Business News - The Last 24 Hours

Father who was facing trial for allegedly sexually assaulting daughter ‘told wife to leave Hong Kong with children’
SCMP - 37 min 32 sec ago
A man accused of perverting the course of justice when he was due to stand trial for sexually assaulting his daughter was recorded instructing his wife “not to come back” on the day she left Hong Kong with the children, a court heard.Prosecutors on Friday played nine video clips seized from Lai Chi Kok Reception Centre, which recorded conversations between the man and his wife, son, younger brother and parents during visits while he was remanded on charges of rape and indecent assault,…

COMMENTARY:

Wall Street Journal - Popular Gay TV Show in Hong Kong Draws Political Attacks, Raising Worries Over Rights - 3 hours 52 min ago

Tom Barrack SPAC pulls SEC registration, IPO plan as bail hearing for Trump ally moved to Friday in L.A.
CNBC - 1 hour 51 sec ago
Thomas Barrack, a close friend of Donald Trump, is accused of illegally lobbying for the United Arab Emirates during Trump's campaign and presidency.

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Associated Press - AP source: OU, Texas talk to SEC about joining league - Journal Record - 22 hours 14 min ago

Biden administration purchases extra Pfizer doses to prepare for possibility of children vaccine needs and booster shots
CNN - 1 hour 7 min ago
The Biden administration purchased an additional 200 million doses of Pfizer-BioNTech's Covid-19 vaccine to prepare for potential additional vaccine needs in the US, an administration official familiar with the contract tells CNN.

CNN - What Ted Lasso knows about Joe Biden - 12 hours 36 min ago

SCMP - China-US Tianjin meeting comes as both sides adjust to 6 months of Biden - 17 hours 25 min ago

NDTV - Jill Biden Leads US Delegation To Tokyo Olympics Amid Pandemic Fears - 22 hours 35 min ago

CNBC - Biden administration aims to rein in abusive non-compete agreements - 22 hours 52 min ago

COMMENTARY:

The Independent - Jill Biden congratulates Team USA’s Olympic athletes for their ‘rare accomplishment’ during pandemic - 3 hours 55 min ago

Indiatimes - United States Senate panel boosts Joe Biden's defence budget plan by $25 billion - 3 hours 56 min ago

ZeroHedge - Who Will Own Economic Populism? Biden's New Competition Order, Antitrust Policy And Their Future - 16 hours 46 min ago

Financial Post - Biden Hosts Business, Labor Chiefs Amid Infrastructure Drama - 17 hours 38 min ago

BusinessInsider - Biden nominates Comcast executive David Cohen -- a major campaign donor -- to be US ambassador to Canada - 19 hours 57 min ago

Landslides in India kill dozens, as monsoon floodwaters trap over 1,000
SCMP - 1 hour 16 min ago
Landslides triggered by heavy monsoon rains hit parts of western India, killing at least 47 people and leading to the rescue of more than 1,000 other people trapped by floodwaters, officials said on Friday.The dead were killed in three landslides in Raigad district in western Maharashtra state, said District Collector Nidhi Chaudhary. Many of those rescued were stranded on rooftops and even on top of buses on highways, she said.State government official Sagar Pathak said in addition to the 47…

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Deutsche Welle - India: Dozens killed in flooding, landslides - 3 hours 43 min ago

CNN - Zomato shares soar in red-hot start for first Indian unicorn to go public - 7 hours 30 min ago

Bloomberg - LIC Mutual Fund Ritu Modi on Passive Investing in India - Bloomberg - 10 hours 43 min ago

COMMENTARY:

Russia Today - Monsoon rains trigger floods and landslides in India leaving at least 67 dead - 1 hour 28 min ago

The Independent - India eyes ‘historic’ Games as it sends largest-ever delegation to Tokyo 2020 - 4 hours 10 min ago

TechCrunch - Food delivery firm Zomato surges 65% in key India debut - 5 hours 16 min ago

Indiatimes - Pakistan voices 'serious concern' over reports about India's alleged use of Pegasus spyware - 5 hours 56 min ago

Financial Post - Top Indian Oil Refiner Betting on Robust Future for Fossil Fuels - 6 hours 1 min ago

