LONDON, Oct 23 (Reuters) – Shares in Gucci owner Kering dropped 11% on Friday after the group reported further sales declines, but said it would stick with CEO Luca de Meo’s turnaround plan and accelerate store closures, aiming for 125 by year-end. The recovery long…
By Alexander Cornwell and Maayan Lubell JERUSALEM, Oct 23 (Reuters) – Reserved, media-shy, and a relative newcomer to Israeli politics, former military chief Gadi Eisenkot presents a clear contrast to Prime Minister Benjamin Netanyahu, the veteran leader he aims to defeat in an election next…
BEIJING, Oct 23 (Reuters) – Major Chinese AI developers DeepSeek and MiniMax have won state approval for global use of their AI models, according to a post on Thursday on a social media account affiliated with state broadcaster CCTV. • In a separate social media post…
Oct 23 (Reuters) – A Malta-flagged tanker with a cargo of 40,000 metric tons of Russian diesel on board is heading towards New York following an agreement with US President Donald Trump, LSEG data showed on Friday. Russia had agreed to lift a self-imposed ban on…
ATHENS, Oct 23 (Reuters) – Greece’s parliament approved a bill on Friday that bans the use of social media platforms for children under 15 amid growing concerns over their impact on the health and safety of minors. • The ban comes into force on January…
WUHU, China, Oct 23 (Reuters) – Chery expects more than half of the vehicles it exports to be made overseas by the end of this year, with the share rising to 60% next year and 70% by 2030, Executive Vice President Zhang Guibing said on…
By Aditya Kalra NEW DELHI, Oct 23 (Reuters) – Subscriptions for Indian billionaire Mukesh Ambani’s first IPO in two decades surged further on the final day of bidding on Friday, as investors bet on Jio Platforms’ $3.2 billion offering to tap into the nation’s telecom…
By Yimou Lee and Ben Blanchard TAIPEI, Oct 23 (Reuters) – China is combining militia vessels with coast guard ships to expand “battlefield preparation” around Taiwan and into the western Pacific, Taiwan’s Coast Guard said, warning the operations were also putting pressure on Japan and the…
BEIJING, Oct 23 (Reuters) – China’s ruling Communist Party will gather some 300 of its highest-ranking members next week to discuss tightening discipline among its ranks, a conclave analysts say could be the last major party gathering before its 2027 leadership reshuffle. Although experts widely…
Oct 23 (Reuters) – OpenAI said on Friday it would collaborate with Poland’s NASK National Research Institute on AI safety, security and technical research, as rising incidents of rogue behaviour by AI agents put AI safety in the spotlight. • Through the agreement, NASK’s AI Safety…
