NEW DELHI (Reuters) – India’s government plans to promote the manufacturing of selected products, especially lines in which China enjoys a big share in the global market, as part of efforts to reduce imports and push exports, a cabinet minister said on Monday.... More »
LONDON (Reuters) – European shares rose on Monday as industrial activity in China gained strength, another sign of recovery from the coronavirus pandemic that added to hopes the global economy would also return to health. The broader Euro STOXX 600 rose 0.6%, ... More »
Minnesota’s Randy Dobnak and Milwaukee’s Adrian Houser might not necessarily be household names throughout the big leagues, but they happen to be two of the better pitchers on the young 2020 season. Dobnak’s task is clear: Help the struggling Twins avoid a fif... More »
JAKARTA (Reuters) – Indonesia reported 1,687 new coronavirus cases on Monday, bringing its total to 127,083, data from government’s COVID-19 task force showed. The Southeast Asian country also added 42 new deaths, taking that total to 5,765, data showed. Sourc... More »
The Colorado Rockies are heading home after a loss, but hardly hanging their heads. Despite Sunday’s 5-3 loss at the Seattle Mariners, Colorado is 11-4 and off to its best 15-game start since 2013. The club has won all five series it has played this season. Th... More »
KABUL (Reuters) – Long-awaited peace negotiations between the Afghan government and the Taliban were expected to start in Qatar within a week once the final batch of Taliban prisoners were released, the U.S. special envoy and Afghan government sources said on ... More »
DeMar DeRozan scored 27 points and the San Antonio Spurs kept their playoff hopes alive with a 122-113 victory over the New Orleans Pelicans on Sunday afternoon near Orlando. The Spurs (31-38) improved to 4-2 during the restart and stayed in the thick of the t... More »
LONDON (Reuters) – The dollar rose in early London trading on Monday, including versus the euro and Swiss franc, with investors focusing on fiscal stimulus in the United States and U.S.-China tensions ahead of key trade talks on August 15. After talks in Washi... More »
Marc Gasol capped a key third-quarter run with a 3-pointer in his first game against his longtime employer and the Toronto Raptors clinched the No. 2 seed in the Eastern Conference with a 108-99 victory over the Memphis Grizzlies on Sunday near Orlando. Gasol ... More »
The Tampa Bay Rays hope their second road trip of the season turns out better than the first. The Rays open a 10-game trip Monday, starting with a four-game series against the Boston Red Sox. The Rays went 0-5 on their first trip of the season, which took them... More »
Having been swept soundly by the visiting Atlanta Braves in a doubleheader by a combined score of 13-2 on Sunday, the Philadelphia Phillies will turn to ace Aaron Nola to reverse fortune in the finale of a four-game series on Monday. Nola, who’s 0-1 with a 3.9... More »
(Reuters) – Surging COVID-19 infections in big states like California, Texas and Florida are scaring shoppers away from newly reopened malls, dealing a blow to an industry that was on the ropes even before the pandemic began. Simon Property Group (SPG.N), the ... More »
MOSCOW (Reuters) – Russian authorities confirmed 5,118 new cases of the novel coronavirus on Monday, pushing the national case tally to 892,654, the fourth largest in the world. The official death toll rose to 15,001 after authorities said in their daily coron... More »
CAIRO (Reuters) – Egypt’s annual urban consumer price inflation fell to 4.2% in July from 5.6% in June, the central statistics agency CAPMAS said on Monday. Month on month inflation increased to 0.4% in July from 0.1% in June mainly on the back of an increase ... More »
LONDON (Reuters) – BP (BP.L) will need to invest tens of billions of dollars over the next decade and may have to accept lower returns than it can get from oil if it is to meet its target of becoming one of the world’s largest renewable power generators. The B... More »
SYDNEY (Reuters) – Australia recorded its biggest one-day rise in COVID-19 deaths on Monday although a slowdown in new cases gave hope that a second wave of new infections in the state of Victoria may have peaked. Nineteen people had died from the virus, all i... More »
SYDNEY (Reuters) – Australian companies are likely to deliver smaller dividends in what is forecast to be the country’s worst earnings season in a decade because of the coronavirus pandemic, with even firms that benefited from the upheaval expected to show cau... More »
