Musk told banks he will rein in Twitter pay, make money from tweets

April 29 (Reuters) – Elon Musk told banks that agreed to help fund his $ 44 billion acquisition of Twitter Inc (TWTR.N) that he could crack down on executive and board pay at the social media company in a push to slash costs, and would develop new ways to monetize tweets, three people familiar with … Read more

‘Our blood is boiling’: Victims angry as son of dictator closes in on Philippine presidency

MANILA, May 5 (Reuters) – Former political prisoner Cristina Bawagan still has the dress she wore the day she was arrested, tortured and sexually abused by soldiers during the late Philippines’ dictator Ferdinand Marcos’s brutal era of martial law. Bawagan fears the horrors of Marcos’s rule would be diminished if his namesake son wins the … Read more

Musk told banks he will rein in Twitter pay, make money from tweets, sources say

Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul / Pool via REUTERS / File Photo Register now for FREE unlimited access to Reuters.com Register April 28 (Reuters) – Elon Musk told banks that agreed to help fund his $ 44 billion … Read more

The case for testing Pfizer’s Paxlovid for treating long COVID

Two long COVID patients recover after Paxlovid treatment Side effects, safety issues need to be studied CHICAGO, April 18 (Reuters) – Reports of two patients who found relief from long COVID after taking Pfizer Inc’s (PFE.N) antiviral Paxlovid, including a researcher who tested it on herself, provide intriguing evidence for clinical trials to help those … Read more

Drugs running out, surgeries canceled as Sri Lanka’s health system buckles

Sri Lankan healthcare system hit hard by economic crisis Some patients unable to access key drugs through state hospitals Some medical procedures being suspended due to shortages Officials hope aid from India, WHO will relieve pressure COLOMBO, April 12 (Reuters) – Rosanne White was first diagnosed with cancer eight years ago and lost a kidney. … Read more

Ukraine conflict hurts Russian science, as West pulls funding

Europe halts scientific cooperation with Russia after invasion Cooperation built since the fall of Soviet Union unravels Tens of millions of dollars in scientific funding suspended LONDON, April 10 (Reuters) – Dozens of international scientists have arrived each year since 2000 at the remote Northeast Science Station on the Kolyma River in Siberia to study … Read more

EXCLUSIVE China’s Sinopec pauses Russia projects, Beijing wary of sanctions -sources

March 25 (Reuters) – (March 25, story corrects to show that Novatek did not respond to requests for comment, not that it declined to comment) China’s state-run Sinopec Group has suspended talks for a major petrochemical investment and a gas marketing venture in Russia, sources told Reuters, heeding a government call for caution as sanctions … Read more

Inside China’s electric drive for swappable car batteries

DETROIT / BEIJING, March 25 (Reuters) – A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with problems and not suitable for widescale use”. It seems Beijing disagrees. In fact, China is pushing hard for swappable batteries for electric vehicles (EVs) as a supplement to regular vehicle charging, with … Read more

Column: Economic war pushes business cycle to tipping point

LONDON, March 23 (Reuters) – “The longer the war goes on, the greater the chance of an economic recession,” the chief executive of commodity trader Vitol said on Tuesday at a business leaders’ conference organized by the Financial Times. Recession risks were already elevated before Russia’s invasion of Ukraine and the subsequent surge in commodity … Read more

Pressed to choose sides on Ukraine, China trade favors the West

WASHINGTON, March 21 (Reuters) – US President Joe Biden’s warning of “consequences” for any aid China may give to Russia’s war effort could force Chinese President Xi Jinping to choose between a longstanding lucrative trade relationship with the West and a growing strategic partnership with Moscow. Based on trade flows alone, Beijing has a lot … Read more