By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried, the indicted founder of the bankrupt FTX cryptocurrency exchange, on Tuesday said he never sought to intimidate witnesses at his scheduled October fraud trial, and there is no reason to jail him. In a letter to U.S. District Judge Lewis Kaplan in Manhattan, Bankman-Fried said prosecutors mischaracterized…
SYDNEY (Reuters) – A former Australian childcare worker has been charged with 1,623 child abuse offences against 91 children between 2007 and 2022, federal police said on Tuesday. The 45-year-old man has been in custody in Queensland state since August 2022 when police arrested and charged him initially for making child exploitation material. Police alleged…
(Reuters) – Anti-aircraft units worked to shoot down drones attacking the Ukrainian capital, Kyiv, early on Wednesday, with drone debris falling in three districts but causing no injuries, Mayor Vitali Klitschko and military officials said. Klitschko, writing on the Telegram messaging app, said that debris had fallen in the central Solomianskyi district and that a…
ASHGABAT (Reuters) – Turkmenistan’s flagship airline has suspended flights to Moscow, it said on Wednesday, citing safety concerns after Ukrainian drone attacks on the Russian capital. “Due to the situation in the Moscow air zone, and based on a risk assessment in order to ensure flight safety, all Turkmenistan Airlines flights on the Ashgabat-Moscow-Ashgabat route…
BEIJING (Reuters) -Volkswagen is in talks with Chinese electric vehicle startup Zhejiang Leapmotor Technology about the possibility of cooperation for Volkswagen’s Jetta brand, a Chinese media outlet reported on Wednesday, citing sources. A joint venture between VW and state-owned Chinese automaker FAW Group could “buy” a platform of EV technologies from Leapmotor, according to the…
TOKYO (Reuters) -Subaru will target annual sales of 600,000 battery electric vehicles by 2030 so that they make up 50% of its global sales target, the Japanese automaker said on Wednesday. It also said it planned to invest about 1.5 trillion yen ($10.51 billion) by around the start of next decade in electrification. “The coming…
(Reuters) -U.S.-German medical device maker Siemens Healthineers on Wednesday confirmed its outlook for the year despite an unexpected drop in quarterly operating profit amid delivery delays at cancer treatment specialist Varian. Adjusted earnings before interest and taxes (EBIT) fell 3% to 740 million euros ($812.59 million) in the third quarter, below the 773 million euros…
(Reuters) -Binance users traded cryptocurrency-related assets worth $90 billion in a single month in China, where such trading has been illegal since 2021, the Wall Street Journal reported, citing internal figures, and current and former employees of the exchange. The transactions made China Binance’s biggest market by far, accounting for 20% of volume worldwide, excluding…
BEIJING (Reuters) – China has rolled out a series of policy measures in recent weeks to support the economy as its post-pandemic recovery falters, and more steps are expected. The world’s second-largest economy staged a solid rebound in the first quarter after COVID curbs were removed, but the recovery has faded as demand at home…
By Sarah N. Lynch (Reuters) – Jack Smith, the U.S. special counsel who on Tuesday filed a second federal criminal indictment against Donald Trump, has a reputation for winning tough cases against war criminals, mobsters and crooked cops. Appointed last November by Attorney General Merrick Garland to take over two Justice Department investigations involving Trump,…