Reuters Morning Digest: May 8, 2019

Click to View in Browser Wednesday, May 8, 2019 Iran rolls back nuclear commitments under pact abandoned by Washington Iran announced on Wednesday it was scaling back curbs to its nuclear program under a 2015 deal with world powers, and threatened to do more -- including enriching uranium to a higher level -- if countries did not shield it from U.S. sanctions. Toyota, Honda plan to attack costs to free up cash for new tech Two top Japanese automakers said they planned to tighten their belts in the years ahead to free up cash to develop electric cars and ride-sharing services, underscoring the hard task ahead as traditional automakers face a rapidly changing industry. Tencent pulls blockbuster game PUBG in China, launches patriotic alternative Tencent Holdings Ltd on Wednesday shut down its test version of global blockbuster "PlayerUnknown's Battlegrounds" in China and shifted users to a similar, more patriotic video game which, unlike PUBG, has regulatory approval to generate revenue. Alphabet's GV leads funding in gene editing company Verve Therapeutics GV, Alphabet Inc's venture capital arm, led a $58.5 million investment to launch Verve Therapeutics, a new biotech focused on developing therapies that edit the human genome to treat heart diseases. MLB roundup: Athletics' Fiers no-hits Reds Oakland Athletics right-hander Mike Fiers threw the major leagues' first no-hitter of the year Tuesday night, blanking the visiting Cincinnati Reds 2-0 in the opener of a three-game interleague series. Story of U.S. college admissions scandal coming to television The story of the largest college admissions scam in the United States is making its way to Hollywood. Tanzania plans cable car for Mount Kilimanjaro Tanzania wants to boost tourist numbers by putting a cable car on Mount Kilimanjaro, Africa's tallest mountain, and is in talks about the project with a Chinese and a Western company. Related Video Trump tax data show $1 bln in losses over decade: NYT School shooting in Colorado leaves one student dead Great Debate Cox: AT&T opens itself up to activist attack Cox: Amsterdam has first-world financial dilemma A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2019 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook