Exclusive: Tencent plans to divest Meituan stake worth $24 billion

Exclusive: Tencent plans to divest Meituan stake worth  billion

Tencent seeks to kick off Meituan stake sale this year-sources Sale seeks to placate regulators, monetise 8-year-old bet-sources Stake sale likely to be done as a block trade – sources Move comes after Tencent’s divestments of JD.com, SEA stakes Meituan shares sink 10%; Tencent shares recover HONG KONG, Aug 16 (Reuters) – China’s Tencent Holdings … Read more

Tencent Music’s revenue beats view as more Chinese users pay for songs

Tencent Music’s revenue beats view as more Chinese users pay for songs

The logo of China’s Tencent Music Entertainment Group is seen next to an earphone in this illustration picture taken March 22, 2021. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 16 (Reuters) – China’s Tencent Music Entertainment Group (TME.N) bettered quarterly revenue estimates on Monday as a slate of original content … Read more

Iran says Rushdie and supporters to blame for attack

Iran says Rushdie and supporters to blame for attack

Don’t accuse Tehran, says foreign ministry spokesman Says novelist ‘crossed red lines’ for Muslims Rushdie stabbed several times on Friday Attack condemned by writers, politicians around the world DUBAI, Aug 15 (Reuters) – Iran’s foreign ministry said on Monday that no one had the right to level accusations against Tehran over Friday’s attack on Salman … Read more

Asia shares mixed, China cuts rates as data disappoints

Asia shares mixed, China cuts rates as data disappoints

FILE PHOTO – People pass by an electronic screen showing Japan’s Nikkei share price index inside a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 Nikkei edges up, S&P 500 futures dip PBOC cuts key rates, China data badly miss forecasts Eyes on … Read more

U.S. actor Anne Heche will be taken off life support 9 days after car crash

U.S. actor Anne Heche will be taken off life support 9 days after car crash

Aug 14 (Reuters) – American actor Anne Heche will be taken off life support on Sunday, nine days after suffering severe injuries in a fiery car crash, as a compatible person was found to receive her donated organs, a spokesperson said. Heche, 53, had been legally dead since Friday, though still with a heartbeat, and … Read more

Scotland’s police investigate threat made to JK Rowling after Rushdie tweet

Scotland’s police investigate threat made to JK Rowling after Rushdie tweet

Rugby Union – Six Nations Championship – Scotland vs England – BT Murrayfield Stadium, Edinburgh, Britain – February 24, 2018 Author JK Rowling in the stand before the match REUTERS/Russell Cheyne Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 14 (Reuters) – Scotland’s police said on Sunday they are investigating a report … Read more

Cash-strapped Britons give up pets as living costs soar

Cash-strapped Britons give up pets as living costs soar

LONDON, Aug 14 (Reuters) – Stood on her hind legs to greet any prospective owner who might approach her glass-doored kennel, Harriet is a black English cocker spaniel abandoned as a deepening cost-of-living crisis pushes growing numbers of Britons to part with their pets. She was found running along a busy road in London after … Read more

Rakesh Jhunjhunwala, ‘India’s Warren Buffet’, dies at 62

Rakesh Jhunjhunwala, ‘India’s Warren Buffet’, dies at 62

MUMBAI, Aug 14 (Reuters) – Stock investor Rakesh Jhunjhunwala, dubbed India’s Warren Buffett with an estimated net worth of $6 billion, died early on Sunday at age 62, his family said. A chartered accountant by profession from the desert state of Rajasthan, Jhunjhunwala started dabbling in stocks while in college and went on to manage … Read more

Salman Rushdie still hospitalized as attack suspect pleads not guilty

Salman Rushdie still hospitalized as attack suspect pleads not guilty

Aug 13 (Reuters) – Acclaimed author Salman Rushdie remained hospitalized on Saturday with serious injuries a day after he was repeatedly stabbed at a public appearance in New York state, while police sought to determine the motive behind an attack that drew international condemnation. The accused attacker, 24-year-old Hadi Matar of Fairview, New Jersey, pleaded … Read more

One killed, dozens injured as high winds cause stage collapse at Spain festival

One killed, dozens injured as high winds cause stage collapse at Spain festival

CULLERA, Spain, Aug 13 (Reuters) – One person was killed and dozens were injured when high winds caused part of the main stage to collapse at a dance music festival near the Spanish city of Valencia early on Saturday, emergency services said. Other infrastructure was also damaged when gusts battered the Medusa Festival, a huge … Read more