Reuters - Squid Business

China’s Xi urges missile troops to boost deterrence, combat capabilities

By Antoni Slodkowski BEIJING (Reuters) – Chinese state media reported on Saturday that President Xi Jinping on Thursday inspected a brigade of the People’s Liberation Army’s Rocket Force, urging the troops to boost their “deterrence and combat capabilities”. During the inspection Xi also urged the strategic missile troops to “resolutely fulfil the tasks entrusted by …

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India’s Tech Mahindra beats July-Sept revenue view

By Haripriya Suresh BENGALURU (Reuters) – Indian IT services firm Tech Mahindra on Saturday reported revenue grew more than expected in the three months through September, aided by growth in European and other non-American markets, as well as the banking, financial services, and insurance (BFSI) segment. Revenue rose 3.49% to 133.13 billion rupees ($1.58 billion) …

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India Kotak Mahindra Bank’s quarterly profit misses estimates on higher provisions

MUMBAI (Reuters) – India’s Kotak Mahindra Bank on Saturday reported a lower-than-expected 5% increase in July-September profit on higher loan provisions while lending margins shrank. The private lender’s standalone net profit, excluding subsidiaries, rose to 33.44 billion rupees ($397.8 million) in the second financial quarter from 31.91 billion rupees last year. That was below the …

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Tokyo police arrest man who they say threw Molotov cocktails at LDP HQ

TOKYO (Reuters) – Tokyo police said on Saturday they had arrested a 49-year-old man who threw what appeared to be Molotov cocktails at the headquarters of Japan’s ruling Liberal Democratic Party (LDP) earlier in the day. He also crashed his van into the security fence outside the prime minister’s office, which is close to the …

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Britain’s King Charles gets Australia honorary rank before naval review

SYDNEY (Reuters) – Australia has appointed Britain’s King Charles to the honorary ranks of admiral of the navy, field marshal of the army and marshal of the air force, ahead of a fleet review on Sydney Harbour, Australia’s defence chief said on Saturday. Charles, 75, arrived in Sydney on Friday evening as he makes his …

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Romania detects another drone breaching its territory, ministry says

BUCHAREST (Reuters) – Romania’s radar systems detected a second drone in as many days breaching its national airspace that fighter jets scrambled overnight did not see, the defence ministry said on Saturday. Late on Thursday, army radars detected a small flying object – likely a drone – headed for Constanta before losing the signal. Fighter …

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Warned by police, some of Canada’s Sikhs feel threatened by India

By Anna Mehler Paperny TORONTO (Reuters) -Twice since July 2022, Moninder Singh, spokesperson for a Sikh advocacy group in Canada’s British Columbia province, has had police come to his door in the Vancouver suburb of Surrey. Twice, Singh said, they warned him that he faced an imminent risk of assassination, though they did not say …

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Harris, Trump barnstorm Michigan, spar over who has stamina

By Andrea Shalal and Steve Holland DETROIT/WATERFORD TOWNSHIP, Michigan (Reuters) -Democrat Kamala Harris raised questions about Republican Donald Trump’s physical stamina to serve effectively as president as the two rivals tore through the deadlocked battleground state of Michigan on Friday, with Trump lashing back about the energy he’s shown on the campaign trail. Harris, who …

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Mexico’s navy arrests 23 people in record drugs bust

MEXICO CITY (Reuters) -Mexico’s navy said on Friday it had arrested 23 people in its largest-ever drugs bust, seizing some 8.4 thousand kilograms of illicit cargo in an operation off the country’s southwestern Pacific coast. “This represents the largest quantity of drugs seized in a maritime operation, without precedent in the history of the institution,” …

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Guatemalan journalist Zamora granted house arrest after over two years behind bars

GUATEMALA CITY (Reuters) -A Guatemalan judge on Friday ruled that jailed journalist Jose Zamora can leave prison and be held in house arrest after over 800 days behind bars. Zamora, a well-known journalist who founded the now-defunct elPeriodico newspaper and whose work has criticized successive governments, was arrested in July 2022 on money laundering charges. …

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