The Hindu - Financial bids for Air India likely by Sept. 15, says govt. - 21 hours 51 min ago

BusinessInsider - Delivery of 3 more advanced US-made sub-hunting aircraft boosts India's plans to take on China at sea - 22 hours 39 min ago

In China, Zhengzhou mops up but other cities prepare for In-fa flood havoc to come
SCMP - 1 hour 28 min ago
As China redoubles efforts to help the central province of Henan recover from floods that have left at least 56 dead, the typhoon that largely contributed to the deluge is fast approaching other parts of the country.Over the past several days, the heaviest rains in decades have caused massive floods throughout Henan, starting in the provincial capital of Zhengzhou before wreaking havoc in other cities and towns.The flood control headquarters of Xinxiang, a city of 6 million where thousands are� ...

CNN - Death toll rises as passengers recount horror of China subway floods - 8 hours 54 min ago

NDTV - Villagers Flee Fresh Floods In Central China As Typhoon Approaches - 10 hours 28 min ago

Deutsche Welle - Germany floods: Politicians and the balancing act amid crisis - 10 hours 29 min ago

COMMENTARY:

Euronews - Germany flood victims distraught as the clean-up begins - 2 hours 23 min ago

Indiatimes - Watch! Naval Rescue teams in action as parts of Maharashtra inundated with rain floods - 2 hours 56 min ago

Financial Post - Zhengzhou floods serve China’s urban planners deadly warning - 6 hours 21 min ago

Global Times - Chinese insurers move swiftly to handle rising claims after floods in Henan - 18 hours 48 min ago

ZeroHedge - Dangerous Floods Hit Towns In Turkey's Eastern Black Sea Region - 23 hours 28 min ago

Alabama Republican Gov. Ivey says 'start blaming the unvaccinated folks' for rise in Covid cases
CNN - 1 hour 41 min ago
Alabama Republican Gov. Kay Ivey on Thursday called out "the unvaccinated folks" for the rise in Covid-19 cases in her state, a remarkable plea at a time when many GOP leaders are refusing to urge people to get vaccinated even as Covid-19 cases surge in many parts of the country.

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Associated Press - More communities recommend masks amid rise in COVID-19 cases - Associated Press - 2 hours 9 min ago

SCMP - China seeks Portugal’s backing in opposing politicising of Covid-19 probe - 5 hours 25 min ago

NDTV - New COVID-19 Variant "Probable" This Year, Top French Expert Warns - 6 hours 19 min ago

CNN - Mother holds vaccination drive at memorial for her 46-year-old son who died of Covid-19 - 6 hours 49 min ago

CNBC - CDC group weighs Covid booster shots for immunocompromised people at higher risk of breakthrough infections - 21 hours 10 min ago

COMMENTARY:

Russia Today - Moderna's Covid-19 jab given green light by EU drugs regulator for use in adolescents - 1 hour 25 min ago

Indiatimes - Covid-19: ‘Virus will not mutate so dramatically in coming months’, says Randeep Guleria - 1 hour 56 min ago

Wall Street Journal - Covid-19 Surge Hits Myanmar's Hobbled Healthcare System - 2 hours 26 min ago

BusinessInsider - A clothing brand was fined $3.7 million for claiming its clothes stopped the spread of COVID-19 thanks to a special 'shield' spray - 2 hours 36 min ago

Financial Post - Sterling drops as COVID ‘pingdemic’ hits rebound in July - 4 hours 12 min ago

The Straits Times - Businesses welcome wage support, other measures in $1.1b Covid-19 relief package - 5 hours 10 min ago

ZeroHedge - Eric Clapton Says He Won't Play At Shows Where COVID-19 Vaccination Proof Is Required - 6 hours 26 min ago

The Independent - Delta variant of Covid one of the most infectious of all respiratory diseases, CDC director says - 8 hours 36 min ago

AllAfrica - Africa: We Created a Tool to Help Predict Covid-19 Increases in African Countries - 9 hours 43 min ago

Euronews - New Zealand suspends COVID travel bubble with Australia - 10 hours 12 min ago

Global Times - Cannes grossed out by festival COVID-19 tests - 22 hours 2 min ago

Unvaccinated nursing instructor in Missouri is hospitalized with Covid-19 and urging everyone to get the vaccine
CNN - 1 hour 43 min ago
Christy Henry says she and her family did not get vaccinated because they felt their rural Missouri location and lifestyle made risk of exposure low. Now she and her husband are in the hospital with Covid-19.

