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(Reuters) – PGA Tour said its planned merger with Saudi-backed LIV Golf and DP World Tour has garnered unsolicited interest from investors as it continues to finalise an agreement with the Public Investment Fund and the DP World Tour. The PGA said that while it did not solicit additional investment interest, it has a responsibility to members, sponsors and fans to thoroughly evaluate all potential options. “Our focus continues to […]

Middle East Shakeup: Israel and Saudi Arabia Contemplate a New Chapter Amid looming Iranian threats, Saudi Arabia eyes normalization with Israel as part of a broader US defense pact By Keren Setton/The Media Line The undercurrents in the Middle East appear to be heralding a new era. The notion of normalization between Israel and Saudi Arabia, previously unthinkable, might just be progressing. Three years after Israel normalized its relations with […]

Middle East Shakeup: Israel and Saudi Arabia Contemplate a New Chapter Amid looming Iranian threats, Saudi Arabia eyes normalization with Israel as part of a broader US defense pact By Keren Setton/The Media Line The undercurrents in the Middle East appear to be heralding a new era. The notion of normalization between Israel and Saudi Arabia, previously unthinkable, might just be progressing. Three years after Israel normalized its relations with […]

PHILADELPHIA (AP) — Dozens of people faced criminal charges Wednesday after a night of social media-fueled mayhem in which groups of thieves, apparently working together, smashed their way into stores in several areas of Philadelphia, stuffing plastic bags with merchandise and fleeing, authorities said. Police said they made at least 52 arrests. Burglary, theft and other counts have been filed so far against at least 30 people, all but three […]

(Reuters) – Ukrainian troops held off determined attacks on Wednesday by Russian forces trying to regain lost positions on the eastern front, military officials said, while analysts suggested Kyiv’s forces were also making progress in the southern theatre. The Ukrainian military launched its counteroffensive in June intending to recoup ground in the east and in the past two weeks announced the capture of two key villages, Andriivka and Klishchiivka, near […]

By Sam Nussey TOKYO (Reuters) -Sony Group said on Thursday its gaming chief Jim Ryan would retire next March, with group President Hiroki Totoki to become interim CEO during the search for a successor. Ryan, who is British, become CEO of Sony Interactive Entertainment (SIE) in 2019 and oversaw initiatives including the launch of the PlayStation 5 console the following year. “Jim no longer wants to manage the tradeoff between […]

By Jeff Mason SAN FRANCISCO (Reuters) – President Joe Biden raised money for his re-election campaign on Wednesday at the San Francisco home of billionaire climate activist Tom Steyer as part of an end-of-the-quarter push to bolster his 2024 chances. In his remarks, Biden warned about the dangers of climate change, among other topics. Biden later was to attend a second fundraising event in San Francisco hosted by a co-founder […]

By Aditi Shah NEW DELHI (Reuters) -Toyota Motor plans to build a third car plant in India, expanding production capacity in the country for the first time in over a decade as its partnership with Suzuki Motor boosts domestic volumes, two sources said. The world’s biggest car maker wants the plant to start with capacity of 80,000-120,000 vehicles a year, which could grow to around 200,000 over time, said one […]

(Reuters) – The U.S. economy is facing headwinds from a possible government shutdown, student debt payments restarting, higher interest rates and an autoworkers’ strike, White House economic adviser Jared Bernstein said on Wednesday. The economy will keep going in a “pretty good way” unless there is a policy mistake or exogenous shock, he added, speaking at an event at the Economic Policy Institute, a progressive think tank. “We have wages […]