News
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China lockdowns drag on earnings of chipmakers, industrials
China's "zero Covid" policy to combat the Omicron variant has brought fresh lockdowns in many cities, forcing factories to shut and worsening a global supply chain logjam
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Netflix inks Japan studio deal in anime push
Anime has proven a draw for Netflix in both Japan, where almost 90% of its users watch it, and globally, where half of users tuned in last year, with rivals including Amazon and Disney also racing to offer such content
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Aung Suu Kyi handed 5-year jail term for corruption
The Nobel laureate, who led Myanmar for five years before being forced from power in a coup in early 2021, has been charged with at least 18 offences, which carry combined maximum jail terms of nearly 190 years if found guilty
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Stay or go? Ukraine refugees torn between safety and home
Women and children are still pouring out of a land being pummelled by what one called Russia's "creatures from Hell" but hundreds of thousands of refugees are returning home, determined to stay. Many others have had to flee for a second time, having thought it was safe to go back only to find it was not
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Govt slashes expected proceeds from LIC IPO to a third
The amount New Delhi expects to raise from the initial public offering (IPO) of the state-owned insurer is a billion dollars short of its projection last week, and a third of the more than $8 billion it initially planned to raise in February
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China detects first human case of H3N8 bird flu
H3N8 is known to have been circulating since 2002 after first emerging in North American waterfowl. It is known to infect horses, dogs and seals, but has not previously been detected in humans
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Twitter future direction 'uncertain' Parag Agrawal says as employees look for answers
Compensation would remain largely the same under Elon Musk, the Twitter CEO said, but he did not make the same assurances about Twitter's policies and culture
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Beijing lockdown talks fuel supply chain disruption concerns
The city government ordered one of its districts to test all 3.5 million of its residents for coronavirus in the coming days, a move that may be a prelude to a larger lockdown in China's capital city
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Nearly 15,000 Russian troops have died since the start of the war
The estimate, based on the British Defense Ministry's assessments, is on the higher end of the 7,000 to 15,000 range that NATO officials estimated a month ago, but is lower than what the General Staff of the Armed Forces of Ukraine reported Monday: about 21,900 Russian deaths
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Meta to open first physical store in metaverse bet
The 1,550-square feet Meta Store at the company's Burlingame campus in California opens on May 9, and will feature demos for its Quest 2 VR headset and video calling device Portal, as well as smart glasses it produces with Ray-Ban
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Asia facing 'stagflationary outlook' amid Ukraine war: IMF
The Russian invasion of Ukraine and Western sanctions on Moscow have driven up food and fuel prices worldwide, and a larger-than-expected slowdown in China due to prolonged or more widespread Covid-19 lockdowns is "a significant risk for the region"