Category: All News

BEIRUT (AP) — A Lebanese judge on Monday questioned auto tycoon Carlos Ghosn in Beirut over possible links to a former French Cabinet minister charged two years ago with “passive corruption” for work she did for him, officials familiar with the case said. The Lebanese officials said Ghosn denied any dealings with France’s former Justice Minister Rachida Dati who is…

My latest Deeper Dive dug into China’s failing commercial real-estate market, as well as other global commercial real-estate markets that are collapsing, laying out the corporate zombie apocalypse that is building particularly in office real estate, but also still deepening in retail real estate. It’s happening all over the world: Unprofitable companies that survived only because of cheap credit (zombies) — and…

Emails from the Biden laptop shed light on Burisma’s opening of a Maltese bank account for Hunter Biden in the spring of 2016. This newly discovered development coincides with the allegations made by an FBI source, suggesting that Mykola Zlochevsky, the founder of Burisma Holdings, allegedly paid a $5 million bribe each to then-Vice President Joe Biden and his son,…

Russian businessman Roman Abramovich is refusing to sign off the release of £2.3 billion ($2.9 billion) made from his sale of Chelsea Football Club to Ukraine, as he apparently wants a “substantial” part of the sum transferred to Russians affected by the conflict, a UK newspaper has reported. The newspaper also cited an unnamed source close to the above-mentioned funds…

  The U.S. government has confirmed that multiple federal agencies have fallen victim to cyberattacks exploiting a security vulnerability in a popular file transfer tool. In a statement shared with TechCrunch, CISA confirmed that “several” U.S. government agencies have experienced intrusions related to the exploitation of a vulnerability in MOVEit Transfer, an enterprise file transfer tool developed by Progress Software….

The U.S. government has been hit in a global hacking campaign that exploited a vulnerability in widely used software, the nation’s cyber watchdog agency said on Thursday. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) said several federal bodies had experienced intrusions following the discovery of a weakness in the file transfer software MOVEit, Eric Goldstein, the agency’s executive assistant…

Reddit CEO Steve Huffman, desperate to show Wall St. that his company can make money, decided to lock away the information on Reddit behind a paywall by turning Reddit’s free API to paid, creating quite a mess. In response, thousands of subreddits went dark on Monday, with a plan for most (though not all) to come back today. But, on…

Jun 6, 2023. CIA knew of Ukraine plan to blow up Nord Stream pipeline: Report (Straits Times) Feb. 10, 2023. Report over pipeline blasts causing uproar (China Daily) Feb. 9, 2023. Moscow calls Biden a ‘terrorist’ over Nord Stream explosion Feb. 9, 2023. Kremlin Calls For Conducting Int’l Probe in Light of Journalist Hersh’s Report Feb. 9, 2023. Journalist’s investigation…

Omar Asad, 80, was detained at a temporary checkpoint in the occupied West Bank overnight in January 2022. The soldiers left him unresponsive on the ground of a construction site and said they assumed he had fallen asleep. Palestinian leaders say this case shows the near impunity of Israeli soldiers. They have called for those involved to be prosecuted in…

Russian President Vladimir Putin threatened to order troops to take more land in Ukraine in order to protect Russian territory, he said in remarks on Tuesday. The assertion comes as Ukraine begins a long-awaited counteroffensive in the country’s south and east, claiming small victories that have been disputed by the Russian government. Putin said Ukraine has suffered “catastrophic” losses in…

DUBAI, United Arab Emirates (AP) — Kuwait reached an agreement worth $367 million with Turkish drone giant Baykar to purchase its increasingly sought-after TB2 combat drones, the Kuwaiti army said. The drone, Bayraktar TB2, boasts unmanned aerial vehicles that can carry lightweight, laser-guided bombs, and fly for up to 27 hours at a time, which, according to the company, was…

  The European Commission has signalled it could be preparing to break up Google’s adtech business. Speaking during a press conference this afternoon, EU EVP Margrethe Vestager, the bloc’s competition chief and head of digital strategy, announced it has sent a formal statement of objections to Google for suspected anti-competitive conduct in its adtech business. If the Commission confirms its…

By Chen Qingqing Published: Jun 13, 2023 07:46 PM The Chinese Foreign Ministry reiterated on Tuesday that it is crucial to conduct an objective, fair, and professional investigation into the Nord Stream pipeline explosion and hold those responsible accountable, after some media reported that German investigators are looking into details about the explosion orchestrated by a sabotage group and the…

The Royal Canadian Mounted Police are investigating allegations China tried to intimidate a federal legislator, one of more than 100 inquiries into foreign meddling, the RCMP commander said on Tuesday. Canada has accused China of trying to interfere in its affairs through various schemes, including illegal police stations and the targeting of lawmakers. Beijing has strongly denied all such allegations….

Two senior officials with the International Residual Mechanism for Criminal Tribunals (IRMCT), briefed ambassadors on recent developments, including the arrest of a top fugitive from the 1994 Genocide against the Tutsi in Rwanda, and the final verdict related to atrocities committed in the Balkan wars. Judge Graciela Gatti Santana, Mechanism President, reported that in-court proceedings are all but concluded as…

HONG KONG – UBS will impose strict restrictions on bankers from Credit Suisse, including a ban on new clients from high-risk countries, according to a Financial Times report, with the two banks moving to close the historic takeover as soon as Monday. A list consisting of almost two dozen “red lines” will prohibit Credit Suisse staff from a range of…