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U.S. raises concern over Turkey's plans for new offensive along Syria border
WASHINGTON (Reuters) - The United States on Tuesday raised concern over Turkish President Tayyip Erdogan's plans to launch new military operations along the country's southern border, saying any new offensive in northern Syria would undermine regional stability and put U.S. troops at risk.
Britain's energy price cap could rise to 2,800 pounds in October: Ofgem CEO
LONDON, May 24 (Xinhua) -- The energy price cap in Britain is expected to rise to around 2,800 pounds (about 3,510.67 U.S. dollars) per year in October, the chief executive of the Office of Gas and Electricity Markets (Ofgem) warned on Tuesday.
NGOs urge Biden to push for changes to WTO's COVID waiver text
WASHINGTON (Reuters) - Oxfam America, Partners in Health and other civil society groups urged U.S. President Joe Biden to press for changes in a draft agreement on waiving intellectual property rights for COVID-19 vaccines, underscoring divisions over the current text.
Perak Transit 1Q earnings up 6%
PETALING JAYA: Perak Transit Bhd has posted a 6% jump in net profit to RM14.26mil for the first quarter (1Q) ended March 31 from RM13.41mil a year earlier, on the back of a 14.7% surge in revenue to RM40.66mil compared to RM35.45mil previously.
Soccer-Russian Premier League increases limit on foreign players
(Reuters) - Russia will increase the limit on the number of foreign players who can be in the squads of Russian Premier League clubs next season, the head of the Russian Football Union said on Tuesday.
Global digital tax deal might not be ready until early 2024 - France
PARIS (Reuters) - A global digital tax deal might not be ready until the end 2023 or early 2024, French Finance Minister Bruno Le Maire said on Tuesday, flagging a big delay to the reform's implementation.
Exclusive-Neumann-backed climate tech venture Flowcarbon raises $70 million
LONDON (Reuters) - Flowcarbon, a blockchain-enabled carbon credit trading platform backed by WeWork founder Adam Neumann, has raised $70 million in its first major funding round, its chief executive told Reuters.
Six contractors fined for falsifying bank statements to secure tender
ALOR SETAR: Six contractors were fined RM50,000 each after they pleaded guilty to submitting falsified company bank statements to secure a public cleaning tender in 2019.
Billionaire Styers backs climate tech firm Regrow Ag
LONDON/CHICAGO (Reuters) - Billionaire Tom Styers and investment partner Katie Hall have led the latest funding round for technology start-up Regrow Ag, which aims to help accelerate the shift to climate-friendly farming.
German grocery app Gorillas to cut staff in search of profit
FRANKFURT (Reuters) - Gorillas will lay off 300 people, cutting its administrative staff in half, as the German grocery delivery app shifts focus from rapid expansion to turning a profit, Chief Executive Kagan Sumer said.