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CAIRO, Oct 27 (Reuters) – A court ordered a leading independent Egyptian news site closed on Tuesday after its editor-in-chief was convicted of running the site without a licence and taken into custody pending bail, her lawyers and the outlet said. Lina Attalah of the news site Mada Masr, which has won numerous international awards for its reporting, was fined 3 million Egyptian pounds ($53,400), her lawyers told Reuters. The […]

DUBAI, Oct 27 (Reuters) – Yemen’s Iran-aligned Houthis said on Tuesday they had hit Saudi Arabia’s Ras Tanura oil refinery, the ⁠biggest in the kingdom, with a ballistic missile. The group’s military spokesperson Yahya Saree said the strike had caused a fire at the complex, which also includes a shipping terminal, located on the Gulf, west of the Strait of Hormuz. Saudi authorities did not immediately confirm the strike. Ras […]

Oct 27 (Reuters) – SoFi Technologies shares climbed 9% in premarket trading on Tuesday after the fintech raised its annual revenue forecast and beat Wall Street estimates for third-quarter results on strong demand. Resilient customers have helped keep credit demand steady despite the pressure from higher borrowing and living costs, giving companies room to expand lending and boost interest income. Here are more details: • SoFi’s adjusted net revenue surged […]

BANGKOK, Oct 27 (Reuters) – Thailand’s data centre committee said on Tuesday that it would establish a set of minimum requirements for data centre operators, including standards for location and land use, fuel storage and water management infrastructure as well as an environmental code of practice. • Data centres will be divided into seven tiers based on power demand, the committee said • New data centre applications are expected to […]

BEIJING, Oct 27 (Reuters) – Chinese President Xi Jinping on Tuesday extended condolences to the family of former Japanese Prime Minister Yasuo Fukuda, who died last week, while calling on Japan’s current leadership to “safeguard the political foundation” of ties that have been strained since late last year. Fukuda, who died on Thursday from heart failure at the age of 90, used his brief period in office to seek closer ties with […]

Oct 27 (Reuters) – Private equity giant Advent raised $30 billion across its latest fund complex, the firm said on Tuesday, securing capital for a flagship buyout vehicle and a new mid-market strategy, and defying a sluggish exit market. Here are more details: • Advent raised $27 billion for its 11th global private equity fund, GPE XI, the largest buyout fund closed so far in 2026, the firm said • […]

BRUSSELS, Oct 27 (Reuters) – The European Commission has proposed expanding the headcount and the powers of the joint European Union border police force Frontex to include transfers of migrants between non-EU countries, Commissioners Henna Virkunnen and Magnus Brunner said on Tuesday. Frontex’s standing corps would be gradually expanded to 30,000 officers, with a reaction force able to deploy on short notice in case of emergency, they said. (Reporting by […]

Oct 27 (Reuters) – Hilton Worldwide Holdings missed third-quarter revenue estimate on Tuesday and said US midterm elections and increased impact from the Middle East could affect its fourth-quarter performance, sending its shares down 5% in premarket trading. While steady leisure and business travel demand supported hotel spending across price segments — from budget accommodations to luxury stays — in the reported quarter, the latest US-Iran attacks have injected fresh […]

By Manya Saini Oct 27 (Reuters) – PayPal lifted its annual adjusted profit forecast on Tuesday, as a years-long turnaround starts to bear fruit, with improving margins and resilient consumer spending providing fresh momentum. The company has stepped up efforts to revive growth, most recently under CEO Enrique Lores, as it struggles to sustain its pandemic-era popularity amid intense competition from Apple and Google and newer fintechs. “We are making […]