DUBAI (Reuters) – State oil giant Saudi Aramco’s profit plunged 73% in the second quarter of the year, as a slump in energy demand and prices due to the coronavirus crisis hit sales at the world’s biggest oil exporter. But the company stuck with plans to pay $... More »
BEIJING (Reuters) – China’s factory deflation eased in July, driven by a rise in global oil prices and as industrial activity climbed back towards pre-coronavirus levels, adding to signs of recovery in the world’s second-largest economy. The producer price ind... More »
BERLIN (Reuters) – The number of confirmed coronavirus cases in Germany increased by 436 to 216,327, data from the Robert Koch Institute (RKI) for infectious diseases showed on Monday. The reported death toll rose by one to 9,197, the tally showed. Source: htt... More »
(Reuters) – Korean automaker Hyundai Motor Co (005380.KS) is creating a family of electric vehicles it will sell under the Ioniq brand as part of its drive to become the world’s third-largest seller of EVs by 2025, the company said on Sunday. Hyundai said the ... More »
SEOUL (Reuters) – Hyundai Motor Co (005380.KS) stock jumped as much as 10.2% on Monday to its highest price since May 2018, after the automaker said it would create a family of Ioniq-brand electric vehicles (EVs) as it aims to become the third-largest EV maker... More »
SHANGHAI (Reuters) – China reported on Monday 49 new coronavirus cases in the mainland for August 9, compared with 23 cases a day earlier, the health authority said. The National Health Commission said in a statement 35 of the new infections were imported case... More »
MEXICO CITY (Reuters) – Mexico’s health ministry reported on Sunday 4,376 new confirmed coronavirus infections and 292 additional fatalities, bringing the total in the country to 480,278 cases and 52,298 deaths. Officials have said the real number of infected ... More »
NEW YORK (Reuters) – The United States should implement another support package to ensure workers can stay safely at home while the novel coronavirus continues to spread, Chicago Fed President Charles Evans said in an interview with CBS News released on Sunday... More »
(Reuters) – Brazil reported 23,010 new cases of the novel coronavirus and 572 deaths from the disease caused by the virus in the past 24 hours, the health ministry said on Sunday. Brazil has registered 3,035,422 cases of the virus since the pandemic began, and... More »
(Reuters) – The UK’s official COVID-19 daily death count could be scrapped following an investigation into Public Health England’s method of counting the toll, The Telegraph newspaper reported. The conclusions of the investigation, which was ordered by Health ... More »
WASHINGTON (Reuters) – Chinese government-linked hackers have been targeting U.S. election infrastructure ahead of the 2020 presidential election, White House National Security Adviser Robert O’Brien said on Sunday, indicating a more active level of alleged Ch... More »
NEW DELHI (Reuters) – India’s plan to regulate “non-personal” data has jolted U.S. tech giants Amazon, Facebook and Google, and a group representing them is preparing to push back against the proposals, according to sources and a letter seen by Reuters. A gove... More »
(Reuters) – Barclays Plc (BARC.L) is being probed by the United Kingdom’s privacy watchdog, the Information Commissioner’s Office (ICO), over allegations that the British bank spied on its staff, the agency said on Sunday. Earlier this year, Barclays said it w... More »
DUBAI (Reuters) – Saudi information security company Elm is to acquire digital services company Tabadul from Saudi Arabia’s sovereign wealth fund, Elm said in a statement on Sunday. The Public Investment Fund (PIF) also owns Elm and was considering an initial ... More »
KYIV (Reuters) – Ukrainian President Volodymyr Zelenskiy said on Saturday that it was a matter of Ukraine’s national security to stay out of U.S. internal politics, particularly its election. “#Ukraine did not and will not allow itself to interfere in the elec... More »
(Reuters) – U.S. President Donald Trump said on Saturday he is signing an executive order providing a payroll tax holiday for Americans earning less than $100,000 a year. Speaking to reporters in Bedminster, New Jersey, Trump said the tax holiday would be effe... More »
