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Philippines' 'dangerous' heat prompts shift to online classes, power crunch Apr 29, 2024 12:43AM

By Neil Jerome Morales

MANILA (Reuters) - The Philippines has cancelled in-person public school classes for the next two days and said the power grid on its main island could be strained as the country grapples with a heatwave that is also affecting other parts of Southeast Asia.

The state weather agency on Monday forecast temperatures in the capital region could reach 37 degrees Celsius (98.6 degrees Fahrenheit) in the next three days.

... (continue reading...)
Morning Bid: The yen's mysterious move Apr 29, 2024 12:37AM

A look at the day ahead in European and global markets from Rae Wee

Traders in Europe will be waking up to a nervy currency market after the yen's sharp reversal from its slide past 160 per dollar on Monday had some speculating Tokyo could be behind the move while the country was out on a holiday.

The jump in the yen - which took it to a session-high of 156.55 per dollar - came just a few hours after it slid to the weaker side of 160 per... (continue reading...)


US Secretary of state Antony Blinken arrives in Saudi Arabia Apr 29, 2024 12:26AM

RIYADH (Reuters) - U.S. Secretary of State Antony Blinken arrived in Saudi Arabia on Monday, the first stop in a broader trip to the Middle East, aimed at discussing with Arab partners post-war Gaza and to press Israeli Prime Minister Benjamin Netanyahu to take the concrete and tangible steps U.S. President Joe Biden demanded this month to improve the dire humanitarian situation in Gaza.

In Riyadh, Blinken is expected to meet with senior Saudi leaders... (continue reading...)


Baidu, Tesla agree on mapping deal for FSD in China, sources say Apr 29, 2024 12:24AM

BEIJING (Reuters) - Baidu, China's major internet search company, reached an agreement with Tesla to grant the car company access to its mapping license for data collection on China's public roads, two people familiar with the matter said.

The deal clears a final regulatory hurdle for Tesla's driver assistance system, which Tesla calls Full Self Driving (FSD) to be offered in China, the sources said.

As part of the deal, Baidu would also... (continue reading...)


Tesla clears key China assisted-driving hurdle with Baidu deal, Bloomberg News says Apr 29, 2024 12:14AM

(Reuters) - Tesla is set to clear a key hurdle to introduce its advanced assisted driving features in China by partnering with Baidu for mapping and navigation functions, Bloomberg News reported on Monday.

(Reporting by Angela Christy in Bengaluru; Editing by Savio D'Souza)


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