Japanese PM shakes up cabinet as anger grows over Unification Church ties

Japanese PM shakes up cabinet as anger grows over Unification Church ties

Voters’ support plummets over party’s ties to church Upheaval comes sooner than analysts expected The Church defends its right to participate in politics Kishida has only chosen ministers who will ‘review’ ties with the group TOKYO, Aug 10 (Reuters) – Japanese Prime Minister Fumio Kishida shuffled his cabinet on Wednesday as he battled growing public … Read more

Coinbase Posts Loss as Crypto Market Turmoil Hits Trading Volumes

Coinbase Posts Loss as Crypto Market Turmoil Hits Trading Volumes

A representation of the cryptocurrency is seen in front of the Coinbase logo in this illustration taken March 4, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Aug 9 (Reuters) – Coinbase Global Inc (COIN.O) reported a bigger-than-expected quarterly loss as investors worried about the rout of risky assets this year … Read more

Dreaded ‘dip’ slashes billions from startup valuations

Dreaded ‘dip’ slashes billions from startup valuations

Aug 9 (Reuters) – Several high-flying startups are being brought down to earth as recent carnage in global stock markets and lackluster demand for new listings force companies to raise funds at a huge discount to their exorbitant valuations. Easy money from venture capital deals is quickly evaporating in an inflation-driven high interest rate environment … Read more

Singapore-based crypto lender Hodlnaut suspends withdrawals

Singapore-based crypto lender Hodlnaut suspends withdrawals

Representations of the virtual currencies Ripple, Bitcoin, Etherum and Litecoin are seen on a PC motherboard in this illustrative image, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register HONG KONG, Aug 8 (Reuters) – Hodlnaut, a Singapore-based cryptocurrency lender and borrower, has suspended withdrawals, exchanges and deposits, the … Read more

EXCLUSIVE Russia begins stripping airliners for parts as sanctions bite

EXCLUSIVE Russia begins stripping airliners for parts as sanctions bite

This content was produced in Russia, where law restricts coverage of Russian military operations in Ukraine MOSCOW, Aug 8 (Reuters) – Russian airlines, including state-controlled Aeroflot (AFLT.MM), are retiring jetliners to get spare parts they can no longer buy from abroad in because of Western sanctions, four industry sources told Reuters. The measures are in … Read more

Hollywood actress Anne Heche in a coma after a violent car accident

Hollywood actress Anne Heche in a coma after a violent car accident

Anne Heche attends the premiere of the film ‘The Tender Bar’ at the TLC Chinese Theater in Los Angeles, California, U.S., December 12, 2021. REUTERS/Aude Guerrucci Join now for FREE unlimited access to Reuters.com Register LOS ANGELES, Aug 8 (Reuters) – Hollywood actress Anne Heche remained hospitalized in critical condition, in a coma and on … Read more

Full of money, Pfizer buys Global Blood Therapeutics for $5.4 billion

Full of money, Pfizer buys Global Blood Therapeutics for .4 billion

Aug 8 (Reuters) – Pfizer Inc on Monday agreed to pay $5.4 billion in cash to sickle cell drugmaker Global Blood Therapeutics (GBT.O) as it seeks to capitalize on a surge in revenue from his COVID-19 vaccine and treatment. Pfizer will pay $68.50 per GBT share, representing a 7.3% premium to its Friday closing price … Read more

UN chief calls for international access to Ukrainian nuclear power plant after new attack

UN chief calls for international access to Ukrainian nuclear power plant after new attack

Kyiv and Moscow are responsible for visits to the Zaporizhzhia site UN’s Guterres says any attack on nuclear power plant is ‘suicidal’ Four ships carrying Ukrainian food leave Black Sea ports Aug 8 (Reuters) – UN Secretary-General Antonio Guterres demanded on Monday that international inspectors be given access to the Zaporizhzhia nuclear power plant after … Read more

COVID lockdown turns China’s tourist hotspot Sanya into a nightmare for stranded tourists

COVID lockdown turns China’s tourist hotspot Sanya into a nightmare for stranded tourists

BEIJING/SHANGHAI, Aug 7 (Reuters) – When Chinese businesswoman Yang Jing was planning this year’s summer vacation in 2021, she chose the tropical southern island of Hainan because of its near-perfect COVID history . The South China Sea island has recorded only two symptomatic positive cases of COVID-19 in the past year. Fast forward to this … Read more

Berkshire Hathaway Posts Massive $43.8 Billion Loss; operating results are improving

Berkshire Hathaway Posts Massive .8 Billion Loss;  operating results are improving

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor during Berkshire Hathaway Inc’s annual shareholders meeting in Omaha, Nebraska, U.S., on 4 May 2019. REUTERS/Scott Morgan//File Photo Join now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – Falling U.S. stock prices hurt … Read more