IBT Staff Reporter

Tencent Holdings Ltd plans to raise its stake in French video game group Ubisoft Entertainment SA as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters.

Tencent Holdings Ltd plans to raise its stake in French video game group Ubisoft Entertainment SA as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters.

Bonuses for Wall Street bankers are projected to plunge as much as 45% this year as business dries up.

Seoul says Pelosi DMZ visit sends clear message to North

Turkish exporters are revising down year-end targets in a move that could derail the government's economic plans as new orders drop amid signs of a global slowdown and inflationary pressure.

Bemused tourists granted front row seats to China's latest fire and fury

Novo Nordisk sought to soothe concerns about supplies of its new obesity drug Wegovy on Thursday, saying there was nothing unusual about a slight delay in its availability.

Saudi Arabia, the world's top oil exporter, raised September crude oil prices for Asian buyers to record high levels despite falling refining margins.

Thousands of protesters marched tearfully in the Lebanese capital on Thursday, marking two years since a cataclysmic explosion at the Beirut port, with chants denouncing the government's failure to uncover the truth behind the blast.

Lebanon's top Christian cleric on Thursday denounced his country's government for failing to bring to justice those responsible for the Beirut port blast, marking the huge explosion's second anniversary with demands for accountability.

Analysts expect the Canadian dollar to rally over the coming year, betting the threat of recession will ease as the U.S.

Canadian Natural Resources Ltd on Thursday reported quarterly profit more than doubled and announced a special dividend of C$1.50 a share, as crude prices soared on tighter energy supplies due to the Ukraine conflict.

Iran nuclear talks restart in Vienna

When Susan Mujawa Ananda heard a deaf man had been shot and wounded in Uganda for breaking a curfew during the pandemic his family said he knew nothing about, she resolved to set up an online television channel for deaf people.

The war in Ukraine is the most dangerous moment for Europe since World War Two, and Russia must not be allowed to win, NATO Secretary-General Jens Stoltenberg said on Thursday.

The Japanese yen's rise against the U.S. dollar since mid-July is a temporary shift, nearly two-thirds of currency strategists in a Reuters poll said, despite looming uncertainties over the global economy that have curbed the U.S.

The Japanese yen's rise against the U.S. dollar since mid-July is a temporary shift, nearly two-thirds of currency strategists in a Reuters poll said, despite looming uncertainties over the global economy that have curbed the U.S.

The International Cricket Council (ICC) will make a presentation to the Los Angeles Olympics organisers later this month in its bid for the sport to return to the Games after a gap of 128 years, sources told Reuters.

Italy approved on Thursday a new aid package worth around 17 billion euros ($17.4 billion) to help shield firms and families from surging energy costs and rising consumer prices.

Italy plans to approve on Thursday a new aid package worth around 14.3 billion euros ($14.5 billion) to help shield firms and families from surging energy costs and consumer prices, government officials said.

European shares eked out gains on Thursday as some strong quarterly results lent support, while Britain's FTSE 100 underperformed peers after the UK central bank lifted interest rates by the most since 1995.

European shares rose on Thursday following strong results from a slew of companies, with focus squarely on Britain's central bank that is expected to lift interest rates by the most since 1995.

Ukraine is facing a worsening health emergency as the conflict with Russia rages on, the World Health Organization said, with a combination of burnt-out staff, increased shelling and the approach of winter fuelling the agency's concerns.

Chinese chipmaker Yangtze Memory Technologies Co Ltd (YMTC) on Wednesday announced new memory chip technology that would help it catch up with rivals Micron and SK Hynix, just as Washington considers steeper curbs on Chinese semiconductor companies.

East Africa's economic powerhouse will hold elections on Aug.

Samsung Electronics Co Ltd has scaled back production at its massive smartphone plant in Vietnam, employees say, as retailers and warehouses grapple with rising inventory amid a global fall in consumer spending.

Malaysia is scrambling to protect its assets as the descendants of the last sultan of the remote Philippine region of Sulu look to enforce a $15 billion arbitration award in a dispute over a colonial-era land deal.

Shareholders in Glencore reaped a multi-billion dollar windfall on Thursday, as the company's adherence to thermal coal mining at a time of soaring prices of the material generated record profits for the mining and commodity trading group.

Miner and trader Glencore said on Thursday it would return an additional $4.5 billion to investors, including a share buyback of $3 billion, after reporting a record half-yearly profit mostly due to high coal prices.