Europe's efforts to shield households from soaring energy costs

Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the security of gas supplies. | Continue reading | 11 hours ago

Sudden crypto drop sends Bitcoin to three-week low

Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low. | Continue reading | 13 hours ago

China has issued its first national drought alert of the year as authorities battle forest fires and mobilise specialist teams to protect crops from scorching temperatures across the Yangtze river basin. | Continue reading | 23 hours ago

A longtime senior executive at Donald Trump's family business pleaded guilty on Thursday to helping the company engineer a 15-year tax fraud, in an agreement that will require him to testify about its business practices at an upcoming trial. | Continue reading | 1 day ago

Caste in California: Tech giants confront ancient Indian hierarchy

OAKLAND, Calif, Aug 15 (Reuters) - America's tech giants are taking a modern-day crash course in India's ancient caste system, with Apple (AAPL.O) emerging as an early leader in policies to rid Silicon Valley of a rigid hierarchy that's segregated Indians for generations.(reuters … | Continue reading | 5 days ago

Caste in California: Tech giants confront ancient Indian hierarchy

America's tech giants are taking a modern-day crash course in India's ancient caste system, with Apple emerging as an early leader in policies to rid Silicon Valley of a rigid hierarchy that's segregated Indians for generations. | Continue reading | 5 days ago

Seizure of classified government documents from Trump's Mar-a-Lago retreat spotlights the ongoing national security concerns. | Continue reading | 6 days ago

Ukraine in default according to Fitch and S&P

Global rating agencies S&P and Fitch on Friday lowered Ukraine's foreign currency ratings to selective default and restricted default as they consider the country's debt restructuring as distressed. | Continue reading | 6 days ago

China withdraws promise not to send troops to Taiwan if it takes control

China has withdrawn a promise not to send troops or administrators to Taiwan if it takes control of the island, an official document showed on Wednesday, signalling a decision by President Xi Jinping to grant less autonomy than previously offered. | Continue reading | 7 days ago

Five Chinese state-owned companies to delist from NYSE

Five Chinese state-owned firms including China Life Insurance and oil giant Sinopec said Friday they would delist from the New York Stock Exchange, amid heightened diplomatic and economic tensions with the United States. | Continue reading | 7 days ago

Mass fish die-off in German-Polish river blamed on unknown toxic substance

An unidentified highly toxic substance in the Oder river, which runs through Poland and Germany, appears to be the cause of a mass die-off of fish in the waterway, officials from both counties said. | Continue reading | 7 days ago

Dead fish in River Oder on Polish/German border spur contamination probe

Tonnes of dead fish have been hauled out of the River Oder, which flows along part of Poland's border with Germany, and officials warned people not to enter the water while the Polish government pledged to investigate possible contamination. | Continue reading | 7 days ago

J&J to end global sales of talc-based baby powder

Johnson & Johnson will stop selling talc-based baby powder globally in 2023, the drugmaker said on Thursday, more than two years after it ended U.S. sales of a product that drew thousands of consumer safety lawsuits. | Continue reading | 8 days ago

U.S. rejects broadband subsidies for SpaceX's Starlink, LTD

The U.S. Federal Communications Commission (FCC) said Wednesday it was rejecting the applications of SpaceX's Starlink and LTD Broadband to receive government subsidies through a rural fund. | Continue reading | 9 days ago

Google Fiber plans 5-state growth spurt, biggest since 2015

Google Fiber plans to bring its high-speed internet service to multiple cities in Arizona, Colorado, Idaho, Nebraska and Nevada over the next several years in its first big expansion since it spun out as an independent Alphabet Inc unit in 2015. | Continue reading | 9 days ago

Singapore-based crypto lender Hodlnaut suspends withdrawals

Hodlnaut, a Singapore-based crypto currency lender and borrower, has suspended withdrawals, swaps and deposits, the company said on Monday, the latest sign of stress in the cryptocurrency industry. | Continue reading | 9 days ago

Deliveroo to exit Netherlands, loss widens in first-half

Britain's Deliveroo said it would quit the Netherlands after failing to gain a strong local position, as it reported a larger pretax loss in "challenging market conditions" in the first half. | Continue reading | 9 days ago

