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Trump administration split on renewing Chevron’s Venezuela license

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WASHINGTON (Reuters) – The Trump administration is split over whether to renew a license this week for energy company Chevron Corp’s operations in Venezuela, with Secretary of State Mike Pompeo supporting a renewal and others opposing it, three sources with knowledge of the matter said on Tuesday. FILE PHOTO: The logo of Chevron is seen Read More

Reform of Japan’s ‘pacifist’ constitution clause at stake as super-majority slips from PM Abe

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The ruling coalition led by Japanese Prime Minister Shinzo Abe is poised for a solid win in the upper house of parliament. Still, early projections show it won’t secure the super-majority needed to change the constitution. Japan held elections for the upper house of its parliament, the Diet, on Sunday. After initial evaluations signaled that Read More

100,000+ brave rain in Hong Kong in show of support to police

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Tens of thousands of people showed up for a rally in support of police officers in Hong Kong days after a video emerged showing protesters brutally beating a riot cop. Several Chinese flags were spotted in the crowd. The rally on Saturday evening drew in thousands of locals, including representatives of local minorities, immigrants and Read More

Airbus mimics nature with ‘Bird of Prey’ concept plane

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An Airbus concept aircraft with a wing design inspired by nature, dubbed Bird of Prey, is displayed at the Royal International Air Tattoo at Raf Fairford, near Fairford, Britain July 19, 2019. REUTERS/Tim Hepher RAF FAIRFORD, England (Reuters) – Airbus (AIR.PA) on Friday unveiled a concept aircraft with splayed wingtips and a fanned tail inspired Read More

Verizon resurrects media business as safe haven on the internet

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New York (Reuters) – Banning pornography from Tumblr was not necessarily meant to define Verizon Media’s strategy to turn around a collection of Internet has-beens. But that is how it has played out. The Verizon logo is seen on the side of a truck in New York City, U.S., October 13, 2016. REUTERS/Brendan McDermid After Read More

Netflix shares plunge as global growth falls short, U.S. customers shrink

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(Reuters) – Netflix Inc (NFLX.O) said on Wednesday it lost U.S. streaming customers for the first time in eight years and missed targets for new subscribers overseas, an announcement that jarred investors ahead of looming competition. FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. Read More

Royal wedding: How much will it cost?

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Everyone knows weddings are pricy. Meghan Markle’s upcoming wedding to Prince Harry in the UK will take things to the next level. Seasoned wedding planners estimate the cost for the May 19 wedding could reach £1 million ($1.4 million) or more. The cost for special security raises the bill much further. Still, even the most Read More

LVMH pairs with Stella McCartney, igniting fashion rivalries

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PARIS (Reuters) – French luxury goods group LVMH (LVMH.PA) on Monday announced a tie-up with Stella McCartney, just months after the British designer known for her animal-friendly ethics ended a long-term partnership the conglomerate’s arch-rival Kering (PRTP.PA). British designer Stella McCartney appears at the end of her Fall/Winter 2019-2020 women’s ready-to-wear collection show during Paris Read More

Gilead invests $5 billion to deepen ties with biotech Galapagos

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(Reuters) – U.S. antiviral drugmaker Gilead Sciences (GILD.O) will invest $5.1 billion in a major expansion of its partnership with Belgo-Dutch biotech Galapagos NV (GLPG.AS), news that lifted Galapagos’s shares 18 percent to an all-time high on Monday. FILE PHOTO: A Gilead Sciences, Inc. logo is seen outside the company headquarters in Foster City, California, Read More