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☆ Magnitude 5.6 earthquake strikes northwestern Afghanistan - GFZ
▼ + stars: | 2023-10-07 | by ( ) www.reuters.com time to read: 1 min

Oct 7 (Reuters) - An earthquake of magnitude 5.6 struck northwestern Afghanistan on Saturday, the German Research Center for Geosciences (GFZ) said. GFZ revised the magnitude down from an initial reading of 6.2 for the quake, which it said was at a depth of 10 km (6.2 miles). Reporting by Rishabh Jaiswal in Bengaluru; Editing by Edwina Gibbs and William Mallard私たちの行動規範：トムソン・ロイター「信頼の原則」

Persons: GFZ, Rishabh, Edwina Gibbs, William Mallard 私 Organizations: German Research Center, Geosciences Locations: Afghanistan, Bengaluru

☆ Drone Attack Near Moscow Thwarted by Russian Defence Forces TASS
▼ + stars: | 2023-10-06 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Russian air defence forces took down a Ukrainian drone near Moscow early on Saturday that appeared to cause no damage or injuries, Russian state-owned news agency TASS reported. The attack, repelled over the Istra district northwest of the capital, was an attempt by Ukraine to attack Russian facilities, TASS reported, citing Russia's Defense Ministry. Moscow Mayor Sergei Sobyanin said preliminary reports showed no casualties or damage but that "emergencies services are working at the scene," TASS said, citing his channel on the Telegram messaging app. The reported attack on Russia follows Russian air strikes on Ukraine on Friday that Ukrainian officials said killed a 10-year-old boy and his grandmother in Kharkiv and damaged grain and port infrastructure in the Odesa region. A day earlier, Ukrainian officials said dozens were killed in the village of Hroza in northeastern Ukraine during a gathering to mourn a fallen Ukrainian soldier.

Persons: Sergei Sobyanin, Rishabh, William Mallard Organizations: Reuters, TASS, Russia's, Ministry, Moscow, Moscow's Locations: Ukrainian, Moscow, Russian, Istra, Ukraine, Russia, Kharkiv, Odesa, Hroza, Bengaluru

☆ Canadian union Unifor sets Oct 9 deadline for GM negotiations
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +2 min

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsSept 28 (Reuters) - Canadian labor union Unifor said on Thursday it has informed General Motors (GM.N) that Oct. 9 has been set as the deadline for negotiating a deal with the U.S. automaker. Unifor had announced GM as its second bargaining target in contract talks with the Detroit Three on Monday, a day after ratifying a new three-year contract with Ford Motor (F.N). Meanwhile, in the U.S., negotiators for the United Auto Workers (UAW) union could strike additional Detroit Three automotive facilities on Friday if there is no substantial progress in labor negotiations. The UAW had launched its walkouts on Sept. 15, its first simultaneous strikes at General Motors, Chrysler parent Stellantis (STLAM.MI) and Ford.

Persons: Rebecca Cook, Unifor, Juby Babu, Rishabh Jaiswal, Sherry Jacob, Phillips, Rashmi Organizations: General Motors, REUTERS, Motors, U.S ., Ford, GM Canada, Oshawa Operations, Catharines Propulsion Plant, Distribution, GM, Detroit, Ford Motor, United Auto Workers, UAW, Chrysler, Thomson Locations: Detroit , Michigan, U.S, Unifor, Canada, St, Catharines, Woodstock, Bengaluru

☆ SBB sells 1.16% of education unit, receives $700 million as part of loan repayment
▼ + stars: | 2023-09-24 | by ( Rishabh Jaiswal | ) www.reuters.com time to read: +2 min

Sept 24 (Reuters) - Swedish property group SBB (SBBb.ST) on Sunday divested 1.16% of its education subsidiary EduCo to Brookfield Super-Core Infrastructure Partners for around 242 million Swedish crowns ($21.73 million) as it looks to bolster its finances. SBB will hold approximately 49.84% of EduCo after the divestment, following which EduCo will be controlled by Brookfield. As part of the deal announced on Sunday, EduCo will repay part of its inter-company loan from SBB, resulting in the Stockholm-based company receiving approximately 7.8 billion Swedish crowns ($700.46 million) in cash. SBB's remaining loan to EduCo will be around 5.5 billion Swedish crowns. Brookfield Super-Core Infrastructure Partners is the infrastructure fund of Canada's Brookfield Asset Management(BAM.TO).

