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By Josh Smith SEOUL (Reuters) – Russia’s defence minister was photographed this week viewing banned North Korean ballistic missiles with leader Kim Jong Un at a military expo in Pyongyang, signalling deeper ties between the two countries as they face off with the United States. As Russia’s isolation over its war in Ukraine has grown, it has seen increasing value in North Korea. For North Korea’s part, relations with Russia […]

By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy likely maintained a moderate pace of growth in the second quarter as labor market resilience underpinned consumer spending, while businesses boosted investment in equipment and built more factories, potentially keeping a much-feared recession at bay. The Commerce Department’s snapshot of second-quarter gross domestic product on Thursday is also expected to show the housing market slump nearing an end. Outside the housing […]

Second-seeded Andrey Rublev saved three match points in the deciding tiebreaker to escape with a 5-7, 6-1, 7-6 (7) victory over Spain’s Bernabe Zapata Miralles in the first round of the Hamburg European Open on Wednesday. The Russian trailed 6-4 in the tiebreak before saving the next two points. After Zapata Miralles went back ahead 7-6, Rublev saved another as part of recording three straight points to win the two-hour, […]

By Johannes Birkebaek COPENHAGEN (Reuters) – Double Tour de France-winner Jonas Vingegaard said on Wednesday he would like to race in the Olympics next year, after being greeted by thousands of jubilant Danes standing in the streets of Copenhagen to celebrate his second successive triumph in the sport’s premier race. The Dane told local TV 2 that he had informed national coach Anders Lund that he was available for the […]

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 security forces had decided: “Put an end to […]

By Harish Sridharan (Reuters) – Australian investment bank Macquarie Group on Thursday flagged a “substantial” fall in April-June profit, as weaker trading conditions hurt its crucial commodities business. Its shares fell after the announcement by 5.2% to A$173.55 – its biggest intraday percentage drop since mid-June last year. “Weaker trading conditions saw Macquarie’s Operating Groups deliver 1Q24 net profit contribution that was substantially down on the first quarter” a year […]

(Corrects to remove repeated word “profit” from headline) By Harish Sridharan (Reuters) -Australian investment bank Macquarie Group on Thursday flagged a “substantial” fall in April-June profit, as weaker trading conditions hurt its crucial commodities business. Its shares fell after the announcement by 5.2% to A$173.55 – its biggest intraday percentage drop since mid-June last year. “Weaker trading conditions saw Macquarie’s Operating Groups deliver 1Q24 net profit contribution that was substantially […]

By Heekyong Yang and Jihoon Lee SEOUL (Reuters) -South Korea’s LG Energy Solution Ltd missed expectations for quarterly profit on Thursday as the battery maker booked a one-off cost for General Motors’ recall of its Bolt electric vehicle, sending its shares down nearly 7%. The company, which supplies General Motors Co, Tesla Inc and others, warned it faces weaker EV demand in Europe and China than previously expected. “We expect […]

By Amy Tennery WELLINGTON (Reuters) – A second-half goal from co-captain Lindsey Horan allowed the United States to fight back for a 1-1 draw against the Netherlands in a thrilling Women’s World Cup Group E match on Thursday. The fiercely-fought re-run of the 2019 final lived up to its billing and both sides had good chances to win the fixture in an action-packed final 20 minutes. The Dutch struck first […]