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In 2023, Microsoft considered exiting China, where it generated about 1.5% of its global revenue while facing geopolitical risks. The US company has since remained in the market and adopted a new approach to service the Chinese market.#News#Reuters#Newsfeed#microsoft#china#technology
Read the story here: https://reut.rs/4qctueC
Novo Nordisk President and CEO Mike Doustdar discusses the company's collaboration with artificial intelligence to accelerate drug discovery and development.
Global markets gain as softer US inflation reduces expectations for another Federal Reserve rate hike, while investors continue watching the standoff between the US and Iran over the Strait of Hormuz. Talks appear deadlocked, although Pakistan says Washington and Tehran may be moving toward a possible agreement. Hormuz traffic remains below prewar levels, Iran says users must address environmental damage, and President Trump insists the US has "total control" of the strategic waterway.
Asian stocks advance on technology gains and easing rate-hike bets, with South Korea leading the region's tech rally. Tencent shares fall as investors assess rising AI costs despite hopes that WorkBuddy could drive an AI turnaround. Cisco's strong results also fail to impress investors, while Cerebras shares tumble after a weaker growth outlook. Anthropic is reportedly in talks to acquire startup company Decart for $6 billion.
In energy markets, oil prices edge lower after a six-day rally, while the IEA warns of a potential supply squeeze as disruptions worsen. The UAE is using shuttle services to move Iraqi oil exports through Hormuz, while China's changing demand is helping cushion the broader oil market.
In geopolitics, Palestinian officials call for changes to Israel's policies rather than simply a change in leadership. Japan's government is reportedly backing faster BOJ rate hikes, while the yen trades near ¥160 per US dollar amid renewed intervention concerns.
Nigeria is expanding tax incentives to attract $50 billion in deepwater oil investment, while extreme weather disrupts Rhine shipping as record-low water levels threaten Europe's key commercial waterway and Germany's economy. Guests includes Varsen Shahin, Palestinian Authority Foreign Minister, Mahjabeen Zaman, ANZ FX Research Head and June Goh, Senior Oil Market Analyst, Sparta Commodities.
Latest news bulletin | August 13th, 2026 – Morning
Catch up with the most important stories from around Europe and beyond this August 13th, 2026 - latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.
