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By Hyunsu Yim and Josh Smith SEOUL (Reuters) -Russia’s defence minister accompanied North Korean leader Kim Jong Un to a defence exhibition that featured the North’s banned ballistic missiles as the neighbours pledged to boost ties, North Korean state media reported on Thursday. The Russian minister, Sergei Shoigu, and a Chinese delegation led by a Communist Party politburo member arrived in North Korea this week for the 70th anniversary of […]

(Corrects to remove extraneous letter from jump headline) By Moussa Aksar and Boureima Balima NIAMEY (Reuters) -Niger President Mohamed Bazoum has been removed from power, according to a group of soldiers who appeared on the West African nation’s national television late on Wednesday, hours after the president was held in the presidential palace. Reading from a statement, Colonel Amadou Abdramane, seated and flanked by nine other officers, said defence and […]

(Reuters) -European chipmaker STMicroelectronics on Thursday projected improvement in third-quarter sales as it slightly beat market expectations for the second quarter, defying earlier downbeat statements by some of its peers. STM said it expects third-quarter net revenues of $4.38 billion, a touch above the $4.32 billion it posted in the third quarter last year. Chipmakers have been flagging weaker demand, with rival Texas Instruments saying earlier this week that some […]

KYIV (Reuters) – Russia hit port infrastructure in Ukraine’s Odesa region in overnight missile attack, killing a security guard and damaging a cargo terminal, the region’s governor said on Thursday. Odesa’s ports have been regular targets for Russian attacks since Moscow last week withdrew from the Black Sea grain initiative, the Turkey and UN-brokered agreement which allowed Ukrainian grain to be exported from Odesa’s ports for nearly a year. Odesa […]

By Amy Tennery WELLINGTON (Reuters) – The United States have yet to produce their best performance at the Women’s World Cup, coach Vlatko Andonovski said on Thursday, after the Netherlands held them to a frustrating 1-1 draw in their second match of the tournament in Wellington. Co-captain Lindsey Horan powered a terrific header into the net to level the affair in the second half and save the four-times champions from […]

(Reuters) – PJM Interconnection, the biggest U.S. electric grid operator, issued a level one emergency alert for Thursday as people crank up air conditioners to stave off the heat wave. The operator issued an Energy Emergency Alert Level 1 late on Wednesday for July 27, signaling that it had available resources to meet firm load and reserve commitments, and was concerned about sustaining its required Contingency Reserves. PJM oversees supply […]

By Andres Gonzalez and Jesús Aguado LONDON/MADRID (Reuters) -Spain’s Santander is planning to hire around 150 bankers primarily in the United States as part of its plans to accelerate growth in its investment banking business, three sources with knowledge of the matter said. Santander’s global corporate and investment banking chief, Jose M. Linares, discussed the plans in a town hall held in New York last week, the sources said. The […]

(Reuters) – PJM Interconnection, the biggest U.S. electric grid operator, issued a level one emergency alert for Thursday as people crank up air conditioners to stave off the heat wave. The operator issued an Energy Emergency Alert Level 1 late on Wednesday for July 27, signaling that it had available resources to meet firm load and reserve commitments, and was concerned about sustaining its required Contingency Reserves. PJM oversees supply […]

BERLIN (Reuters) -Volkswagen will concentrate on improving net cash flow in the second half as logistics bottlenecks ease, the German carmaker said on Thursday, even as it slightly lowered its 2023 outlook for deliveries. “In the first half of the year, we achieved solid financial results and took major steps to improve our competitiveness. The focus for the second half is now on strengthening net cash flow,” said Chief Financial […]