By Ananya Mariam Rajesh (Reuters) -Target cut its full-year sales and profit expectations even as its quarterly profit exceeded Wall Street estimates on Wednesday, benefiting from fewer discounts and better stocked store shelves. The retailer’s second-quarter sales, however, dropped 5%, partly due to the fallout of a backlash against its Pride merchandise in May. Target…
By Neil Jerome Morales MANILA (Reuters) – The Philippines’ gambling industry is set to double its gross gaming revenue by 2028, as the country attracts more tourists such as wealthy Chinese gamblers, the gaming regulator’s chief said on Wednesday. At least six new casino facilities worth roughly around $3 billion are in the pipeline to…
By Pavel Polityuk KYIV (Reuters) -Ukraine said Russia had attacked its grain storage facilities overnight, but a container ship left the Black Sea port of Odesa on Wednesday despite Moscow’s threat to target shipping after it abandoned an export deal. In the Russian capital, five sources said authorities were considering reimposing stringent capital controls as…
JAKARTA (Reuters) -Indonesia is to allocate 40.6 trillion rupiah ($2.7 billion) to the construction of its new capital city in its 2024 budget and the presidential office and a dozen apartment blocks for workers should be completed next year, ministers said on Wednesday. The Southeast Asian nation announced in 2019 that it would build a…
By Jorge Garcia and Sandra Stojanovic LAHAINA, Hawaii (Reuters) -A week after wildfire ravaged the resort town of Lahaina, traumatized Maui residents have grown weary from living off relief supplies while many are kept from inspecting their homes and still left awaiting news about their missing loved one. The inferno killed at least 106 people…
WASHINGTON (Reuters) – U.S. President Joe Biden and first lady Jill Biden will travel to Hawaii on Monday to survey damage from the deadly wildfires that ravaged the resort town of Lahaina, the White House said. Biden will meet with first responders and survivors, as well as federal, state and local officials, the White House…
By Jonathan Spicer and Ece Toksabay ISTANBUL (Reuters) – Russia’s raid on a ship just off Turkey’s coast brings the fallout from the Ukraine war to another NATO frontier and raises the stakes as Ankara seeks to coax Moscow back to a grain-export deal that would restore some calm to the Black Sea. Armed marines…
(Reuters) – The indictment of former U.S. President Donald Trump and 18 others in Georgia includes charges against three alleged co-conspirators related to the harassment of election workers. The involvement of the trio – Trevian Kutti, Harrison Floyd and Stephen Cliffgard Lee – in efforts to keep Trump in power was first revealed by Reuters…
(Reuters) – Canadian housing starts slipped by 10% in July compared with the previous month, which had produced the strongest figures in ten years, data from the national housing agency showed on Wednesday. The seasonally adjusted annualized rate of housing starts fell to 254,966 units in July from a revised 283,498 units in June, the…
By Andy Bruce and William Schomberg LONDON (Reuters) -Worries about persistently high inflation in Britain grew on Wednesday as key measures of price growth monitored by the Bank of England failed to ease in July, despite a sharp drop in the headline inflation rate. The annual consumer price inflation rate cooled to 6.8% from June’s…
