By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp on Friday cut its full-year operating profit outlook after a 75% slump in second-quarter profit – dismal results that heighten the uncertainty surrounding its prospects for a buyout deal. The Japanese in…
Crypto firm FTX files for bankruptcy, Bankman-Fried exits
By Alun John and Hannah Lang LONDON (Reuters) -Crypto exchange FTX filed for U.S. bankruptcy proceedings on Friday and founder Sam Bankman-Fried stepped down as CEO, in a stunning downfall that has sent shock waves through markets and drawn calls for b…
Cricket-Pakistan drawing inspiration from ’92 win over England: Hayden
By Ian Ransom MELBOURNE (Reuters) – Pakistan have soaked up stories from the landmark 1992 Cricket World Cup final win over England in the lead up to Sunday’s Twenty20 decider and hope to share their own tales of triumph in years to come, team mentor M…
NASA’s new moon rocket tested by hurricane-force winds at Florida launchpad
By Joey Roulette (Reuters) – NASA’s new $4 billion moon rocket endured fierce winds and heavy rains early Thursday as it rode out Hurricane Nicole on its Florida launchpad, apparently with only minor damage, according to an early NASA inspection in the…
Global CO2 emissions to rise again, climate goals at risk, scientists say
By Kate Abnett SHARM EL SHEIKH, Egypt (Reuters) – Global carbon dioxide emissions from burning fossil fuels are on track to rise around 1% this year, scientists said on Friday, warning this would make it harder for the world to avoid disastrous levels …
Dior transforms Harrods in London with glittering holiday light display
By Hanna Rantala and Mimosa Spencer LONDON (Reuters) – French fashion label Christian Dior kicked off the holiday shopping season in London on Thursday, unveiling a Christmas spectacle at Harrods – with tennis star Emma Raducanu presiding over the even…
Analysis-Ron DeSantis’ big election night shakes 2024 White House field
By James Oliphant WASHINGTON (Reuters) -Florida Governor Ron DeSantis arguably had the best night of anyone on Election Day, trouncing his Democratic opponent on his way to re-election and cementing himself as the Republican Party’s top rising star. Wh…
Exclusive-Glencore, Chad creditors agree in principle on terms of debt treatment – source
By Andrea Shalal WASHINGTON (Reuters) – Switzerland-based Glencore, China and Chad’s other creditors have reached an agreement in principle on a debt treatment plan for the African country that should be finalized in coming days, a source close to the …
Exclusive-Political leaders drawn into $2 billion Airbus-Qatar jet dispute
By Tim Hepher and Elizabeth Pineau PARIS (Reuters) – A dispute between Airbus and Qatar Airways over grounded A350 jets rose to the attention of French and Qatari leaders, according to a French official and internal Airbus emails recently released as p…
Musk tells Twitter staff: Bankruptcy isn’t out of the question- Platformer
(Reuters) – Twitter owner Elon Musk told employees on Thursday that he is not sure how much run rate the company has and that bankruptcy is not out of the question, the Managing Editor of tech newsletter Platformer tweeted. Musk is participating in an …