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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A sense of cautious optimism could be the tone across Asia early on Thursday as China’s markets cool down, investors welcome fairly balanced comments from Federal Reserve Chair Jerome Powell, and await the European Central Bank’s rate decision. After a volatile start to markets this week, the concentration of major […]

By Patricia Zengerle WASHINGTON (Reuters) – BoU.S. Senator Bob Menendez said on Wednesday he still had concerns about the sale of F-16 fighter jets to Turkey, and had not changed his hold on the sale of the aircraft. There is “nothing new,” Menendez, the Democratic chairman of the Senate Foreign Relations Committee, told Reuters at the Capitol. “We continue to raise our concerns.” During the informal review process for major […]

(Reuters) -EBay forecast third-quarter profit below market expectations on Thursday as the e-commerce platform spent more to bolster categories such as auto parts, refurbished goods and collectibles, sending its shares down 4.5% after the bell. The company had in June acquired Certilogo, a provider of AI-powered apparel authentication, and bought trading cards marketplace TCGplayer last year. To attract more Gen Z buyers, it also launched its streetwear vertical in June […]

KYIV (Reuters) -Russia targeted the regions of Kyiv, Khmelnytskiy and Kirovohrad in a second missile strike on Ukraine on Wednesday, and its air force chief said the barrage had been repelled. Air Force Commander Mykola Oleshchuk, writing on Telegram, said anti-aircraft units had downed 36 targets – three Kalibr cruise missiles and 33 Kh-101/Kh-555 cruise missiles. A later statement indicated that information was still being collated on Kindzhal missiles also […]

By Katie Paul and Yuvraj Malik (Reuters) -Meta Platforms forecast third-quarter revenue above market expectations on Wednesday, sending shares up on signs that the improving economic environment will boost ad spending. The company expects July-September revenue in the range of $32 billion to $34.5 billion, compared with analysts’ average estimate of $31.30 billion, according to Refinitiv data. “We continue to see strong engagement across our apps and we have the […]

NEW YORK (Reuters) – The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still elevated inflation as a rationale for what is now the highest U.S. central bank policy rate in 16 years. The rate hike, the Fed’s 11th in its last 12 meetings, set the benchmark overnight interest rate in the 5.25%-5.50% range, and the accompanying policy statement left the door open […]

By Richard Cowan WASHINGTON (Reuters) -Top U.S. Senate Republican Mitch McConnell froze up for about 21 seconds while speaking to reporters on Wednesday, walking away only to return 12 minutes later to say he was “fine.” The 81-year-old Kentucky lawmaker began a regular scheduled press conference on Wednesday by talking about bipartisan cooperation on a massive defense funding bill only to freeze up for 21 seconds, standing still and staring […]

By Graham Fahy and Padraic Halpin DUBLIN (Reuters) -Sinead O’Connor, the Irish singer known for her stirring voice, 1990 chart-topping hit “Nothing Compares 2 U” and outspoken views, has died at the age of 56, Irish media quoted her family as saying on Wednesday. Brash and direct – her shaved head, pained expression, and shapeless wardrobe a direct challenge to popular culture’s long-prevailing notions of femininity and sexuality – O’Connor […]

LONDON (Reuters) – Irish singer Sinead O’Connor, known for topping the charts around the world with the 1990 song “Nothing Compares 2 U”, has died at the age of 56, Irish national broadcaster RTE quoted her family as saying on Wednesday. Below is some reaction to her death: IRISH PRESIDENT MICHAEL D. HIGGINS “One couldn’t but always be struck by the depth of her fearless commitment to the important issues […]