By Aditya Soni (Reuters) – Activision Blizzard and Microsoft on Wednesday extended the deadline for the close of their $69 billion deal by three months to Oct. 18 as the American companies work to secure UK approval for the biggest gaming deal in history. U.S. regulatory efforts to block the takeover and Britain’s push to…
By Thomas Mukoya, Monicah Mwangi NAIROBI (Reuters) -Several people were shot in Kenya, some possibly fatally, as security forces clashed with demonstrators across the country protesting high costs of living and tax hikes, a hospital official and local media said on Wednesday. Demonstrators hurled rocks at police and burned tyres in the streets, while the…
WASHINGTON (Reuters) – A group of 200 U.S. lawmakers on Wednesday said they have agreed not to intervene in the case workers at UPS go on strike. The world’s biggest package delivery firm and the International Brotherhood of Teamsters have until midnight on July 31 to reach a contract deal covering some 340,000 workers that…
By Luc Cohen NEW YORK (Reuters) – JPMorgan Chase will get to review some of Elon Musk’s emails as it pursues a lawsuit against Tesla over a bond contract dispute that arose after Musk tweeted he might take his electric car company private. In a Wednesday hearing in Manhattan federal court, U.S. Magistrate Judge Ona…
(Reuters) – Russia’s Defence Ministry said on Wednesday it would deem all ships travelling to Ukrainian ports to be potential carriers of military cargo and their flag countries to be parties to the conflict on the Ukrainian side. The move follows Russia’s decision this week to pull out of the U.N.-brokered Black Sea grain export…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding fell in June, but permits for future construction rose to a 12-month high as a severe shortage of previously owned houses for sale supports new construction. The decline in housing starts reported by the Commerce Department on Wednesday partially retraced an abnormally large 18.7% surge in…
(Reuters) – The World Health Organization on Wednesday urged governments and local authorities to set up a strong surveillance system for people who are most at risk of severe symptoms from a heatwave that is baking the northern hemisphere. People with cardiovascular and respiratory diseases and diabetes, as well as pregnant women, children and homeless…
By Hannah Lang and Matt Tracy (Reuters) – U.S. financial technology companies are tightening their lending standards, a move that has bolstered their access to debt financing from Wall Street investors, according to industry executives. During the COVID-19 pandemic, many fintechs began lending to borrowers with imperfect credit, but Wall Street investors were comfortable buying…
KYIV (Reuters) – Talks being mediated by Saudi Arabia and Turkey on the repatriation of Ukrainian thousands of children taken to Russia since Moscow’s invasion have been under way since at least April, a source with knowledge of the discussions said on Wednesday. The source confirmed a Financial Times report that Riyadh and Istanbul were…
By Stamos Prousalis and Stelios Misinas ATHENS (Reuters) – Fires raged across Greece on Wednesday, destroying forests on Rhodes and gutting homes close to Athens as a new heatwave loomed and threatened to further stoke tinderbox conditions across the country. Firefighters backed with air water bombers battled a resurgence of flames west of Athens which…
