News stories for Reuters - Business Recorder

Reuters

World

Tunisia's main party holds street protest, escalating government row

"We are telling Saied we are not ready to lose the democratic process," said one protester, Ahmed Ben Ali.
Mechichi then turned for support to the two biggest parties in parliament - Ennahda and jailed media mogul Nabil Karoui's Heart of Tunisia.

Updated 27 Feb, 2021 09:08pm

World

One killed and one wounded in oxygen explosion at Ukraine hospital

Earlier in February, three intensive care patients and a ward doctor died in a fire in a hospital treating coronavirus cases in Zaporizhzhya in southeastern Ukraine.
Ukraine has registered more 1.3 million coronavirus cases with 25,893 deaths so far. Chernivtsi is currently among the regions with most new COVID-19 cases.

Updated 27 Feb, 2021 09:08pm

World

Russian scientists say Sputnik V performs well against COVID mutations

"(A) recent study carried out by the Gamaleya Centre in Russia showed that revaccination with Sputnik V vaccine is working very well against new coronavirus mutations, including the UK and South African strains of coronavirus.
We believe that vector-based vaccines are actually better for future revaccinations than vaccines based on other platforms.

Updated 27 Feb, 2021 09:08pm

Business & Finance

Berkshire Hathaway profit rises, helped by stock gains

Fourth-quarter operating income rose to $5.02 billion from $4.42 billion a year earlier, it said.
Net income, reflecting the stock gains, rose 23% to $35.84 billion from $29.16 billion a year earlier.

Updated 27 Feb, 2021 09:08pm

World

Military honours and fly-past mark funeral of Britain's Captain Tom

In the run up to his 100th birthday last year, he had been challenged to walk 100 laps of his garden to raise a modest 1,000 pounds.
In line with current pandemic restrictions, the funeral at Bedford Crematorium in central England was attended by just eight members of Moore's immediate family. It was televised, however.

Updated 27 Feb, 2021 09:08pm

World

Italy tightens COVID-19 curbs in several regions as cases pick up

Italy has established a four-tier colour-coded system (white, yellow, orange and red) which allows for measures to be calibrated according to infection levels, with assessments revised every week.
In these areas restaurants and bars are closed except for take-aways and people are not allowed to leave their towns except for emergencies, work and health reasons.

Updated 27 Feb, 2021 09:08pm

World

UAE supports Saudi position on U.S. Khashoggi report - state news agency

The UAE’s foreign ministry “expressed its confidence in and support for the Saudi judiciary rulings, which affirm the kingdom’s commitment to implementing the law in a transparent and impartial manner, and holding all those involved in this case accountable,” WAM said.

Published 27 Feb, 2021 06:01pm

Technology

India's Reliance partners with Google, Facebook for digital payment network bid: ET

Set up in 2008, NPCI is a not-for-profit company, which as of March 2019 counted dozens of banks as its shareholders, including the State Bank of India, Citibank and HSBC.
A spokesperson for Infibeam declined comment on the report, saying the company was bound by the confidentiality of process, while Reliance, Google and Facebook did not immediately respond to a request for comment.

Published 27 Feb, 2021 05:58pm

World

Myanmar police launch most extensive crackdown; one woman shot and wounded

Police launched their most sweeping crackdown in three weeks of protests against military rule on Saturday in towns and cities across Myanmar, and one woman was shot and wounded and dozens of people were detained.
Three domestic media outlets said earlier that the woman shot in the central town of Monwya had died but an ambulance service official said she was in hospital. The circumstances of the shooting were not clear.

Updated 27 Feb, 2021 06:02pm

Business & Finance

Banks weigh up home working - the new normal or an aberration?

HSBC and Lloyds are getting rid of as much as 40% of their office space as an easy way to make savings when bank profits have been crunched by the pandemic.

Published 27 Feb, 2021 01:48pm

Business & Finance

SoftBank reaches settlement with former WeWork CEO Neumann

SoftBank, the new owner of the office-sharing firm, did not disclose terms of the settlement. Media reports earlier this week indicated the deal includes a nearly $500 million cut in Neumann’s payout from SoftBank.

Published 27 Feb, 2021 10:43am

Business & Finance

AMC Entertainment approves millions in bonuses to top executives

In a regulatory filing on Friday, the company said Chief Executive Officer Adam Aron would receive $3.75 million as bonus, while other top executives are entitled to bonuses of $173,000 to $507,000.

Published 27 Feb, 2021 10:33am

Business & Finance

Robinhood plans confidential IPO filing as soon as March - Bloomberg News

The California-based brokerage has held talks in the past week with underwriters about moving forward with a filing within weeks, Bloomberg said.

Published 27 Feb, 2021 10:29am

Markets

French wheat, barley mostly in good shape after winter

PARIS: Most wheat and barley crops in France, the European Union's biggest grain producer, remain in good condition...