI-driven ad gains, but profit falls short

BEIJING, Aug 12 (Reuters) - Tencent Holdings (0700.HK), opens new tab reported an 11% rise in second-quarter revenue on Wednesday, driven by strong advertising sales and steady gaming income, as the ...
Reuters

Hong Kong's tax-cut reform to exclude proprietary trading firms

HONG KONG, Aug 12 (Reuters) - The Hong Kong government said on Wednesday that tax benefits for fund managers and family offices proposed in a bill being considered by the ‌legislative council of the ...
Reuters

Investors worry leaner Fed guidance may come at a price

NEW YORK, Aug 12 (Reuters) - Investors are questioning whether Federal Reserve Chairman Kevin Warsh can successfully unwind decades of communicating its monetary policy intentions without exacting a ...
Reuters

FTSE 100 subdued ahead of US inflation data, Balfour Beatty jumps to record high

FTSE 100 up 0.04%, FTSE 250 rises 0.5% Balfour Beatty jumps 9.2% after raising annual operating profit forecast Traders price in 46% chance of 25-basis-point ‌Bank of England hike in December Aug 12 ...
Reuters

India's July retail inflation at 4.45% on-year

NEW DELHI, Aug 12 (Reuters) - India's ‌annual retail inflation (INCPIY=ECI), opens new tab stood at 4.45% ⁠in July against 4.38% in June, government data showed on ‌Wednesday. A German advocacy group ...
Reuters

Buyout aviators flag under-the-radar airline value

LONDON, Aug 12 (Reuters Breakingviews) - EasyJet ‌traded below book value before a £5.7 bln takeover battle, won by Apollo. Jet2’s £3 bln valuation also looks low, and markets may be discounting IAG’s ...
Reuters

Trump administration set to spend at least $900 million on White House construction, WaPo reports

Aug 12 (Reuters) - U.S. President Donald Trump's administration is set to spend at ‌least $900 million for construction projects on the White House grounds, the Washington Post reported on Wednesday, ...
Reuters

ABN Amro sees cost pressures ahead despite reaching 2028 target

Aug 12 (Reuters) - ABN Amro (ABNd.AS), opens new tab executives cautioned on Wednesday that the Dutch lender still faces cost headwinds, despite its headline cost efficiency metric landing below its ...