By Tom Wilson and Pushkala Aripaka LONDON (Reuters) – The cryptocurrency arm of Jump Trading said on Thursday it had restored more than $320 million to crypto platform Wormhole after the decentralized finance site was hit with one of the largest crypto…
Analysis-A change of style? UK’s Johnson fights for political survival
By Elizabeth Piper LONDON (Reuters) -British Prime Minister Boris Johnson has promised to shake up operations in his 10 Downing Street office to try to survive his gravest crisis yet over boozy events held at the heart of power during COVID-19 lockdown…
Britain’s BT still in the game with Discovery sport tie-up
By Paul Sandle and Dawn Chmielewski LONDON/LOS ANGELES (Reuters) – BT said it would merge its sports TV unit with Discovery’s Eurosport in Britain and Ireland, enabling it to retain Premier League soccer for its customers while sharing the burden of ex…
Succession scramble grips Italian family firms after COVID scare
By Valentina Za, Elisa Anzolin and Elvira Pollina MILAN (Reuters) – For years Dionisio Archiutti had seen his father toy with the idea of bringing a new investor into the family business, but he knew time would not necessarily help the 80-year-old deci…
Explainer-The U.S. yield curve has been flattening: Why you should care
By Davide Barbuscia and David Randall NEW YORK (Reuters) – The U.S. Treasury yield curve has been flattening over the last few months as the Federal Reserve prepares to hike rates, and some analysts are forecasting more extreme moves or even inversion….
Attacks on Pakistan military bases kill seven soldiers, 13 insurgents- army
By Gul Yousafzai and Asif Shahzad QUETTA, Pakistan (Reuters) -Insurgents armed with bombs and guns attacked two Pakistani military bases overnight, killing seven soldiers while losing 13 of their own men, the army said on Thursday, in the latest violen…
U.S. safety regulator reviews Tesla driver complaints over false braking
San Francisco (Reuters) – The U.S. safety regulator said on Wednesday that it is reviewing consumer complaints that Tesla vehicles are activating the brakes unnecessarily, in the latest regulatory scrutiny of Tesla’s vehicle safety. In May, Tesla chief…
UAE says it destroyed three drones that entered its airspace
DUBAI (Reuters) -The United Arab Emirates intercepted and destroyed three drones that entered the Gulf nation’s airspace over unpopulated areas early on Wednesday, the defence ministry said. The commercial and tourism hub has faced several attacks in t…
Whoopi Goldberg suspended from ‘The View’ over Holocaust remarks
By Dan Whitcomb and Radhika Anilkumar (Reuters) – Whoopi Goldberg was suspended from ABC’s “The View” talk show on Tuesday for asserting a day earlier that the Holocaust was “not about race,” the network’s news division president said, addressing a fur…
Hundreds pay tribute to fallen New York police officer
(Reuters) – New York City police officer Wilbert Mora was remembered for his love for a job he had wanted since he was a boy, his gentle personality and his heroism during a St. Patrick’s Cathedral funeral on Wednesday, two weeks after he was killed re…