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AMSTERDAM (Reuters) – A burned-out car carrier off the Dutch coast is being towed to port for salvage, Dutch authorities said on Thursday. The Fremantle Highway, which was travelling from Germany to Egypt when the blaze broke out on July 26, will be towed from its current location north of the islands Ameland and Schiermonnikoog to nearby harbour Eemshaven, the Dutch public works and water management ministry said in a […]

By Sam Nussey TOKYO (Reuters) -Japan’s Nintendo on Thursday said it sold 3.91 million units of its Switch console in the April-June quarter, exceeding sales in the same period a year earlier, boosted by the runaway success of its latest “Zelda” title. Investor sentiment has been buoyed by the breakout success of the “The Super Mario Bros. Movie”, which leads this year’s global box office ranking, and praise for video […]

By Helen Reid LONDON (Reuters) -Adidas sales should fall only slightly in 2023, a better outcome than previously expected, the sportswear giant said on Thursday, confirming strong demand for its remaining Yeezy shoe stocks helped narrow a projected full-year loss. The upgraded guidance follows a 40% jump in Adidas shares since the start of the year as investors bet on CEO Bjorn Gulden’s ability to turn the company around after […]

By Liz Lee, Ryan Woo and Ethan Wang BEIJING (Reuters) – From dangerous discharge by swollen rivers to residents trapped in waterlogged cities, China’s disaster-response systems are being put to the test, with record rainfall potentially taking weeks to recede following one of the strongest storms in years. In the wake of Typhoon Doksuri, which landed in southern China on Friday, extreme rain has battered the north, breaking a 140-year […]

By Panarat Thepgumpanat BANGKOK (Reuters) -Thailand’s house speaker said on Thursday that a parliamentary vote for the next prime minister would be postponed, prolonging a political deadlock that has raised questions about stability since a May general election. Many voters in the May 14 vote rejected nearly a decade of rule by the military and a military-backed government but the progressive party that won, Move Forward, has been blocked from […]

By Rocky Swift TOKYO (Reuters) – The Japan opening of the hit film “Barbie” was dealt additional setbacks as an online petition gained steam calling on Hollywood studios to disavow a grassroots marketing movement that made light of nuclear holocaust. A Change.org petition collected more than 16,000 signatures over two days as of Thursday, demanding that Warner Bros and Universal Pictures, the studio behind the “Oppenheimer” biopic, call a halt […]

BERLIN (Reuters) -BMW on Thursday reported significantly higher revenues for the first half at 74 billion euros ($80.87 billion), due in part to the integration of its Chinese joint venture BMW Brilliance Automotive (BBA) as well as higher sales and pricing. Its earnings before interest and taxes (EBIT) came in at 9.7 billion euros, up 42.6%, but net profit fell to 6.6 billion euros, also due to the impact of […]

By Ludwig Burger FRANKFURT (Reuters) -Germany’s Merck KGaA on Thursday warned of a steeper earnings decline on a slump in demand for materials used to produce pharmaceuticals and semiconductors, as its high-tech niche markets get drawn into a wider downturn. In a statement, it cited “persistently high inventory levels of our Life Science customers, the further delayed recovery of the market for semiconductor materials, an increased cost level due to […]

(Corrects par 11 to US ambassador took his wife, daughter and her friends to see “Barbie”) By Rocky Swift TOKYO (Reuters) -The Japan opening of the hit film “Barbie” was dealt additional setbacks as an online petition gained steam calling on Hollywood studios to disavow a grassroots marketing movement that made light of nuclear holocaust. A Change.org petition collected more than 16,000 signatures over two days as of Thursday, demanding […]