By Andy Sullivan WASHINGTON (Reuters) -One day before midterm elections that could usher in a new era of divided government in Washington, President Joe Biden and his predecessor Donald Trump will hold competing rallies in a final effort to mobilize su…
Mastodon: What is the social network hailed as a Twitter alternative?
By Thomas Escritt BERLIN (Reuters) – With Twitter in disarray since the world’s richest person took control of it last week, Mastodon, a decentralised, open alternative from privacy-obsessed Germany, has seen a flood of new users. “The bird is free,” t…
Wall St struggles for direction as investors brace for midterms; Meta jumps
By Amruta Khandekar and Devik Jain (Reuters) -U.S. stock indexes struggled for direction on Monday, with focus shifting to Tuesday’s midterm elections that will determine control of Congress, while shares of Meta Platforms jumped on a report of job cut…
Exclusive-Crypto exchange Binance helped Iranian firms trade $8 billion despite sanctions
By Angus Berwick and Tom Wilson LONDON (Reuters) – Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to cut Iran off from the global financial system, blockchain data show. Alm…
Stocks rally, dollar slips as sentiment favors risk assets
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) – Equity markets rose and the dollar slid on Monday as investors embraced the idea that China may ease COVID restrictions and burnished hopes the U.S. economy is slowing enough to allow the Fe…
Trump-linked stocks rally on possible 2024 presidential run
By Shreyashi Sanyal and Anisha Sircar (Reuters) -Shares of Digital World Acquisition Corp, the blank-check company looking to take Donald Trump’s social media venture public, rallied on Monday over the former president’s possible run for the 2024 presi…
Apple warns of lower iPhone shipments as COVID curbs hobble China plant
By Ben Blanchard and Jaiveer Shekhawat TAIPEI (Reuters) – Apple Inc expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted plant in China, dampening its sales outlook f…
Ukraine says Russia forces pillage, occupy Kherson homes ahead of battle
By Tom Balmforth KYIV (Reuters) – Ukraine accused Russia on Monday of looting empty homes in the southern city of Kherson and occupying them with troops in civilian clothes to prepare for street fighting in what both sides predict will be one of the wa…
Musk sparks debate on content accuracy with new vision for Twitter
(Reuters) -Twitter Inc’s new CEO Elon Musk said on Sunday the social media platform’s mission was to become the most accurate source of information about the world, sparking debate about how it would achieve that and who determines what is accurate. A …
Analysis-Airlines reboot as COVID sparks a revolution in one-day business trips
By Jamie Freed and Rajesh Kumar Singh SYDNEY/CHICAGO (Reuters) – Airlines around the world are ripping up schedules and bringing in new flights to cope with a COVID-triggered trend in corporate travel for executives like Jerome Harris – the scrapping o…