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Makeover: UK fashion bible Vogue turns serious for September

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 »

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Special Report: COVID opens new doors for China’s gene giant

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 »

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Ferrari trims full-year outlook after second-quarter earnings skid

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 »

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Microsoft talks to buy TikTok’s U.S. operations spark ire in China

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 »

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Flash floods kill two in Thailand, storm heads for Myanmar

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 »

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Islamic State storm Afghan jail, freeing hundreds of prisoners

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 »

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Summer mood swings: markets turn higher on hopes of virus aid

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 »

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Vietnam says early August ‘decisive’ in containing coronavirus

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 »

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There may never be a ‘silver bullet’ for COVID-19, WHO warns

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 »

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Vietnam says it has no plans for widespread lockdown

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 »

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Murray wants assurance on quarantine issues before U.S. Open

(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 »

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Vietnam reports 21 new coronavirus infections

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 »

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Strain on global manufacturing eases as euro zone returns to growth

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 »

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Athletics: Doha Diamond League meeting brought forward

(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 »

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Singapore’s Universal Studios deploys facial recognition for entry

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 »

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Russia is raising oil output as OPEC+ cuts ease: source

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 »

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SoftBank spent $3.8 billion on buybacks in July, August

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 »

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Greek Sakkari was ready to swap racket for track spikes

(Reuters) – Greek tennis player Maria Sakkari says she was so desperate for competition during the COVID-19 shutdown that she considered running in the 100m at the national athletics championships. The 25-year-old is seeded third at the WTA’s Palermo Ladies Op... More »

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Republican senators back plan to sell TikTok’s U.S. operations

WASHINGTON (Reuters) – Several Republican senators on Sunday backed a plan by China’s ByteDance to divest the U.S. operations of TikTok after President Donald Trump said on Friday he had decided to ban the popular short-video app. Senator John Cornyn, a Texas ... More »

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Facebook brings official music videos to users’ feed

(Reuters) – Facebook Inc said on Friday that its users in the United States would be able to view and share official music videos on its platform, in a move to better compete with Alphabet Inc’s video platform YouTube. Facebook, which had 2.7 billion monthly a... More »

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U.S. stock funds shed $1.05 billion in week: Lipper

(Reuters) – U.S.-based equity funds in the week ended Wednesday posted $1.05 billion in outflows, according to Lipper. Taxable bond funds attracted $9.37 billion, the sixteenth straight weekly inflow, while U.S. money market funds shed $17.44 billion in the la... More »

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Japan’s renowned artists find inspiration from pandemic

TOKYO (Reuters) – Some of Japan’s best-known artists are finding new avenues of expression in areas such as online communication and the environment, as the novel coronavirus outbreak sparks ideas as radical as renaming the country’s “Reiwa” imperial era. Five... More »

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Australia posts daily virus record, more deaths expected

SYDNEY (Reuters) – Australia’s Victoria state on Monday reported the country’s highest daily increase in coronavirus infections, prompting the authorities to warn a six-week lockdown may last longer if people continue to go to work while feeling unwell. The se... More »

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Hundreds jam airport as evacuations from Vietnam’s Danang begin

HANOI (Reuters) – The airport in the central Vietnamese tourism hotspot of Danang was packed on Monday after three residents tested positive for the coronavirus and the evacuation of 80,000 people began. The Southeast Asian country is back on high alert after ... More »

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Exchange of fire across Israel-Lebanon border, Israeli media reports

JERUSALEM (Reuters) – The Israeli military said a there has been a “security incident” on Israel’s northern border with Lebanon on Monday and ordered residents in the area to remain indoors. Israel’s N12 TV News reported an exchange of fire between Israeli for... More »

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Gold roars to record high, dollar dives again

LONDON (Reuters) – Gold soared to an all-time high on worsening ties between the United States and China, a sinking dollar and ultra-low interest rates on Monday, while stock markets faltered before a deluge of corporate earnings. Europe’s main stock markets w... More »

