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☆ Musk to provide choice in different versions of Twitter
▼ + stars: | 2022-10-29 | by ( ) www.reuters.com time to read: 1 min

Oct 29 (Reuters) - Twitter users could in future choose a version of the social media platform they like by providing ratings on their tweets,Elon Musk, the new owner of the company, said in a tweet on Saturday. loading"Being able to select which version of Twitter you want is probably better, much as it would be for a movie maturity rating," he said. "The rating of the tweet itself could be self-selected, then modified by user feedback," he added. Musk tweeted on Friday that Twitter will form a content moderation council "with widely diverse viewpoints." Reporting by Baranjot Kaur in Bengaluru; editing by Clelia OzielOur Standards: The Thomson Reuters Trust Principles.

☆ Two dead, 22 others suffer cardiac arrest in stampede in South Korea
▼ + stars: | 2022-10-29 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +1 min

SEOUL, Oct 30 (Reuters) - At least two people died from cardiac arrest and dozens of others were injured after a huge crowd poured into a central district of the South Korean capital for Halloween festivities late on Saturday, a fire official said. As of early Sunday, two were reported dead among 24 who had been transferred to nearby hospitals after suffering cardiac arrest in the incident in the Itaewon district strict, Moon Hyun-joo, an official at the National Fire Agency said. Yonhap news agency said at least 100 were estimated to have been injured due to the stampede. Authorities were investigating the exact cause of the incident, the agency said. Reporting by Soo-hyang Choi and Choonsik Yoo, Editing by Angus MacSwan and Clelia OzielOur Standards: The Thomson Reuters Trust Principles.

☆ High-profile Haitian politician killed in apparent gang attack, reports say
▼ + stars: | 2022-10-29 | by ( ) www.reuters.com time to read: +1 min

PORT-AU-PRINCE, Oct 29 (Reuters) - A well-known Haitian politician was killed in an apparent gang attack in an affluent suburb of the capital Port-au-Prince, Haitian media reported on Saturday, amid a gang blockade of a fuel terminal that has created a humanitarian crisis. It was not immediately evident who was responsible for the attack. Laboule 12 is now increasingly under the control of a gang called Ti Makak, which in recent years has risen from obscurity to become a powerful criminal group involved in extortion and kidnappings. The murder follows the August assassination of former Haitian senator Yvon Buissereth in the same area, a crime that one state official attributed to Ti Makak. Reporting by Harold Isaac in Port-au-Prince and Brian Ellsworth in Sao Paulo; editing by Clelia OzielOur Standards: The Thomson Reuters Trust Principles.

NEW DELHI, Oct 29 (Reuters) - India continues to favour a self-regulatory body for social media content disputes, a federal minister told Reuters, despite a lack of consensus among Big Tech companies to form a joint appeals panel. Decisions about social media content have been a particularly thorny issue in India. During a press briefing on Saturday, Chandrasekhar said the current system of in-house grievance redressal at tech companies was "broken". The government panel "is a signal to them (social media firms) that they need to up their game," Chandrasekhar told Reuters. Reporting by Munsif Vengattil and Aditya Kalra in New Delhi; editing by Clelia OzielOur Standards: The Thomson Reuters Trust Principles.

☆ Energy subsidies merely delay high inflation, ECB's Villeroy warns
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, Oct 15 (Reuters) - Europe's energy subsidies may reduce the current rate of inflation but only at the expense of future higher readings, potentially complicating the task of monetary policy, European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Saturday. "We should not be under the illusion that price caps reduce underlying inflation," Villeroy said in Washington on Saturday, addressing a meeting of the G30, a group of private and public financial officials. Register now for FREE unlimited access to Reuters.com Register"They may only help to reduce the risk of second round effects," he added. "Price caps, if temporary, only reduce current measured inflation at the expense of future measured inflation." Instead of broader spending increases which add to already high inflation pressures, governments should focus help on those in the greatest need of help, Villeroy argued.

☆ Monte dei Paschi to pay 125 million euros in fees for share sale
▼ + stars: | 2022-10-15 | by ( Valentina Za | ) www.reuters.com time to read: +3 min

MILAN, Oct 15 (Reuters) - Italy's Monte dei Paschi di Siena (MPS) (BMPS.MI) said a new share sale to raise up to 2.5 billion euros ($2.4 billion) would cost it 125 million euros in fees to financial institutions backstopping the issue. Register now for FREE unlimited access to Reuters.com RegisterAfter difficult negotiations that risked derailing the capital raising, the eight banks have agreed to guarantee the share issue for up to 807 million euros. Algebris is backstopping up to another 50 million euros. The fees amount to nearly 15% of the guaranteed sum and compare with a market value of just 99.8 million euros for MPS on Friday. The cost of the capital increase, which totals 132 million euros, would shave 15 basis points off that target, MPS said.

☆ Credit Suisse prepares Swiss business sales to raise capital - FT
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: +2 min

Oct 15 (Reuters) - Credit Suisse is preparing to sell parts of its Swiss domestic bank as it attempts to close a capital hole of around 4.5 billion Swiss francs ($4.48 billion), the Financial Times reported on Saturday, citing people familiar with the matter. "We will update on progress on our comprehensive strategy review when we announce our third-quarter earnings," Credit Suisse told Reuters in an emailed statement. The bank is also looking to sell its famed Savoy Hotel, located on Paradeplatz in the centre of Zurich's financial district. The hotel could be worth 400 million Swiss francs, as reported by finance blog Inside Paradeplatz early this month. The bank is due to present its new business strategy on Oct. 27, when it announces third-quarter results.