Persons: EduCo, Brookfield, Rishabh, Barbara Lewis, Sharon Singleton Organizations: SBB, Sunday, Brookfield, Core Infrastructure Partners, International Monetary Fund, Brookfield Asset Management, Community, Thomson Locations: Brookfield, Sweden, Stockholm, EduCo, Bengaluru

☆ Adevinta confirms acquisition proposal from Blackstone-Permira consortium
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +1 min

Sept 21 (Reuters) - EBay-backed online classifieds group Adevinta (ADEA.OL) said on Thursday it has received a proposal from a consortium led by Permira and Blackstone (BX.N) regarding a potential offer to acquire the company. Bloomberg News, which had earlier reported on the potential acquisition, said the consortium was studying a possible deal to take Adevinta private. Norwegian media group Schibsted (SCHA.OL), a major Adevinta shareholder, and eBay (EBAY.O) expressed their support for the proposal and will retain part of their current stake, Adevinta said. EBay in 2021 sold part of its stake in Adevinta to Permira for $2.25 billion. Reporting by Rishabh Jaiswal in Bengaluru; Editing by Shweta Agarwal and Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

Persons: Adevinta, Blackstone, Permira, Rishabh, Shweta Agarwal, Shounak Organizations: EBay, Permira, Blackstone, Bloomberg, eBay, Thomson Locations: Oslo, Norwegian, Adevinta, Permira, Bengaluru

Talks continued between union representatives and company management on the sixth day of a coordinated walkout, a day after Ford (F.N) averted a strike by Canadian workers. The UAW launched a strike against Ford, General Motors (GM.N) and Stellantis last week, targeting one U.S. assembly plant at each company. UAW workers also want to end a tiered wage structure that they say has created a large gap between newer and older employees, forcing some to work two jobs to make ends meet. We’re serious about this,” said Victor Holloway, 24, of Westland, Michigan, who has worked at the Ford plant in Wayne, Michigan, since 2021. U.S. President Joe Biden is wearing a red tie on Wednesday in solidarity with UAW workers, the White House said.

Persons: Mark Reuss, “ We’re, ”, Victor Holloway, Rebecca Cook, Stellantis, Ram, Reuters Graphics Ford, Unifor, Ford, Joe Biden, Biden, Shawn Fain's, David Shepardson, Joe White, Ben Klayman, Anirudh, Richard Chang, Will Dunham, Matthew Lewis, Deepa Babington Organizations: DETROIT, United Auto Workers, Ford, Detroit, Detroit Free Press, UAW, General Motors, Ford Bronco, Chevrolet, Reuters, GM, REUTERS, GM's, Silverado, Reuters Graphics, Kokomo, RSM, Thomson Locations: Michigan , Ohio, Missouri, Chevrolet Colorado, Westland , Michigan, Wayne , Michigan, Fairfax , Kansas, Toledo , Ohio, U.S, Canada, Canadian, Ohio, Indiana, Kokomo , Indiana, Washington, Detroit, Bengaluru

DETROIT, Sept 20 (Reuters) - Talks were ongoing on Wednesday between union representatives and company management in the sixth day of the United Auto Workers strike at the Detroit Three automakers, a day after Ford (F.N) averted a walkout by Canadian workers. The UAW launched a strike against Ford, General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI) last week, targeting one U.S. assembly plant at each company. The UAW's coordinated U.S. action led to about 12,700 workers going on strike last week. Ford reached a last-minute deal to avoid a walkout at its Canadian operations late on Tuesday. Unifor, which represents about 5,600 Canadian auto workers, had been threatening to go on strike at all three of Ford's plants in that country if a deal was not reached by late on Tuesday.

