China logs ninth consecutive day with no locally transmitted COVID-19 cases - Reuters

FILE PHOTO: People wearing face masks walk down steps near a subway station, following the coronavirus disease (COVID-19) outbreak, in Beijing, China August 18, 2020. REUTERS/Tingshu Wang

SHANGHAI (Reuters) - China reported its ninth consecutive day with no new locally transmitted COVID-19 cases, as a major university in the city of Wuhan opened for face-to-face classes on Tuesday for the first time in eight months.

The daily update from national health officials


Exclusive: Fauci says rushing out a vaccine could jeopardize testing of others - Reuters

CHICAGO/NEW YORK (Reuters) - The top U.S. infectious diseases expert is warning that distributing a COVID-19 vaccine under special emergency use guidelines before it has been proved safe and effective in large trials is a bad idea that could have a chilling effect on the testing of other vaccines.

Dr. Anthony Fauci, director of the National Institute for Allergy and Infectious Diseases, testifies during the House Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., U.S.,

CEOs speed up digital push and downsize offices, KPMG survey shows - Reuters

LONDON (Reuters) - Companies around the world have moved more of their operations online, plan to reduce office space and have made recruiting and retaining staff their top priority since the coronavirus pandemic struck, a survey showed on Tuesday.

FILE PHOTO: General view of the Canary Wharf financial district, following the outbreak of the coronavirus disease (COVID-19), in London, Britain, May 5, 2020. REUTERS/Marika Kochiashvili

A survey from accounting firm KPMG showed 80% of business leaders


Virgin Atlantic creditors to vote on $1.6 billion rescue plan - Reuters

LONDON (Reuters) - Virgin Atlantic’s trade creditors voted on Tuesday in favor of a 1.2 billion pound ($1.6 billion) rescue plan, moving the airline a step closer to completing a restructuring designed to secure its future beyond the coronavirus crisis.

Virgin Atlantic agreed the deal with shareholders and financial and other major creditors in July, and on Tuesday smaller suppliers that the carrier owed money to also approved it.

“Today, Virgin Atlantic has reached a significant milestone in safeguarding its future, securing


Chip designer Arm to pause spin-off of its software units to SoftBank - Reuters

FILE PHOTO: SoftBank Group Corp Chairman and CEO Masayoshi Son speaks at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo

(Reuters) - Chip company Arm Holdings Ltd said on Monday it has put the brakes on the proposed transfer of two of its software businesses to its Japan-based parent SoftBank Group Corp.

In July, Arm said it would transfer two units under its internet-of-things services group to Softbank and


Judge blocks Apple move to hamper Epic's Unreal Engine - Reuters

SAN FRANCISCO (Reuters) - A federal judge on Monday blocked Apple Inc from shutting down an Epic Games tool that is relied upon by hundreds of other app makers but had become the subject of an antitrust battle between the companies.

FILE PHOTO: The Epic Games logo, maker of the popular video game "Fortnite", is pictured on a screen in this picture illustration August 14, 2020. REUTERS/Brendan McDermid

The ruling safeguards “Fortnite” creator Epic’s computer graphics software Unreal Engine,


U.S. judge dismisses lawsuit against Danske Bank over money laundering scandal - Reuters

NEW YORK (Reuters) - A U.S. judge on Monday dismissed a lawsuit accusing Denmark’s Danske Bank A/S and four former top executives of defrauding shareholders by hiding and failing to stop widespread money laundering at its former Estonian branch.

FILE PHOTO: A view of the Danske bank headquarters in Copenhagen, Denmark October 22, 2019. REUTERS/Jacob Gronholt-Pedersen

U.S. District Judge Valerie Caproni in Manhattan said shareholders in the proposed class action failed to sufficiently plead that


Salesforce, Amgen, Honeywell to join Dow Jones Industrial - Reuters

FILE PHOTO: The company logo for Salesforce.com is displayed on the Salesforce Tower in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid

(Reuters) - Shares of Salesforce.com ( CRM.N ), Amgen ( AMGN.O ) and Honeywell International ( HON.N ) each surged over 3% in extended trade on Monday after it was announced they would join the Dow Jones Industrial Average as of Aug. 31.

Exxon Mobil ( XOM


Facebook blocks group of one million critical of Thai monarchy amid government pressure - Reuters

BANGKOK (Reuters) - Facebook on Monday blocked access within Thailand to a group with 1 million members that discusses the country’s king, after the Thai government threatened legal action over failure to take down content deemed defamatory to the monarchy.

FILE PHOTO: A 3D-printed Facebook logo is seen on a keyboard in this illustration taken March 25, 2020. REUTERS/Dado Ruvic/File Photo

The move comes amid near daily youth-led protests against the government led by the former military junta


Exclusive: Business partner of Falwells says he had long affair with evangelical power couple - Reuters

WASHINGTON (Reuters) - In a claim likely to intensify the controversy surrounding one of the most influential figures in the American Christian conservative movement, a business partner of Jerry Falwell Jr has come forward to say he had a years-long sexual relationship involving Falwell’s wife and the evangelical leader.

Giancarlo Granda says he was 20 when he met Jerry and Becki Falwell while working as a pool attendant at the Fontainebleau Miami Beach hotel in March 2012. Starting that month and continuing into 2018