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Moody’s says hospitals, utilities face high hacking risks

Around $22 trillion of global debt rated by Moody’s has a ‘high’ or ‘very high’ exposure to the risk of cyber attack, the ratings agency said in a report on Thursday, with hospitals and utilities seen at the greatest risk. Out of $80 trillion worth of debt across 71 sectors that the rating agency monitors, […]

UAE reforms seen as magnet for further US investment

A series of new economic and social reforms, known as the Projects of the 50, will make the UAE an even more attractive environment for American businesses. According to Danny E Sebright, president of the US-UAE Business Council, the UAE is already widely recognised by American businesses for these strengths. “Another important strength of the […]

US expects more banks will cut off Russian payment system Mir

Steps that Turkish lenders Isbank and Denizbank took to suspend the use of Russian payment system Mir make a lot of sense, a senior US administration official said on Tuesday, and said the United States expects more banks will cut off Mir over sanctions risk. Isbank and Denizbank on Monday announced separately they had suspended […]

US Speaker Nancy Pelosi in Yerevan, Armenia, on September 18

Turkey’s VP rebukes Pelosi for ‘biased’ remarks in Armenia

Turkey’s vice president Fuat Oktay has branded Nancy Pelosi’s speech on clashes between Armenia and Azerbaijan “biased”, suggesting that her comments “sabotage diplomacy efforts”. The Speaker of the US House of Representatives visited Armenia this weekend, in an unprecedented show of American support for the country, which has been locked in conflict with its neighbour […]

Israel’s El Al will begin Tel Aviv to Tokyo flights in March

El Al Israel Airlines will start direct flights from Tel Aviv to Tokyo next March, it said on Monday – two years after the launch was delayed because of the Covid-19 pandemic. Israel’s flag carrier has been looking to expand eastbound flights since its second-quarter results showed a rebound from the slump in travel during […]

Each Dave & Buster's has a full-service restaurant and a video arcade

Texas entertainment brand set to expand to the Middle East

Dave & Buster’s, an entertainment and hospitality brand based in Dallas, is expanding to the Middle East. Following the signing of a 10-year franchise agreement with Saudi firm Abdul Mohsen Al Hokair Holding Group, the aim is to open the first of eleven venues next year. Founded in 1982 and headquartered in Coppell, Texas, the […]

Marvel anti-heroes steal the show at Disney’s D23 fan convention

The anti-heroes stepped into the spotlight Saturday at Walt Disney Co’s D23 Expo fan convention, as Marvel Entertainment announced casting for “Thunderbolts.” Marvel Studios chief Kevin Feige announced that actors Florence Pugh, Sebastian Stan, David Harbour and Julia Louis Dreyfus will join the cast of the new film, whose team of villains is akin to […]

Person, Human, Crowd

Music, acting and activism: Life Lessons with Stevie Van Zandt

It is rare enough to have one career that becomes part of a pop-culture phenomenon. Stevie Van Zandt has two. As a musician, including as a member of Bruce Springsteen’s E Street Band, and as an actor with “The Sopranos,” Van Zandt has bottled lightning twice. For the latest in Reuters’ Life Lessons series, Van […]

Shoe, Footwear, Clothing

Amazon says ‘Lord of the Rings’ prequel sets viewership record Inc said on Saturday that its pricey “Lord of the Rings” prequel series was watched by more than 25 million viewers around the world on its first day, a record debut for a Prime Video series. “The Lord of the Rings: The Rings of Power” premiered on Amazon’s streaming service on Friday in more […]

US Fed ends decade-long enforcement action against HSBC

The US Federal Reserve has terminated a decade-long enforcement action against HSBC Holdings PLC for violation of anti-money laundering rules and sanction laws. The enforcement order ended on Aug. 26, the Fed said in a statement on Thursday. HSBC did not immediately respond to Reuters’ request for comment. Terminating enforcement action against banks is not […]

Last Soviet leader Gorbachev, who ended Cold War, dies at 91

Mikhail Gorbachev, who ended the Cold War without bloodshed but failed to prevent the collapse of the Soviet Union, died on Tuesday at the age of 91, hospital officials in Moscow said. Gorbachev, the last Soviet president, forged arms reduction deals with the United States and partnerships with Western powers to remove the Iron Curtain […]

Rocket, Transportation, Vehicle

NASA’s mega-moon rocket ready for liftoff before Artemis mission

Launch teams at the Kennedy Space Center in Florida spent a final full day of preparations ahead of Monday’s planned liftoff of NASA’s giant next-generation rocket on its debut test flight, kicking off the agency’s Artemis moon-to-Mars program 50 years after the end of Apollo. NASA officials said on Sunday that all systems appeared “go” […]

Person, Human, Word

‘House of the Dragon’ renewed for second season

“House of the Dragon”, the highly anticipated “Game of Thrones” prequel, has been renewed for a second season after its first episode proved a hit. Based on George RR Martin’s “Fire & Blood”, the drama is set 200 years before the events that played out in “Game of Thrones” and focuses on how the House […]

Serena Williams’ massive on-court earnings have no rival

Serena Williams enters her final US Open as a long shot to take home the trophy but her title as the biggest earner in the history of women’s tennis will remain for many years to come. Since turning professional in 1995, Williams has amassed a mind-boggling $94.6 million in prize money, more than twice as […]

Person, Human, Golf Club

PGA Tour overhauls schedule, player purses amid LIV threat

The PGA Tour’s top golfers have committed to competing against each other on a more regular basis while the bonus pool for players who positively impact the game was doubled to $100 million, Commissioner Jay Monahan said on Wednesday. The changes represent the PGA Tour’s most serious response to the threat posed by the Saudi […]

Los Angeles Angels owner to explore selling team

Los Angeles Angels owner Arte Moreno on Tuesday said he has begun exploring the possibility of selling the Anaheim-based team he has owned for 20 seasons. “Although this difficult decision was entirely our choice and deserved a great deal of thoughtful consideration, my family and I have ultimately come to the conclusion that now is […]

To get ahead, plastics producers need to be running in circles

The volume of plastics produced globally every year has soared over the past half century, from 15 million tonnes in 1964 to more than 300 million tonnes today. This figure is forecast to double again over the next two decades and nearly quadruple by 2050. But synthetic polymers have one major drawback: they generally take […]

Person, Human, Restaurant

Hacker tournament brings together world’s best in Las Vegas

A team of hackers from two North American universities won the “Capture the Flag” championship, a contest seen as the “Olympics of hacking,” which draws together some of the world’s best in the field. In the carpeted ballroom of one of the largest casinos in Las Vegas, the few dozen hackers competing in the challenge […]

Person, Human, Suit

Elon Musk says he was joking about buying Manchester United

Elon Musk, the world’s richest person, said early on Wednesday that he was joking when he tweeted hours previously that he was going to buy currently struggling English football club Manchester United Plc. “No, this is a long-running joke on Twitter. I’m not buying any sports teams,” Musk posted when asked by a user if […]

Saudi invests $7bn in US giants from Microsoft to Starbucks

Saudi Arabia’s sovereign wealth fund continued its massive investment in US equities in the second quarter of 2022 despite global recession fears. At a time when the kingdom’s income from oil almost doubled, it snapped up $7.6 billion of stocks in technology, e-commerce, retail and finance companies – from Microsoft and Amazon to Costco, Starbucks […]