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Holiday Inn owner IHG reports 2.6% rise in quarterly room revenue May 3, 2024 02:18AM

(Reuters) - Holiday Inn owner Intercontinental Hotels Group (IHG) said on Friday its first-quarter room revenue rose 2.6%, helped by performance in Japan, Australia, Europe and the Middle East.

(Reporting by Chandini Monnappa and Yadarisa Shabong in Bengaluru; Editing by Subhranshu Sahu)


'Show solidarity': Pro-Palestinian protesters camp across Australian universities May 3, 2024 02:11AM

By Lewis Jackson

SYDNEY (Reuters) - Hundreds of people protesting Israel's war in Gaza rallied at one of Australia's top universities on Friday demanding it divest from companies with ties to Israel, in a movement inspired by the student occupations sweeping U.S. campuses.

Pro-Palestinian activists set up an encampment last week outside the sandstone main hall at University of Sydney, one of Australia's largest tertiary institutions.

... (continue reading...)
Google defends app store, fighting Epic Games' bid for major reforms May 3, 2024 02:10AM

By Mike Scarcella

(Reuters) - Google has asked a U.S. judge not to impose sweeping changes to the Alphabet unit's app store Play that were proposed by "Fortnite" maker Epic Games in the companies' closely-watched antitrust fight.

Google made its filing late on Thursday in San Francisco federal court, where Epic last year persuaded a jury that the tech giant unlawfully stifled competition with its controls over apps downloads on Android... (continue reading...)


Analysis-Heavy oil shortage spells higher cost for shippers, road builders May 3, 2024 02:04AM

By Robert Harvey and Arathy Somasekhar

LONDON/HOUSTON (Reuters) - Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners' costs with a likely knock-on effect to industries ranging from shipping and construction to Middle Eastern power plants.

Prolonged OPEC supply cuts and international sanctions on Venezuela, Iran and Russia had already led... (continue reading...)


Iran says crew of Israel-linked ship freed May 3, 2024 01:50AM

(Reuters) - Iran has released the crew of a seized Portuguese-flagged ship linked to Israel, but remains in control of the vessel itself, Foreign Minister Hossein Amirabdollahian said.

Iran's Revolutionary Guards seized the container ship MSC Aries, with a crew of 25, in the Strait of Hormuz on April 13, days after Tehran vowed to retaliate for a suspected Israeli strike on its consulate in Damascus. Iran had said it could close the crucial shipping... (continue reading...)


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