NEW DELHI (Reuters) – Indian food delivery company Zomato said on Saturday it would give female employees up to 10 days of “period leave” per year, as part of an effort to combat what it said was stigma around the issue. Zomato is the most high profile organis... More »
LOS ANGELES (Reuters) – Looking for a new way to communicate during the pandemic? A Los Angeles company has created phone booth-sized machines to beam live holograms into your living room. The device made by PORTL Inc lets users talk in real time with a life-s... More »
SHANGHAI/SHENZHEN, China (Reuters) – Huawei Technologies Co [HWT.UL] will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of U.S. pressure on the Chinese tech giant grows. U.S. pressure on Huawei’s ... More »
WASHINGTON/BEDMINSTER, N.J. (Reuters) – U.S. President Donald Trump vowed to unilaterally suspend payroll taxes and extend expired coronavirus unemployment benefits after negotiations with congressional Democrats on a broad pandemic aid package collapsed on Fr... More »
LOS ANGELES (Reuters) – MTV has abandoned the idea of holding its Video Music Awards show at an indoor venue in New York because of the complications of the coronavirus epidemic. The VMA show on Aug. 30, which traditionally features live performances from musi... More »
LONDON (Reuters) – British broadcaster ITV will this year hold its reality TV show “I’m A Celebrity … Get Me Out of Here” in a ruined English castle in winter instead of the heat of the Australian jungle, as COVID-19 restrictions make global travel all but imp... More »
LONDON (Reuters) – Palmerston, the cat who has lived at the Foreign Office for four and a half years, will trade in his London residence for retirement in the countryside, where his mouse-catching duties for the diplomats will come to an end. Writing to the mo... More »
(Reuters) – AMC Entertainment Holdings Inc said on Thursday it expects all its international theaters to resume operations in the next two to three weeks, while two-thirds or more of its U.S. theaters are set to reopen later this month. Movie theaters across t... More »
(Reuters) – Grammy Award-winning producer Detail, who once worked with Beyonce, has been charged with raping five women and sexually assaulting a sixth, the Los Angeles District Attorney’s office said on Thursday. Detail, whose birth name is Noel Fisher, was c... More »
LOS ANGELES (Reuters) – Jennifer Grey, the actress who starred opposite Patrick Swayze in romantic drama “Dirty Dancing,” will appear in a sequel to the classic 1987 movie, the studio behind the film announced on Thursday. Grey also will serve as an executive ... More »
(Reuters) – Gwyneth Paltrow says deciding to split with her first husband Chris Martin was painful enough, but nothing could have prepared her for the public mockery that greeted the announcement of their “conscious uncoupling.” That was the phrase used by the... More »
LOS ANGELES (Reuters) – Grammy-winning R&B star Lizzo has signed a deal to produce television programming for Amazon.com Inc’s Prime Video streaming service, the singer announced on Thursday. The 32-year-old singer of “Good as Hell” and “Juice” had a breakout ... More »
LONDON (Reuters) – Misan Harriman hopes to encourage employers to cast the recruitment net more widely with his Vogue cover portrait of influential Black activists in place of the usual pouting stars. Footballer Marcus Rashford, who helped force a UK governmen... More »
LOS ANGELES (Reuters) – Singer-actress Selena Gomez has been cooking up a storm during the coronavirus lockdown and is now ready to share her hilarious and sometimes embarrassing efforts with the rest of the world. “Selena + Chef,” a 10-episode unscripted seri... More »
(Reuters) – Eleven years after the sudden death of actress Natasha Richardson, her husband Liam Neeson and their son have found renewed healing in their first film together, “Made in Italy.” “Reading the script was like, what? This is so weird. Like, surely Mo... More »
(Reuters) – The following is a brief roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus. Convalescent plasma lowers COVID-19 death risk Infusions o... More »
SYDNEY (Reuters) – As countries scramble to test for the novel coronavirus, a Chinese company has become a go-to name around the world. BGI Group, described in one 2015 study as “Goliath” in the fast-growing field of genomics research, is using an opening crea... More »
