09 August

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Apple says photos in iCloud will be checked by child abuse detection system By Reuters

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By Stephen Nellis and Joseph Menn (Reuters) - Apple Inc (NASDAQ:AAPL) on Monday said that iPhone users' entire photo libraries will be checked for known child abuse images if they are stored in the online iCloud service. The disclosure came in a series of media briefings in which Apple is seeking to dispel alarm over its announcement last week that it will scan users' phones, tablets and computers for millions of illegal pictures. While Google (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT) and other technology platforms check uploaded photos or emailed attachments against a database of identifiers provided by the...

09 August

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Dollar index near flat as COVID worries offset upbeat economic data By Reuters

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By Caroline Valetkevitch NEW YORK (Reuters) - The U.S. dollar index was little changed on Monday as investors assessed how rising COVID-19 cases in the United States might affect the outlook for the economy. Earlier, bitcoin hit its highest in nearly three months. It was last up 4.3% at $45,726.71, while Ether was up 3.4% at $3,117.10. The U.S. dollar index, which measures the greenback against a basket of currencies, was last up 0.07% at 92.916, near its four-month high of 93.194. Data Monday showed U.S. job openings jumped to a fresh record high in June...

09 August

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Defiant Belarus leader shrugs off sanctions, says athlete was ‘manipulated’ By Reuters

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By Natalia Zinets, William James and Elizabeth Piper KYIV/LONDON/WASHINGTON (Reuters) -A defiant President Alexander Lukashenko said on Monday a Belarusian sprinter defected at the Olympic Games only because she had been "manipulated" by outside forces and shrugged off a coordinated barrage of new Western sanctions. At an hours-long news conference on the anniversary of an election which opponents said was rigged so that he could win, Lukashenko denied being a dictator and said he had defended Belarus against opponents plotting a coup. As he spoke in his presidential palace in Minsk, Britain, Canada and the United...

09 August

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Greece starts to count the cost after week of ‘catastrophic’ fires By Reuters

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By Lefteris Papadimas PEFKI, Greece (Reuters) -Greek villagers who escaped devastating fires on the island of Evia have been counting the cost of the disaster, which destroyed their homes and crops and left them waiting for rescue with nothing to go back to. "It burned everything, there's nothing left," said 77-year-old Makis Ladogiannakis, sitting in a cafe in the seaside town of Pefki, where a ferry waited to evacuate more locals and tourists to safety if needed, as in previous days. "The fire was the biggest catastrophe for the village," he said. "People lived off resin...

09 August

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Britain imposes sanctions on Belarus, Lukashenko retorts: ‘choke on them’ By Reuters

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By William James and Elizabeth Piper LONDON (Reuters) -Britain imposed sanctions on Belarus's potash and petroleum product exports on Monday in an attempt to put pressure on President Alexander Lukashenko, who swiftly retorted that London should "choke on" the new measures. So far Western sanctions have done little to persuade Lukashenko, in power in the former Soviet republic since 1994, to change course from a crackdown on his political opponents. The British sanctions, which prohibited the purchase of transferable securities and money-market instruments issued by the Belarusian state and its state-owned banks, are the...

09 August

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California’s second-largest wildfire grows to near 500,000 acres; 3 hurt By Reuters

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By Kanishka Singh (Reuters) - A raging wildfire in northern California, now the second-largest recorded in state history, expanded to nearly 500,000 acres late on Sunday and has left three firefighters injured. The Dixie Fire, burning northeast of San Francisco, had grown to 489,287 acres or 764.5 square miles (1,980 square kilometers) from about 274,000 acres in the middle of last week, the California Department of Forestry and Fire Protection said on Twitter https:// The blaze has been active for 26 days and is 21% contained, the department said https:// The burned area is about the...

09 August

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Samsung leader Jay Y. Lee granted parole, to leave prison on Friday By Reuters

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By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics vice chairman Jay Y. Lee, in jail after convictions for bribery, embezzlement and other charges, has qualified for parole and is expected to leave prison this Friday, South Korea's justice ministry said. "The decision to grant Samsung Electronics (LON:0593xq) vice chairman Jay Y. Lee parole was the result of a comprehensive review of various factors such as public sentiment and good behavior during detention," the ministry said in a statement on Monday. Convicted of bribing a friend of former President Park Geun-hye, Lee, 53, has served...

09 August

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Sterling slips as currency markets weigh up tapering timelines By Reuters

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London (Reuters) - The pound slipped slightly in early trading on Monday, but was still close to its strongest versus the euro since February 2020, as investors focused on the possible pace of monetary policy tightening after the Bank of England meeting last week. In recent weeks, sterling has outperformed as COVID-19 cases have fallen and high vaccination rates have allowed the British government to lift most social-distancing rules. The pound has strengthened versus the euro for the last three weeks in a row, and on Friday reached 84.7 pence per euro, its strongest since February...

09 August

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Private equity firms revise China strategy as regulatory crackdown widens By Reuters

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By Kane Wu and Julie Zhu HONG KONG (Reuters) - Private equity firms are rethinking their strategies in China as a widening regulatory crackdown on some of the country's hottest sectors forces investors to scout for bets in other industries that they hope will be less vulnerable to sudden policy changes. Private equity (PE) and venture capital (VC) funds are pivoting away from data-heavy, consumer-facing internet companies to sectors including semiconductors and renewable energy, industry executives said. The shift comes as investors reel from a barrage of regulatory scrutiny and radical rule changes in the...

09 August

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Morrisons suitor CD&R given more time to make counter offer By Reuters

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By James Davey LONDON (Reuters) -Morrisons suitor, U.S. private equity group Clayton, Dubilier & Rice (CD&R), has been given more time to consider a counter takeover bid for the supermarket group. Britain's Takeover Panel, which regulates takeover activity, said on Monday CD&R would have until August 20 to announce a firm intention to make an offer for Morrisons or walk away, a so-called "put-up or shut-up" order, extending a previous Aug. 9 deadline. Morrisons, which on Friday agreed a raised 6.7 billion pounds ($9.3 billion) offer from a consortium led by Softbank owned Fortress Investment Group,...

Меню

Apple says photos in iCloud will be checked by child abuse detection system By Reuters

Dollar index near flat as COVID worries offset upbeat economic data By Reuters

Defiant Belarus leader shrugs off sanctions, says athlete was ‘manipulated’ By Reuters

Greece starts to count the cost after week of ‘catastrophic’ fires By Reuters

Britain imposes sanctions on Belarus, Lukashenko retorts: ‘choke on them’ By Reuters

California’s second-largest wildfire grows to near 500,000 acres; 3 hurt By Reuters

Samsung leader Jay Y. Lee granted parole, to leave prison on Friday By Reuters

Sterling slips as currency markets weigh up tapering timelines By Reuters

Private equity firms revise China strategy as regulatory crackdown widens By Reuters

Morrisons suitor CD&R given more time to make counter offer By Reuters

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