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Bitfarms to adopt 'poison pill' amid Riot takeover attempt Jun 10, 2024 07:13AM

(Reuters) - Bitcoin miner Bitfarms said on Monday it had approved the adoption of a "poison pill" to fend off a potential hostile takeover attempt by rival Riot Platforms.

The move comes days after Riot Platforms disclosed it had built a 12% stake in Bitfarms as it pursues a takeover attempt. Riot had offered to buy Bitfarms for about $950 million last month.

Bitfarms said the shareholder rights plan aimed to preserve the integrity of... (continue reading...)


Cuba woos Russians, Chinese to revive ailing tourist sector Jun 10, 2024 07:08AM

By Dave Sherwood and Nelson Acosta

HAVANA (Reuters) - Russian tourist Serguei Boyaryshnic wandered in awe among the pastel-colored buildings and cobblestone streets of Old Havana on a weekday morning, his family in tow.

"We had heard a lot about Cuba. Our countries have been friends for years," said the 36-year-old Moscow resident, who had joined a small tour group. "We love everything about it."

Cuba has recently begun... (continue reading...)


Eyeing showdown with Hezbollah, Israel presses shadow campaign in Syria Jun 10, 2024 07:04AM

By Suleiman Al-Khalidi, John Davison and Dan Williams

AMMAN (Reuters) - Israel has intensified covert strikes in Syria against weapons sites, supply routes and Iranian-linked commanders, seven regional officials and diplomats said, ahead of a threatened full-scale assault on Tehran's key ally Hezbollah in Lebanon.

A June 2 air raid that killed 18 people, including an adviser with Iran's elite Revolutionary Guards, targeted a clandestine,... (continue reading...)


US needs Japan's help to boost military production, ambassador says Jun 10, 2024 07:04AM

By Tim Kelly

TOKYO (Reuters) - The United States needs Japan's help to cope with strategic challenges in Europe and Asia that are straining its defence industries, the U.S. Ambassador to Japan said on Monday as the countries kicked off talks on military industrial cooperation.

"Our national security strategy calls for us to be able to handle one and a half theatres, that's a major war and another one to a stand off, and with both the... (continue reading...)


Morning Bid: Europe jolted by Macron's snap election call Jun 10, 2024 06:20AM

A look at the day ahead in U.S. and global markets by Samuel Indyk

The expected rightward shift in the European Parliament after a four-day election has still managed to jolt European markets as gains for the far-right in France prompted French President Emmanuel Macron to call a snap parliamentary election.

French bonds and stocks were sold off while the euro dropped as political uncertainty had investors heading for the exits.

... (continue reading...)

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