By Samrhitha A and Svea Herbst-Bayliss (Reuters) – Ryan Cohen, the billionaire investor whose bold bet on GameStop Corp made him a hero to meme stock traders, took over as executive chairman on Wednesday after the video game retailer ousted its CEO and posted a bigger-than expected quarterly loss. Investors pushed the stock price down …
GameStop ousts CEO, elevates Cohen as sales fall again Read More »
By Jonathan Stempel NEW YORK (Reuters) – The former JPMorgan Chase & Co executive accused of shepherding the bank’s relationship with Jeffrey Epstein formally denied involvement in the disgraced financier’s sex trafficking, and blamed JPMorgan for keeping him as a client. In Wednesday night filings in Manhattan federal court, Jes Staley said his dealings with …
Former JPMorgan executive Staley rejects bank’s Jeffrey Epstein accusations Read More »
TAIPEI (Reuters) -Taiwan activated its defence systems on Thursday after reporting 37 Chinese military aircraft flying into the island’s air defence zone, some of which then flew into the western Pacific, in Beijing’s latest mass air incursion. China, which views democratically governed Taiwan as its own territory, has over the past three years regularly flown …
Taiwan activates air defence as China aircraft enter zone Read More »
By Viktoriia Lakezina and Max Hunder KHERSON, Ukraine (Reuters) – Ukrainians abandoned inundated homes on Wednesday as floods crested across the south after the destruction of a huge hydroelectric dam on front lines between Russian and Ukrainian forces, with their presidents trading blame for the disaster. Residents slogged through flooded streets carrying children on their …
Ukrainians face homelessness, disease risk as floods crest from burst dam Read More »
(Reuters) -U.S., Taiwanese and Japanese forces will share real-time data from reconnaissance drones to strengthen coordination, the Financial Times reported on Wednesday, citing people familiar with the project. Taiwan’s defense ministry said it had no knowledge of what it called “speculation”. Late in the Trump presidency, the U.S. announced more than $5 billion in arms …
US, Taiwan, Japan drone fleets to share real-time data -FT Read More »
By Swati Bhat and Sudipto Ganguly MUMBAI (Reuters) -India’s central bank kept its key lending rate steady for a second straight policy meeting on Thursday, as widely expected, but signalled that monetary conditions will remain tight for some time as it looks to further curb inflationary pressures. Despite hitting an 18-month low of 4.70% in …
India central bank holds rates as expected, signals tight policy ahead Read More »
KHARTOUM (Reuters) -A massive fire broke out on Wednesday near a military complex containing an arms factory in southern Khartoum that Sudan’s army has battled to defend in some of the fiercest fighting for weeks in its conflict with a rival faction, witnesses said. The paramilitary Rapid Support Forces (RSF), in the eighth week of …
Massive fire as Sudanese factions battle for control of arms factory Read More »
LOS ANGELES (Reuters) – A Hollywood actor who has appeared on such TV shows as “Arrested Development” and the cartoon hit “Bob’s Burgers,” was arrested on Wednesday for his role in the U.S. Capitol riot of Jan. 6, 2021, that sought to keep Donald Trump in the White House. Jay Johnston, 54, became the latest …
Hollywood actor becomes latest arrested in Jan 6 Capitol assault Read More »
By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares snapped a four-day winning streak on Thursday, weighed by auto and consumer stocks after the Reserve Bank of India pushed bets of a rate cut further ahead, with inflation seen to be staying above its target. The blue-chip Nifty 50 index closed 0.49% lower at 18,634.55, while the …
Indian shares slide as RBI signals tight policy ahead Read More »
(Reuters) – Pilots on the Air India plane that was stranded in Russia had received an indication of low oil pressure in one engine, forcing them to land at a nearby airport, the airline said on Thursday. Air India’s replacement flight to ferry passengers to the original destination of San Francisco landed on Thursday, with …
Air India says low engine oil pressure caused diversion to Russia Read More »
