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India bans use of dirtier coal alternative in New Delhi area

By Sudarshan Varadhan NEW DELHI (Reuters) – India’s top court on Tuesday banned the use of petroleum coke, a dirtier alternative to coal, in and around New Delhi in a bid to clean the air in one of the world’s most polluted cities. The court, which recently banned the sale of firecrackers in the New […]

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Nigeria’s Oando gets court order to halt share suspension, audit: court paper

LAGOS (Reuters) – Nigeria’s Oando has obtained a court order to halt the suspension of trading in its shares and a forensic audit planned by the Securities and Exchange Commission (SEC), court documents seen by Reuters showed on Tuesday. Shares in Oando Plc were frozen at 5.99 naira on Monday until further notice, the stock […]

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UK financial watchdog investigates Equifax hacking

LONDON (Reuters) – Britain’s markets watchdog said it has opened an investigation into the hacking of U.S. credit reporting agency Equifax, which affected nearly 700,000 UK citizens. “The Financial Conduct Authority announces today that it is investigating the circumstances surrounding a cybersecurity incident that led to the loss of UK customer data held by Equifax […]

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Amazon rivals turn to legal fine print to stem Whole Foods strategy

By Jeffrey Dastin SAN FRANCISCO (Reuters) – Whole Foods Market met a new foe this summer during talks to lease a top retail space in a San Francisco mall: the Target next door. As City Center mall’s largest tenant, Target Corp had a say over changes to the property. According to people familiar with the […]

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NeuroPace raises $74 million to market seizure-monitoring device

By Tamara Mathias (Reuters) – NeuroPace Inc said on Tuesday it raised $74 million in equity funding as the medical device maker looks to rapidly expand commercialization of its device to treat epileptic seizures. The round of funding, led by the KCK Group and OrbiMed Advisors, is likely to be the Mountain View-based company’s last […]

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Toshiba weighing options in case chip unit sale not completed by March

By Makiko Yamazaki CHIBA CITY, Japan (Reuters) – Toshiba Corp <6502.T> said it is considering various measures in case the $18 billion sale of its chip unit does not close by the end of the financial year and leaves the embattled conglomerate short of funds needed to ensure it stays listed. The deal needs to […]

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Top U.S. military officer seeks to address criticism of fatal Niger operation

By Idrees Ali WASHINGTON (Reuters) – The top U.S. military officer sought on Monday to tamp down criticism the Pentagon had not been forthcoming about the death of four U.S. soldiers in an ambush in Niger, providing a timeline of the incident and acknowledging unanswered questions remained. General Joseph Dunford, chairman of the U.S. military’s […]

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India drags feet on GM mustard permit amid powerful opposition

By Krishna N. Das NEW DELHI (Reuters) – India has frozen requests to commercially release a locally developed genetically modified mustard, an environment ministry document released on Tuesday showed, amid stiff opposition to lab-altered food from domestic activists and politicians. The mustard variety would have been the first transgenic food crop to be allowed for […]

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Halep, Wozniacki claim revenge wins at WTA Finals

By John O’Brien SINGAPORE (Reuters) – Simona Halep made a winning start to her WTA Finals campaign with an impressive 6-4 6-2 victory over Frenchwoman Caroline Garcia on Monday, the Romanian surging clear in the second set to subdue her in-form opponent at the Singapore Indoor Stadium. The second Red Group match of the day […]

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U.S. mulls South Sudan pressure, cutting aid may not work; U.N. envoy

By Michelle Nichols ADDIS ABABA (Reuters) – The United States is considering how to pressure South Sudan’s President Salva Kiir into peace, but withdrawing aid may not work, U.S. envoy to the United Nations Nikki Haley said ahead of a visit to South Sudanese refugees in Ethiopia on Tuesday. Haley plans to visit Gambella in […]

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Airbnb’s China head exits, a week after co-founder named unit’s chair

BEIJING (Reuters) – The head of Airbnb Inc’s China business has resigned four months after taking the role, the company confirmed on Tuesday, the latest leadership change for the unit which operates in an country where residency and movement are regulated. Hong Ge, who previously worked for Google Inc and Facebook Inc, left to pursue […]

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Exclusive: Mexico telecoms regulator to vote on letting Slim’s America Movil charge rivals

By Julia Love and Christine Murray MEXICO CITY (Reuters) – Mexico’s telecommunications regulator is discussing a proposal that would allow billionaire Carlos Slim’s America Movil to start charging local rivals again for calls made to clients on its network, according to a document seen by Reuters. Rivals such as AT&T and Telefonica have been anxiously […]

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