Persons: Ford, Mark Reuss, Carlos Osorio, Ram, Unifor, Stellantis, Anirudh Saligrama, David Shepardson, Ben Klayman, Will Dunham, Richard Chang, Jamie Freed Organizations: DETROIT, United Auto Workers, Detroit Three, Ford, UAW, General Motors, Chrysler, Ford Bronco, Chevrolet, Motors, Detroit, Detroit Free Press, Plant, REUTERS, GM's, Silverado, GM, RSM, Kokomo, Thomson Locations: Michigan , Ohio, Missouri, Chevrolet Colorado, Kansas, Oakville, Oakville , Ontario, Canada, Ford Canada, Canadian, Ohio, Indiana, Toledo, Kokomo , Indiana, Bengaluru, Washington, Detroit

☆ Ford avoids Canadian auto strike with union deal
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] An aerial view shows recently manufactured vehicles at Ford's Oakville Assembly Plant in Oakville, Ontario, Canada May 26, 2023. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsSept 20 (Reuters) - The U.S. auto sector avoided more pain as Ford (F.N) late on Tuesday reached a tentative deal with a Canadian union even as the Detroit Three automakers face the possible escalation of separate coordinated U.S. strikes by the United Auto Workers union. Unifor, which represents about 5,600 Canadian auto workers, were threatening to go on strike at all three of Ford's plants in the country if a deal was not reached by 11:59 p.m. on Tuesday (0359 GMT on Wednesday). "We leveraged our union’s most powerful weapon: the right to strike," Unifor said of the tentative deal in a statement. The UAW has said it will announce strikes against more U.S. plants on Friday if no serious progress is made in talks with automakers.

Persons: Carlos Osorio, Unifor, Unifor's, Stellantis's Ram, Anirudh Saligrama, Ben Klayman, Richard Chang, Jamie Freed Organizations: Plant, REUTERS, Tuesday, Detroit Three, United Auto Workers, Ford, General Motors, Chrysler, Detroit Three automakers, Ford Bronco, Chevrolet, UAW, GM's, Silverado, Thomson Locations: Oakville, Oakville , Ontario, Canada, U.S, Michigan , Ohio, Missouri, Chevrolet Colorado, Bengaluru, Ben, Detroit

"We leveraged our union's most powerful weapon: the right to strike," Unifor said of the tentative deal in a statement. Unifor had sought improved wages and pensions, as well as support in the transition to electric vehicles and additional investment commitments by Ford. The Canadian union will now turn to getting deals with General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI), whose deadlines had been extended while the Ford talks proceeded. The UAW has said it will announce strikes against more U.S. plants on Friday if no serious progress is made in talks with automakers. Many UAW workers are most concerned about the tiered wage structure that they say has created a yawning gap between newer and older employees, forcing some to work two jobs to make ends meet.

Persons: Unifor, Stellantis's Ram, Ford, Roxanne Stadtfeld, Anirudh Saligrama, Ben Klayman, Richard Chang, Jamie Freed Organizations: DETROIT, United Auto Workers, Detroit Three, Ford, General Motors, Chrysler, Reuters Graphics, Ford Bronco, Chevrolet, UAW, GM's, Silverado, DoorDash, Thomson Locations: Canada, Canadian, U.S, Michigan , Ohio, Missouri, Chevrolet Colorado, Ohio, Michigan, Monroe , Michigan, Bengaluru, Ben, Detroit

☆ Google nears release of AI software Gemini - The Information
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

Sept 14 (Reuters) - Alphabet's (GOOGL.O) Google has given a small group of companies access to an early version of Gemini, its conversational artificial intelligence software, The Information reported on Thursday, citing people familiar with the matter. Gemini is intended to compete with OpenAI's GPT-4 model, according to the report. Google has intensified investments in generative AI this year as it plays catch-up after Microsoft-backed OpenAI's launch of ChatGPT last year took the tech world by storm. It is also expected to help software engineers write code and generate original images based on what users ask to see. The search and advertising giant plans to make Gemini available to companies through its Google Cloud Vertex AI service.