NDTV - Delta Surges Through US, Where Vaccine Myths Are Hurting It Big - 9 hours 34 min ago

FOX Business - Pfizer vaccine 88% effective against delta variant: study - 10 hours 35 min ago

Associated Press - GOP's vaccine push comes with strong words, few actions - Associated Press - 16 hours 42 min ago

Bloomberg - Australia's Tehan on Vaccines, China, Digital Trade Plan - Bloomberg - 22 hours 46 min ago

CNBC - CDC says benefits of J&J Covid vaccine still outweigh risks after reports of rare neurological disorder - 23 hours 4 min ago

COMMENTARY:

Indiatimes - Consider compulsory license for Covid-19 vaccine, laws for IP financing, piracy: Panel to govt - 56 min 4 sec ago

The Independent - Texas anti-vax doctor calls for Covid shots to be scrapped, claiming vitamins are better than vaccines - 1 hour 22 min ago

Financial Post - EU regulator endorses use of Moderna’s COVID-19 vaccine in teens - 2 hours 4 min ago

BusinessInsider - Sean Hannity walked back his enthusiasm for COVID-19 vaccines after being praised by the White House - 3 hours 58 min ago

AllAfrica - Zimbabwe: Vaccine Inequity to Affect Socio-Economic Recovery in Low Income Countries - 5 hours 58 min ago

Russia Today - New South Wales premier sparks row with other Australian state leaders after requesting priority access to Covid-19 vaccines - 7 hours 18 sec ago

Euronews - Fact-Check: Video does not show French police joining protests against vaccine passports - 7 hours 8 min ago

Global Times - France launches vaccine pass for several public, cultural venues - 20 hours 53 min ago

South Africa Says Third Coronavirus Wave Has Passed Its Peak - BloombergQuint
Bloomberg - 2 hours 22 min ago
South Africa Says Third Coronavirus Wave Has Passed Its Peak BloombergQuint

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SCMP - Coronavirus: most cases in Chinese airport cluster were vaccinated - 2 hours 53 min ago

CNN - 5 things to know for July 23: Abortion, Afghanistan, coronavirus, economy, Cuba - 5 hours 4 min ago

Deutsche Welle - UK eyes plan to end coronavirus 'pingdemic' - 6 hours 30 min ago

CNBC - Georgia film industry saw record production spend during coronavirus pandemic - 22 hours 19 min ago

COMMENTARY:

Russia Today - Orban announces mandatory coronavirus vaccine for Hungary’s healthcare workers and jabs for schoolkids - 6 hours 4 min ago

Financial Post - Currencies ease as dollar firms, coronavirus worries persist - 6 hours 6 min ago

Sydney Morning Herald - Tokyo coronavirus cases surge ahead of opening ceremony - 17 hours 6 min ago

Washington Post - Why the Vaccinated Are Still at Risk From Coronavirus - 23 hours 46 min ago

‘It’s not a blame game’: WHO calls for all countries to help in Covid-19 origins hunt
SCMP - 2 hours 46 min ago
All countries have a responsibility to work together to uncover the origins of Covid-19, the World Health Organization said on Friday, a day after China flatly rejected a proposal for further research into how the pandemic started.Asked about China’s rejection of the plan, WHO spokesman Tarik Jasarevic said : “This is not about politics, it’s not about a blame game.“It is about basically a requirement we all have to try to understand how the pathogen came into the human population. In th ...