Wildfires are destroying California's forest carbon credit reserves, study says

Carbon offsets generated from forests to counteract future climate-warming emissions from California's big polluters are rapidly being depleted as trees are ravaged by wildfire and disease, new research published on Friday suggests. | Continue reading | 10 days ago

AppLovin offers to buy Unity Software in $17.5 bln deal

Digital marketing company AppLovin Corp on Tuesday made an offer to buy gaming firm Unity Software Inc in a $17.54 billion all-stock deal. | Continue reading | 10 days ago

Iran makes first import order using cryptocurrency – report

Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent U.S. sanctions that have crippled the economy. | Continue reading | 10 days ago

Cryptoverse: Blockchain bridges fall into troubled waters

Another day, another hack - and another blockchain bridge burned. | Continue reading | 10 days ago

France tweaks rules to keep nuclear plants running during heatwave

France's nuclear power regulator has extended temporary waivers allowing five power stations to continue discharging hot water into rivers as the country contends with a fourth heatwave of the summer and an energy crisis. | Continue reading | 11 days ago

As satellites and space junk proliferate, U.S. to revise rules

With Earth's orbit growing more crowded with satellites, a U.S. government agency on Friday said it would begin revising decades-old rules on getting rid of space junk and on other issues such as satellite refueling and inspecting and repairing in-orbit spacecraft. | Continue reading | 11 days ago

U.S. House lawmakers look to jump-start self-driving legislative push

Two members of the U.S. House of Representatives are launching a bipartisan effort to help revive legislative efforts to boost self-driving vehicles. | Continue reading | 11 days ago

SoftBank posts $17 bln Vision Fund loss on tech slump

TOKYO, Aug 8 (Reuters) - SoftBank Group Corp (9984.T) on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its Vision Fund unit in the April-June quarter as the value of its tech portfolio slid. SoftBank had booked a record loss at the Vision Fund unit in May as market t … | Continue reading | 11 days ago

Musk says Twitter deal should go ahead if it provides proof of real accounts

Elon Musk said the $44 billion deal should proceed on its original terms if Twitter could provide its method of sampling 100 accounts and how it confirmed that the accounts are real. | Continue reading | 12 days ago

Uber turns cash flow positive for the first time in bumper quarter

Uber Technologies Inc reported positive quarterly cash flow for the first time ever on Tuesday and forecast third-quarter operating profit above estimates, as more people rely on its services for transport and ordering in food. | Continue reading | 12 days ago

Musk challenges Twitter CEO to public debate on bots

Elon Musk on Saturday challenged Twitter Inc Chief Executive Officer Parag Agrawal to a public debate about the percentage of bots on the social media platform. | Continue reading | 12 days ago

Major fire spreads at Cuban fuel storage facility

A second fuel storage tank near Cuba's supertanker port in Matanzas exploded on Saturday morning following a blaze which burned through the night after lightning hit another tank on Friday evening. | Continue reading | 13 days ago

Fed's Bowman: more 75 basis-point hikes should be on the table

The U.S. Federal Reserve should consider more 75 basis-point interest rate hikes at coming meetings in order to bring high inflation back down to the central bank's goal, Fed Governor Michelle Bowman said on Saturday. | Continue reading | 13 days ago

Russian lab head supporting hypersonic missile program held for treason

The director of a Russian laboratory working on hypersonic missiles, a weapon where President Vladimir Putin claims a strategic advantage for Russia, has been arrested on suspicion of treason, the state-run TASS news agency reported on Friday. | Continue reading | 14 days ago

Switzerland’a new hydro plant charges 400K vehicles simultaneously

Switzerland is adding a much needed cog in the wheel to its energy supply with an underground hydropower plant that says it has capacity to store enough electricity to charge 400,000 car batteries simultaneously. | Continue reading | 14 days ago

Italy, Intel close to $5B deal for chip factory

Italy is close to clinching a deal initially worth $5 billion with Intel to build an advanced semiconductor packaging and assembly plant in the country, two sources briefed on discussions told Reuters on Thursday. | Continue reading | 14 days ago

