Olympics-ICC prepares bid for cricket’s inclusion in 2028 LA Games

August 10, 2021 NEW DELHI (Reuters) – The International Cricket Council (ICC) is preparing a bid for the game’s inclusion in the 2028 Olympic Games in Los Angeles, the governing body said on Tuesday. Cricket last featured in the 1900 Olympics in Paris and has rarely been played in other multi-sport events, which many believe […]

MLB roundup: Yankees finally close out Royals in 11 innings

August 10, 2021 DJ LeMahieu’s RBI double in the 11th inning gave the New York Yankees a lead they would not relinquish as they defeated the host Kansas City Royals 8-6 Monday night. New York scored two more in the 11th on a single by Brett Gardner and a throwing error. The Yankees tied a […]

Asian airlines offer perks to keep grounded elite flyers on board

August 10, 2021 By Jamie Freed SYDNEY (Reuters) – From wellness workshops to dinner with a celebrity chef and flights to nowhere, Asia’s big international airlines are working hard to keep their most lucrative customers engaged as the pandemic-related travel halt stretches beyond 18 months. While flights are starting to rebound in the United States […]

Reliance joins Bill Gates, others to invest $144 million in U.S. energy storage co

August 10, 2021 BENGALURU (Reuters) – Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Tuesday it would invest $144 million in U.S. energy storage company Ambri Inc, along with billionaire Bill Gates, investment management firm Paulson & Co and others. The investment comes months after Reliance unveiled a $10 billion green energy plan in its […]

Dollar buoyed as healthy U.S. jobs fuel Fed taper talk

August 10, 2021 By Hideyuki Sano TOKYO (Reuters) – The dollar was buoyant on Tuesday, pushing the euro to a four-month low, as a run of strong U.S. job figures solidified expectations the U.S. Federal Reserve could soon start tapering its massive coronavirus-driven stimulus. The prospect of the Fed’s reduced bond-buying pushed down U.S. bond […]

Amazon to pay shoppers hurt by others’ products, does not admit liability

August 10, 2021 (Reuters) – Inc on Tuesday said it would pay customers who suffer injuries or property damage from defective goods others sell on its U.S. platform, in a new policy that could reduce litigation. For years, consumers have sued the world’s largest online retailer, arguing it is liable when a merchant sells […]

S.Korea’s Krafton, maker of hit game ‘PUBG’, tumbles on debut

August 10, 2021 By Joyce Lee and Scott Murdoch SEOUL/HONG KONG (Reuters) – Shares in Krafton Inc, the Tencent Holdings-backed South Korean company behind blockbuster video game “PlayerUnknown’s Battlegrounds” (PUBG), fell as much as 20% from their IPO price on their trading debut on Tuesday. Analysts attributed the tumble to an expensive valuation and China […]

Asian stocks on backfoot as concern over Delta variant saps confidence

August 10, 2021 By Paulina Duran and Matt Scuffham SYDNEY/NEW YORK (Reuters) – Asian stocks started off on a weak footing on Tuesday after a largely soft performance on Wall Street and as persistent concerns over the spread of the Delta variant of the coronavirus dented sentiment and triggered falls in metals and oil prices. […]

Slow growth in Japan’s bank lending shows COVID-19 cash crunch easing

August 10, 2021 By Leika Kihara TOKYO (Reuters) – Japan’s bank lending rose in July at the slowest annual pace in nearly nine years, data showed on Tuesday, a sign companies were emerging steadily from a cash crunch last year caused by the coronavirus pandemic. But the slowdown in lending also reflected sluggish consumption as […]

Japan PM Suga and U.S. President Biden hold talks over phone -Kyodo

August 10, 2021 TOKYO (Reuters) – Japan’s Prime Minister Yoshihide Suga and U.S. President Joe Biden held talks over the phone on Tuesday morning, according to Kyodo. They are believed to have discussed the Tokyo 2020 Olympic Games, which closed on Sunday, according to the report. (Reporting by Sakura Murakami; Editing by Muralikumar Anantharaman)

Oyu Tolgoi review raises doubts over Rio Tinto stance on cost overruns

August 9, 2021 (Reuters) -Turquoise Hill Resources said an independent review of$1.4 billion in cost overruns at the Oyu Tolgoi mine in Mongolia suggested that the project’s troubles were not caused by the geology issues that mine operator Rio Tinto blamed in 2019. The review “raises certain questions in relation to the project management […]

U.S. ratings for Tokyo Olympics slide to half of London games

August 9, 2021 LOS ANGELES (Reuters) -U.S. viewership for the Summer Olympics in Tokyo, a competition clouded by the COVID-19 pandemic, dropped to about half the audience for the London games in 2012, according to data released by Comcast Corp’s NBCUniversal on Monday. The 17-day event attracted an average of 15.5 million primetime viewers on […]