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By Mike Dolan Aug 13 (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets There were no fireworks in the July consumer inflation report, offering marginal relief to markets wary of an upside surprise. Annual headline and core rates ticked down as expected, although the monthly core price gain was a touch hotter than forecast. I’ll get into that and more below. […]

Aug 13 (Reuters) – JD.com beat quarterly revenue estimates on Thursday, helped by a longer sales period for the annual 618 shopping festival, one of China’s largest online retail events. The e-commerce giant reported a 2.9% decline in total revenue to 346.4 billion yuan ($51.37 billion) in the second quarter ended June, but higher than analysts’ average estimate of 344.6 billion yuan, according to data compiled by LSEG. JD.com’s first […]

Aug 13 (Reuters) – Accelerant said on Thursday that private equity firm Thoma Bravo will take the insurance marketplace private in an all-cash deal worth more than $4 billion. Shareholders of Accelerant will receive $20.25 per share in cash, representing a 49% premium over its previous closing price. The deal, expected to close in the first half of 2027, will end Accelerant’s short stint in public markets after its New […]

By Milana Vinn and Echo Wang NEW YORK, Aug 13 (Reuters) – Vantage Data Centers, a major hyperscale developer and operator, is exploring options including an IPO or sale as soon as next year, according to people familiar with the matter, as AI-driven demand lifts data center valuations and fuels dealmaking. Vantage, backed by private equity firm Silver Lake and infrastructure investor DigitalBridge Group, could raise around $10 billion and […]

JERUSALEM (AP) — The U.S. Ambassador to Israel condemned the actions of Jewish settlers who are besieging the home of an American Palestinian family in the Israeli-occupied West Bank. U.S. Ambassador Mike Huckabee called the siege a “horrific act of terror.” Since Sunday, according to local officials and family members, settlers have gathered near the home in the village of Qusra and harassed those inside, defying efforts by the Israeli […]

PERTH, Australia (AP) — An Australian jury on Thursday convicted a former Catholic bishop renowned for hosting alcohol-fueled house parties of sexually abusing two young Indigenous men. The District Court of Western Australia jury convicted Christopher Saunders, 76, of 13 out of 19 charges of sexual abuse that allegedly occurred between 2008 and 2019 in his sprawling diocese on the country’s tropical northwest coast. Prosecutors alleged he lured young Indigenous […]

WASHINGTON (AP) — Americans overwhelmingly see major benefits to children playing organized sports, a new poll finds, but higher-income families are more likely to participate. Learning teamwork and reducing screen time are among the perceived benefits of youth sports, according to the AP-Ipsos survey. About half of U.S. parents with K-12 school-aged children say their kids play a structured sport, but participation is higher among more affluent families. About 7 […]

LEESBURG, Fla. (AP) — Cyn Doyle is a self-described political cynic. So when David Jolly, the Republican-turned-independent who is now running for Florida governor as a Democrat, swung through this town dotted by lakes and Spanish moss, she had doubts. “How can you assure us,” the 71-year-old pressed, “that you won’t become another John Fetterman?” As the crowd in the clubhouse of a manufactured home community for seniors jeered the […]

HAVANA (AP) — Fidel Castro would have turned 100 on Thursday, and his long shadow continues to loom over the island as he remains revered by some who miss him in the face of a crippling U.S. energy blockade and blamed by others who see him as the architect of the system that led to Cuba’s current crisis. This week, Cuba commemorated Castro with events including the International Book Fair, […]