Wednesday Morning Briefing: Texas bombing suspect blows himself up as police close in

Highlights

The 24-year-old man who terrified residents of Austin, Texas, with a three-week bombing campaign that killed two people, blew himself up on the side of a highway as police closed in on him. Austin Police Chief Brian Manley said the suspect was believed to be responsible for six bombs around Austin, but warned that it was not clear whether any more bombs had been left in place around the city.

The suspended chief executive of Cambridge Analytica said in a secretly recorded video broadcast that his UK-based political consultancy’s online campaign played a decisive role in U.S. President Donald Trump’s 2016 election victory.

Millions of commuters along the U.S. East Coast will face another round of heavy snow, ice and wind gusts when the fourth major snow storm this month strikes the region, closing schools, grounding flights and halting buses and trains.

World

The man trying to rebuild Mosul works 18 hours a day, sleeps on an office mattress and still feels the painful wounds from three assassination attempts. A Reuters Special Report follows Abdelsattar al-Hibbu as he tries to rebuild his city.

Commentary: Beijing's decision to give Xi Jinping unlimited tenure has accelerated China's move to a high-tech surveillance state – raising new dilemmas for Silicon Valley, writes former CIA analyst Kent Harrington. "For technology companies who have invested there, the question isn’t only how to respond to growing repression, or technology theft, or tighter censorship. It’s whether their bet a decade ago on a growing market in a then-seemingly reforming China can be sustained under an increasingly authoritarian and competitive regime."

Sponsored by IMB: Let's make smart work for you. Technology today is smart. But is smart enough? You have to know how to apply it, train it, trust it, and make it secure. Learn how to put smart to work.

Two Reuters reporters appeared in a Myanmar court for the 11th time, which marked 100 days since they were arrested in December and accused of possessing secret government papers. Follow the latest updates on the two Reuters journalists in government custody.

 

Nice @Reuters story by @ArpanDanielVarg on the #digital revolution that is reshaping #India's $34 billion #gold market, with smartphones, e-wallets and flexible investment schemes drawing new buyers http://reut.rs/2DMQsR2

3:24 PM - mar 21, 2018

Business

Designed in California, made in China: how the iPhone skews U.S. trade deficit

Trump often tweets from his iPhone about pressuring China to address its $375 billion trade surplus with the United States. But a closer look at the Apple smartphone reveals how the headline figure is distorted.

5 Min Read

Record U.S. oil offshore lease sale to test Trump energy push

The U.S. Interior Department will hold the largest lease sale in American history in the offshore Gulf of Mexico, in a major test of the oil industry’s appetite for federal acreage being offered by the Trump administration.

4 min read

Goldman Sachs, Wellcome Trust jointly bid for Network Rail's commercial property estate

Goldman Sachs and the Wellcome Trust have jointly bid to buy the commercial property estate of Britain’s Network Rail, a spokeswoman for the Wellcome Trust said.

1 min read

GlaxoSmithKline prescribes commercial reboot for pharma division

In January, GlaxoSmithKline’s new head of pharmaceuticals Luke Miels issued a blunt challenge to his managers: find budget savings of 20 percent. The plan was to pool the savings and reallocate the money to priority medicines and markets for Britain’s biggest drugmaker, according to people familiar with the meeting.

6 min read

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Australian casino boss Packer quits Crown Resorts board

Dozens dead in Kabul suicide attack