Persons: OpenAI's, Rishabh, Sherry Jacob, Phillips Organizations: Google, Microsoft, Thomson Locations: India, Japan, Bengaluru

☆ Binance.US says CEO Shroder to depart, 100 jobs will be cut
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +1 min

A logo on the Binance exhibition space at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. Shroder will be replaced by general counsel Norman Reed, who joined the company in December 2021, on an interim basis. Binance and Binance.US have maintained that they operate separately. Its global head of product, Mayur Kamat, resigned early this month and its chief strategy officer, Patrick Hillmann, left in July. Reporting by Rishabh Jaiswal, Chandni Shah and Juby Babu in Bengaluru; Editing by Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

Persons: Benoit Tessier, Brian Shroder, Norman Reed, Binance.US, Changpeng Zhao, Binance, Kamat, Patrick Hillmann, Rishabh Jaiswal, Chandni Shah, Juby Babu, Edwina Gibbs Organizations: Viva Technology, Porte de, REUTERS, U.S, U.S . Securities, Exchange Commission, SEC, Thomson Locations: Porte, Paris, France, Bengaluru

☆ UK, Singapore partner to boost economic growth, strengthen security
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +1 min

Companies Atomico (UK) Partners LLP FollowSept 8 (Reuters) - The British government has signed a partnership with Singapore to grow its economy and enhance shared security, Downing Street said on Friday, adding it was the UK's first treaty since leaving the European Union. They said the partnership will give Singaporean companies more confidence to invest in Britain and vice-versa, while also creating jobs. The British government added that the partnership will strengthen security cooperation, science and technology innovation, and research and development, including countering cyber threats, through a partnership between Singapore's Digital and Intelligence Service and Britain. "This new agreement with Singapore will take us even further in delivering our priorities and ensure that, as we map the future of the world economy, we are doing so alongside our closest partners," Rishi Sunak said. Reporting by Rishabh Jaiswal in Bengaluru; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Downing, Rishi Sunak, Lee Hsien Loong, Rishabh, Josie Kao Organizations: Atomico, Partners, British, European Union . British, Singapore's Digital, Intelligence Service, Britain, Thomson Locations: Singapore, India, Britain, New Delhi, Bengaluru

☆ Weinstein group revises Sculptor bid after board's concerns -Bloomberg News
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +1 min

Boaz Weinstein, founder and chief investment officer at Saba Capital Management, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 17, 2017. REUTERS/Richard Brian Acquire Licensing RightsSept 6 (Reuters) - Wall Street investor Boaz Weinstein and his group of bidders have revised their offer to buy hedge fund firm Sculptor Capital Management (SCU.N), Bloomberg News reported on Wednesday, citing people familiar with the matter. The group, called Bidder J, which includes Bill Ackman, Marc Lasry and Jeff Yass, as well as Weinstein, made the offer for Sculptor last month. Sculptor Capital Management and Weinstein's Saba Capital Management didn't immediately respond to Reuters requests for comment on Wednesday. Sculptor chose to stay with Rithm's $11.15 per share bid, saying the Bidder J offer had "significantly less certainty of closing."

Persons: Boaz Weinstein, Richard Brian Acquire, Bill Ackman, Marc Lasry, Jeff Yass, Weinstein, Dan Och, Rishabh, Sandra Maler, Leslie Adler Organizations: Saba Capital Management, REUTERS, Wall, Capital Management, Bloomberg, Sculptor Capital Management, Weinstein's Saba Capital Management, Rithm, Thomson Locations: Las Vegas , Nevada, U.S, New York, Bengaluru

