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Trump and Republicans narrowly top Biden in April fundraising

(Reuters) – President Donald Trump’s re-election campaign and the Republican National Committee said on Monday they jointly raised $61.7 million in April, just beating the month’s haul for presumptive Democratic presidential nominee Joe Biden and his party. A ... More »

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WeWork directors seek to preserve right to sue owner SoftBank

(Reuters) – A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded, as it pursues legal action against majority owner SoftBank Group Corp (9984.T) over an abandoned $3 billion tender offer for the of... More »

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Mexico coronavirus cases rise by 1,305 to 36,327: health ministry

MEXICO CITY (Reuters) – Mexico’s health ministry confirmed 1,305 new cases of coronavirus infections on Monday, along with 108 additional deaths. The new infections brought confirmed coronavirus cases to 36,327 and 3,573 deaths in total, according to the offic... More »

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Bitcoin goes through third ‘halving’, falls vs U.S. dollar

NEW YORK (Reuters) – Bitcoin slid on Monday in volatile trading, after it went through a technical adjustment that reduced the rate at which new coins are created, but the outlook remained upbeat as the increase in supply slows down. Monday’s “halving” cuts th... More »

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S&P 500, Dow dip as Buffett dumps airlines, China tensions flare

(Reuters) – The S&P 500 and Dow Jones dropped for the third session on Monday following a U.S.-China spat about the origins of the coronavirus outbreak, while major carriers slumped after billionaire Warren Buffett’s Berkshire Hathaway dumped its stakes in the... More »

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Uber’s Middle East business Careem cuts 31% of workforce

DUBAI (Reuters) – Uber Technologies’ Careem subsidiary said on Monday it was cutting 536 jobs this week, representing 31% of the Dubai-headquartered company’s workforce. The announcement came hours after Uber said it was shuttering its Eats delivery business i... More »

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Trump says up to 100,000 Americans may die from coronavirus

WASHINGTON (Reuters) – U.S. President Donald Trump said on Sunday he now believes as many as 100,000 Americans could die in the coronavirus pandemic, after the death toll passed his earlier estimates, but said he was confident a vaccine would be developed by t... More »

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Varner has no fears about getting back on the PGA Tour bus

(Reuters) – Harold Varner III is getting impatient to play professional golf again, and has no qualms about jumping straight back into the water when the PGA Tour resumes next month amid the COVID-19 pandemic. While some players have expressed reticence to com... More »

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U.S. Republicans push for coronavirus lawsuit immunity for business

WASHINGTON (Reuters) – The top Republicans in the U.S. Congress displayed a united front on Friday in their drive for coronavirus-related liability protections for businesses, saying such measures will be crucial to talks about future relief legislation. Senat... More »

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A Minute With: Tim Gunn on pajamas and post-quarantine fashion

LOS ANGELES (Reuters) – Even Tim Gunn, the immaculately dressed fashion mentor from “Project Runway” and Amazon’s new competition show “Making the Cut,” is finding it hard to get out of his pajamas these days. As much of the world shelters at home to prevent t... More »

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US money market assets increased in latest week: iMoneyNet

NEW YORK, April 29 (Reuters) – U.S. money market fund assets increased by $72.69 billion to $4.652 trillion in the week ended April 28, the Money Fund Report said on Wednesday. Taxable money market fund assets increased by $74.71 billion to $4.515 trillion, wh... More »

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China’s market regulator inspects Luckin Coffee

SHANGHAI (Reuters) – Luckin Coffee (LK.O) said on Monday China’s State Administration for Market Regulation was carrying out work to understand the coffee chain’s operating situation and added that it was actively cooperating. It also said in a statement poste... More »

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A battle far from over: Five questions for the ECB

LONDON (Reuters) – The European Central Bank meets on Thursday, the ink barely dry on its emergency bond-buying scheme, and markets are already asking what more it will do to help the euro zone economy through the coronavirus crisis. Its emergency stimulus, wh... More »

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Latest on the spread of the coronavirus around the world

