Microsoft-Activision deal back in hands of UK regulator after court pauses appeal

LONDON (Reuters) -Microsoft’s Activision Blizzard deal is back in the hands of Britain’s antitrust regulator after an appeals court granted an adjournment, and the grounds for why the UK should reconsider its block on the U.S. software giant’s takeover were published. The Competition and Markets Authority (CMA) set out on Friday Microsoft’s arguments for the…

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Chinese cities brace for floods as heat scorches inland regions

By Ryan Woo and Liz Lee BEIJING (Reuters) – Several Chinese cities including Shanghai and Beijing braced for flooding on Friday while inland regions baked in heat threatening to shrink the country’s biggest freshwater lake. Wild weather swings have gripped China since April, causing deaths, damaging infrastructure, wilting crops, and raising fears over its ability…

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