Tag: All Regions

‘Russia Will Pay The Price’ Israeli Official Amir Weitmann Threatens Russia is Next After Gaza

Amir Weitmann of Israel’s ruling Likud Party threatened Russia that Israel will come after them once their war with Gaza is over for supporting Hamas “Nazis” who “beheaded babies” and “raped” women. Weitmann claimed everyone has seen such atrocities with their own eyes. Amir Weitmann, of Israel’s ruling Likud Party, promises revenge on Russia for insufficient support of Israel: “Russia…

U.S. journalist detained in Russia after visiting for family emergency

Russia has detained an editor at U.S.-funded Radio Free Europe/Radio Liberty (RFE/RL) for failing to register as a foreign agent while visiting for a family emergency, the broadcaster said. Russia has tightened its control over information and the media since the start of the nearly 20-month-long Ukraine war, forcing the closure of the last significant independent news outlets and designating many…

Report: Peter Thiel Was An FBI Informant

In the summer of 2021, Insider has learned, [Peter] Thiel began providing information as a “confidential human source,” or CHS, to Johnathan Buma, a Los Angeles-based FBI agent who specializes in investigating political corruption and foreign-influence campaigns. Charles Johnson, a longtime associate of Thiel’s and a notorious figure in the far-right movement that Thiel has subsidized for a decade, told…

Al Jazeera ‘Finds No Grounds For Israeli Army’s Claim Gaza Baptist Hospital Strike Was a Failed Rocket Launch’

Al Jazeera, whose footage was cited by Israel to claim a failed rocket launch by Gaza fighters caused the al-Ahli Baptist hospital explosion, did their own investigation into Israel’s claims and found they were without merit. An Al Jazeera digital investigation found no grounds for the Israeli army’s claim that the strike on the al-Ahli Arab hospital in Gaza was…

Casio discloses data breach impacting customers in 149 countries

Japanese electronics manufacturer Casio disclosed a data breach impacting customers from 149 countries after hackers gained to the servers of its ClassPad education platform. Casio detected the incident on Wednesday, October 11, following the failure of a ClassPad database within the company’s development environment. Evidence suggests that the attacker accessed customers’ personal information a day later, on October 12. The…

Drones target U.S. troops in Iraq

U.S. military forces in Iraq were targeted on Wednesday in two separate drone attacks, with one causing minor injuries to a small number of troops even though the U.S. military managed to intercept the armed drone, a U.S. official said. The official, who spoke to Reuters on condition of anonymity, did not say who was suspected of the attacks on…

Nokia to cut up to 14,000 jobs after sales drop 20%

STOCKHOLM – Finnish telecom gear group Nokia on Thursday said it will cut up to 14,000 jobs in a new cost reduction effort after third-quarter sales fell by a fifth, taken down by sales of next-generation 5G equipment. Nokia and rival Ericsson have grappled with slowing demand for 5G equipment in markets such as the United States and the European…

US Broadly Eases Venezuela Oil Sanctions After Election Deal

WASHINGTON — The Biden administration on Wednesday broadly eased sanctions on Venezuela’s oil sector in response to a deal reached between the government and opposition parties for the 2024 election – the most extensive rollback of Trump-era restrictions on Caracas. A new general license issued by the U.S. Treasury Department authorized OPEC member Venezuela, which had been under crushing sanctions…

Singapore-based video game distributor GCL seeks US listing via $1.65 billion Spac deal

BENGALURU – Grand Centrex Limited (GCL) said on Wednesday that it will list in the US by merging with a blank-cheque firm in a deal that values the Singapore-based video game distributor at US$1.2 billion (S$1.65 billion). Special purpose acquisition companies (Spacs) have largely fallen out of favour following a bumper 2020, after they drew intense scrutiny from the United…

Kakao CIO arrested for alleged share rigging in takeover battle for K-pop agency SM Entertainment.

SEOUL – South Korean authorities arrested Kakao’s chief investment officer (CIO) for alleged stock price manipulation in a high-profile takeover battle over K-pop agency SM Entertainment. Bae Jae-hyun was arrested early on Thursday, according to the Seoul Southern District Court which issued the warrant. Internet giant Kakao won a controlling stake in SM after an intense bidding war with Hybe,…

Keppel snags $306 million for China-focused sustainable urban renewal fund

SINGAPORE – Keppel Corporation has raised a 1.4 billion yuan (S$262.8 million) initial investment from an undisclosed global institutional investor, capturing opportunities in China’s sustainability transition. Together with 160 million yuan of a sponsor stake by Keppel, the total 1.6 billion fund (S$306 million) marked the closing of its China-focused sustainable urban renewal programme, said the company on Thursday. About…

US stocks sink as bond yields hit new highs

NEW YORK – US stocks fell on Wednesday as underwhelming earnings and ongoing fighting in the Middle East weighed on investor optimism. The Dow Jones Industrial Average fell 1 per cent to 33,665.08. The broad-based S&P 500 sank 1.3 per cent to 4,314.60, while the tech-heavy Nasdaq Composite Index dropped 1.6 per cent to 13,314.30. The yield on the popular…

Hacker leaks millions of new 23andMe genetic data profiles

A hacker has leaked an additional 4.1 million stolen 23andMe genetic data profiles for people in Great Britain and Germany on a hacking forum. Earlier this month, a threat actor leaked the stolen data of 1 million Ashkenazi Jews who used 23andMe services to find their ancestry info and genetic predispositions. 23andMe told BleepingComputer that this data was obtained through credential stuffing…

Israel suspends defense sales to Colombia

SANTIAGO, Chile — The Israeli government has suspended all sales and supplies of defense and security hardware and related services to Colombia. The move followed a heated exchange on X, formerly known as Twitter, between Colombian President Gustavo Petro and Israeli Ambassador in Bogota Gali Dagan about the ongoing conflict in the Gaza Strip. Petro had refused to condemn the…

RSC calls on UK government to take action on PFAS levels in tap water

The Royal Society of Chemistry (RSC) is calling on the UK government to reduce the current cap on individual per- and polyfluoroalkyl substances (PFAS) in drinking water from 100ng/l to 10ng/l, warning that levels above this pose a significant risk to public health. The RSC’s call follows new analysis revealing that more than a third of water courses tested in…

IMF cuts S’pore 2023 growth forecast on weak exports, China slump; sees Asia slowing next year

Things may take a positive turn only if the US economy achieves a soft landing, boosting the outlook for manufacturing and capital expenditures, the technology cycle bottoms out, and disinflation in Asia accelerates to provide scope for easing monetary policy in 2024, the IMF said. However, medium-term prospects are uncertain due to geo-economic fragmentation, with de-risking policies of major economies creating a…