(Reuters) – More than 2.97 million people have been reported to be infected by the novel coronavirus globally and 205,948 have died, according to a Reuters tally, as of 0200 GMT on Monday. DEATHS AND INFECTIONS * For an interactive graphic tracking the global ... More »

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White House considering replacing HHS chief Azar: reports

WASHINGTON (Reuters) – President Donald Trump’s administration is considering replacing its secretary of Health and Human Services, Alex Azar, because of early missteps in the handling of the coronavirus pandemic, the Wall Street Journal and Politico reported ... More »

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Naomi Campbell – from catwalk queen to chat show host

NEW YORK (Reuters) – Coronavirus quarantine has supermodel Naomi Campbell reinventing herself as a talk show host with the new series “No Filter with Naomi.” The catwalk queen is chatting live on YouTube every day with some of her famous friends, including Vog... More »

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AT&T will make HBO Max free to some customers, sets May 27 launch

(Reuters) – AT&T Inc. announced on Tuesday that it will make its HBO Max streaming service free to some customers when it launches on May 27. The HBO Max app will be pre-loaded on the AT&T TV set top box. HBO Max will also be included with the AT&T Internet 10... More »

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Coronavirus shutdown has exposed ‘inequities’ of tennis: King

MUMBAI (Reuters) – Tennis great Billie Jean King says the financial fallout from the coronavirus shutdown has exposed the unfairness of the sport and that it is important for the top players to lead the cause for change. The tennis season was suspended in Marc... More »

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FCC approves Ligado plan to deploy mobile broadband network

WASHINGTON (Reuters) – The five-member Federal Communications Commission voted unanimously to approve an order to allow Ligado Networks[MOSAV.UL] to deploy a low-power nationwide 5G network despite objections from the U.S. Defense Department, other federal age... More »

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Chilean best-selling author Luis Sepulveda dies in Spain of COVID-19

MADRID (Reuters) – Chilean author Luis Sepúlveda, best known for his book “The Old Man Who Read Love Stories,” died on Thursday of COVID-19 in a hospital in Asturias, the region of northern Spain where he lived for several decades, his publisher and Spanish me... More »

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Factbox: Countries pondering an easing of coronavirus curbs

(Reuters) – Various countries around the world are wondering when and how to ease coronavirus lockdowns, though the World Health Organization (WHO) is warning that should be done slowly and only when there is capacity to isolate cases and trace contacts. Follo... More »

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China says there is no discrimination against ‘African brothers’

BEIJING (Reuters) – China said on Monday there was no discrimination against “African brothers” in the country and rejected U.S. accusations of mistreatment of Africans in Guangzhou as an attempt to harm Beijing’s relations with African nations. Foreign minist... More »

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Japan PM to declare state of emergency of up to 6 months: media

TOKYO (Reuters) – Japan will declare a state of emergency as early as Tuesday in a bid to stop the coronavirus, media reported, with the government preparing a stimulus package to soften the blow on an economy already struggling to avoid a recession. More than... More »

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UK car sector slashes 2020 sales forecast by 23% due to coronavirus

LONDON (Reuters) – A group representing Britain’s car industry cut its sales forecast for this year by 23% to 1.73 million vehicles because of the impact of the coronavirus crisis. The figure represented a 25% fall from the number of new car registrations in 2... More »

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On this day: Died April 7, 1968: Jim Clark, British racing driver

(Reuters) – Jackie Stewart starts a chapter of his autobiography with a simple sentence: “Jim Clark was the finest racing driver of my era.” Few would disagree with the triple world champion, Britain’s most successful racing driver until Lewis Hamilton rewrote... More »

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Esports: Dybala too good for Bale in charity video game clash

(Reuters) – Paulo Dybala left Gareth Bale out of his Real Madrid starting line-up but had no trouble beating the Welshman’s Manchester City side in a FIFA 20 video game as part of a Combat Corona fundraiser for UNICEF at the weekend. Juventus striker Dybala on... More »

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Mexico registers 2,143 coronavirus cases, 94 deaths

