Tencent tries to soothe concerns about U.S. ban as profit jumps - Reuters

HONG KONG (Reuters) - China’s Tencent said on Wednesday it did not believe a U.S. move to ban transactions on its international messaging to payments WeChat app would apply to its domestic Weixin platform, potentially limiting fallout from the move.

Tencent is the latest Chinese tech giant caught in the crosshairs of an escalated Sino-U.S. cyber war after President Trump said last week the United States would ban WeChat-related transactions in the country.

In a call after reporting a 37% rise


Most oil on damaged ship off Mauritius removed, owner says - Reuters India

TOKYO (Reuters) - Most of the fuel left on a Japanese bulk carrier that has leaked an estimated 1,000 tonnes of oil off the Mauritius coast has been pumped off, ship owner Nagashiki Shipping said on Wednesday.

Mauritian Prime Minister Pravind Jugnauth said on Tuesday that the MV Wakashio was still holding 2,000 tonnes of oil and was expected to break up, raising concern of a major ecological disaster.

“I heard the collection is almost over, but it is hard to tell if there


Lebanon economy minister says has flour to last four months - Reuters

FILE PHOTO: Lebanese Economy Minister Raoul Nehme arrives to attend the cabinet meeting at the presidential palace in Baabda, Lebanon January 22, 2020. REUTERS/Mohamed Azakir

BEIRUT (Reuters) - Lebanon has 32,000 tonnes of flour in addition to 110,000 tonnes that has arrived or will arrive in the coming two weeks, the economy minister said on Wednesday.

“This means we have enough for four months,” Raoul Nehme said in a tweet.

The


Back from the dead? Stem cells give hope for revival of Malaysia's extinct rhinos - Reuters

KUANTAN, Malaysia (Reuters) - Some skin, eggs and tissue samples are all that remain of Malaysia’s last rhino, Iman, who died last November after years of failed breeding attempts.

Now scientists are pinning their hopes on experimental stem cell technology to bring back the Malaysian variant of the Sumatran rhinoceros, making use of cells from Iman and two other dead rhinos.

“I’m very confident,” molecular biologist Muhammad Lokman Md Isa told Reuters in his laboratory at the International Islamic University of Malaysia.

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China denounces U.S. health chief's criticism over virus as 'political show' - Reuters

BEIJING (Reuters) - China said on Wednesday that U.S. Health Secretary Alex Azar has performed the “worst in the world” in controlling the novel coronavirus, rejecting criticism of China made by Azar during a three-day trip to Taiwan this week.

Azar attacked China’s response to the coronavirus pandemic on Tuesday saying that if such an outbreak had emerged in Taiwan or the United States it could have been “snuffed out easily”.

Chinese foreign ministry spokesman Zhao Lijian told a regular briefing the epidemic in


UPDATE 1-Pexip's quarterly revenue doubles as pandemic boosts video conferencing - Reuters India

(Adds share price, analyst comment)

OSLO, Aug 12 (Reuters) - Norwegian video conferencing firm Pexip Holding ASA said on Wednesday its revenue nearly doubled in the second quarter and adjusted earnings surged as more companies embraced home-office technologies during the COVID-19 pandemic.

Shares of Pexip, which competes with the likes of Zoom and BlueJeans, jumped 5.7% in early trade to 92.9 crowns.

The company, which listed on the stock market three months ago, said April-


Russia says medics to get anti-COVID shots in two weeks, rejects safety concerns - Reuters

FILE PHOTO: Russian Minister of Health Mikhail Murashko speaks during a demonstration prior to the opening of a new section for treatment of patients, affected by the coronavirus disease (COVID-19), at N.I. Pirogov National Medical and Surgical Centre in Moscow, Russia April 3, 2020. REUTERS/Maxim Shemetov/File Photo

MOSCOW (Reuters) - Russia said on Wednesday the first batch of its Covid-19 vaccine would be ready for some medics within two weeks and rejected as “


Telecoms M&A lifts Europe, FTSE rallies despite record GDP slump - Reuters

(Reuters) - European stocks rallied on Wednesday as a billion-dollar takeover offer for Swiss firm Sunrise Communications boosted the telecom sector and investors looked past a collapse in Britain’s quarterly economic output to bet on a stimulus-driven recovery.

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 6, 2020. REUTERS/Staff

The pan-European STOXX 600 closed 1.1% higher, marking its fourth consecutive day of


Virus resurgence drives New Zealand shares lower, Australia falls - Reuters

(Updates to close)

By Soumyajit Saha

Aug 12 (Reuters) - New Zealand stocks registered their worst close in a month on Wednesday after the country reported its first set of coronavirus cases in 102 days, while losses among miners and gold stocks weighed down on the Australian bourse.

The New Zealand benchmark S&P/NZX 50 index fell 1.3% to 1,491.91 at the end of trade, hurt by losses across almost all sectors.

Prime Minister Jacinda


China's Tencent starts fund advisory services to tap asset management - Reuters

SHANGHAI (Reuters) - Chinese tech giant Tencent Holding ( 0700.HK ) is making forays into fund advisory services, vying for a share of the potentially lucrative market with rival Alibaba Group Holding Ltd ( BABA.N )( 9988.HK ), which entered the business just months ago.

FILE PHOTO: FILE PHOTO: A logo of a Chinese tech firm Tencent, owner of a messaging app WeChat, is pictured in Beijing, China August 7, 2020. REUTERS