May 16 (Reuters) – McDonald’s Corp (MCD.N) on Monday became one of the biggest global names to exit Russia, laying out plans to sell all its restaurants after operating for more than 30 years in the country following its invasion of Ukraine. The world’s largest burger chain, which owns about 84% of its nearly 850…
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China’s economy skids as lockdowns hit factories, retailers
April industrial output unexpectedly falls y/y April retail sales falls faster than expected Nationwide jobless rate highest since Feb 2020 Fixed asset investment growth slower than f’cast BEIJING, May 16 (Reuters) – China’s retail and factory activity fell sharply in April as wide COVID-19 lockdowns confined workers and consumers to their homes and severely disrupted…
Shanghai aims to reopen more businesses shut by COVID, Beijing battles on
Shanghai malls, shops to gradually resume in-store operations Some Beijing districts extend work-from-home guidance Shanghai lockdown frustrates, infuriates residents Curbs have rattled global supply chains SHANGHAI/BEIJING, May 15 (Reuters) – Shanghai will gradually begin reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub from Monday after weeks in strict…
Musk says Starlink active in Ukraine as Russian invasion disrupts internet
SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, US, June 13, 2019. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, Feb 26 (Reuters) – SpaceX billionaire Elon Musk said on…
Italy prevents pro-Russian hacker attacks during Eurovision contest
Spectators watch the final of the 2022 Eurovision Song Contest in Turin, Italy, May 14, 2022. REUTERS/Yara Nardi Register now for FREE unlimited access to Reuters.com Register MILAN, May 15 (Reuters) – Italian police warned hacker attacks by pro-Russian groups during the May 10 semi-final and Saturday final of the Eurovision Song Contest in Turin,…
Exclusive: India’s Reliance to acquire dozens of brands in $6.5 billion consumer goods play
Customers buy grocery items inside a superstore of Reliance Industries Ltd, in Mumbai, India, October 7, 2020. REUTERS/Niharika Kulkarni/File Photo Register now for FREE unlimited access to Reuters.com Register India retail giant plans big push in consumer goods business Reliance in late-stage talks with 30 brands for deals-source Indian firm is hiring distributors, executives for…
US joins 55 nations to set new global rules for the internet
WASHINGTON, April 28 (Reuters) – The United States and 55 other nations on Thursday signed a political commitment to push rules for the internet that are underpinned by democratic values, at a time when the US has accused Russia of wielding internet disruptions as a part of its escalating attacks on Ukraine. The commitment, called…
Russia reroutes internet traffic in occupied Ukraine to its infrastructure
Russian flag flies with the Spasskaya Tower of Moscow’s Kremlin in the background in Moscow, Russia February 27, 2019. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register KYIV, May 2 (Reuters) – Russia has rerouted internet traffic in the occupied Ukrainian region of Kherson through Russian communications infrastructure, the internet service disruption…
Russia downed satellite internet in Ukraine -Western officials
US: Russian hack aimed at disrupting Ukrainian communications UK: Hack was ‘deliberate and malicious’ EU: Attack on Viasat caused ‘indiscriminate’ outages Russia routinely denies it carries out cyberattacks NEWPORT, Wales, May 10 (Reuters) – Russia was behind a massive cyberattack against a satellite internet network that took tens of thousands of modems offline at the…