Tag: All Regions

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 10-year US Treasury rose above 4.9 per cent for the first time since 2007, as traders prepared for the likelihood…

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 attacks on accounts using weak passwords or credentials exposed in other data breaches. However, the company says there is no evidence of…

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 Hamas raid. When Dagan urged Petro to speak about the attack on Israel, Colombia’s president replied with a message that…

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 England and Wales contain medium or high-risk levels of PFAS, which have been linked to a range of serious adverse…

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 potentially significant impact on growth, it said. While inflation is expected to ease in 2024, IMF advised central banks to ensure that inflation remains durably at appropriate…

HONG KONG – Hong Kong’s BC Technology Group is exploring the sale of its crypto platform OSL, one of only two exchanges licensed under digital-asset rules the city introduced in June, people familiar with the matter said. BC Technology has gauged interest in OSL from possible buyers such as industry players and funds, and a HK$1 billion (S$175.13 million) valuation has been suggested, the people said, asking not to be identified discussing private information. Shares of BC Technology slumped as…

U.S. President Joe Biden will visit Israel on Wednesday for talks with Israeli Prime Minister Benjamin Netanyahu and make clear Israel has the right to defend itself, Secretary of State Antony Blinken announced on Tuesday. Blinken said after lengthy talks with Netanyahu that Biden will reaffirm solidarity with Israel, which has widely been expected to launch a ground assault in Gaza. Israel has vowed to annihilate the Hamas movement that rules Gaza after fighters burst into Israel on Oct 7,…

BENGALURU – The global smartphone market contracted by 8 per cent to its lowest third-quarter level in a decade on subdued demand for major brands including Apple and Samsung in most developed markets, according to data from Counterpoint Research. The data, shared exclusively with Reuters, showed that the share of the top five brands, which also include Chinese firms Xiaomi, Oppo and Vivo, had fallen to a three-year low. The report fans fears that the market’s ongoing slump could sap…

U.S. Attorney’s Office Eastern District of Florida FOR IMMEDIATE RELEASE Thursday, October 12, 2023  BEAUMONT, Texas – A Houston man who served as a production manager in a counterfeit drug trafficking scheme has been sentenced to federal prison for drug trafficking and money laundering violations in the Eastern District of Texas, announced U.S. Attorney Damien M. Diggs today. Willis Reed, 61, pleaded guilty to conspiracy and was sentenced to 60 months in federal prison today by U.S. District Judge Marcia…

If government regulators prevail against Google in the biggest U.S. antitrust trial in a quarter century, it’s likely to unleash drastic changes that will undermine the dominance of a search engine that defines the internet for billions of people. As the 10-week trial probing Google’s business practices nears its midway point, it’s still too early to tell if U.S. District Judge Amit Mehta will side with the Justice Department and try to handcuff one of the world’s most dominant tech…

Palestinians struggled Saturday to flee from areas of Gaza targeted by the Israeli military while grappling with a growing water and medical supply shortage ahead of an expected land offensive a week after Hamas’ bloody, wide-ranging attack into Israel. Israel renewed calls on social media and in leaflets dropped from the air for Gaza residents to move south, while Hamas urged people to stay in their homes. The U.N. and aid groups have said such a rapid exodus along with…

Gaza – As the ultimatum given to the population expires, MSF calls on the Israeli authorities to show humanity. Despite Israeli announcements suggesting that there are safe areas for the population trapped in the Gaza Strip, they are in fact exposed to bombardment throughout all the territory, including in the south, where tens of thousands of people have fled following the ultimatum. As the Israeli army has been bombarding the Gaza Strip without restraint for a week, we are calling…

Jewish communities in North America are ramping up security in the face of rising emotions over the massacre of Jews in Israel and the imminent invasion of Gaza, with pro- and anti-Israel rallies being held daily in cities across the United States. Eric Fingerhut, CEO of the Jewish Federations of North America, told VOA that the communities are prepared and have built “comprehensive security programs.” But, he said, last Saturday’s Hamas attack against Israel and its aftermath has brought the…

Genetic testing provider 23andMe faces multiple class action lawsuits in the U.S. following a large-scale data breach that is believed to have impacted millions of its customers. Late last month, a threat actor leaked 23andMe customer data in a CSV file named ‘Ashkenazi DNA Data of Celebrities.csv’ on hacker forums. The file allegedly contained the data of nearly 1 million Ashkenazi Jews who used 23andMe services to find their ancestry info, genetic predispositions, and more. Initial leak of 23andMe data on a…

As a ‘very large platform’ under the EU’s new Digital Services Act, X is required to respond by next week and could face massive penalties. The European Union (EU) has formally opened an investigation into X, the platform previously known as Twitter, to ensure it’s complying with the Digital Services Act (DSA) following Hamas’ attack on Israel in early October and subsequent Israeli air assault on Gaza. According to the request, this comes after “indications received by the Commission services…