DUBAI (Reuters) – Abu Dhabi state defence and security entity Tawazun is to build a satellite assembly, integration and testing centre with Airbus in the United Arab Emirates’ oasis city of Al Ain, state news agency WAM reported on Wednesday. The centre also i... More »
(Reuters) – U.S. astronauts Bob Behnken and Doug Hurley, home two days from a landmark mission as NASA’s first crew to fly a privately built vehicle into orbit, recounted on Tuesday the loud, jarring ride they experienced through Earth’s atmosphere before a sa... More »
WASHINGTON (Reuters) – When scientists first unearthed fossils of a horned dinosaur called Centrosaurus in the badlands of Dinosaur Provincial Park in Canada’s Alberta province in 1989, they spotted a badly malformed leg bone they figured was a healed fracture... More »
(Reuters) – Billionaire Richard Branson will fly into space on a Virgin Galactic rocketship early next year, the space tourism company he founded said on Monday, adding that it would raise new funds with a share offering. Branson’s trip to space hinges on the ... More »
JALALABAD, Afghanistan (Reuters) – Afghan security forces laid siege to a prison seized by Islamic State fighters in the eastern city of Jalalabad on Monday, with at least 29 people killed after the militants’ overnight assault led to a mass jailbreak. More th... More »
MILAN (Reuters) – Two years after part of Genoa’s Morandi motorway bridge collapsed, killing 43 people, a new structure opens in its place on Monday, an achievement in stark contrast to stalled infrastructure projects elsewhere in Italy. The new kilometre-long... More »
LONDON (Reuters) – Oil prices steadied on Monday, pressured by rising COVID-19 cases around the globe and by oversupply worries as OPEC and its allies are set to wind back output cuts in August, but supported by positive industry data in Europe and Asia. Brent... More »
NEW YORK (Reuters) – Late in March, Laura Gross, 72, was recovering from gall bladder surgery in her Fort Lee, New Jersey, home when she became sick again. Her throat, head and eyes hurt, her muscles and joints ached and she felt like she was in a fog. Her dia... More »
MEXICO CITY (Reuters) – Mexican schools will not reopen when the academic year begins on August 24 in order to safeguard the health of students and teachers because cases of coronavirus are still too high, education minister Esteban Moctezuma said on Monday. T... More »
MILAN (Reuters) – Luxury carmaker Ferrari (RACE.MI) trimmed its full-year earnings forecast on Monday after second-quarter income plunged due to supply chain and production disruptions due to the coronavirus pandemic. The company known as the ‘Prancing Horse’ ... More »
BEIJING/HONG KONG (Reuters) – A potential shotgun wedding to Microsoft Corp (MSFT.O) for TikTok’s U.S. operations provoked an outcry on Monday on Chinese social media as well as criticism from a prominent Chinese investor in TikTok owner ByteDance. The U.S. te... More »
BOSTON/CHICAGO, August 3 (Reuters) – A decline in U.S. Treasury yields over recent weeks has investors eyeing the approach of an unusual phenomenon – the entire U.S. yield curve sinking below 1%. Policymakers are looking to position the country to recover once... More »
COPENHAGEN (Reuters) – Denmark’s staging of the Tour de France’s start, known as the ‘Grand Depart’, has been pushed back a year to 2022, Danish organisers said in a statement on Monday. The Danish organisation charged with planning the start of the Tour de Fr... More »
BANGKOK (Reuters) – Flash floods killed at least two people and swept through hundreds of houses in northern Thailand, authorities said after tropical storm Sinlaku dumped heavy rains on 18 provinces over the weekend. Muddy, waist-high waters poured into homes... More »
LONDON (Reuters) – The location of TikTok owner ByteDance’s headquarters is a commercial decision for the company to make, a spokesman for British Prime Minister Boris Johnson said on Monday, responding to a report that the firm could move to London. “It would... More »
(Reuters) – Alphabet Inc’s (GOOGL.O) Google is buying a 6.6% stake in home security firm ADT Inc (ADT.N) for $450 million in a deal that will allow it to provide service to customers of its Nest home security devices. ADT said on Monday the companies will work... More »
KABUL (Reuters) – More than 300 prisoners were at large on Monday after an attack by Islamic State on an Afghan prison, the governor’s spokesman said on Monday, as clashes continued between prisoners and security forces. The assault began on Sunday night on th... More »
