Pandora shares drop after weak guidance - Reuters

FILE PHOTO: A general view of the Pandora shop in Riga, Latvia Febuary 4, 2020. REUTERS/Ints Kalnins

COPENHAGEN (Reuters) - Shares in Pandora ( PNDORA.CO ) fell 7% on Tuesday after the jewellery maker said it expected sales to decline this year by up to one-fifth, despite having reopened nearly all its stores.

Pandora said late on Monday it expected stronger sales in the second half of the year compared with the first six months, despite having to close some shops


Under-fire Williamson defends government over exams fiasco - Reuters UK

LONDON (Reuters) - Britain’s education minister tried on Tuesday to defend a U-turn over a school exam grading system used to replace cancelled tests, which opponents said was another example of the government’s incompetent handling of the COVID-19 pandemic.

FILE PHOTO: Britain's Education Secretary Gavin Williamson is seen at Downing Street in London, Britain, December 17, 2019. REUTERS/Hannah McKay/File Photo

On Monday, the government ditched a mathematical model used to assess


Ligue 1 opener postponed after Marseille report four COVID-19 cases - Reuters India

PARIS (Reuters) - Ligue 1’s opening match of the new season has been postponed from Friday night after Olympique de Marseille said they had confirmed four cases of COVID-19, French professional soccer’s governing body the LFP said on Tuesday.

“In view of medical results passed on by Olympique Marseille (...) the LFP has decided to postpone the Olympique de Marseille/AS Saint-Etienne game to Sept 16 or Sept 17”, the LFP said in statement.

The game


Japan's low jobless rate masks deepening worker despair - Reuters Canada

TOKYO (Reuters) - Japan’s low unemployment rate on paper suggests an economy weathering the coronavirus reasonably well, but official figures belie worsening prospects for the country’s army of temporary workers, who make up about 40% of the jobs market.

FILE PHOTO: Markers for social distancing are seen in an elevator as staff members wearing protective masks and face shields prepare Nihombashi Takashimaya Shopping Center as it partially reopens to customers amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 1

Norway wealth fund sees turbulent times ahead on financial markets - Reuters

OSLO (Reuters) - Norway’s $1.15 trillion wealth fund expects more turmoil on financial markets as the world continues to fight the COVID-19 pandemic, a top fund official said on Tuesday, after it posted a 188-billion-crown loss ($21 billion) in the first half of 2020.

The deputy CEO of the Norwegian sovereign wealth fund Trond Grande speaks at a news conference at the Norwegian central bank in Oslo, Norway August 18,

'Impossible' that Beirut port blast was caused by Hezbollah arms, says president - Reuters Canada

ROME (Reuters) - Lebanese President Michel Aoun dismissed as “impossible” the chance that a vast explosion in Beirut’s port this month was caused by a blast from a deposit of Hezbollah arms, but said that all possibilities would be investigated.

FILE PHOTO: Lebanon's President Michel Aoun delivers a speech at the presidential palace in Baabda, Lebanon, June 25, 2020. REUTERS/Mohamed Azakir

Lebanese authorities are probing what caused massive amounts of ammonium nitrate warehoused unsafely for years at the port


Indian court refuses to allow reopening of Vedanta's copper smelter - Reuters

CHENNAI (Reuters) - An Indian court on Tuesday refused to allow the reopening of Vedanta’s south Indian copper smelter, more than two years after it was closed because of pollution concerns that triggered violent protests.

FILE PHOTO: Demonstrators shout slogans during a protest, after at least 13 people were killed when police fired on protesters seeking closure of plant on environmental grounds in town of Thoothukudi in southern state of Tamil Nadu, in Chennai, India, May 24, 2018. REUTERS/P.

Tech-fuelled 'everything's awesome' rally looks unstoppable - Reuters

LONDON (Reuters) - Today’s $72 trillion question for investors: To buy or not to buy into the global equities rally? Notwithstanding inflated share prices, politics and the pandemic, the answer from many is a resounding “yes.”

FILE PHOTO: Apple logo is seen on the Apple store at The Marche Saint Germain in Paris, France July 15, 2020. REUTERS/Gonzalo Fuentes

That’s not just because unprecedented stimulus - $20 trillion and counting - is forcing

Continue reading...

Indonesia posts largest trade surplus in 9 years in July - Reuters India

JAKARTA (Reuters) - Indonesia posted its biggest trade surplus in nine years in July, as exports improved while domestic demand for imports remained subdued amid the coronavirus pandemic, data from the statistics bureau showed on Tuesday.

A worker tracks shipping containers in Tanjung Priok port in North Jakarta, Indonesia December 15, 2015. REUTERS/Darren Whiteside/Files

Southeast Asia’s largest economy reported a $3.26 billion surplus in July, the bureau said, the biggest since August, 201


New U.S. curbs to slam Huawei, hurt suppliers in short term - Reuters

SHANGHAI/SEOUL (Reuters) - Ramped-up U.S. restrictions on Huawei are likely to choke the Chinese company’s access to even off-the-shelf chips, threaten its crown as the world’s largest smartphone maker and disrupt global tech supply, executives and experts warned.

FILE PHOTO: A Huawei sign is seen outside its store at a shopping complex in Beijing, China July 14, 2020. REUTERS/Tingshu Wang

The Trump administration expanded its curbs on Huawei on Monday