EU antitrust regulators quiz developers on Google app payments

EU antitrust regulators have asked app developers whether Alphabet unit Google's threat to remove apps from its Play Store if they use other payment options instead of its own billing system has hurt their business, two people familiar with the matter told Reuters. | Continue reading | 15 days ago

Meta Platforms to make first-ever bond offering

Aug 4 (Reuters) - Facebook-parent Meta Platforms (META.O) said on Thursday it would make its first-ever bond offering, at a time when the social media company is making massive investments to fund its metaverse projects. Meta did not disclose the size of the offering, but said it … | Continue reading | 15 days ago

The result is a resounding win for the abortion rights movement in the first statewide electoral test since the U.S. Supreme Court overturned Roe v. Wade. | Continue reading | 16 days ago

U.S. game software developer Unity in talks to spin off China unit

Unity Software Inc , the U.S. developer best known for software used to design video games, is in talks to spin off its China unit to help it expand in the world's biggest games market, four people with knowledge of the matter told Reuters. | Continue reading | 17 days ago

SK Hynix says has developed its most advanced 238-layer storage chip

South Korea's SK Hynix Inc has developed its most advanced NAND flash chip made up of 238 layers of memory cells for use in PC storage devices and later smartphones and servers, the world's second-largest memory chip maker said on Wednesday. | Continue reading | 17 days ago

U.S. Navy deploys four warships east of Taiwan as Pelosi heads to Taipei

Four U.S. warships, including an aircraft carrier, were positioned in waters east of Taiwan on what the U.S. Navy called routine deployments on Tuesday amid Chinese anger over U.S. House of Representatives Speaker Nancy Pelosi's visit the island. | Continue reading | 17 days ago

U.S. crypto firm Nomad hit by $190M theft

U.S. crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said on Tuesday, the latest such heist to hit the digital asset sector this year. | Continue reading | 17 days ago

Al Qaeda leader Zawahiri killed in CIA drone strike in Afghanistan: US officials

Al Qaeda leader Ayman al-Zawahiri was killed in a CIA drone strike in Afghanistan over the weekend, U.S. officials said on Monday, the biggest blow to the militant group since its founder Osama bin Laden was killed in 2011. | Continue reading | 18 days ago

U.S. SEC charges 11 individuals in $300M crypto pyramid scheme

The Securities and Exchange Commission said on Monday it charged 11 people for their roles in creating and promoting a fraudulent crypto pyramid and Ponzi scheme that raised over $300 million from retail investors worldwide, including in the United States. | Continue reading | 18 days ago

Oracle starts job cuts in U.S. – The Information

Oracle Corp has started to lay off employees in the United States, The Information said on Monday, citing a person with direct knowledge of the matter. | Continue reading | 18 days ago

S&P 500, Nasdaq register biggest monthly gains since 2020

U.S. stocks added to their recent rally on Friday after upbeat forecasts from Apple and , and the S&P 500 and Nasdaq posted their biggest monthly percentage gains since 2020. | Continue reading | 20 days ago

Spain reports second monkeypox-related death in Europe

Spain reported its second monkeypox-related death on Saturday, in what is thought to be Europe's second death from the disease and only the third outside of Africa in the current outbreak. | Continue reading | 20 days ago

China says US chip act will distort global semiconductor supply chain

China's commerce ministry said on Friday that a major new chips act passed by the U.S. Congress will distort the global semiconductor supply chain and disrupt international trade. | Continue reading | 21 days ago

Elon Musk files countersuit under seal vs. Twitter over $44 bln deal

Elon Musk countersued Twitter Inc on Friday, escalating his legal fight against the social media company over his bid to walk away from the $44 billion purchase, although the lawsuit was filed confidentially. | Continue reading | 21 days ago

U.S. oil giants Exxon, Chevron post blowout earnings, ramp up buybacks

The two largest U.S. oil companies, Exxon Mobil and Chevron Corp , posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following similar results for European giants a day earlier. | Continue reading | 21 days ago