RIO DE JANEIRO (Reuters) – Brazil’s central bank said on Monday that tests had begun to trial payments via Facebook Inc’s messaging service WhatsApp in the country, calling them an “important advance.” In a statement, the bank said that the tests involve no re... More »
LONDON (Reuters) – World stocks and the dollar rallied after a cautious European morning as thin summer trading led to sharp swings in the market, and worries about U.S. gridlock over the next round of coronavirus aid eased. In Europe, stocks were up 1.2% as t... More »
PARIS (Reuters) – Healthcare company Sanofi Aventis France said it had been placed under formal investigation on charges of manslaughter over Depakine, which is an epilepsy drug that caused birth malfunctions and slow neurological development when taken during... More »
BEIRUT (Reuters) – Lebanese Foreign Minister Nassif Hitti resigned on Monday, blaming a lack of political will to enact reforms to halt a financial meltdown which he warned could turn Lebanon into a failed state. Foreign donors have made clear there will be no... More »
DES MOINES, Iowa (Reuters) – After years of being part of a future that never quite arrived, the coronavirus pandemic has put U.S. online car sellers on the map. Now comes a race to spend vast sums on digital commerce platforms specifically designed to handle ... More »
BELFAST (Reuters) – John Hume, a key Roman Catholic architect of Northern Ireland’s 1998 Good Friday peace agreement who won the Nobel Peace Prize for his role in ending 30 years of sectarian violence, died on Monday at the age of 83, his SDLP party said. Hume... More »
HANOI (Reuters) – Vietnam is in the midst of a “decisive” fight against the novel coronavirus, its premier said on Monday, focusing on the city of Danang where infections have appeared in four factories with a combined workforce of 3,700. Vietnam, widely prais... More »
LONDON (Reuters) – Irish peacemaker John Hume was a “political giant” who did so much to help bring an end to the Troubles in Northern Ireland, British Prime Minister Boris Johnson said on Monday. Hume, a key Roman Catholic architect of Northern Ireland’s 1998... More »
GENEVA (Reuters) – The World Health Organization warned on Monday that, despite strong hopes for a vaccine, there might never be a “silver bullet” for COVID-19, and the road to normality would be long. More than 18.14 million people around the world are report... More »
HANOI (Reuters) – Vietnam has no plans for a widespread lockdown and will only put areas considered epicentres under strict quarantine, the government’s spokesperson said on Monday. “We will only implement social distancing in areas considered virus epicentres... More »
(Reuters) – Lordstown Motors has agreed to go public through a merger with blank-check company DiamondPeak Holdings in a deal that values the electric pickup truck start-up at pro forma equity value of $1.6 billion, the companies said on Monday. The combined c... More »
(Reuters) – Players need assurance that they would not face mandatory quarantine upon returning to Europe from the U.S. Open before travelling to New York amid the COVID-19 pandemic, former world number one Andy Murray has said. Organisers United States Tennis... More »
HANOI (Reuters) – Vietnam reported 21 more novel coronavirus infections late on Monday, bringing the total number of cases in the country to 642. All of the new cases are linked to Danang, the new coronavirus epicentre where Vietnam more than a week ago detect... More »
NEW YORK (Reuters) – Chipotle Mexican Grill Inc wants to hire another 10,000 employees in coming months as its sales rebound, an official said, one of several big restaurant chains looking to add staff in an economy otherwise dimmed by the coronavirus pandemic... More »
HONG KONG (Reuters) – Hong Kong reported 80 new coronavirus cases on Monday, dropping below 100 infections for the first time in 12 days, as a team of Chinese officials began preparations for widespread testing in the global financial hub, which has seen a res... More »
NEW YORK (Reuters) – The survival of J.C. Penney Co Inc hangs on whether the department store chain can reach a complex deal within days to sell itself to an alliance of retail mavens and distressed-debt investors. The 118-year-old retailer blew through a Frid... More »
