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Image for Prudential shares tumble on report China will tax offshore insurance returns
Finance

Prudential shares tumble on report China will tax offshore insurance returns

Aug 5 (Reuters) - Shares in Prudential fell more than 10% on Wednesday after Caixin reported that Ch...

5th August, 2026

Image for Capri cuts revenue outlook as Iran war hits Michael Kors sales
Finance

Capri cuts revenue outlook as Iran war hits Michael Kors sales

Aug 5 (Reuters) - Michael Kors-owner Capri Holdings cut its annual revenue forecast on Wednesday, hu...

5th August, 2026

Image for Thomson Reuters lifts full-year revenue forecast with focus on AI rollout
Finance

Thomson Reuters lifts full-year revenue forecast with focus on AI rollout

Aug 5 (Reuters) - Thomson Reuters reported a 9% rise in second-quarter revenue on Wednesday, boosted...

5th August, 2026

Image for Chanel's first-half sales outperform rivals, Bloomberg reports
Finance

Chanel's first-half sales outperform rivals, Bloomberg reports

Aug 5 (Reuters) - Chanel's comparable revenue jumped about 16% in the first half of 2026, outpacing...

5th August, 2026

Image for Drone debris sparks industrial zone fire in Russia's Ufa, governor says
Finance

Drone debris sparks industrial zone fire in Russia's Ufa, governor says

MOSCOW, Aug 5 (Reuters) - Falling drone debris sparked a fire in the industrial zone of the Russian...

5th August, 2026

Image for KNDS chairman denies discussions over tank maker's full nationalisation
Finance

KNDS chairman denies discussions over tank maker's full nationalisation

FRANKFURT, Aug 5 (Reuters) - KNDS Chairman Tom Enders on Wednesday denied a media report saying ther...

5th August, 2026

Image for SpaceX slides as AI spending worries overshadow early returns
Finance

SpaceX slides as AI spending worries overshadow early returns

By Akash Sriram Aug 5 (Reuters) - SpaceX touted faster-than-expected returns from its AI spending on...

5th August, 2026

Image for Exclusive-Under Patel, FBI forges unprecedented law enforcement ties with China, Russia
Finance

Exclusive-Under Patel, FBI forges unprecedented law enforcement ties with China, Russia

By Jana Winter Aug 5 (Reuters) - FBI Director Kash Patel says he has forged new law enforcement part...

5th August, 2026

Image for Russia steps up disinformation before German elections, security sources say
Finance

Russia steps up disinformation before German elections, security sources say

BERLIN, Aug 5 (Reuters) - Russia is intensifying disinformation campaigns in Germany, German securit...

5th August, 2026

Image for UK simplifies IPO rules in bid to revive flagging London listings
Finance

UK simplifies IPO rules in bid to revive flagging London listings

LONDON, Aug 5 (Reuters) - Britain's financial regulator said on Wednesday it was simplifying its lis...

5th August, 2026

Image for FTSE 100 rises, led by Glencore, Next earnings; banks slide
Finance

FTSE 100 rises, led by Glencore, Next earnings; banks slide

Aug 5 (Reuters) - London's FTSE 100 rose on Wednesday, driven by strong results from Glencore and Ne...

5th August, 2026

Image for Hungarians curb power use as record low Danube waters trigger energy crunch
Finance

Hungarians curb power use as record low Danube waters trigger energy crunch

By Krisztina Than BUDAPEST, Aug 5 (Reuters) - Hungarian companies and households have cut their powe...

5th August, 2026