☆ Crypto exchange HashKey bags licence update to serve retail users
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration/File PhotoAug 3 (Reuters) - Cryptocurrency exchange HashKey on Thursday said it will begin offering its services to retail users in Hong Kong, becoming the first licensed crypto trading exchange in the city to do so. HashKey said it received a licence update from the Hong Kong Securities and Futures Commission, allowing the exchange to expand its business scope from serving professional investors to retail users. The Hong Kong-based exchange received a licence to operate in the city last November, making it one of two licensed crypto exchanges in Hong Kong besides rival exchange OSL. In June, banking regulator Hong Kong Monetary Authority (HKMA) said that it had, in April, asked lenders operating in the region to try and meet the business needs of licensed crypto exchanges. Reporting by Rishabh Jaiswal in Bengaluru; Editing by Janane VenkatramanOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, HashKey, Rishabh, Janane Organizations: REUTERS, Hong Kong Securities, Futures Commission, Hong Kong Monetary Authority, Thomson Locations: Hong Kong, China, Bengaluru

☆ CVS to shed 5,000 jobs in cost-cutting push - WSJ
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +1 min

Companies CVS Health Corp FollowJuly 31 (Reuters) - U.S. pharmacy chain CVS Health (CVS.N) is cutting 5,000 jobs, the Wall Street Journal reported on Monday, citing a staff memo. The company spokesperson said CVS does not expect "any impact to our customer-facing colleagues in our stores, pharmacies, clinics, or customer services centers." The pharmacy chain had about 300,000 employees in the U.S. at the end of last year. The Woonsocket, Rhode Island-based company will be cutting down on travel expenses as well as its use of consultants and vendors, according to the WSJ report. Reporting by Rishabh Jaiswal and Gursimran Kaur in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

Persons: Rishabh Jaiswal, Gursimran Kaur, Rashmi Organizations: CVS Health, CVS, Wall Street, Thomson Locations: U.S, Woonsocket , Rhode Island, Bengaluru

☆ Meta prepares AI-powered chatbots in attempt to retain users - FT
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +1 min

Aug 1 (Reuters) - Meta Platforms (META.O) is preparing to launch a range of artificial intelligence (AI) powered chatbots that exhibit different personalities as soon as September, the Financial Times reported on Tuesday. Meta has been designing prototypes for chatbots that can have humanlike discussions with its users, as the company attempts to boost its engagement with its social media platforms, according to the report, citing people with knowledge of the plans. The Menlo Park, California-based social media giant is even exploring a chatbot that speaks like Abraham Lincoln and another that advises on travel options in the style of a surfer, the report added. The purpose of these chatbots will be to provide a new search function as well as offer recommendations. The Facebook parent reported a strong rise in advertising revenue in its earnings last week, forecasting third-quarter revenue above market expectations.

Persons: Meta, Abraham Lincoln, Google's Bard, Ajax, Rishabh, Rashmi Organizations: Financial Times, Menlo, Facebook, Bloomberg News, Apple, Thomson Locations: , California, Bengaluru

☆ Kraken says all systems operational after issue with Ethereum funding gateway
▼ + stars: | 2023-07-30 | by ( ) www.reuters.com time to read: 1 min

July 30 (Reuters) - Cryptocurrency exchange Kraken said on Sunday that issues with cryptocurrency Ethereum's funding gateway have been resolved. "All systems operational," Kraken said on its status page, without giving details on what caused the issue. Kraken had said early on Sunday that it was investigating an issue with the Ethereum funding gateway and that it could cause a delay in deposits and withdrawals. Ethereum is the world's second-largest cryptocurrency. Reporting by Rishabh Jaiswal and Nilutpal Timsina in Bengaluru; Editing by Edwina Gibbs and Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

Persons: Kraken, cryptocurrency, Rishabh Jaiswal, Edwina Gibbs, Angus MacSwan Organizations: Thomson Locations: Bengaluru

☆ Six people dead after small plane crashes in Calgary
▼ + stars: | 2023-07-30 | by ( ) www.reuters.com time to read: +1 min

July 29 (Reuters) - Six people have died after a small plane crashed in Kananaskis Country, a mountainous region west of Calgary, the Royal Canadian Mounted Police (RCMP) said on Saturday. The RCMP said an aircraft with five passengers and a pilot left Springbank Airport near Calgary on Friday night en route to Salmon Arm, British Columbia. Ryan Singleton said contact was lost with the plane around 9:30 p.m. local time (0330 GMT Saturday). Shortly after the plane was reported overdue, a search was conducted by a Royal Canadian Air Force (RCAF) squadron based in Winnipeg. However, all six people in the plane had died, Singleton said.