(Reuters) – U.S. oil refiner Marathon Petroleum Corp posted a smaller-than-expected quarterly loss on Monday, hours after it announced the sale of its Speedway gas stations to Japan’s Seven & I (3382.T) for $21 billion, which is expected to ease the refiner’s ... More »
(Reuters) – As the world awaits a COVID-19 vaccine, the next big advance in battling the pandemic could come from a class of biotech therapies widely used against cancer and other disorders – antibodies designed specifically to attack this new virus. Developme... More »
MOSCOW (Reuters) – Russia has signed deals to supply South Africa and seven Latin American countries with an anti-viral drug Russian authorities have approved to treat COVID-19, its sovereign wealth fund said on Monday. The Russian Direct Investment Fund (RDIF... More »
MOSCOW (Reuters) – Russia’s finance ministry said on Monday it would scrap an agreement with Cyprus aimed at avoiding double taxation after talks to modify the deal failed, and that legal changes would make it more profitable for people to transfer money back ... More »
TOKYO (Reuters) – The Tokyo Paralympics may require specific COVID-19 measures to help keep athletes safe as they move between venues, organisers said on Monday. The 2020 Summer Olympics and Paralympics have been pushed back to next year because of the novel c... More »
FRANKFURT/LOS ANGELES (Reuters) – – While millions of U.S. workers thrown into unemployment by the coronavirus pandemic fret about feeding their families, idled German airline purser Marco Todte is mainly concerned about his next vacation. Todte, 41, hasn’t fl... More »
SINGAPORE (Reuters) – Singapore researchers have developed “electronic skin” capable of recreating a sense of touch, an innovation they hope will allow people with prosthetic limbs to detect objects, as well as feel texture, or even temperature and pain. The d... More »
LONDON/TOKYO (Reuters) – Euro zone manufacturing activity expanded modestly last month, its first growth since early 2019, and Asia’s pain eased as the contraction slowed in export-reliant nations, adding to hopes the sector is emerging from the hit of the cor... More »
MADRID (Reuters) – Spanish factory activity expanded in July, rebounding from its worst slowdown in almost 12 years as the economy revived after the government ended one of Europe’s strictest coronavirus lockdowns a month earlier, a survey showed on Monday. In... More »
(Reuters) – This year’s Diamond League athletics meeting in Doha, initially scheduled for Oct. 9, has been brought forward by a fortnight and will take place on Sept. 25, organisers announced on Monday. The event in Doha, which serves as the traditional season... More »
LONDON (Reuters) – Investors in property funds should wait up to 180 days before they can get their money back to avoid widespread suspensions in rocky markets, Britain’s Financial Conduct Authority proposed on Monday. UK-regulated open-ended property funds of... More »
BEIJING (Reuters) – China’s monetary policy will be more flexible and targeted in the second half of the year, the central bank said on Monday. China will actively and steadily push forward yuan internationalisation and capital account convertibility, the Peop... More »
JAKARTA (Reuters) – Indonesia’s economy likely posted the biggest contraction in more than two decades in the second quarter, as measures taken to combat the coronavirus pandemic hit most sectors, a Reuters poll showed on Monday. The median forecast of 20 anal... More »
SINGAPORE (Reuters) – Visitors to Universal Studios in Singapore will now have to pass through facial recognition scanners to enter the park, in the city-state’s latest foray with a technology that has stoked privacy concerns. Resorts World Sentosa (RWS), whic... More »
SHANGHAI (Reuters) – Chinese artificial intelligence company Shanghai Zhizhen Intelligent Network Technology Co., Ltd., also known as Xiao-i, has filed a lawsuit against Apple Inc, alleging it has infringed on its patents. The company is calling for 10 billion... More »
MOSCOW (Reuters) – Russian oil and gas condensate output increased to 9.8 million barrels per day (bpd) on Aug. 1-2 from 9.37 million bpd in July as the country eases production curbs under an OPEC+ deal, a source familiar with data said on Monday. The Energy ... More »
TOKYO (Reuters) – SoftBank Group Corp on Monday said it spent 398 billion yen ($3.8 billion) buying back 63.2 million shares between July 1 and Aug. 3, part of a repurchase programme that has helped lift its share price to two decade highs. The latest purchase... More »
