Australia’s Victoria on alert after first COVID-19 case in two months
Australia’s second most populous state reported a locally acquired COVID-19 case for the first time in more than two months on Tuesday, sending authorities scrambling to find the source of the infection amid concern about a new outbreak.
Explainer: How Malaysia is seeking to recover billions of dollars missing from 1MDB
Malaysia on Monday announced 22 civil suits against entities and people accused of being involved with the massive 1MDB corruption scandal, including units of global banks Deutsche Bank (DBKGn.DE) and JPMorgan (JPM.N). read more The lawsuits are part of a years-long effort by Malaysia to recover billions of dollars missing from 1Malaysia Development Berhad (1MDB) in a scandal that […]
UK government lowers NatWest stake with $1.5 bln share sale
The British government has completed the sale of 1.1 billion pounds ($1.55 billion) in shares of NatWest (NWG.L), lowering its stake in the lender it bailed out over a decade ago to below 55%.
Virgin Galactic ‘evaluating’ timeline for next flight test, shares drop
Billionaire Richard Branson’s Virgin Galactic Holdings Inc (SPCE.N) said on Monday it was evaluating the timing of its next flight test, sending shares down 9.4% in extended trade. “Following Eve’s last post slide inspection, we tagged a potential wear and tear issue as requiring further evaluation and analysis to see if any additional action is necessary,” said […]
Lufthansa extends feeder flight agreement with Condor until May 2022
Lufthansa (LHAG.DE) will extend until May 2022 an agreement that allows passengers of smaller rival Condor to use Lufthansa feeder flights as part of their journey to holiday destinations, a spokesman for the company said on Tuesday. Condor has complained that Lufthansa abused its market dominance when it cancelled the agreement. read more Our Standards: The Thomson Reuters Trust […]
EXCLUSIVE Foxconn’s iPhone output in India down amid COVID surge-sources
Production of the Apple iPhone 12 (AAPL.O) at a Foxconn (2317.TW) factory in India has slumped by more than 50% because workers infected with COVID-19 have had to leave their posts, two sources told Reuters.
India’s seven-day COVID average at new high, WHO issues warning on strain
India’s coronavirus crisis showed scant sign of easing on Tuesday, with a seven-day average of new cases at a record high and international health authorities warning the country’s variant of the virus poses a global concern.
NBA roundup: Anthony Davis drops 42 in Lakers win
Anthony Davis had 42 points and 12 rebounds and the Los Angeles Lakers made 13 shots from 3-point range to overwhelm the Phoenix Suns in a 123-110 win on Sunday night in Los Angeles.
Horse racing-Kentucky Derby winner Medina Spirit fails drug test
Trainer Bob Baffert, who won a record-setting seventh Kentucky Derby with Medina Spirit this month, on Sunday said the dark bay colt had failed a drug test.
‘Cautious hugging’ and pints: UK PM Johnson to ease England’s lockdown
British Prime Minister Boris Johnson will set out on Monday the next phase of lockdown easing in England, giving the green light to “cautious hugging” and allowing pubs to serve customers pints inside after months of strict measures.
