Meta to face record EU privacy fine over Facebook data transfer to US
By Foo Yun Chee and Padraic Halpin (Reuters) – Meta Platforms Inc is set to face a record European Union…
US
US single-family building permits at 7-month high; housing slump persists
By Lucia Mutikani WASHINGTON (Reuters) – Permits for future U.S. single-family homebuilding jumped to a seven-month high in April, giving…
Celsius bankruptcy auction nears end, with Fahrenheit in the lead
By Dietrich Knauth NEW YORK (Reuters) – A lawyer for Celsius Network on Wednesday said the crypto lender hopes to…
House Speaker McCarthy says U.S. debt ceiling deal by Sunday is “doable”
WASHINGTON (Reuters) – House Speaker Kevin McCarthy said on Wednesday that a deal to raise the U.S. debt ceiling limit…
At Hiroshima G7, bomb survivors grapple with a disarmament dream deferred
By Sakura Murakami HIROSHIMA, Japan (Reuters) – The last time a U.S. president visited Hiroshima, atomic bomb survivor Shigeaki Mori…
At Cannes, independent film firms optimistic as streamers stumble
By Miranda Murray CANNES (Reuters) – Independent film companies facing a market upended by the entry of streaming services are…
Global debt on the rise, EM crosses $100 trillion mark – IIF
By Rodrigo Campos NEW YORK (Reuters) – A measure of debt across the globe rose in the first quarter to…
Ukraine denies Russia destroyed Patriot missile defence system
KYIV (Reuters) – Ukraine denied on Wednesday that a Russian hypersonic missile had destroyed a U.S.-made Patriot missile defence system…
Tencent cuts cloud service prices up to 40% to fend off rivals
By Josh Ye HONG KONG (Reuters) -Chinese internet giant Tencent Holdings is cutting prices for cloud services by up to…
Syria’s Assad to steal spotlight at Arab summit after years in the cold
By Aziz El Yaakoubi RIYADH(Reuters) – Syrian President Bashar al-Assad, a pariah for more than a decade, is expected to…