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By Elizabeth Howcroft LONDON (Reuters) – The world’s largest stablecoin, Tether, said on Monday its assets rose 5.7% to $86.5 billion in the second quarter of 2023, while it made more than $1 billion “operational profit”, a 30% increase on the previous quarter. Stablecoins are a type of cryptocurrency which aim to keep a constant value and are usually backed by traditional assets such as dollars. Tether says there is […]

By Liz Lee and Ethan Wang BEIJING (Reuters) – In Beijing’s western suburbs, cars were swept away on Monday as relentless rain since the weekend transformed roads into rivers, killing at least two and trapping hundreds, despite an overnight evacuation of tens of thousands from their homes. Hundreds of roads have become flooded in China’s capital, with videos posted by state media showing half-submerged vehicles in Mentougou district pulled along […]

By Steve Holland WASHINGTON (Reuters) – A White House review on Monday recommended that the FBI’s ability to conduct non-national security queries under the Foreign Intelligence Surveillance Act’s Section 702 be removed as part of reforms aimed at getting the law reauthorized. The review conducted for the White House by the President’s Intelligence Advisory Board recommended that Attorney General Merrick Garland “remove FBI’s authority to conduct queries for evidence of […]

(Reuters) -The judge presiding over a Georgia grand jury investigation into Donald Trump on Monday rejected the former U.S. president’s bid to disqualify the prosecutor leading the inquiry and to block any indictments stemming from the probe. Fulton County Superior Court Judge Robert McBurney also denied Trump’s request to quash a special grand jury report that included recommendations on who to charge in connection with a campaign to overturn Georgia’s […]

LONDON (Reuters) -Britain’s antitrust regulator on Monday called for public responses on whether Microsoft’s $69 billion takeover of Activision Blizzard, maker of video game “Call of Duty”, should be cleared ahead of a final decision by Aug. 29. Microsoft says the deal, which the Competition and Markets Authority (CMA) blocked in April, should be revisited given legally-binding commitments to the European Commission and a licensing deal with Sony. The U.S. […]

ADELAIDE (Reuters) – England’s Georgia Stanway is confident she can fill the leadership void in midfield left by the injured Keira Walsh when the Lionesses take on China in their final Group D game at the Women’s World Cup on Tuesday. The fourth-ranked Lionesses, who beat Haiti and Denmark 1-0 in their first two games, are top of Group D on six points, with a draw against China enough to […]

ADELAIDE (Reuters) – England’s Georgia Stanway is confident she can fill the leadership void in midfield left by the injured Keira Walsh when the Lionesses take on China in their final Group D game at the Women’s World Cup on Tuesday. The fourth-ranked Lionesses, who beat Haiti and Denmark 1-0 in their first two games, are top of Group D on six points, with a draw against China enough to […]

By Stella Qiu SYDNEY (Reuters) – Australia’s home prices rose for a fifth straight month in July, according to property consultant CoreLogic, although the monthly gain slowed as an increase in new listings offered more options to buyers, taking heat out of the market. CoreLogic figures on Tuesday showed prices nationally rose 0.7% in July from June, slowing from a jump of 1.1% in the earlier month. Since finding a […]

NIAMEY (Reuters) -The military junta that seized power in Niger detained three more senior politicians from the ousted government on Monday, their party said, widening arrests in defiance of international calls to restore democratic rule. As turmoil from the takeover spread from the streets to the markets, sources said the regional central bank had cancelled Niger’s planned 30 billion CFA ($51 million) bond issuance, scheduled for Monday in the West […]