(Reuters) – A citizen of the United Kingdom who was extradited to New York from Spain last month has pleaded guilty to cyberstalking and computer hacking schemes, including the 2020 hack of the social media site Twitter, the U.S. Justice Department said on Tuesday. Joseph James O’Connor, 23, was charged in both North Dakota and…
By Sam Nussey and Kiyoshi Takenaka TOKYO (Reuters) – SoftBank Group Corp reports earnings on Thursday amid an uptick in some stocks held by its Vision Fund unit, and with the market thirsty for details on its upcoming listing of Arm aimed at bolstering the investment company’s balance sheet. The fourth-quarter earnings come after the…
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will debate an exit strategy from its ultra-loose monetary policy, and communicate it to the public, once prospects to achieve stable inflation are in place. Speaking in parliament, Ueda said it was too early to discuss specific plans…
By Steve Holland WASHINGTON (Reuters) – President Joe Biden and top lawmakers agreed on Tuesday to further talks aimed at breaking a deadlock over raising the $31.4 trillion U.S. debt limit, with just three weeks before the country may be forced into an unprecedented default. After about an hour of talks in the Oval Office,…
(Reuters) -Electric vehicle (EV) startup Faraday Future Intelligent Electric on Tuesday said it was raising $100 million in debt as it aims to achieve initial deliveries of its flagship FF 91 Futurist vehicle after a funding crunch led to multiple delays. The company said it will also use the new debt funding to ramp up…
(This May 8 story has been corrected to say that Mitsubishi Motors made the comment last month, not last week, in paragraph 18) SHANGHAI (Reuters) – China is ground zero for the price war in electric vehicles and the battleground is shifting to SUV-styled EVs, the largest segment of the market, dominated by Tesla Inc…
By Kate Lamb LABUAN BAJO, Indonesia (Reuters) – Southeast Asian leaders meeting in Indonesia called on Wednesday for an immediate end to hostilities in military-ruled Myanmar, in an effort to create a window for urgent dialogue and aid delivery as fighting intensifies. The summit of the Association of Southeast Asian Nations (ASEAN) was expected to…
By Scott Murdoch and Lewis Jackson SYDNEY (Reuters) -Planning for Virgin Australia’s upcoming initial public offering (IPO) is “well advanced”, Chairman Ryan Cotton said on Wednesday in an internal email that also outlined bonus payments to the airline’s shareholders and staff after a return to profit. Cotton said Australia’s second-biggest airline was days away from…
HONG KONG (Reuters) -Hong Kong’s Security Chief Chris Tang criticised an opinion piece in the Wall Street Journal (WSJ) on a seizure by authorities of a statue commemorating Beijing’s Tiananmen Square crackdown on democracy protesters in 1989. Tang said in a letter to the newspaper that the WSJ opinion piece, titled “Subversive Art is a…
By Khalid Abdelaziz KHARTOUM (Reuters) -Residents of Sudan’s capital reported heavy air strikes in central Khartoum on Tuesday amid a surge in looting while Saudi Arabia said negotiators were working toward a short-term ceasefire. Witnesses said the army unleashed intense air bombardment in the centre of Khartoum and around the presidential palace. The rival Rapid…