MEXICO CITY (Reuters) – Mexico on Sunday had registered 2,143 cases of the novel coronavirus in the country, an increase of 253 cases from a day earlier, the health ministry said. The number of deaths linked to the virus rose by 15 to 94. Source: https://www.r... More »

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Tesla engineers show ventilator prototype on YouTube

NEW YORK (Reuters) – Engineers at Tesla Inc (TSLA.O) showed a prototype for a ventilator on Sunday evening in a video published on the company’s YouTube channel, as hospitals around the country overwhelmed by coronavirus patients face device shortages. The des... More »

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NFL-Former Saints kicker Dempsey dies after contracting COVID-19

(Reuters) – Former New Orleans Saints kicker Tom Dempsey has died at the age of 73 after contracting COVID-19, the NFL team said on Sunday. Dempsey, who was born without toes on his right foot, joined the Saints out of college in 1969 and in November 1970 set ... More »

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Supreme Court postpones April oral arguments over coronavirus

WASHINGTON (Reuters) – The U.S. Supreme Court on Friday postponed oral arguments scheduled for April as a result of the coronavirus pandemic and is considering alternative options for handling the various outstanding cases. The court, which already had delayed... More »

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Masks do reduce spread of flu and some coronaviruses, study finds

LONDON (Reuters) – Face masks could help limit the spread of the COVID-19 pandemic, according to researchers who studied the effect of surgical masks on the transmission of other corona and flu viruses. In the study, the use of surgical masks by sufferers sign... More »

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FedEx slashes CEO’s salary, draws $1.5 billion from credit line

(Reuters) – FedEx Corp (FDX.N) said on Friday it would slash its chief executive officer’s pay and draw down $1.5 billion from a credit facility as delivery services take a hit from coronavirus-led lockdowns across the globe. The company, which also suspended ... More »

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With over a million coronavirus cases, economic freefall looms

BEIJING/NEW YORK (Reuters) – Global cases of the new coronavirus have shot past 1 million with more than 53,000 fatalities, a Reuters tally showed on Friday, as death tolls soared in the United States and western Europe while the world economy nosedived. In th... More »

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OPEC+ debates biggest ever cut as virus destroys oil demand

DUBAI/LONDON/MOSCOW (Reuters) – OPEC and allies are working on a deal for an unprecedented production cut equivalent to around 10% of global supply, an OPEC source said after U.S. President Donald Trump called on oil nations to stop the oil rout caused by the ... More »

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Wall Street opens lower as record jobs growth ends

(Reuters) – Wall Street’s main indexes opened lower on Friday as the novel coronavirus brought the longest U.S. employment expansion on record to an abrupt end. The Dow Jones Industrial Average .DJI fell 127.51 points, or 0.60%, at the open to 21,285.93. The S... More »

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Global coronavirus cases surpass one million

(Reuters) – Global coronavirus cases surpassed 1 million on Thursday with more than 52,000 deaths as the pandemic further exploded in the United States and the death toll climbed in Spain and Italy, according to a Reuters tally of official data. Italy had the ... More »

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Sanofi and Regeneron’s Dupixent shows more encouraging results

PARIS (Reuters) – Healthcare companies Sanofi and Regeneron announced on Friday more encouraging results for their Dupixent product used to treat severe atopic dermatitis, often commonly known as eczema. The companies said that Dupixent Phase 3 data showed a s... More »

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Trump negative for coronavirus again, says wearing masks okay

WASHINGTON (Reuters) – President Donald Trump said he underwent a second coronavirus test on Thursday, using a new diagnostic that produced a result in less than 15 minutes, and it determined he has not been infected. “I think I took it really out of curiosity... More »

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Democrats delay presidential convention until Aug. – Politico

WASHINGTON (Reuters) – U.S. Democrats have delayed their presidential nominating convention in Wisconsin by more than a month to Aug. 17, after the party’s leading candidate, Joe Biden, said the massive gathering should be rescheduled amid the deadly coronavir... More »

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Disney+ content to make exclusive Middle East debut on OSN

