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China says premature to immediately begin a COVID-19 investigation

Health News (Reuters) - Mon, 05/18/2020 - 08:43
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

Singapore's health ministry confirms 305 new coronavirus cases

Health News (Reuters) - Mon, 05/18/2020 - 08:22
Singapore's health ministry confirmed 305 new coronavirus cases on Monday, the smallest increase in over a month, taking its tally of infections to 28,343.
Categories: Health

Panasonic annual profit slides, but Tesla battery venture logs second quarterly gain

Technology News (Reuters) - Mon, 05/18/2020 - 08:16
Japan's Panasonic Corp posted on Monday a 29% drop in annual operating profit amid the coronavirus outbreak but said its battery cells joint venture with major customer Tesla Inc logged a second straight quarterly profit.
Categories: Technology

SoftBank posts record $13 billion operating loss as tech bets slide

Technology News (Reuters) - Mon, 05/18/2020 - 07:36
SoftBank Group Corp on Monday reported a record 1.4 trillion yen ($13 billion) operating loss in the April-March financial year as the value of its tech bets via the $100 billion Vision Fund crumbled.
Categories: Technology

Germany's confirmed coronavirus cases rise by 342 to 174,697: RKI

Health News (Reuters) - Mon, 05/18/2020 - 06:28
The number of confirmed coronavirus cases in Germany increased by 342 to 174,697, data from the Robert Koch Institute (RKI) for infectious diseases showed on Monday.
Categories: Health

SoftBank in talks to sell down T-Mobile US stake to Deutsche Telekom: WSJ

Technology News (Reuters) - Mon, 05/18/2020 - 06:17
SoftBank Group Corp is in talks to sell "a significant portion" of its T-Mobile US stake to controlling shareholder Deutsche Telekom AG, the Wall Street Journal reported on Monday, citing unidentified sources.
Categories: Technology

Alibaba's Jack Ma resigns from SoftBank board

Technology News (Reuters) - Mon, 05/18/2020 - 06:17
SoftBank Group Corp said on Monday that Alibaba co-founder Jack Ma will resign from its board, in the latest departure by a high-profile ally of CEO Masayoshi Son.
Categories: Technology

Apple reopening 25 more U.S. stores, will soon top 100 worldwide

Technology News (Reuters) - Mon, 05/18/2020 - 06:01
Apple Inc will this week reopen more than 25 of its branded stores in the United States, the company said on Sunday, continuing a gradual process that has unlocked doors at nearly a fifth of its worldwide retail outlets.
Categories: Technology

TSMC stops new Huawei orders after U.S. restrictions: Nikkei

Technology News (Reuters) - Mon, 05/18/2020 - 05:58
Taiwan Semiconductor Manufacturing Co Ltd has stopped new orders from Huawei Technologies [HWT.UL] in response to Washington's move aimed at further limiting chip supplies to the Chinese company, the Nikkei reported on Monday, citing multiple sources.
Categories: Technology

Thailand reports three new coronavirus cases, no new deaths

Health News (Reuters) - Mon, 05/18/2020 - 05:58
Thailand on Monday reported three new coronavirus infections and no new deaths, bringing the total to 3,031 confirmed cases and 56 fatalities since the outbreak started in January.
Categories: Health

SoftBank in talks to sell down T-Mobile U.S. stake to Deutsche Telekom - WSJ

Technology News (Reuters) - Mon, 05/18/2020 - 05:40
SoftBank Group Corp is in talks to sell "a significant portion" of its T-Mobile US stake to controlling shareholder Deutsche Telekom AG, the Wall Street Journal reported on Monday citing unidentified sources.
Categories: Technology

Beaches, parks busy as Europe heat wave and U.S. spring test new coronavirus rules

Health News (Reuters) - Mon, 05/18/2020 - 04:56
Summer weather is enticing much of the world to emerge from coronavirus lockdowns as centers of the outbreak from New York to Italy and Spain gradually lift restrictions that have kept millions indoors for months.
Categories: Health

China reports five new coronavirus cases, adviser says risk of second wave remains

Health News (Reuters) - Mon, 05/18/2020 - 04:55
Mainland China reported five new confirmed COVID-19 cases for May 16, down from eight the previous day, the National Health Commission (NHC) said in a statement on Sunday.
Categories: Health

Germany's confirmed coronavirus cases rise by 2 to 174,355: RKI

Health News (Reuters) - Mon, 05/18/2020 - 03:46
The number of confirmed coronavirus cases in Germany increased by 2 to 174,355, data from the Robert Koch Institute (RKI) for infectious diseases showed on Monday.
Categories: Health

SK Hynix shares fall on demand worries after U.S. curbs on Huawei chip supply

Technology News (Reuters) - Mon, 05/18/2020 - 03:33
Shares of South Korea's SK Hynix , the world's No.2 memory chip maker and supplier to Huawei [HWT.UL], fell as much as 3.3% early on Monday after a U.S. move to curb semiconductor supplies to the Chinese company stoked fears about a demand hit.
Categories: Technology

SoftBank proposes three new board members as Alibaba's Jack Ma resigns

Technology News (Reuters) - Mon, 05/18/2020 - 03:24
SoftBank Group Corp said on Monday that Alibaba co-founder Jack Ma will resign from its board, in the latest departure by a high-profile ally of CEO Masayoshi Son.
Categories: Technology

Mexico prepares to resume economic activity as coronavirus cases continue to rise

Health News (Reuters) - Mon, 05/18/2020 - 02:50
Mexico on Sunday reported 49,219 cases of the coronavirus, 2,075 more than the previous day, as the country prepares to resume economic activities deemed essential.
Categories: Health

China reports seven new coronavirus infections

Health News (Reuters) - Mon, 05/18/2020 - 02:35
China reported seven new confirmed coronavirus cases for May 17, up from five a day earlier, the country's health authority said on Monday.
Categories: Health

In Mexico, one of world's biggest food markets stirs unease about infections

Health News (Reuters) - Mon, 05/18/2020 - 01:51
Every day, thousands of Mexicans crowd a massive food market that is a linchpin of the capital's food supply, though it sits at the heart of a major hotspot for the virus.
Categories: Health

SK Hynix shares fall 3% after U.S. tightens rule to curb Huawei's chip supply

Technology News (Reuters) - Mon, 05/18/2020 - 01:37
Shares of SK Hynix , the world's No.2 memory chip maker after Samsung Electronics , fell 3.2% on Monday after the United States on Friday moved to curb shipments of semiconductors to Huawei from global chipmakers.
Categories: Technology
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