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NDTV - China Rejects WHO Plan For Second Phase Of COVID-19 Origins Probe - 20 hours 45 min ago

COMMENTARY:

Russia Today - 'Not a blame game': WHO urges collaboration after Beijing rejects proposed second probe into Covid-19 origins - 3 hours 18 min ago

Zomato IPO Vaults 38-Year-Old Founder Among India’s Super Rich - BloombergQuint
Bloomberg - 3 hours 4 min ago
Zomato IPO Vaults 38-Year-Old Founder Among India’s Super Rich BloombergQuint

Bloomberg - South Korea's KakaoBank to Raise $2.2 Billion in IPO - Bloomberg - 14 hours 56 min ago

COMMENTARY:

Financial Post - Billionaire Thomas Barrack-backed SPAC withdraws IPO filing - 1 hour 8 min ago

TechCrunch - Duolingo’s bellwether IPO - 1 hour 25 min ago

The Guardian - Shares in Indian food startup Zomato jump 80% on IPO - 2 hours 7 min ago

Indiatimes - Morning Brief: Zomato IPO: First timers' FOMO? - 11 hours 26 min ago

The Straits Times - China weighing unprecedented penalty for Didi after US IPO - 17 hours 41 min ago

Stocks making the biggest moves premarket: Skechers, Boston Beer, Snap, Twitter & more
CNBC - 3 hours 22 min ago
These are the stocks posting the largest moves before the bell.

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FOX Business - Twitter surpasses revenue targets with ad improvements - 5 hours 18 min ago

BBC - Twitter and Snap add users as restrictions ease - 17 hours 5 min ago

CNBC - Stocks making the biggest moves after hours: Twitter, Snap, Intel and more - 18 hours 38 min ago

CNN - Twitter is having an inexplicably awesome 2021 - 23 hours 3 min ago

COMMENTARY:

Indiatimes - Karnataka HC quashes notice against Twitter MD Manish Maheshwari - 2 hours 56 min ago

BusinessInsider - Snap soars 17% after a stunning Q2 earnings beat, while Twitter jumps 5% - 4 hours 54 min ago

New York Post - Twitter beats revenue targets with ad upgrades, shares jump 7 percent - 14 hours 34 min ago

The Straits Times - Twitter posts strong sales, forecast on bounce back in ads - 17 hours 36 min ago

ZeroHedge - Twitter Shares Soar AFter Hours After Top-Line Beat & Raise - 19 hours 8 min ago

Microsoft gets new Street-high price target from Citi. Why one trader says 'it’s a staple within your portfolio'
CNBC - 3 hours 52 min ago
Investors "need to have" Microsoft in their portfolios, says Bill Baruch of Blue Line Capital.

COMMENTARY:

Financial Post - Where to invest in volatile markets: Look beyond Apple, Microsoft and Amazon - 5 hours 14 min ago

Trump loyalists echo false Arizona election fraud claims in hopes of winning midterms
CNN - 4 hours 40 sec ago
A slew of midterm candidates are using phony election fraud claims in Arizona to cozy up to Trump supporters

NDTV - US Moves To Drop Visa Fraud Charges Against Chinese Researcher - 10 hours 52 min ago

COMMENTARY:

BusinessInsider - Trump's PAC has spent no money on ballot audits as he pushes his election fraud claims, but has funded his flights and other personal expenses, report says - 4 hours 55 min ago

Half of US states are now using facial recognition software from this little-known company to vet unemployment claims
CNN - 4 hours 13 min ago
After being let go from his job as a software quality-assurance engineer in April, Eric Watkins said he filed for unemployment benefits in Colorado. But he hasn't received a penny of the $6,490 he said he was eligible receive and he's not sure when he will.

COMMENTARY:

BusinessInsider - People didn't rush back to work when their unemployment benefits were cut early, a new study finds, despite what some GOP governors predicted - 3 hours 50 min ago

AllAfrica - Nigeria: Nigeria Going Through Its Worst Unemployment Crisis - World Bank - 7 hours 9 min ago

The Independent - California makes change to pay unemployment benefits faster - 14 hours 33 min ago

Coronavirus: Taiwan eases lockdown as cases wane
SCMP - 4 hours 25 min ago
Taiwan will ease its soft coronavirus lockdown from next week, with the number of daily reported Covid-19 infections falling in the past few weeks.The decision to lower the alert from three to two in the four-tier scale from Tuesday was expected to help ailing businesses and services forced to suspend their operations to contain a spike in coronavirus cases, government officials said.“As the number of cases of unknown source has remained below 10 for more than a week … we have decided to low ...

