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LONDON, Aug 18 (Reuters) – Russia warned Britain on Tuesday it would face consequences for supplying drones to Ukraine which are used to attack targets on Russian territory. Russia’s embassy in London was responding to a report in the Times newspaper on Saturday which said British-made drones had been used for long-range strikes against Russia for the first time. “London’s actions will inevitably carry consequences for which it will have […]

By Kyu-seok Shim SEOUL, Aug 18 (Reuters) – U.S. President Donald Trump’s order to scale back joint military drills with South Korea has revived one of the most contentious issues from his first term, underscoring how his deal-focused approach continues to test the more than 70-year-old alliance. Here’s a look at how U.S.-South Korea ties have evolved under Trump. HOW HAS TRUMP’S NORTH KOREA POLICY SHAPED THE ALLIANCE? Trump moved […]

By Jesus Calero Aug 18 (Reuters) – Danish drugmaker LEO Pharma said on Tuesday it had agreed to acquire worldwide rights to drug candidate dersimelagon from Tanabe Pharma for up to $435 million in up-front and near-term milestone payments. As LEO Pharma explores a potential stock-market listing, the deal adds to its efforts to build future growth drivers. The acquisition is part of LEO Pharma’s strategy to expand into treatments […]

By Mahmoud Issa and Nidal al-Mughrabi GAZA/CAIRO, Aug 18 (Reuters) – As children walked into the zoo near Gaza’s Nuseirat refugee camp, they found a lion barely looking back at them through the bars of its cage and chimpanzees sitting listlessly in their enclosure. Many of the animals were malnourished, weakened by shortages of food, medicine and vaccines. But they were still alive, largely thanks to the efforts of zoo […]

By Eduardo Baptista BEIJING, Aug 18 (Reuters) – Chinese robotics startup Lumos Robotics is considering a further fundraising round and aims to begin preparing for a possible stock-market listing next year, its founder said, betting that factory cost savings rather than flashy humanoid demonstrations will determine which companies survive China’s robot boom. Lumos has raised about 1 billion yuan ($147 million) across seven funding rounds, the company said. Founder and CEO […]

Aug 18 (Reuters) – Serena Williams and Venus Williams said they had a good time on their return to doubles action for the first time since 2022, despite suffering an opening round defeat at the Cincinnati Open on Monday. The Williams sisters lost 2-6 6-1 (10-8) to Ukraine’s Marta Kostyuk and American Peyton Stearns, coming back from 6-0 down in the tiebreaker before a double-fault by Venus sealed their fate. […]

By Melanie Burton MELBOURNE, Aug 18 (Reuters) – Glencore could leap into top market indices within six months of listing in Australia as fund managers’ copper appetite may outweigh concerns over thermal coal exposure, analysts and investors said following briefings on the listing. Glencore, the world’s largest thermal coal exporter, plans a secondary listing on the Australian Securities Exchange in October, aiming to tap one of the world’s fastest-growing pools […]

YOGYAKARTA, Indonesia, Aug 18 (Reuters) – An Indonesian court began a trial on Tuesday for 11 daycare staffers alleged to be involved in a high-profile case of abuse against children in their care. Drawing widespread public ire, the daycare centre in the city of Yogyakarta was raided by police in late April, when dozens of children aged 2 to 6 were found with their hands and feet bound together. Some […]

Aug 18 (Reuters) – Mexican petrochemical firm Braskem Idesa, a joint venture of Brazil’s Braskem and Mexico’s Grupo Idesa, filed for Chapter 11 bankruptcy in the U.S. on Tuesday after reaching agreements with creditors and shareholders to cut debt by more than $920 million.  The company said it expects to emerge from its bankruptcy proceedings within 60 to 90 days, adding that its day-to-day operations would continue to operate as […]