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YRC freight terminal in Puerto Rico resumes limited operations

(Reuters) – YRC Worldwide Inc said on Friday its freight terminal in Guaynabo, Puerto Rico has resumed limited operations and is working to provide service to customers as soon as possible. The company’s YRC Freight unit told customers in a service alert that damage, power outages, road closures, and fuel shortages due to Hurricane Maria […]

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China’s bitcoin market alive and well as traders defy crackdown

By Brenda Goh SHANGHAI (Reuters) – Weeks after Beijing banned fundraising through token launches and ordered some bitcoin exchanges to shut, casting a chill over the cryptocurrency industry, traders say that the market is far from dead. While several exchanges have announced that they will close by the end of this month, traders have now […]

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Storm-battered Antigua asks U.S. to settle 12-year old WTO bill

By Tom Miles GENEVA (Reuters) – Antigua and Barbuda asked the United States on Friday to settle a decade-old trade dispute to help the Caribbean country pay the $250 million cost of recovery from Hurricane Irma, which “completely decimated” the island of Barbuda. The WTO backed Antigua in 2005 in a dispute with the United […]

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Yemen cholera cases could hit 1 million by year-end: Red Cross

By Stephanie Nebehay GENEVA (Reuters) – The humanitarian situation in Yemen is a “catastrophe”, and cholera cases could reach a million by the end of the year, the International Committee of the Red Cross said on Friday. Warring parties in Yemen – including the western-backed Saudi-led coalition – are all using disproportionate force, leading to […]

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Merck to stop development of hepatitis C treatments

(Reuters) – U.S. drugmaker Merck & Co said on Friday it would discontinue developing an experimental drug combination for chronic hepatitis C, as competition rises and patient population shrinks. The decision was made after reviewing mid-stage trial data of the treatments, said the company, which currently sells hepatitis C drug Zepatier. Merck is the latest […]

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Lyft IPO puts investors in self-driving cars as well as ride services

By Paul Lienert and Joseph White DETROIT (Reuters) – An initial public offering by Lyft Inc will give investors a way to jump into self-driving cars, although the ride services company and rival Uber Technologies Inc may have to wait years before sending a driverless robotaxi to a customer. On Thursday, Reuters reported that San […]

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China’s early winter smelter cuts boost prospects for “blue sky” Congress

By Tom Daly BEIJING (Reuters) – Chinese steel makers and aluminium smelters are closing some production starting next month to meet strict air quality standards for the winter. But, some analysts believe part of the reason for the October closures, which come before the major heating season begins in mid-November, is to clean the air […]

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Volkswagen says European diesel fixes running smoothly

HAMBURG (Reuters) – Volkswagen’s <VOWG_p.DE> fixes for diesel vehicles in Europe are running smoothly, a spokesman said after the company said its fixes in North America may cost 2.5 billion euros ($3 billion) more than expected. “We have to work more on the hardware,” he said. “Customers have to wait longer for their vehicles to […]

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Japan’s FSA gives official endorsement to 11 cryptocurrency exchanges

By Takahiko Wada and Hideyuki Sano TOKYO (Reuters) – Japan’s Financial Services Agency said on Friday it has approved 11 companies as operators of cryptocurrency exchanges, in a move that sets the country apart from its neighbors which are tightening their grip on virtual money. The Japanese government recognized bitcoin as legal tender in April […]

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Britons open wallets to secure White Cliffs of Dover for nation

LONDON (Reuters) – A British charity seeking to buy land abutting the White Cliffs of Dover to secure the landscape for the nation says it has hit its target to raise one million pounds ($1.3 million) in just three weeks. The chalk cliffs, seen as a symbol of Britain’s identity as a proud island nation, […]

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Italy may fine Telecom Italia over Vivendi control: source

ROME (Reuters) – Italy has launched a process that could end with Telecom Italia <TLIT.MI> being fined for failing to notify Rome that French media group Vivendi <VIV.PA> had assumed de facto control of the phone company, a government source said. Vivendi denies its 24 percent holding in Telecom Italia has given it effective control […]

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Happy 350,000th birthday: Study pushes back Homo sapiens origins

By Will Dunham WASHINGTON (Reuters) – Genetic data from the skeletal remains of seven people who lived centuries ago in South Africa’s KwaZulu-Natal Province is offering intriguing new evidence that our species, Homo sapiens, is older than previously believed. Scientists said on Thursday they sequenced the genomes of the seven individuals including a boy who […]

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