COMMENTARY:

Russia Today - Lockdown imposed on millions of children as Philippines battles soaring Covid cases - 3 hours 19 min ago

Financial Post - Australia tightens Sydney lockdown in ‘national emergency’ COVID-19 scare - 10 hours 31 min ago

China’s provincial GDPs show widening gap between coastal and inland regions, as second-half economic concerns loom
SCMP - 4 hours 29 min ago
The disparities in provincial growth across China widened further during the past six months, with the economies in coastal regions surging ahead on the back of increased exports while inland provinces continued lagging behind due to their dependency on slowing government investments, according to a Post analysis of new half-year provincial economic data.The results contrast starkly with Beijing’s attempts to balance regional development while cultivating self-sufficient development strategies ...

COMMENTARY:

AllAfrica - Zimbabwe: Second Republic Economic Reforms Charm China - 5 hours 10 min ago

UK sanctions Equatorial Guinea leader's son over 'lavish lifestyle' spending
CNN - 4 hours 37 min ago
Britain on Thursday sanctioned the son of Equatorial Guinea's president for misappropriating millions of dollars which London said was spent on luxury mansions, private jets and a $275,000 glove worn by Michael Jackson.

Deutsche Welle - Biden announces fresh sanctions against Cuba - 18 hours 29 min ago

CNBC - U.S. sanctions Cuban defense minister, special forces over crackdown on protests - 21 hours 30 min ago

CNN - Biden administration preparing sanctions on Cuban regime - 23 hours 11 min ago

Bloomberg - Venezuela Snubs U.S. Sanctions With First Oil Import This Year - Yahoo Finance - 23 hours 36 min ago

COMMENTARY:

Sydney Morning Herald - Equatorial Guinea VP who bought Michael Jackson’s glove hit by British sanctions - 13 hours 51 min ago

Russia Today - ‘Beginning’ of the end? Biden warns Cuba of looming torrent of sanctions - 14 hours 54 min ago

Wall Street Journal - U.S. Sanctions Cuba Over Protest Crackdown - 18 hours 36 min ago

The Independent - Biden announces new sanctions on Cuba after crackdown on anti-government protesters - 20 hours 21 sec ago

Plot of land in rural Kwu Tung draws strong response from Hong Kong developers betting on future housing demand, transport links
SCMP - 5 hours 27 min ago
A medium-sized residential site in one of the least developed areas of Hong Kong has generated a strong response from developers vying to get their hands on some of the limited land available in the world’s most expensive property market.Twelve bids were submitted for the site – called Area 24 – in the Kwu Tung area of Hong Kong’s northern New Territories before the tender closed on Friday at noon. The developers are betting on future housing demand in the sparsely populated area once tr ...

Semiconductor Shortage Should Ease, Valeo CEO Says - Bloomberg
Bloomberg - 5 hours 48 min ago
Semiconductor Shortage Should Ease, Valeo CEO Says Bloomberg

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Bloomberg - Volvo Cars CEO Sees No Improvement in Semiconductor Situation - Bloomberg - 7 hours 58 min ago

CNBC - Quest Diagnostics is seeing a rise in Covid tests as delta variant spreads, CEO says - 16 hours 43 min ago

COMMENTARY:

ZeroHedge - "I See The Inflationary Pressure Very Clearly": Stellantis CEO Says Rising Prices Coming "From Many Different Areas" - 3 hours 11 min ago

BusinessInsider - McDonald's CEO says corporate staff will return to the office 3 days a week. 'We ultimately are an in-person business.' - 4 hours 29 min ago

AllAfrica - South Africa: Pick N Pay CEO and Alcohol Sector Urge President Ramaphosa to End the Booze Ban - 6 hours 44 min ago

TechCrunch - Cowboy Ventures’ Ted Wang: CEO coaching is ‘about having a second set of eyes’ - 18 hours 45 min ago

China's Didi App Facing Record Fine, Weeks After US Listing: Report
NDTV - 7 hours 22 min ago
Chinese regulators could hit ride-hailing giant Didi Chuxing with a more severe punishment than Alibaba's record fine, just weeks after its contentious New York initial public offering, a report said.