☆ Global Infrastructure Partners in talks over MSC investment in train operator Italo, papers report
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: +1 min

MILAN, Oct 15 (Reuters) - U.S.-based Global Infrastructure Partners (GIP) is in exploratory talks with Italian shipping group MSC for a possible investment in GIP's railway operator Italo, two Italian newspapers reported on Saturday. An MSC spokesperson said the company did not comment on media speculation, while GIP did not immediately reply to an email request for comment. The deal would value Italo at 4 billion euros excluding debt, the paper said. A potential deal could see Italo expand in the freight transport sector, but the feasibility and growth potential of such an endeavour was still being analysed, the papers added. ($1 = 1.0289 euros)Register now for FREE unlimited access to Reuters.com RegisterReporting by Agnieszka Flak; editing by Clelia OzielOur Standards: The Thomson Reuters Trust Principles.

☆ Credit Suisse prepares Swiss business sales to raise capital, Financial Times reports
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: +2 min

☆ Death toll from sunken Lebanon migrant boat rises to 94
▼ + stars: | 2022-09-24 | by ( ) www.reuters.com time to read: +1 min

Members of Syrian Red Crescent work by a shoreline following a migrant boat, which according to Lebanese and Syrian officials, sank off the Syrian coast after sailing from Lebanon, in Tartous, Syria September 24, 2022. Courtesy of Syrian Red Crescent/Handout via REUTERSCAIRO, Sept 24 (Reuters) - The death toll from a migrant boat that sank off the Syrian coast after sailing from Lebanon earlier this week has risen to 94, after more bodies were recovered from Syria's Baniyas coast on the Mediterranean, Syrian state TV said on Saturday. It is the deadliest such voyage yet from Lebanon, where mounting economic desperation has led many to board often rickety and overcrowded boats in the hope of reaching Europe. Syrian authorities began finding bodies off the coast of the northern port city of Tartus on Thursday afternoon. The Syrian transport ministry quoted survivors as saying the boat had left from Lebanon's northern Minyeh region on Tuesday with between 120 and 150 people on board, bound for Europe.

☆ Philippines' main Luzon island braces for Typhoon Noru
▼ + stars: | 2022-09-24 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterMANILA, Sept 24 (Reuters) - The Philippines' disaster agency was on high alert on Saturday as an approaching tropical storm intensified into a typhoon which is expected to bring moderate to heavy rainfall and severe winds over a swathe of the main Luzon island. Typhoon Noru, with sustained winds of up to 120 km per hour (75 mph), was expected to intensify prior to landfall in Aurora or Quezon province on Sunday, the weather bureau said in its latest advisory. Register now for FREE unlimited access to Reuters.com Register"The highest emergency preparedness and response protocol has been activated" in several regions, including Metro Manila, the agency said in a statement. The weather bureau said Noru was moving westward and likely to emerge over the South China Sea by late Sunday or early Monday. Register now for FREE unlimited access to Reuters.com RegisterReporting by Enrico Dela Cruz; Editing by Clelia Oziel and Mike HarrisonOur Standards: The Thomson Reuters Trust Principles.

☆ Mazda discussing ending production in Russia - Nikkei
▼ + stars: | 2022-09-24 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterA Mazda logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre AlbouyTOKYO, Sept 24 (Reuters) - Japan's Mazda Motor Corp (7261.T) is discussing ending production of its vehicles at a joint venture plant in Vladivostok, eastern Russia, the Nikkei newspaper reported on Saturday. Mazda has not made a decision about ending car sales and maintenance operations in Russia, the newspaper said. Register now for FREE unlimited access to Reuters.com RegisterA Mazda spokesperson was not immediately available for comment. Register now for FREE unlimited access to Reuters.com RegisterReporting by Satoshi Sugiyama; editing by Clelia OzielOur Standards: The Thomson Reuters Trust Principles.

☆ Armed bandits kill 15 at mosque in northwest Nigeria, residents say
▼ + stars: | 2022-09-24 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterMAIDUGURI, Nigeria Sept 24 (Reuters) - A gang of armed men killed at least 15 people at a mosque in northwest Nigeria's Zamfara state, residents said on Saturday. "The armed bandits came on motorbikes while holding their guns and moved straight to the mosque and began to shoot sporadically us," resident Amimu Mustapha said. Gangs of heavily armed men, known locally as bandits, have wreaked havoc across northwest Nigeria in the past two years, kidnapping thousands, killing hundreds and making it unsafe to travel by road or farm in some areas. The military last week warned residents in Zamfara and two other states to leave forested areas ahead of a bombing campaign targeting bandits and terrorists. ($1 = 430.0500 naira)Register now for FREE unlimited access to Reuters.com RegisterReporting By Maiduguri newsroom, writing by Libby George, editing by Clelia OzielOur Standards: The Thomson Reuters Trust Principles.

☆ Wanted crypto developer Do Kwon is not in Singapore, police say
▼ + stars: | 2022-09-17 | by ( ) www.reuters.com time to read: +1 min

SINGAPORE, Sept 17 (Reuters) - Singapore Police Force said on Saturday the wanted crypto developer Do Kwon, who is accused of fraud by investors following the collapse of his cryptocurrencies Luna and TerraUSD, is currently not in the city-state. Last week, a spokesperson for South Korean prosecutors said arrest warrants had been issued for six people, including Do Kwon, and that they were residing in Singapore. read moreThe arrest order came after months of investigation and amid public outrage in South Korea over the collapse. A statement from the Singapore police late on Saturday also said they would assist the South Korean police within the ambit of its domestic legislation and international obligations. Register now for FREE unlimited access to Reuters.com RegisterReporting by Chen Lin in Singapore; Editing by Alex Richardson and Clelia OzielOur Standards: The Thomson Reuters Trust Principles.

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