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Tech firms sweeten deals for U.S. banks cutting costs in crisis

Technology News (Reuters) - Mon, 05/18/2020 - 13:08
Top technology services firms are offering payment deferrals, discounts of up to 20% and other sweeteners to some U.S. banks to keep their business as the pandemic forces Wall Street to cut tech budgets, according to executives involved in the talks.
Categories: Technology

Panasonic sees strong demand from Tesla, in talks to expand Nevada battery plant

Technology News (Reuters) - Mon, 05/18/2020 - 13:04
Panasonic Corp's finance chief said the company is seeing strong demand for battery cells from U.S. partner Tesla and they are in talks to expand their joint plant in Nevada, which is now profitable.
Categories: Technology

Russia's new coronavirus cases below 10,000 for third day in a row

Health News (Reuters) - Mon, 05/18/2020 - 12:51
Russia on Monday reported 8,926 new cases of the novel coronavirus in the last 24 hours, pushing its nationwide case tally to 290,678.
Categories: Health

Swiss president opens WHO assembly with praise for chief

Health News (Reuters) - Mon, 05/18/2020 - 12:49
Switzerland's President opened the World Health Organization's annual assembly in Geneva on Monday, pledging her country's "full support and cooperation" to its leader as it coordinates the global response to the coronavirus pandemic.
Categories: Health

#IndonesiaWhatever: Indonesians vent online over virus response

Health News (Reuters) - Mon, 05/18/2020 - 12:32
A flood of criticism of the Indonesian government's response to the coronavirus pandemic and the behaviour of many Indonesians has appeared on social media under a hashtag that translates as #IndonesiaWhatever.
Categories: Health

What you need to know about the coronavirus right now

Health News (Reuters) - Mon, 05/18/2020 - 12:07
Here's what you need to know about the coronavirus right now:
Categories: Health

Thermo Fisher launches 39 euros/share bid for Qiagen

Health News (Reuters) - Mon, 05/18/2020 - 11:46
U.S. life science tools company Thermo Fisher on Monday launched its agreed $11.5 billion takeover offer for Qiagen, calling on investors of the German genetic testing specialist to tender their shares.
Categories: Health

Hong Kong's Hang Seng benchmark paves way to include Alibaba

Technology News (Reuters) - Mon, 05/18/2020 - 11:30
The Hang Seng Index made rule changes on Monday to allow it to incorporate Chinese internet giants Alibaba, Xiaomi and Meituan Dianping, a move set to shake up the composition of the 50-year-old index.
Categories: Technology

Australia welcomes growing support for COVID-19 inquiry at WHO meeting

Health News (Reuters) - Mon, 05/18/2020 - 11:25
A resolution pushed by the European Union and Australia calling for a review into the origins and spread of the novel coronavirus has the support of 116 countries at the World Health Assembly, almost enough for it to pass, a document showed.
Categories: Health

UK researchers test dogs' ability to sniff out COVID-19

Health News (Reuters) - Mon, 05/18/2020 - 11:19
Dogs' ability to sniff out whether people are infected with COVID-19 will be put to the test by British researchers, in a bid to develop a fast, non-invasive means of detecting the disease.
Categories: Health

Indonesia reports 496 new coronavirus infections, 43 deaths

Health News (Reuters) - Mon, 05/18/2020 - 11:06
Indonesia reported on Monday 496 new coronavirus infections, taking the total in the Southeast Asian country to 18,010, said health ministry official Achmad Yurianto
Categories: Health

SoftBank Vision Fund records $18 billion operating loss, portfolio slides underwater

Technology News (Reuters) - Mon, 05/18/2020 - 10:56
Japan's SoftBank Group Corp reported a stunning $18 billion loss at its giant Vision Fund, pushing Masayoshi Son's conglomerate to a record loss and highlighting the deepening crisis at its portfolio companies from the global downturn.
Categories: Technology

U.S. likely to back call for independent evaluation of WHO's handling of coronavirus: envoys

Health News (Reuters) - Mon, 05/18/2020 - 10:56
Health ministers from around the world are expected to call for an independent evaluation of the World Health Organization's handling of the COVID-19 pandemic during a WHO meeting on Monday.
Categories: Health

Malaysia reports 47 new coronavirus cases with no new deaths

Health News (Reuters) - Mon, 05/18/2020 - 10:37
Malaysian health authorities on Monday reported 47 new coronavirus cases, bringing the cumulative total to 6,941 cases.
Categories: Health

Remdesivir close to EU's initial authorisation as COVID-19 treatment

Health News (Reuters) - Mon, 05/18/2020 - 10:36
The head of the European Union's medicines agency Guido Rasi said on Monday an initial authorisation for U.S. pharmaceutical company Gilead's remdesivir as a COVID-19 treatment could be granted in coming days.
Categories: Health

Huawei says expect business impact from U.S. move to cut off chip supply

Technology News (Reuters) - Mon, 05/18/2020 - 10:26
Huawei Technologies said on Monday that its business will be inevitably impacted by the latest U.S. move to restrict chip sales to the Chinese technology company, but it is confident of finding solutions soon.
Categories: Technology

Philippines records seven novel coronavirus deaths, 205 more cases

Health News (Reuters) - Mon, 05/18/2020 - 10:19
The Philippines' health ministry on Monday reported seven new coronavirus deaths and 205 additional infections.
Categories: Health

Teva Pharm gets approval in China for Huntington's treatment

Health News (Reuters) - Mon, 05/18/2020 - 10:08
China has given the greenlight to Teva Pharmaceutical Industries' Austedo treatment for Huntington's disease, the company said on Monday.
Categories: Health

India's Swiggy to lay off 1,100 employees as COVID-19 hits online food orders

Technology News (Reuters) - Mon, 05/18/2020 - 09:59
Indian food delivery startup Swiggy said on Monday it would lay off 1,100 employees, or nearly 14% of its workforce, to cut costs, as a weeks-long nationwide lockdown to curb the coronavirus outbreak hits demand for online food ordering.
Categories: Technology

China says premature to immediately begin a COVID-19 investigation

Health News (Reuters) - Mon, 05/18/2020 - 09:43
China's foreign ministry said on Monday it was premature to immediately launch an investigation into the origins and spread of the coronavirus that has killed more than 300,000 people globally.
Categories: Health
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