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BBC - Didi shares fall on reports China is planning penalties - 11 hours 56 min ago

Bloomberg - Didi Faces New Regulatory Pressure From China - Bloomberg - 13 hours 20 min ago

Made in China, sold on Amazon: Beijing says banned Chinese sellers facing ‘growing pains’ of cross-border e-commerce
SCMP - 8 hours 25 min ago
Beijing has acknowledged the challenges of bringing “Chinese solutions” to Western e-commerce platforms after Amazon banned some of the biggest Chinese merchants on the platform for breaking its rules, dealing a heavy blow to China’s push into cross-border e-commerce as Chinese sellers increase their presence abroad.As the country’s cross-border e-commerce industry has grown, differences in laws, cultures and acceptable business practices have led to Chinese companies facing serious chal ...

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Associated Press - Business Highlights: Amazon's 'keys,' jobless claims - Associated Press - 17 hours 33 min ago

COMMENTARY:

Indiatimes - Karnataka High Court junks Amazon-Flipkart plea against CCI probe - 56 min 4 sec ago

BusinessInsider - The best deals and sales happening on Amazon right now - save on the Instant Pot, Le Creuset, Roku, and Apple TV 4K - 1 hour 2 min ago

Washington Post - Amazon pledges to investigate discrimination after internal petition wins backing of hundreds of employees - 4 hours 25 min ago

Financial Post - U.S. agency approves three airport security agreements with Amazon.com Air unit - 17 hours 5 min ago

The Independent - Donald Trump Jr pummeled on Twitter for going after Bezos’ treatment of Amazon workers - 17 hours 43 min ago

The Hindu - CCI accuses Amazon of hiding facts in deal for Future unit - 22 hours 34 min ago

India food delivery giant Zomato sees stellar stock market debut
BBC - 9 hours 50 min ago
Shares in the Ant Group-backed company traded more than 80% higher than their initial public offering price.

CNBC - Jim Cramer says near-term Covid delta variant concerns won't threaten long-term stock market gains - 16 hours 56 min ago

CNN - Fact check: Rep. Eric Swalwell falsely says Mitch McConnell only got 'serious' about Covid-19 vaccines after Monday stock market dip - 17 hours 16 min ago

COMMENTARY:

Financial Post - World stocks perk up as volatile week ends on high note - 4 hours 15 min ago

Arrest of a Trump friend sends key message
CNN - 12 hours 29 min ago
The prosecution is a welcome first step to rein in both foreign lobbying generally and the corruption seemingly surrounding the former president specifically, but much more is needed on both counts, write Norman Eisen, Claire Finkelstein and Richard Painter.

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CNN - How Trump proved Pelosi right - 16 hours 51 min ago

CNBC - Trump allies Jordan and Banks were 'ridiculous' choices for Jan. 6 commission, Pelosi says - 22 hours 15 min ago

COMMENTARY:

The Independent - Trump's sway tested in race for open mid-Ohio US House seat - 3 hours 42 min ago

BusinessInsider - Top Stories this AM: Trump 'unsettled' by Giuliani's hair dye drips; more stim checks drop; Olympic (allegedly) sex-proof beds are actually pretty bouncy - 4 hours 26 min ago

UN rejects Russian bid to scrap Bosnia peace envoy post
Deutsche Welle - 13 hours 8 min ago
Russia sought to abolish the post after refusing the appointment of a German politician to the position, arguing that the selection was not made by the UN Security Council.