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Gold eyes $2,000 mark in speedy record-breaking run

LONDON/BENGALURU (Reuters) – Gold’s record rally is moving tantalisingly close to the psychologically key $2,000 level, powered by investors seeking cover from COVID-19’s global economic toll, as reflected in dollar weakness, faltering stocks and U.S.-China tr... More »

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Huawei cuts India revenue target by up to 50%, laying off staff: ET

(Reuters) – Chinese telecom company Huawei Technologies Co has cut its India revenue target for 2020 by up to 50% and is laying off more than half of its staff in the country, the Economic Times reported on Monday, amid calls to boycott Chinese goods. Huawei’s... More »

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U.S. stock funds draw $3.3 billion in latest week: Lipper

(Reuters) – U.S.-based stock funds in the week ended Wednesday saw $3.3 billion of inflows, according to Lipper. Taxable bond funds attracted $11.1 billion, the fifteenth straight weekly inflow, while U.S. money market funds drew $20.4 billion in the latest we... More »

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UK asks Japan for Huawei alternatives in 5G networks: Nikkei

TOKYO (Reuters) – The British government has asked Japan to help build its 5G wireless networks without Huawei Technologies [HWT.UL], the Nikkei said on Sunday, a further step in a global technology and security war between the United States and China. Britain... More »

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Malaysia considers making face masks compulsory in public

KUALA LUMPUR (Reuters) – Malaysia is considering making face masks compulsory in public following the emergence of 13 new coronavirus clusters since the government relaxed broad curbs on movement and businesses last month, Prime Minister Muhyiddin Yassin said ... More »

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TikTok under scrutiny in Australia over security, data concerns

SYDNEY (Reuters) – Australia is scrutinising the popular Chinese-owned social media TikTok platform for any risks it may pose to users from around potential foreign interference and data privacy issues, government sources told Reuters. Owned by Bytedance, TikT... More »

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Work begins on black boxes from Ukrainian jet downed by Iran

PARIS (Reuters) – Investigators have begun work on the flight recorders from the Ukrainian jet accidentally shot down by Iran in January, France’s BEA accident investigation bureau said on Monday. Iranian forces say they downed the Ukraine International Airlin... More »

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Euro hits four-month high on hopes for EU recovery fund deal

LONDON (Reuters) – The euro retreated after hitting a 19-week high of $1.1467 on Monday after EU summit chairman Charles Michel said a recovery fund to revive economies hit by the COVID-19 pandemic could contain 390 billion euros in grants. EU leaders have mad... More »

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Amazon says exports from India-based sellers cross $2 billion

NEW DELHI (Reuters) – Amazon.com Inc’s (AMZN.O) total exports from small and medium sellers in India, part of a company programme to export products to global markets, have crossed the $2 billion mark, two company executives said on Monday. Amazon’s “Global Se... More »

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United Arab Emirates launches mission to Mars

DUBAI (Reuters) – The United Arab Emirates launched its first mission to Mars on Monday as it strives to develop its scientific and technological capabilities and reduce its reliance on oil. The Hope Probe blasted off from Japan’s Tanegashima Space Center at 1... More »

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China urges UK to avoid taking wrong path in Hong Kong affairs

BEIJING (Reuters) – China on Monday urged Britain to avoid making further steps down wrong path after reports that it was poised to suspend an extradition treaty for Chinese-ruled Hong Kong. Foreign ministry spokesman Wang Wenbin made the remark during a daily... More »

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Japan plans to invite TSMC to build joint chip plant: Yomiuri

TOKYO (Reuters) – Japan is aiming to invite Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) or other global chipmakers to build an advanced chip manufacturing plant jointly with domestic chip equipment suppliers, the Yomiuri daily reported on Sunday. The J... More »

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Steroid’s COVID-19 benefits confirmed- spotlight on immune cells

(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. Full dexamethasone trial results released The full results... More »