Persons: Ryan Singleton, Singleton, Rishabh, Lincoln Organizations: Royal Canadian Mounted Police, RCMP, Springbank, British Columbia, RCMP Staff, Royal Canadian Air Force, Alberta Parks Mountain, Transport, Board, Canada, Thomson Locations: Calgary, Salmon, British, Winnipeg ., Alberta, Bengaluru

[1/3] Emergencies services members gather outside the damaged office building in the Moscow City following a reported Ukrainian drone attack in Moscow, Russia, July 30, 2023. REUTERS/StringerSummary Russia accuses Ukraine of new drone attack on MoscowSays all three drones shot down or forced to crashNobody hurt, minor damage to two buildings - mayorMOSCOW, July 30 (Reuters) - Russia's Defence Ministry said it had brought down three Ukrainian drones early on Sunday that had been trying to attack Moscow. The incident followed what Russia said was a similar Ukrainian attempt to attack Moscow with two drones last Monday, one of which was brought down close to the headquarters of the defence ministry. The Defence Ministry said two drones had crashed in the Moskva-Citi district after being brought down using radio-electronic equipment. GLASS AND DEBRISA young woman who gave her name only as Liya described the Moscow incident.

Persons: Stringer, Nobody, Sergei Sobyanin, Mykhailo Fedorov, Monday's, Liya, Andrew Osborn, Rishabh, William Mallard, Lincoln, Frances Kerry Organizations: REUTERS, Russia's Defence Ministry, Citi, Ukraine, TASS, The Defence Ministry, Reuters, Thomson Locations: Moscow, Ukrainian, Russia, Ukraine, MOSCOW, Moskva, Kyiv, Moscow's Vnukovo, Crimea, Bengaluru

☆ Evacuation order issued for Canadian town as wildfire crosses over from US
▼ + stars: | 2023-07-30 | by ( ) www.reuters.com time to read: +1 min

[1/7] A long exposure image shows the Eagle Bluffs Wildfire, which crossed the border from the U.S. state of Washington, and prompted evacuation orders in Osoyoos, British Columbia, Canada July 30, 2023. REUTERS/Jesse WinterJuly 30 (Reuters) - An evacuation order for the Canadian town of Osoyoos and its surrounding district has been issued due to an out-of-control wildfire that has crossed the border from the U.S. state of Washington. The wildfire, called Eagle Bluff, is approximately 4 kilometres (2.49 miles) from Osoyoos, according to the British Columbia Wildfire Service. Osoyoos and the regional district of Okanagan-Similkameen issued the alert late Saturday night, citing "potential danger to life and health". The evacuation order covers the area north of the Canada-United States border to the intersection of Highway 97 and Highway 3, as well as west and north along Highway 3.

Persons: Jesse Winter, Rishabh, Edwina Gibbs Organizations: REUTERS, British Columbia Wildfire Service, Similkameen, Thomson Locations: U.S ., Washington, Osoyoos, British Columbia, Canada, British, Okanagan, United States, Bengaluru

☆ Netflix reworks Microsoft pact, lowers ad prices - WSJ
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: 1 min

July 27 (Reuters) - Netflix (NFLX.O) is restructuring its advertising partnership with Microsoft (MSFT.O) a year into their deal and lowering ad prices, the Wall Street Journal reported on Thursday. Reporting by Rishabh Jaiswal in Bengaluru; Editing by Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.

