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Business

'Small-town kids' shape future of China's consumption

XINXIANG, China (Reuters) - The bright lights of Beijing or Shanghai have never held much allure for Wu Tongxu, a 24-year-old civil servant earning a modest salary in the nondescript city of Xinxiang in China's central Henan province.

Africa

UN staff pension fund mired in 'dirty profits' from firms guilty of rights abuses

Guardian investigation reveals $64bn fund includes investments in companies involved in bribery and major environmental damageThe United Nations is facing calls for a full review of its staff pension fund after the Guardian uncovered that it has around a

Finance

Credit Suisse posts first-quarter profit beat as revamp hits home stretch

ZURICH (Reuters) - Credit Suisse on Wednesday reported a 16.4 percent year-on-year rise in first-quarter net income, its best quarter since Chief Executive Tidjane Thiam launched a three-year...

Business

Ford hopes China easing will speed up Zotye venture approval

BEIJING (Reuters) - Ford Motor Co's Asia head said on Wednesday he hoped recent Chinese moves to relax ownership rules in the country's auto market would speed up regulatory approval for its electric vehicle joint venture with local firm Zotye Automobile

Science

First polar bear born in the tropics dies at 27 in Singapore zoo

SINGAPORE (Reuters) - Singapore on Wednesday mourned the death of the first polar bear born and bred in the tropical island city, put down by wildlife authorities after a five-year battle with health difficulties stemming from old age.

Business

SoftBank to move ride-hailing stakes worth $20 billion to Vision Fund: FT

(Reuters) - Japan's SoftBank Group plans to shift more than $20 billion of its investments in top ride-hailing companies including Uber Technologies Inc [UBER.UL], Ola, Grab and Didi Chuxing into its Saudi-backed Vision technology fund, the Financial Tim

Top News

Trump's travel ban faces Supreme Court reckoning

WASHINGTON (Reuters) - President Donald Trump's administration goes before the U.S. Supreme Court on Wednesday to defend the legality of his travel ban targeting people from several Muslim-majority countries, one of the most contentious actions of his pre

Business

Kobe Steel says under investigation over data tampering scandal

TOKYO (Reuters) - Kobe Steel Ltd said on Wednesday that it is under investigation by Japanese authorities over its data tampering, widening a scandal that undermined faith in Japan's industrial sector last year.

World

Thousands gather for ANZAC Day memorials around world

SYDNEY (Reuters) - Thousands of people attended dawn war memorial services on Wednesday across Australia, New Zealand, Turkey, France and in Thailand to commemorate ANZAC Day, the Gallipoli landings and the centenary of the final year of World War One.

United States

Supreme Court's last argument is over Trump travel ban

The Supreme Court is saving one of its biggest cases for last.

Technology

Reuters Top 100: Europe's Most Innovative Universities – 2018

For the third year running KU Leuven tops Reuters ranking of Europe’s most innovative universities, a list that identifies and ranks the educational institutions doing the most to advance science, invent new technologies and power new markets and indust

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