Sony restructures leadership of key games business
By Sam Nussey TOKYO (Reuters) - Sony announced two company executives would take new leadership roles at its games unit with responsibility for the technology and content sides of the business. Hideaki Nishino will become CEO of Sony Interactive En...
37m ago
Exclusive-U.S. and Taiwan navies quietly held Pacific drills in April, sources say
TAIPEI (Reuters) - The U.S. and Taiwan navies conducted joint drills in the Pacific in April that, officially, did not take place, four people briefed on the matter said, as the two militaries boost cooperation amid rising Chinese military threats....
37m ago
Walmart to lay off hundreds of corporate staff and relocate others, WSJ reports
(Reuters) - Walmart is cutting hundreds of corporate jobs and asking most remote workers to move to offices, the Wall Street Journal reported on Monday, citing people familiar with the matter. Meanwhile, workers at the U.S. retail giant's smaller o...
37m ago
Oil prices tick up on tighter supply outlook
By Colleen Howe BEIJING (Reuters) - Oil prices rose on Tuesday as the supply-demand balance looked set to tighten on operational disruptions, stronger demand and voluntary output cuts. U.S. West Texas Intermediate crude futures rose 18 cents to $79...
1h ago
Australia's Qantas to suspend flights to Shanghai on low demand
(Reuters) - Qantas Airways will suspend its Sydney-to-Shanghai service from July 28 due to low demand, and will redirect those aircraft to fly other routes across Asia experiencing high demand, Australia's flag carrier said on Tuesday. (Reporting ...
1h ago
Biden signs ban on imports of Russian nuclear reactor fuel into law
By Timothy Gardner WASHINGTON (Reuters) - President Joe Biden signed a ban on Russian enriched uranium into law on Monday, the White House said, in the latest effort by Washington to disrupt President Vladimir Putin's invasion of Ukraine. The ban o...
1h ago
Japan April wholesale inflation steady as weak yen boosts import costs
TOKYO (Reuters) - Japan's wholesale prices rose 0.9% in April from a year earlier, steady from the previous month as the yen's decline pushed up import costs, central bank data showed on Tuesday. The rise in the corporate goods price index (CGPI), ...
1h ago
Missouri man pleads guilty to crashing truck into White House security barriers
(Reuters) - A Missouri man pleaded guilty on Monday to crashing a rented truck into metal barriers surrounding the White House in May 2023, admitting that he had been "fueled by the ideology of Nazi Germany" and hoped to overthrow the U.S. governme...
1h ago
Wegovy weight loss sustained for four years in trial, Novo Nordisk says
By Maggie Fick LONDON (Reuters) - Patients taking Novo Nordisk's popular Wegovy obesity treatment maintained an average of 10% weight loss after four years on the treatment, the company said on Tuesday. Novo presented the new long-term data at the ...
2h ago
Rumble sues Google over digital advertising practices
WASHINGTON (Reuters) - Video sharing platform Rumble said on Monday it has sued Google, arguing the tech giant has engaged in anticompetitive practices across its range of digital advertising products and sought damages in excess of $1 billion. Th...
2h ago