BEIJING: Chinese tech giant ByteDance is considering listing its domestic business in Hong Kong or Shanghai, people familiar with the matter told Reuters, against a backdrop of rising Sino-U.S. tensions over its hit non-China video app TikTok. Of the two venues, the company prefers Hong Kong, according to two of […]
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MOSCOW: Russia’s Foreign Ministry said on Friday (Jul 31) it would respond with reciprocal measures to European Union travel and financial sanctions against a department of Russia’s military intelligence service for alleged cyberattacks. “Of course this unfriendly action by the EU will not be left unanswered,” the ministry said in […]
LONDON: U.S. travel management firm CWT paid US$4.5 million this week to hackers who stole reams of sensitive corporate files and said they had knocked 30,000 computers offline, according to a record of the ransom negotiations seen by Reuters. The attackers used a strain of ransomware called Ragnar Locker, which […]
WASHINGTON: U.S. consumer spending increased for a second straight month in June, setting up consumption for a rebound in the third quarter, though the recovery could be limited by a resurgence in COVID-19 cases and the end of expanded unemployment benefits. The Commerce Department said on Friday that consumer spending, […]
LONDON: Three British teenagers were sentenced to a combined 42 years in jail by a judge on Friday (Jul 31) for killing a policeman who was dragged behind a car for more than a mile, in a case that shocked the country. In August last year, the trio were stealing […]
France’s Alstom SA clinched EU antitrust approval on Friday to acquire Canadian rival Bombardier Inc’s rail business in a deal that will elevate it to the world’s second-largest rail maker after China’s CRRC Corp . BRUSSELS: France’s Alstom SA clinched EU antitrust approval on Friday to acquire Canadian rival Bombardier […]
PARIS: Intense heat spread across much of France on Friday (Jul 31) ahead of a heavy holiday travel weekend, prompting officials to warn of wildfire risks in exceptionally dry and windy conditions. Around one-third of the country’s 101 departments were on high alert, with Paris forecast to reach 40 degrees […]
The European Commission said on Friday it had signed a contract for SAP and Deutsche Telekom to build a software platform that would enable coronavirus contact tracing apps to exchange information. BERLIN: The European Commission said on Friday it had signed a contract for SAP and Deutsche Telekom to build […]
CAPE TOWN: The first of thousands of South African-designed ventilators rolled off a Cape Town assembly line on Friday (Jul 31), responding to requests from hospitals needing them for severe COVID-19 cases but unable to get them on global markets, officials said. Poorly resourced hospitals across Africa, which is nearing […]
JOHANNESBURG: When coronavirus patients started arriving at South Africa’s government-run Thelle Mogoerane Hospital, workers scrambled to set up isolation wards to treat them. They can’t keep up. Video filmed inside the hospital and seen by Reuters shows patients with COVID-19, the disease caused by the new coronavirus, being treated in […]