Malaysia’s Prime Minister Muhyiddin Yassin speaks during a news conference

How California Became Ground Zero for Climate Disasters

California is one of America’s marvels. By moving vast quantities of water and suppressing wildfires for decades, the state has transformed its arid and mountainous landscape into the richest, most populous and bounteous place in the nation. But now, those same feats have given California a new and unwelcome category of superlatives. This year is […]

Pound weakens as markets begin to react to Europe’s UK travel bans

The pound struggled overnight as Asian markets reacted to news that several European countries had closed their borders to the UK. The European reaction came after a new strain of the coronavirus prompted parts of the UK to return to stricter rules aimed at limiting its spread. Also reacting to the continuing lack of progress […]

Elliott presses SoftBank to identify $10 billion of investments it holds: sources

By Clara Denina LONDON (Reuters) – Elliott Management Corp is pressing SoftBank Group Corp <9434.T> for details of nearly-$10 billion of investment securities on its balance sheet, as part of its campaign to improve the value of the Japanese conglomerate in which it holds a stake, sources said. The $40 billion hedge fund, one of […]