Explainer: What’s next for conspiracy theorist Alex Jones

Explainer: What’s next for conspiracy theorist Alex Jones

Aug 5 (Reuters) – A jury in Austin, Texas, decided on Friday that US conspiracy theorist Alex Jones must pay the parents of a child killed in the 2012 Sandy Hook massacre $45.2 million in punitive damages for falsely claiming the shooting was a hoax, on top of $4.1 million in compensatory damages. read more … Read more

Tencent faces new video-game M&A challenge

Tencent faces new video-game M&A challenge

LONDON, Aug 5 (Reuters Breakingviews) – The frenzy in video-game dealmaking has reached a new level. China’s Tencent (0700.HK) wants to increase its 5% stake in smaller French rival Ubisoft Entertainment (UBIP.PA), the outfit behind the wildly popular “Assassin’s Creed” franchise, according to Reuters. The $380 billion company could offer the founding Guillemot family, who … Read more

EXCLUSIVE Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft -sources

EXCLUSIVE Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft -sources

HONG KONG, Aug 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to raise its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters. China’s largest social network and gaming firm, which bought a … Read more

Explainer: Blood, treasure and chaos: the cost of Russia’s war in Ukraine

Explainer: Blood, treasure and chaos: the cost of Russia’s war in Ukraine

A rescuer walks among debris at a site of a residential area destroyed by a Russian military strike, as Russia’s attack on Ukraine continues, in the town of Toretsk, Donetsk region, Ukraine July 27, 2022. Press service of the State Emergency Service of Ukraine /Handout via REUTERS Register now for FREE unlimited access to Reuters.com … Read more

In fighting gun crime, Canada has an American problem

In fighting gun crime, Canada has an American problem

OTTAWA/TORONTO, July 27 (Reuters) – A Texas man bought dozens of guns from licensed dealers in the state before illegally reselling at least 16, US officials say. Twelve were traced to crimes committed in America. The other four were traced to crimes in Canada. The case of the 31-year-old, indicted last month on charges that … Read more

Breakingviews: GE is fine, it’s everyone else that’s the problem

Breakingviews: GE is fine, it’s everyone else that’s the problem

Technicians build LEAP engines for jetliners at a new, highly automated General Electric (GE) factory in Lafayette, Indiana, US on March 29, 2017. REUTERS/Alwyn Scott/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, July 26 (Reuters Breakingviews) – No man is an island, but General Electric (GE.N) boss Larry Culp might … Read more

Aviation sector faces hiring headache as mechanics shortage looms

Aviation sector faces hiring headache as mechanics shortage looms

MONTREAL/BENGALURU, July 15 (Reuters) – Christophe Gagnon considered quitting his avionics studies as COVID-19 crippled aviation, but the 21-year-old stayed in class and now the industry is desperate for more like him to keep planes flying. Two years after lockdowns nearly grounded the airline industry, repair shops and suppliers are scrambling for students like Gagnon, … Read more

EXCLUSIVE Saudi Arabia doubles Q2 Russian fuel oil imports for power generation

EXCLUSIVE Saudi Arabia doubles Q2 Russian fuel oil imports for power generation

People walk near power plant number 10 at Saudi Electricity Company’s Central Operation Area, south of Riyadh, April 27, 2012. REUTERS Register now for FREE unlimited access to Reuters.com Register This includes content produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. Kingdom burns Russian fuel to free up crude … Read more

Explainer: What happens if Germany’s Russian gas flows stop

Explainer: What happens if Germany’s Russian gas flows stop

FRANKFURT, July 11 (Reuters) – Germany, the world’s fourth-biggest economy, is preparing for all scenarios including a complete stop to Russian gas supplies once a regular 10-day maintenance period on the giant Nord Stream 1 pipeline ends. Maintenance on the pipeline, which carries Russian gas directly into Germany, began on July 11 but Berlin is … Read more

Musk makes meme on Twitter legal threat after scrapping $44 billion deal

Musk makes meme on Twitter legal threat after scrapping  billion deal

July 11 (Reuters) – Elon Musk on Monday mocked Twitter Inc’s (TWTR.N) threat to sue him following his move to abandon the $44 billion takeover deal, tweeting the social media firm would need to disclose more information on bots and spam accounts. The series of tweets on Monday was Tesla Inc chief’s first public response … Read more