Why world’s first malaria shot won’t reach millions of children who need it

Why world's first malaria shot won't reach millions of children who need it

LONDON/KISUMU, Kenya, July 13 (Reuters) – After decades of work, the World Health Organization endorsed the first-ever malaria vaccine last year – a historic milestone that promised to drive back a disease that kills a child every minute. In reality, efforts are falling well short of that, with a lack of funding and commercial potential … Read more

Exclusive: Binance served crypto traders in Iran despite US sanctions, customers say

Exclusive: Binance served crypto traders in Iran despite US sanctions, customers say

Seven Iranians say used Binance for crypto after US reimposed Iran sanctions Weak background checks, deep liquidity drew Iranians to Binance, traders say News of Iranian trading on Binance could draw US regulatory scrutiny, lawyers say LONDON, July 11 (Reuters) – The world’s largest crypto exchange, Binance, continued to process trades by clients in Iran … Read more

Ships get older and slower as emissions rules bite

Ships get older and slower as emissions rules bite

Average age of vessels up more than two years since 2017 New emissions rules may force older ships to go slower One-fifth of ships fitted with energy saving devices New vessels and alternative fuels the long-term solution LONDON, July 11 (Reuters) – If shipping is the beating heart of global trade, its pulse is about … Read more

S&P 500 ends brutal first half ’22 with largest percentage loss since 1970

S&P 500 ends brutal first half '22 with largest percentage loss since 1970

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 27, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 30 (Reuters) – Steep losses in stocks and bonds, dizzying market swings and a Federal Reserve intent on curbing the … Read more

Crypto crash threatens North Korea’s stolen funds as it ramps up weapons tests

Crypto crash threatens North Korea's stolen funds as it ramps up weapons tests

SEOUL, June 29 (Reuters) – The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes. North Korea has poured resources into stealing cryptocurrencies in recent years, making it a … Read more

Exclusive: After pressure from Toyota chief, Japan emphasized support for hybrids

Exclusive: After pressure from Toyota chief, Japan emphasized support for hybrids

TOKYO, June 24 (Reuters) – Toyota Motor Corp’s (7203.T) chief lobbied the Japanese government to make clear it supported hybrid vehicles as much as battery electrics or face losing the auto industry’s support, a senior lawmaker told a ruling party meeting. The lobbying by Akio Toyoda, president of Toyota and chairman of the Japan Automobile … Read more

Biden administration leans on Tesla for guidance in renewable fuel policy reform

Biden administration leans on Tesla for guidance in renewable fuel policy reform

June 23 (Reuters) – US President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails reviewed by Reuters. The Biden … Read more

Exclusive: Inside the hangar at the center of the $1 billion Airbus-Qatar jet dispute

Exclusive: Inside the hangar at the center of the $1 billion Airbus-Qatar jet dispute

DOHA, June 22 (Reuters) – Two high-tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international legal dispute between European industrial giant Airbus (AIR.PA) and Qatar’s national carrier. From a distance, the planes might seem like any other long-haul jetliners crowding … Read more

EXCLUSIVE China’s central bank accepts Ant’s application for financial holding company – sources

EXCLUSIVE China's central bank accepts Ant's application for financial holding company - sources

A logo of Ant Group is pictured at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register PBOC taking application signals license may come soon – sources Financial holding license to pave way for Ant market … Read more