A closer look: China’s Xiaomi launches investigations into India’s main market

A man walks past the logo of Xiaomi, the Chinese consumer electronics manufacturer, outside a store in Mumbai, India, May 11, 2022. REUTERS/Francis Mascarenhas Register now to get free unlimited access to Reuters.com Register NEW DELHI (Reuters) – Chinese smartphone giant Xiaomi Corp (1810.HK) It faces legal problems in India as a federal financial crime … Read more

North Korea reports first outbreak of COVID-19, orders shutdown in ‘most severe emergency’

North Korea declares ‘most dangerous national emergency’ The possibility of an “unprecedented crisis” for Kim Jong-un – expert The isolated country rejected the international offer of the vaccine No North Korean civilians are believed to have been vaccinated SEOUL (Reuters) – North Korea on Thursday confirmed the first outbreak of the COVID-19 virus, calling it … Read more

NATO welcomes Nordic members as Ukraine pushes Russian forces back

Finland expected to announce its attempt to join NATO Ukraine stops the main route for transporting Russian gas to Europe Russia imposes sanctions on Gazprom units in Europe and the United States Ukrainian forces seek to cut Russian supply lines on the battlefield Kyiv/BRUSSELS (Reuters) – Finland is expected to announce on Thursday its intention … Read more

Google’s second attempt at computer glasses translates conversations in real time

May 11 (Reuters) – It’s hard to see science fiction at Google’s second attempt at glasses with a built-in computer. A decade after the advent of Google Glass, a pair of hackneyed specs and sci-fi that depicted what the wearer saw but raised privacy concerns and scored low for design, Alphabet Inc. (GOOGL.O) The unit … Read more

Stocks turn red in choppy session, yields fall after US inflation data

NEW YORK/MILAN (Reuters) – Wall Street stocks fell sharply, along with Treasury yields, in a volatile session on Wednesday, as oil prices soared and investors worried about the prospect of an economic slowdown. US stock indices rose and fell after US data showed higher-than-expected core inflation, excluding items such as oil prices. Some investors were … Read more

Disdain for Russian diplomats in European capitals

Russian embassies lose car insurance, access to banks Foreign Minister Lavrov says his envoys should not go out alone Russia demands apology for paint accident Warns of possible further action WARSAW/VILNIUS (Reuters) – Russian diplomat Sergei Andreev felt unwelcome on the streets of Warsaw even before protesters poured red liquid on his face from a … Read more

Russia brought down satellite internet in Ukraine – Western officials

US: Russian hack aims to disrupt Ukrainian communications UK: Hack was ‘intentional and malicious’ EU: Viasat attack caused ‘random’ outages Russia routinely denies carrying out cyberattacks NEWPORT, Wales, May 10 (Reuters) – Russia was behind a massive cyber attack on a satellite internet that knocked out tens of thousands of modems at the start of … Read more

Ukraine halts transport of major Russian gas to Europe, blaming Moscow

Gas pipelines at the Atamanskaya compressor station, a facility of the Gazprom Power of Siberia project outside the far eastern town of Svobodny, in the Amur region, Russia, November 29, 2019. REUTERS/Maxim Shemetov. Register now to get free unlimited access to Reuters.com Register Kyiv/LONDON (Reuters) – Ukraine said on Tuesday it would suspend the flow … Read more

Stablecoin Terra’s broken dollar peg hits broader crypto markets

A bank for cryptocurrency miners operates at the Scrubgrass plant in Kennerdale, Pennsylvania, US, March 8, 2022. REUTERS/Alan Fried Register now to get free unlimited access to Reuters.com Register HONG KONG, May 10 (Reuters) – TerraUSD, one of the world’s largest stablecoins, lost a third of its value on Tuesday, spooking crypto investors and partly … Read more

The US Congress plans about an additional $40 billion to help Ukraine and the COVID-19 wait

WASHINGTON (Reuters) – U.S. Congressional Democrats have agreed to pay $39.8 billion in additional aid to Ukraine, two sources familiar with the proposal said on Monday, easing concerns that a vote delay could disrupt the flow of U.S. weapons to the Kyiv government. The House can pass the plan, which exceeds President Joe Biden’s request … Read more