Persons: Rishabh, Sonia Cheema Organizations: Netflix, Microsoft, Wall Street, Thomson Locations: Bengaluru

The fire began on Tuesday night on the 199-metre Panama-registered Fremantle Highway, which was en route from Germany to Egypt, forcing several crew members to jump overboard. Rescue ships sprayed water onto the burning boat to cool it down, but using too much water risked its sinking, the Dutch coastguard said. The coastguard said on its website that the cause of the fire was unknown, but a coastguard spokesperson had earlier told Reuters it began near an electric car. Coastguard spokesperson Edwin Granneman said salvage experts were trying to work out next steps for the burning boat. A fire destroyed thousands of luxury cars on a ship off the coast of Portugal's Azores islands in February last year.

Persons: Edwin Versteeg, Willard Molenaar, Molenaar, Edwin Granneman, Shoei Kisen, Charlotte Van Campenhout, Rishabh, Anthony Deutsch, Alison Williams, Andrew Cawthorne Organizations: coastguard, Fremantle Highway, Dutch coastguard, Dutch Department of Waterways, Public, Reuters, Fremantle, Royal Dutch Rescue Company, Coastguard, Thomson Locations: Germany, Egypt, AMSTERDAM, Panama, Bremerhaven, Ameland, Dutch, Jersey, Portugal's Azores

☆ One dead in cargo ship fire, electric car suspected source - Dutch coastguard
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +1 min

The Panama-registered Fremantle Highway was transporting 2,857 cars from Germany to Egypt, 25 of them electric. An electric car was the suspected source of the blaze, a coastguard spokesperson said, adding that the ship was still burning. The crew had tried, but failed, to extinguish the fire, the coastguard statement said. The injured crew were taken by helicopter to medical facilities on the mainland. A fire destroyed thousands of luxury cars on a ship off the coast of Portugal's Azores islands in February last year.

Persons: Shoei Kisen, Charlotte Van Campenhout, Rishabh, Anthony Deutsch, Edmund Klamann, Tom Hogue, Michael Perry, Alison Williams Organizations: Dutch coastguard, Fremantle Highway, coastguard, NOS, Thomson Locations: AMSTERDAM, Netherlands, Panama, Germany, Egypt, Bermenhaven, Dutch, Ameland, Jersey, Portugal's Azores

☆ American Airlines union postpones vote for contract agreement
▼ + stars: | 2023-07-24 | by ( ) www.reuters.com time to read: +1 min

July 23 (Reuters) - American Airlines' pilot union has indefinitely postponed the ratification vote for a tentative contract agreement, it said in a memo on Sunday. The voting will now take place "at a date and time to be determined", the union said. American Airlines (AAL.O) pilots were due to vote on Monday after the company on Friday raised the value of its contract offer to pilots by more than $1 billion. The Texas-based carrier said on Friday's changes brought the total value of the four-year proposed contract to $9 billion and would match the pay rates and retroactive pay in United Airlines' (UAL.O) tentative agreement. American Airlines did not immediately respond to a Reuters request for comment.

Persons: Rishabh, Rajesh Kumar Singh, Nivedita Organizations: American Airlines, United Airlines, Thomson Locations: The Texas, Bengaluru

And Twitter's cash flow has been negative as a result of that and its heavy debt load. Mike Proulx, research director at Forrester, said on Sunday that the move would further alienate Twitter's original, and once fiercely loyal, user base. The billionaire Musk said in a Sunday post he wanted to change Twitter's logo and polled his millions of followers whether they would favor changing the site's color scheme from blue to black. Twitter logo and a photo of Elon Musk are displayed through magnifier in this illustration taken October 27, 2022. In April, Twitter's legacy blue bird logo was temporarily replaced by Dogecoin's Shiba Inu dog, helping drive a surge in the cryptocurrency's market value.

Persons: Elon Musk, Mike Proulx, Forrester, Musk, Dado Ruvic, adieu, Linda Yaccarino, Twitter, Dogecoin's Shiba, Mrinmay Dey, Rishabh, William Mallard, Jan Harvey, Cynthia Osterman, Diane Craft Organizations: Twitter Inc, REUTERS, Twitter, X Corp, Thomson Locations: Bengaluru

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