Drought in England, fires burning in France as heat wave continues

Firefighters from all over Europe help France in the fires of monsters Drought officially declared in parts of England Europe has been hit by successive heat waves SAINT-MAGEN, France (Reuters) – Firefighters from across Europe rushed to the rescue of France on Friday to battle a massive wildfire, while a fire also broke out in … Read more

Yoon from South Korea pardons Jay Y Lee from Samsung for facing the ‘economic crisis’

Samsung heir spent 18 months in prison for bribery Businessmen convicted in scandal that brought down a president South Korea says leaders need help to overcome economic crisis Samsung May Increase Investment With Pardon Analysts SEOUL (Reuters) – South Korean President Yoon Seok-yeol has pardoned Samsung Electronics. (005930.KS) Vice Chairman Jay Y. Lee on Friday, … Read more

SK Hynix to start construction of new wafer packing plant in US early next year – sources

SK Hynix’s corporate logo at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong Ji Register now to get free unlimited access to Reuters.com Register Two people familiar with the matter said South Korea’s SK Hynix aims to pick a US site for its high-end wafer packaging plant and start work there around … Read more

Amid global concern, Ukraine and Russia have traded blame for attacks on nuclear plants

Kyiv warns of a Chernobyl-style catastrophe until the area is secured The 2 sides assist the go to of the nuclear inspectors UN Guterres says any assault on nuclear plant is ‘suicidal’ Two Ukrainian grain ships go away ports, 12 since final week Kyiv (Reuters) – Worldwide concern over the weekend bombing of Ukraine’s Zaporizhzhya … Read more

US labor market defies recession fears as job growth picks up in July

Nonfarm payrolls elevated 528,000 in July The unemployment fee fell to three.5% from 3.6% in June Common hourly earnings are up 0.5%; 5.2% year-over-year enhance Participation fee fell to 62.1% from 62.2% in June WASHINGTON (Reuters) – U.S. job development unexpectedly accelerated in July, elevating employment above its pre-pandemic degree and pouring chilly water on … Read more

Twitter rejects Musk’s claims that he was deceived

Elon Musk’s Twitter profile is seen on a smartphone positioned on the Twitter logos printed on this illustration taken on April 28, 2022. REUTERS/Dado Ruvic/Illustration // File Photograph Register now to get free limitless entry to Reuters.com Register New York (Reuters) – Twitter Inc (TWTR.N) On Thursday, he dismissed Elon Musk’s allegations in a Delaware … Read more

Exclusive: Samsung workers in Vietnam bear the brunt of the slowdown in global electronics demand

Workers make their approach to work at a Samsung manufacturing unit in Tay Nguyen province north of Hanoi, Vietnam on October 13, 2016. REUTERS/RAW Register now to get free limitless entry to Reuters.com Register TAY NGUYEN, Vietnam, Aug 4 (Reuters) – Samsung Electronics has reduce manufacturing at its huge smartphone manufacturing unit in Vietnam, as … Read more

Zelensky says the first grain ship “nothing” and the economy is in a coma

Inspection of a ship carrying grain from Ukraine in Turkey The cargo is the primary of its sort to depart Ukraine in wartime However the Ukrainian chief says extra is required Kyiv urgently must ship 10 million tons to chop the deficit Kyiv/ISTANBUL (Reuters) – Ukrainian President Volodymyr Zelensky denied the importance of his nation’s … Read more

As the US looks to impose new limits on China’s chips, turmoil looms in global markets

Any US export block could have an effect on international chip provide analysts This transfer will hinder Samsung and SK Hynix from upgrading China factories Samsung and SK Hynix collectively present greater than 50% of worldwide NAND chips Constraints may change as future chip factories are constructed – Analyst SEOUL (Reuters) – Export restrictions Washington … Read more

Exclusive: Russian soft drink maker targets 50% of market to fill gap left by Coca-Cola and Pepsi

This content material was produced in Russia the place protection of Russian army operations in Ukraine is restricted by regulation MOSCOW (Reuters) – Because the world’s largest smooth drink makers lower ties with Russia, native producer Chernogolovka goals to seize 50 p.c of the nation’s practically $9 billion market, its boss advised Reuters. The mass … Read more