LONDON (Reuters) – Shares in Tesla were set to plunge into the red for the year on Tuesday, hit by a broad selloff of high-flying technology stocks and the fall of bitcoin, in which the electric carmaker recently invested $1.5 billion.FILE PHOTO: A man wearing a face mask following the coronavirus disease (COVID-19) outbreak walks by Tesla Model 3 sedans […]

MANILA (Reuters) – The Philippines will let thousands of its healthcare workers, mostly nurses, take up jobs in Britain and Germany if the two countries agree to donate much-needed coronavirus vaccines, a senior official said on Tuesday.FILE PHOTO: Filipino workers, including nurses applying to work in United Kingdom, attend a lecture at a review center for the International English Language […]

(Reuters) – The United States on Monday passed the milestone of 500,000 COVID-19 deaths just over a year since the pandemic claimed its first known U.S. victim in Santa Clara County, California. However, the number of deaths fell for a third straight week last week, as cases and hospitalizations both showed steep drops.FILE PHOTO: A man wearing a protective face […]

(Reuters) – The leader of Myanmar’s junta has called for energetic efforts to revive an ailing economy, state media reported on Tuesday, as Western countries considered more sanctions to press the generals to shun a violent crackdown on democracy protests. The call for focus on the economy came after a general strike shut businesses on Monday and huge crowds gathered […]

FILE PHOTO: A lab technicians holds the coronavirus disease (COVID-19) treatment drug “Remdesivir” at Eva Pharma Facility in Cairo, Egypt June 25, 2020. REUTERS/Amr Abdallah Dalsh/File Photo(Reuters) – Europe’s drugs regulator said on Tuesday it is evaluating the use of remdesivir in COVID-19 patients who do not need oxygen support, after developer Gilead Sciences submitted an application to extend the […]

Bitcoin plunged 16% in the last 24 hours, sinking below $50,000 to trade as low as $45,389. Treasury Secretary Janet Yellen called bitcoin "extremely inefficient" and warned about its use in illicit activity. After hitting $1 trillion in market value for the first time last week, bitcoin is now worth less than $900 billion. Bitcoin's price descended further on Tuesday […]

FILE PHOTO: Flags fly outside HMP Birmingham after the British government took over its running from G4S, in Birmingham, Britain August 20, 2018. REUTERS/Darren Staples/File Photo(Reuters) – Private security firm G4S on Tuesday recommended shareholders to vote for Allied Universal’s final offer that values the British firm at 3.8 billion pounds ($5.35 billion), a day after a rare auction battle […]

FILE PHOTO: The logos of SoftBank and WeWork are displayed in front of SoftBank’s new headquarters building in Tokyo, Japan September 9, 2020. REUTERS/Issei Kato(Reuters) – WeWork co-founder and former Chief Executive Adam Neumann is nearing a settlement with SoftBank Group Corp that could include a nearly $500 million cut in his payout from the office space-sharing company’s new owner, […]