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GoTo reports narrower quarterly loss

  Bloomberg GoTo Group reported a narrower third-quarter loss, helped by cost cuts at the Indonesian ride-hailing and e-commerce giant. The adjusted loss before interest, taxes, depreciation and amortization shrank to 3.7 trillion rupiah ($235 million) from 4.2 trillion rupiah a year earlier, the Jakarta-based company said Monday. Net revenue, which strips out incentives to driver and merchant partners and ...

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US, China defense chiefs likely to meet in sign of thawing ties

Bloomberg The US and Chinese defense chiefs are likely to meet for their first talks since Beijing suspended dialog with Washington over House Speaker Nancy Pelosi’s August visit to Taiwan —the latest sign that ties between the two nations are stabilizing. US Defense Secretary Lloyd Austin would welcome a meeting with Chinese Defense Minister Wei Fenghe during a gathering of ...

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Kurdish militants kill three in Turkey in attack from Syria

Bloomberg Separatist Kurdish militants in Syria launched a cross-border mortar attack on a Turkish border town, killing at least three people including a school teacher, authorities said. Violence between Kurdish militants and Turkey is spiraling after Turkish warplanes bombed bases of outlawed Kurdish PKK group in northern Iraq and affiliated US-backed Kurdish fighters in Syria in retaliation for a deadly ...

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