Best actress at Cannes returns to polarised Turkey on runoff day

By Deniz Uyar  ISTANBUL (Reuters) – Merve Dizdar, best actress winner at the Cannes Film Festival, returned to Turkey on Sunday and was met both by cheering fans and sharp criticism, highlighting the extreme polarisation in the country. Dizdar, who delivered an emotional speech on the struggle of women in Turkey upon receiving her prize…

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Reliance’s JioCinema signs content streaming deal with NBC Universal

BENGALURU (Reuters) – JioCinema, the streaming platform run by India’s Reliance Industries Ltd, has signed a partnership with NBC Universal Media in a push to increase Hollywood content on the platform for Indian viewers, the companies said on Monday. The multi-year deal will give JioCinema’s premium subscribers access to popular shows such as “Downton Abbey”,…

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Singapore’s Temasek Cuts Staff Compensation After Failed FTX Investment

By Urvi Manoj Dugar and Yantoultra Ngui (Reuters) -Singapore’s Temasek Holdings said it cut compensation for the team that recommended investing in the now-bankrupt FTX cryptocurrency exchange and for senior management, as they take “collective accountability” for the failed investment. The cuts were disclosed in a statement on Monday, a rare announcement for sovereign funds…

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Singapore’s Temasek cuts staff compensation after failed FTX investment

By Urvi Manoj Dugar and Yantoultra Ngui (Reuters) -Singapore’s Temasek Holdings said it cut compensation for the team that recommended investing in the now-bankrupt FTX cryptocurrency exchange and for senior management, as they take “collective accountability” for the failed investment. The cuts were disclosed in a statement on Monday, a rare announcement for sovereign funds…

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China’s factory activity likely contracts in May – Reuters poll

BEIJING (Reuters) – China’s factory activity likely contracted further in May, a Reuters poll showed on Monday, adding to pressures facing the world second-biggest economy amid an uneven economic recovery from the COVID-19 pandemic. The official manufacturing purchasing managers’ index (PMI) is expected to rise to 49.4 in May from 49.2 in April, according to…

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Special Report: Dozens of babies die in orphanage as Sudan war takes grim toll on Khartoum

By Maggie Michael (Reuters) – In the days after war erupted in Khartoum, Dr Abeer Abdullah rushed between rooms at Sudan’s largest orphanage, trying to care for hundreds of babies and toddlers as the fighting kept all but a handful of staff away. Children’s cries rang through the sprawling building as heavy gunfire rocked the…

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Uber executive says European taxis joining platform

By Toby Sterling AMSTERDAM (Reuters) – Uber is seeing an influx of European taxi drivers joining its platform, an executive told Reuters, a surprising development given the history of tensions between the company and the traditional taxi industry. In an interview, Uber’s Anabel Diaz, who oversees the company’s mobility (ride-sharing) business in EMEA, said business…

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Singapore Airlines, Garuda Indonesia plan JV to boost passenger capacity

(Reuters) – Singapore Airlines Ltd and Garuda Indonesia plan to enter into a joint venture (JV) to increase passenger capacity between the two countries, the flag carriers said on Monday, as post-COVID tourism in Southeast Asia ramps up. The proposed JV would allow the carriers to potentially synchronise schedules, improving passengers’ connectivity and convenience, and…

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Nvidia, MediaTek partner on connected car technology

By Joseph White DETROIT (Reuters) -Nvidia Corp and MediaTek Inc on Monday said they will collaborate on technology to power advanced vehicle infotainment systems that can stream video or games or interact with drivers using artificial intelligence. Under the agreement, announced at the Computex technology trade show in Taipei, MediaTek will integrate an Nvidia graphic…

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