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China's Nio quarterly revenue misses estimates on COVID-19 hit

Technology News (Reuters) - Thu, 05/28/2020 - 12:54
Nio Inc on Thursday reported quarterly revenue below Wall Street estimates as the cash-strapped Chinese electric vehicle (EV) maker sold fewer vehicles amid the COVID-19 pandemic, sending its shares down 3%.
Categories: Technology

Payments startup Marqeta raises $150 million, hits $4.3 billion valuation

Technology News (Reuters) - Thu, 05/28/2020 - 12:21
Payment card issuing startup Marqeta has raised $150 million from a U.S. institutional investor, doubling its valuation to $4.3 billion, the company said on Thursday.
Categories: Technology

No preferential access to Themis' potential COVID-19 vaccine: CEO

Health News (Reuters) - Thu, 05/28/2020 - 11:49
Nobody will get preferential access to a potential COVID-19 drug developed by vaccine maker Themis Bioscience, which is being bought by U.S. pharmaceuticals firm Merck & Co Inc, the Austrian firm's chief executive said on Thursday.
Categories: Health

Amid lockdown, Kenyan medical startup brings clinic to your home

Technology News (Reuters) - Thu, 05/28/2020 - 11:39
Nathalie Maikere sat at her dining table, her two children playing video games a few feet away, as a doctor in a lab coat unpacked her medical bag and took her temperature, pulse, and blood pressure.
Categories: Technology

Amid lockdown, Kenyan medical startup brings clinic to your home

Health News (Reuters) - Thu, 05/28/2020 - 11:39
Nathalie Maikere sat at her dining table, her two children playing video games a few feet away, as a doctor in a lab coat unpacked her medical bag and took her temperature, pulse, and blood pressure.
Categories: Health

South Korea coronavirus spike stirs second wave concern, social distancing crackdown

Health News (Reuters) - Thu, 05/28/2020 - 11:33
South Korea reported 79 new coronavirus cases on Thursday, the most in nearly eight weeks, triggering the return of tougher social distancing curbs amid the spectre of a second wave of disease in a country praised for containing the first outbreak.
Categories: Health

From bikes to blockchain: Shipping industry goes digital in lockdown

Technology News (Reuters) - Thu, 05/28/2020 - 11:25
The coronavirus lockdown has accelerated a digitalisation drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in some countries, according to industry leaders.
Categories: Technology

French carmaker PSA to make surgical masks at Mulhouse site

Health News (Reuters) - Thu, 05/28/2020 - 11:24
French carmaker PSA said on Thursday that it would start manufacturing surgical masks at its site in Mulhouse in eastern France from August.
Categories: Health

Malaysia reports 10 new coronavirus cases with no new deaths

Health News (Reuters) - Thu, 05/28/2020 - 11:20
Malaysian health authorities reported on Thursday 10 new coronavirus cases, raising the cumulative total to 7,629 cases.
Categories: Health

Indonesia reports 687 new coronavirus cases, 23 deaths

Health News (Reuters) - Thu, 05/28/2020 - 11:10
Indonesia reported 687 new coronavirus cases, bringing the total number of infections in the Southeast Asian country to 24,538, a health ministry official said on Thursday.
Categories: Health

Alibaba extends its reach in China as coronavirus outbreak opens doors

Technology News (Reuters) - Thu, 05/28/2020 - 10:49
Alibaba Group Holding Ltd is emerging as one of China's biggest corporate winners of the coronavirus crisis, gaining the opportunity to expand its businesses and solidify its status as a critical part of the country's socio-economic engine.
Categories: Technology

Huawei CFO Meng loses key court fight against extradition to United States

Technology News (Reuters) - Thu, 05/28/2020 - 10:45
Huawei Technologies Co's Chief Financial Officer Meng Wanzhou was dealt a setback by a Canadian court on Wednesday as she tries to avoid extradition to the United States to face bank fraud charges, dashing hopes for an end to her 18-month house arrest in Vancouver.
Categories: Technology

Philippines confirms 539 new coronavirus cases, largest single-day increase

Health News (Reuters) - Thu, 05/28/2020 - 10:17
The Philippines' health ministry on Thursday reported 17 more novel coronavirus deaths and 539 new infections, the largest number of cases reported in a single day since the virus was first detected in the country.
Categories: Health

Trump to sign executive order on social media on Thursday: White House

Technology News (Reuters) - Thu, 05/28/2020 - 10:00
U.S. President Donald Trump will sign an executive order on social media companies on Thursday, White House officials said after Trump threatened to shut down websites he accused of stifling conservative voices.
Categories: Technology

Timeline: Key events in Huawei CFO Meng Wanzhou's extradition case

Technology News (Reuters) - Thu, 05/28/2020 - 09:54
A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Co Ltd's Chief Financial Officer Meng Wanzhou's extradition to the United States. The judge will rule on double criminality, meaning whether the charges against Meng were illegal in both Canada and the United States at the time of her December 2018 arrest.
Categories: Technology

Explainer: What happens next in Huawei CFO's U.S. extradition case

Technology News (Reuters) - Thu, 05/28/2020 - 09:54
A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Co Ltd's Chief Financial Officer Meng Wanzhou's extradition to the United States. The judge will rule on double criminality, meaning whether the charges against Meng were illegal in both Canada and the United States at the time of her December 2018 arrest.
Categories: Technology

Tencent raises $6 billion in largest Asian corporate debt deal this year

Technology News (Reuters) - Thu, 05/28/2020 - 06:44
Chinese social media and gaming giant Tencent Holdings Ltd said on Thursday it raised $6 billion in a U.S. dollar bond sale - the largest debt deal by an Asian corporate in 2020.
Categories: Technology

In Brazil's shadow, laid-back Uruguay curbs COVID-19

Health News (Reuters) - Thu, 05/28/2020 - 06:13
Leonardo Silveira, a bookstore owner in Montevideo, is hopeful about the future as Uruguay begins a gradual reopening. The small country has kept rates of COVID-19 at one of the lowest levels in Latin America, even as the region becomes a coronavirus epicenter.
Categories: Health

South Korea coronavirus cases jump to highest since early April as warehouse outbreak widens

Health News (Reuters) - Thu, 05/28/2020 - 05:41
South Korea reported 79 new coronavirus cases on Thursday, the most since April 5 and the third straight day of rising infections, raising the spectre of a second wave of disease in a country widely praised for containing the initial outbreak.
Categories: Health

Germany's confirmed coronavirus cases rise by 353 to 179,717: RKI

Health News (Reuters) - Thu, 05/28/2020 - 05:19
The number of confirmed coronavirus cases in Germany increased by 353 to 179,717, data from the Robert Koch Institute (RKI) for infectious diseases showed on Thursday.
Categories: Health
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