South Korea, China clash over US missile shield, complicating conciliation

South Korea, China clash over US missile shield, complicating conciliation

A Terminal High Altitude Area Defense (THAAD) interceptor is seen in Seongju, South Korea, June 13, 2017. Picture taken on June 13, 2017. REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register SEOUL, Aug 11 (Reuters) – China and South Korea clashed on Thursday over a US missile defense shield, threatening to undermine … Read more

US SEC investigating hedge fund Melvin Capital Management – WSJ

US SEC investigating hedge fund Melvin Capital Management – WSJ

The seal of the US Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, DC, US, May 12, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 11 (Reuters) – The US securities regulator is looking into Melvin Capital Management’s risk controls and investor disclosures after the … Read more

Temperatures rise as France tackles its worst drought on record

Temperatures rise as France tackles its worst drought on record

PARIS, Aug 7 (Reuters) – France on Sunday braced for a fourth heatwave this summer as its worst drought on record left parched villages without safe drinking water and farmers warned of a looming milk shortage in the winter. Prime Minister Elisabeth Borne’s office has set up a crisis team to tackle a drought that … 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

Fed officials beat inflation drum; 50-basis-point rate hike ‘reasonable’ next month

Fed officials beat inflation drum;  50-basis-point rate hike ‘reasonable’ next month

Aug 3 (Reuters) – Federal Reserve officials voiced their determination again on Wednesday to rein in high inflation, although one noted a half-percentage-point hike in the US central bank’s key interest rate next month might be enough to march toward that goal. “I start from the idea that 50 (basis points) would be a reasonable … Read more

Evergrande offers sweetener for debt revamp as China property crisis worsens

Evergrande offers sweetener for debt revamp as China property crisis worsens

A partially removed company logo of China Evergrande Group is seen on the facade of its headquarters, near a traffic light in Shenzhen, Guangdong province, China January 10, 2022. REUTERS/David Kirton Register now for FREE unlimited access to Reuters.com Register HONG KONG, July 29 (Reuters) – China Evergrande Group will offer its offshore creditors asset … 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

Toyota recalls first mass-produced EVs less than 2 months after launch

Toyota recalls first mass-produced EVs less than 2 months after launch

2023 Toyota bZ4X all-electric SUV is displayed during the 2021 LA Auto Show in Los Angeles, California, US November, 17, 2021. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register TOKYO, June 23 (Reuters) – Toyota Motor Corp (7203.T) said on Thursday it would recall 2,700 of its first mass-produced electric vehicles (EVs) … Read more

Meta and other tech giants form metaverse standards body, without Apple

Meta and other tech giants form metaverse standards body, without Apple

The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to Reuters.com Register June 21 (Reuters) – Meta (META.O), Microsoft (MSFT.O) and other tech giants racing to build the emerging metaverse concept have formed a group to foster development … Read more

Ireland’s Sinn Fein says UK is set to break international law

Ireland’s Sinn Fein says UK is set to break international law

Sinn Fein leader Mary Lou McDonald speaks during an interview with Reuters in her office at Government buildings, in Dublin, Ireland, May 18, 2022. REUTERS/Clodagh Kilcoyne Register now for FREE unlimited access to Reuters.com Register LONDON, June 12 (Reuters) – Britain is set to break international law by bringing forward legislation to unilaterally change the … Read more