October 31, 2020

UK says it is ‘shocked and appalled’ after an ex-Hong Kong consulate employee alleged he was chained up and beaten in China in order to spill information on Hong Kong protests

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Reuters From Business Insider British Foreign Secretary Dominic Raab on Wednesday condemned China’s treatment of a former employee of Britain’s Hong Kong consulate, Simon Cheng. Cheng told news outlets that Chinese secret police beat him, deprived him of sleep, and chained him as they pressed him for information on Hong Kong protests.  “We were shocked […]

An Iranian drone came within 100 feet of a US jet that was trying to land

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By Idrees Ali, Reuters From Business Insider An Iranian drone came within 100 feet (31 meters) of a U.S. Navy warplane as it prepared to land on an aircraft carrier in the Gulf, a U.S. official said on Tuesday. The official, speaking on condition of anonymity, said the U.S Navy had to maneuver to avoid […]

Third Dubai fire in days raises questions about Gulf cladding safety

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By Sylvia Westall and Noah Browning, Reuters From Business Insider DUBAI (Reuters) – A small fire broke out a Dubai hotel on Monday, forcing guests and staff to leave, in the third such blaze in the United Arab Emirates tourism and trade hub in less than a week. Several fire engines and an ambulance were […]

Tesla wants to raise $1.5 billion as it gears up for ‘manufacturing hell’

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By Narottam Medhora and Laharee Chatterjee, Reuters From Business Insider (Reuters) – Tesla Inc said on Monday it would raise about $1.5 billion through its first-ever high-yield junk bond offering, as the U.S. luxury electric car maker seeks fresh sources of cash to ramp up production of its new Model 3 sedan. The debt offering […]

French police find weapons cache in home of Champs Elysees attacker

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By Emmanuel Jarry, Reuters From Business Insider PARIS (Reuters) – Investigators found a cache of weapons at the home of the 31-year-old man who rammed his car into a police van on the Champs Elysees avenue on Monday, a judicial source close to the investigation said. The source said on Tuesday investigators were compiling an […]

Burger King has a started an uproar in Belgium by asking who is the true king in new ad

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By Robert-Jan Bartunek, Reuters From Business Insider BRUSSELS (Reuters) – Burger King is in trouble with Belgium’s monarchy over an advertising campaign asking Belgians to vote online to “crown” the global fast-food giant the true ruler of the country where the U.S. brand will launch next month. Representatives of Belgium’s King Philippe on Monday asked […]

Colombia just made the 3rd-largest cocaine seizure in its history

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Reuters From Business Insider BOGOTA (Reuters) – Colombian police have seized more than 6 metric tons of cocaine in the Caribbean city of Barranquilla, the defense minister said on Sunday. The shipment, the third-largest seizure in the history of continental Colombia, was found on Friday and belonged to several drug gangs, among them the so-called Urabenos, Defense […]

American Airlines is buying a $200 million chunk of China’s largest airline

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By Donny Kwok and John Ruwitch, Reuters From Business Insider (Reuters) – China Southern Airlines Co Ltd said on Tuesday it would issue HK$1.55 billion ($199.6 million) worth of shares to a subsidiary of American Airlines Group Inc , giving the U.S. airline a stake in China’s largest carrier. The deal would make American Airlines […]

Britain’s companies warn that there could be an EU worker exodus this year

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By William Schomberg, Reuters From Business Insider LONDON (Reuters) – More than a quarter of employers in Britain say staff members from other European Union countries have considered leaving their firms or the country in 2017 after last year’s Brexit vote, an industry group said on Monday. The proportion rose to 43 percent of employers […]

Scotland needs own tailor-made immigration deal within Brexit, committee says

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Elisabeth O’Leary, Reuters From Business Insider EDINBURGH (Reuters) – Scotland depends on young migrants to expand its workforce and its population and should seek a tailor-made deal as part of Brexit to manage its own migration, a cross-party Scottish parliamentary committee said on Monday The committee looked at the economic impact of migration on Scotland […]