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Image for Alibaba to sell Lingxi Games in more than $2 billion deal, source says
Finance

Alibaba to sell Lingxi Games in more than $2 billion deal, source says

By Kane Wu and Eduardo Baptista HONG KONG, Aug 17 (Reuters) - Alibaba Group is expected to reap more...

17th August, 2026

Image for Russian state bank fires economist who warned Moscow was losing 'war of attrition' with West
Finance

Russian state bank fires economist who warned Moscow was losing 'war of attrition' with West

LONDON, Aug 17 (Reuters) - Russian state development bank VEB has fired its chief economist over rem...

17th August, 2026

Image for Exclusive-Shein cuts company valuation to around $25 billion in Hong Kong IPO, sources say
Finance

Exclusive-Shein cuts company valuation to around $25 billion in Hong Kong IPO, sources say

By Summer Zhen and Kane Wu HONG KONG, Aug 17 (Reuters) - Online fast-fashion retailer Shein is eyein...

17th August, 2026

Image for Italy's Intesa Sanpaolo holds stake in SpaceX worth nearly $1 billion in second quarter
Finance

Italy's Intesa Sanpaolo holds stake in SpaceX worth nearly $1 billion in second quarter

MILAN, Aug 17 (Reuters) - Italy's biggest bank Intesa Sanpaolo held a stake worth about $966 million...

17th August, 2026

Image for Deutsche Telekom to buy Poland's Fiberhost and Inea for €1 billion
Finance

Deutsche Telekom to buy Poland's Fiberhost and Inea for €1 billion

Aug 17 (Reuters) - Deutsche Telekom said on Monday it had agreed to buy Polish network operator Fibe...

17th August, 2026

Image for Sterling advances ahead of economic data that could test rally
Finance

Sterling advances ahead of economic data that could test rally

By Niket Nishant Aug 17 (Reuters) - The pound rose on Monday as investors awaited a batch of inflati...

17th August, 2026

Image for Azerbaijan seeks to nurture tech sector as it looks beyond oil
Finance

Azerbaijan seeks to nurture tech sector as it looks beyond oil

By Nailia Bagirova BAKU, Aug 17 (Reuters) - Long reliant on oil and gas exports, Azerbaijan is court...

17th August, 2026

Image for AI market correction is coming, ECB blog predicts
Finance

AI market correction is coming, ECB blog predicts

FRANKFURT, Aug 17 (Reuters) - A market correction to tech stock exuberance in the U.S. is likely and...

17th August, 2026

Image for Spain disregarded Ceuta warnings before migrant rush, say border workers' unions
Finance

Spain disregarded Ceuta warnings before migrant rush, say border workers' unions

(Adds byline, adds Madrid to dateline) By Victoria Waldersee MADRID/CEUTA, Aug 15 (Reuters) - In the...

17th August, 2026

Image for In Bangkok's gun district, traders say Thai crackdown misses the mark
Headlines

In Bangkok's gun district, traders say Thai crackdown misses the mark

By Juarawee Kittisilpa and Chayut Setboonsarng BANGKOK, Aug 17 (Reuters) - Loaves of sourdough bread...

17th August, 2026

Image for Russia hits Ukraine's Izmail and Odesa ports in overnight strikes
Headlines

Russia hits Ukraine's Izmail and Odesa ports in overnight strikes

Aug 17 (Reuters) - A Russian attack targeted port infrastructure in Ukraine's Izmail district in the...

17th August, 2026

Image for Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources say
Finance

Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources say

By Echo Wang Aug 14 (Reuters) - As Anthropic prepares for what could be one of the biggest IPOs on r...

17th August, 2026