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UAE aims to launch Mars mission on July 20: Dubai Media Office

DUBAI (Reuters) – The United Arab Emirates said on Friday it would launch its mission to Mars on July 20, depending on weather conditions at the launch site in Japan, Dubai’s media office said on Twitter. The launch of the UAE’s Hope Probe from Japan’s Tanegas... More »

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Triple jump champion Taylor supports Games protest option

(Reuters) – Twice Olympic triple jump champion Christian Taylor has joined calls to allow athletes to protest peacefully during the Games as anti-racism stances are increasingly seen at sports events in the wake of George Floyd’s death in U.S. police custody. ... More »

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UAE reschedules Mars mission launch to between July 20 and July 22

DUBAI (Reuters) – The United Arab Emirates has rescheduled the launch of its mission to Mars to a preliminary window between July 20 and July 22, depending on weather conditions at the launch site in Japan, the government’s communications office said on Thursd... More »

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UAE postpones Mars mission again due to weather at Japan launch site

DUBAI (Reuters) – The United Arab Emirates has postponed the launch of its mission to Mars for a second time due to weather conditions at the launch site in Japan, the government’s communications office said on Wednesday. A new launch date in July will be anno... More »

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UK to ban Huawei from 5G network

LONDON (Reuters) – Prime Minister Boris Johnson’s government will ban Huawei from Britain’s 5G network by ordering telecoms companies to remove its equipment by 2027, Media Secretary Oliver Dowden said on Tuesday. Operators will not be able to purchase 5G comp... More »

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Equities hit five-month peak, bonds dip, as earnings season starts

NEW YORK (Reuters) – World equity benchmarks hit a five-month peak and perceived safe -havens such as the dollar and U.S. government bonds dipped on Monday as investors turned to second-quarter earnings for signs that corporate profits will recover from the ec... More »

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Britain set to ban Huawei from 5G, though timescale unclear

LONDON (Reuters) – Prime Minister Boris Johnson is set to ban Huawei from Britain’s 5G network in a landmark decision that will anger Beijing but win plaudits from President Donald Trump as the United States grapples with China’s rising economic and technologi... More »

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France reduces Chinese flights to Paris in tit-for-tat row

PARIS (Reuters) – France’s government on Monday started restricting Chinese airlines to one passenger flight to France per week, saying it was acting in response to restrictions imposed by Beijing on French carriers flying to China. “From July 13, Chinese comp... More »

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Oil dips on surge in COVID-19 infections

LONDON (Reuters) – Oil prices fell on Monday on a record daily rise in global coronavirus cases, with big spikes in infections over the weekend in the United States, while traders await an OPEC meeting expected to recommend an easing of supply cuts. Brent crud... More »

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One in three South Korean COVID-19 patients improve with remdesivir

SEOUL (Reuters) – One in three South Korean patients seriously ill with COVID-19 showed an improvement in their condition after being given Gilead Sciences Inc’s antiviral remdesivir, health authorities said. More research was needed to determine if the improv... More »

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Kazakhstan to extend coronavirus lockdown by two weeks

ALMATY (Reuters) – Kazakhstan will extend its second coronavirus lockdown by two weeks until the end of July, and will once again offer financial aid to those who have lost their source of income, President Kassym-Jomart Tokayev said on Monday. Kazakhstan, whi... More »

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India’s June retail inflation picks up after easing of lockdown

NEW DELHI (Reuters) – India’s retail inflation picked up in June, pushed by price increases for some food and fuel items, but economists said the central bank could still ease rates because of concerns about economic slowdown caused by lockdown. Annual retail ... More »

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UK government to make Huawei statement on Tuesday

LONDON (Reuters) – British minister Oliver Dowden will make a statement to parliament on Huawei some time after 1130 GMT on Tuesday, the opposition Labour Party said on Twitter. Britain is set to ban Huawei from Britain’s 5G network in a landmark decision that... More »