DUBAI (Reuters) – Walt Disney Co’s (DIS.N) Disney+ content will be available for the first time in the Middle East and North Africa on regional pay television and online streaming service provider OSN from April 9. Dubai-headquartered OSN has signed a “long-te... More »

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Japan has no plan to declare state of emergency April 1: Suga

TOKYO (Reuters) – Japan’s top government spokesman said on Monday there was no truth to rumors the government was planning to declare a state of emergency from April 1 to slow the spread of the coronavirus pandemic. Chief Cabinet Secretary Yoshihide Suga also ... More »

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Major airlines urge U.S. Treasury to disburse assistance quickly

WASHINGTON (Reuters) – Major U.S. airlines asked the U.S. Treasury to move quickly to release up to $58 billion in government grants and loans and recommended a formula to divide up the money. In a letter dated Saturday and seen by Reuters, carriers wrote that... More »

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Factbox: Sports events around the world hit by coronavirus pandemic

(Reuters) – Major sports events around the world that have been hit by the coronavirus pandemic: OLYMPICS * The International Olympic Committee and Japan’s Prime Minister Shinzo Abe concluded the Tokyo 2020 Olympics must be postponed and held no later than the... More »

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Brazilian rapper warns of coronavirus danger in Brazil’s slums

RIO DE JANEIRO (Reuters) – Brazilian rapper MV Bill added his voice to a chorus of criticism of President Jair Bolsonaro for downplaying the gravity of the new coronavirus epidemic in a video clip that urges people to protect themselves. His rap “Quarantine” r... More »

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Facebook lowers video quality in Latin America, following Europe

SAO PAULO (Reuters) – Facebook Inc will lower video streaming quality on its platform and on Instagram in Latin America, replicating measures adopted in Europe, to ease network congestion in a region that is starting to feel the grip of the coronavirus. On Sun... More »

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In battle against coronavirus, Colombia transforms military hospital

BOGOTA (Reuters) – Colombia’s central military hospital, which for decades was inundated with victims of landmines and other casualties of the country’s internal conflict, is being outfitted to battle a new enemy: coronavirus. The hospital’s staff parking lot ... More »

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Factbox: Latest on the spread of the coronavirus around the world

(Reuters) – More countries imposed lockdown measures as coronavirus cases across the globe ballooned, led by a sharp rise in infections in Europe. Italy banned travel within the country, nearly one in three Americans were ordered to stay home and New Zealand w... More »

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IOC to start discussions on possible Tokyo 2020 postponement

ATHENS (Reuters) – The International Olympic Committee is stepping up its “scenario planning” for the Tokyo 2020 Games — including a possible postponement — as the coronavirus pandemic spreads, it said after an emergency meeting on Sunday. The IOC will hold di... More »

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Factbox: Reaction to Canada’s boycott of 2020 Tokyo Games

(Reuters) – Reaction to Canada’s boycott of the 2020 Tokyo Games due to concerns about the coronavirus. The Australian Olympic Committee has also said its athletes should prepare for an Olympics next year. COMMENTS FROM OFFICIALS Statement from Canadian Olympi... More »

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IOC must be given time to decide Tokyo Games’ future, says Lange

(Reuters) – Argentine sailor Santiago Lange said the International Olympic Committee (IOC) deserves more time to decide on potentially postponing the Tokyo Games but the well-being of athletes should be a top priority as the coronavirus pandemic spreads. On Su... More »

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Anglo American says to reschedule work at mines to contain virus

LONDON (Reuters) – Anglo American said on Friday it would reschedule work at mines in countries such as Chile to contain the spread of coronavirus but added there had been no material disruption on production. The virus, which has claimed over 10,000 lives glo... More »

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Olympic flame arrives at Japan ahead of Tokyo 2020 Games: Kyodo

TOKYO (Reuters) – The aircraft carrying the Olympic flame arrived at Japan Air Self-Defence Force’s Matsushima base, Kyodo news agency said on Friday, as concerns growth whether the Games will go ahead as planned this summer amid the coronavirus pandemic. The ... More »