Alibaba beats estimates as pandemic fuels online, cloud computing demand - Reuters

(Reuters) - China’s Alibaba Group Holding Ltd ( BABA.N ) beat quarterly revenue and profit estimates on Thursday, as its core commerce and cloud computing businesses continued to grow following China’s emergence from the coronavirus lockdown.

Sales from the commerce business alone jumped 34% to 133.32 billion yuan ($19.27 billion) in the quarter ending in June, slightly slower than a year earlier but still enough to prod its shares higher after the results.

The


Chile lithium producer SQM posts record sales, profits plagued by low prices - Reuters

SANTIAGO (Reuters) - Chilean miner SQM ( SQMB.SN ) achieved record second-quarter sales of lithium even as low prices ravaged profits, the world’s No. 2 producer of the metal used in electric car batteries said on Wednesday.

FILE PHOTO: An aerial view shows the brine pools of SQM lithium mine on the Atacama salt flat in the Atacama desert of northern Chile, January 10, 2013. REUTERS/Ivan Alvarado/File Photo

SQM said it sold more than 12,


S&P 500 rises as tech gains offset weak U.S. data - Reuters

NEW YORK (Reuters) - Nasdaq ended at a record high on Thursday, with the S&P 500 and Dow also rising, as gains in heavyweight tech stocks outweighed downbeat data that affirmed the Federal Reserve’s view of a difficult road to economic recovery.

FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York City, New York, U.S., June 26, 2020. REUTERS/Brendan McDermid

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Wall Street slips as jobless claims climb back to one million - Reuters

NEW YORK (Reuters) - Nasdaq ended at a record high on Thursday, with the S&P 500 and Dow also rising, as gains in heavyweight tech stocks outweighed downbeat data that affirmed the Federal Reserve’s view of a difficult road to economic recovery.

FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York City, New York, U.S., June 26, 2020. REUTERS/Brendan McDermid

Gains in Apple Inc


Breakingviews - Corona Capital: EQT, Australia, Defaults, Drugs - Reuters

NEW YORK/LONDON/MUMBAI (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. REUTERS/Tyrone Siu

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ECB confirm revised start times for England-Pakistan third Test - Reuters UK

FILE PHOTO: Cricket - Second Test - England v Pakistan - Ageas Bowl, Southampton, Britain - August 17, 2020 General view during the match, as play resumes behind closed doors following the outbreak of the coronavirus disease (COVID-19) Glyn Kirk/Pool via REUTERS

(Reuters) - The third Test between England and Pakistan that begins on Friday at the Ageas Bowl will feature revised playing timings to accommodate for poor weather conditions, the England and Wales Cricket Board (ECB) said on


After half-century in politics, Joe Biden to accept Democratic presidential nomination - Reuters

WASHINGTON (Reuters) - Joe Biden will speak directly to Americans about his plan to unite a country battered by the coronavirus pandemic and economic misery on Thursday as he accepts the Democratic nomination to challenge President Donald Trump in the Nov. 3 U.S. election.

FILE PHOTO: Joe Biden celebrates after being formally nominated as 2020 U.S. Democratic presidential candidate in convention roll call during the virtual 2020 Democratic National Convention as participants from across the country are hosted over video links from the
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Alaska’s salmon are shrinking, and climate change may be to blame - reuters.com

ANCHORAGE, Alaska (Reuters) - Alaska’s highly prized salmon - a favorite of seafood lovers the world over - are getting smaller, and climate change is a suspected culprit, a new study reported, documenting a trend that may pose a risk to a valuable fishery, indigenous people and wildlife.

One additional year in the ocean makes a big difference in the size of salmon, as seen in these two female sockeye salmon from Pick Creek, Alaska, in this undated handout photo. The top salmon spent three years

India's silver imports could tumble as scrap supplies surge, importers say - Reuters India

MUMBAI (Reuters) - India’s silver imports are likely to fall by more than 40 percent from a year ago to the lowest level in eight years, with investors booking profit by selling stocks after local prices rallied to a record high this month, leading importers said.

FILE PHOTO: A silver trader displays silver ornaments inside his shop in Ahmedabad April 27, 2011. REUTERS/Amit Dave

Lower imports by the world’s biggest silver consumer could weigh on global prices that have risen more


Germany issues travel warning for parts of Croatia - Reuters

BERLIN (Reuters) - Germany issued a warning against travel to parts of Croatia on Thursday as Europe’s largest economy battles to contain a rising number of coronavirus cases during the summer season.

The German foreign ministry advised against travel to the regions of Sibenik-Knin and Split Dalmatia, which are popular with tourists, after the public health agency declared them coronavirus risk regions, making tests for returnees mandatory.

The number of new cases in Germany has been rising steadily since early July and has accelerated in recent weeks. On