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Deutsche Welle - EU slams Russia's 'continued crackdown' on journalists - 15 hours 26 min ago

CNN - Iranian ships that appeared headed for Venezuela are now in Baltic Sea approaching Russia - 19 hours 1 min ago

SCMP - Russia-China bromance is going strong, but it’s far from perfect - 21 hours 55 min ago

COMMENTARY:

Financial Post - Russia raises key rate to 6.5% in sharpest move since 2014 - 1 hour 3 min ago

BusinessInsider - Russia disconnected itself from the rest of the internet, a test of its new defense from cyber warfare, report says - 2 hours 26 min ago

The Independent - Russia battles with ‘catastrophic’ wildfires as scrutiny turns to lack of fire defence funding - 3 hours 33 min ago

Indiatimes - Russia to help Tajikistan build outpost on Afghan border: Report - 3 hours 56 min ago

Euronews - ‘Handful’ of Russians denied place at Olympics over doping suspicions - 5 hours 4 min ago

Global Times - Could Russia's newly unveiled Checkmate rival China's FC-31 in global market? - 18 hours 14 min ago

Russia Today - Russian-made air defense systems shot down ALL Israeli missiles targeting Syria’s Homs – military - 19 hours 6 min ago

ZeroHedge - Russia Takes Ukraine To Europe's Top Rights Court Over Civilian Deaths In Maidan & Donbass - 22 hours 15 min ago

Washington Post - Why the World Worries About Russia’s Nord Stream 2 Pipeline - 22 hours 51 min ago

Joe Biden’s digital trade deal could see US rejoin Asia-Pacific pact ditched by Donald Trump
SCMP - 13 hours 12 min ago
Plans by the United States for a digital trade agreement covering Indo-Pacific economies may be a step toward Washington rejoining a regional trade deal that president Donald Trump exited in 2017, Australian trade minister Dan Tehan said.Details of the potential digital accord are still being drafted, but the pact could include countries such as Australia, Canada, Chile, Japan, Malaysia, New Zealand and Singapore, according to earlier reports.Asked by Bloomberg Television’s Annmarie Hordern on ...

Software vendor caught up in ransomware attack obtains decryptor key
CNN - 16 hours 54 min ago
Kaseya, the software firm whose remote access tool was used to deliver REvil ransomware to hundreds of businesses around the world this month in a devastating supply-chain attack, has obtained a decryptor key allowing it to unlock networks seized by the malware, the company confirmed to CNN Business.

RELATED:

Associated Press - Ransomware victim Kaseya gets master key to unlock networks - Associated Press - 20 hours 19 min ago

COMMENTARY:

New York Times - Kaseya, the tech firm hit by ransomware, gets the key to unlock its customers’ data. - 17 hours 7 min ago

Washington Post - Company hit by massive ransomware attack obtains key to unlock customer files - 22 hours 27 min ago

'I might pump but I don’t dump': Elon Musk says he plans to hold bitcoin long-term⁠—here's why that could be a good strategy
CNBC - 17 hours 26 min ago
Though experts warn that bitcoin can be a risky, speculative investment, many agree that Elon Musk's long-term holding strategy may be the best practice.

RELATED:

FOX Business - Bitcoin interest rising in younger investors: Gallup - 18 hours 37 min ago

COMMENTARY:

BusinessInsider - Bitcoin ownership has tripled in the US since 2018 - but 60% of investors view the cryptocurrency as a high-risk bet, survey finds - 1 hour 45 min ago

TechCrunch - Jack Dorsey says bitcoin will be a big part of Twitter’s future - 15 hours 18 min ago

ZeroHedge - Small Caps Slammed As 'Short Squeeze' Ammo Dries Up, Bonds & Bitcoin Bid - 19 hours 25 min ago

American Airlines planning to add more than 1,300 new pilots by end of 2022
FOX Business - 18 hours 2 min ago
American Airlines plans to hire on more than 1,300 by the end of 2022 as the airline sees an increased demand for travel following the worst of the coronavirus pandemic.

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FOX Business - Southwest Airlines sees July rebound after turning profit - 23 hours 5 min ago

COMMENTARY:

AllAfrica - Zimbabwe: Airlines Interest in Zimbabwe a Huge Endorsement - 5 hours 10 min ago

New York Times - Airlines See a Surge in Domestic Flights, Beating Forecasts - 21 hours 31 min ago

Financial Post - Websites of airlines, banks, tech companies down in widespread outage - 22 hours 47 min ago

These summer activities can impact next year's tax situation
CNBC - 19 hours 48 min ago
Some things that are more common during the summer also may have an impact on your taxes, the IRS noted recently.

COMMENTARY:

Indiatimes - Govt set to overshoot FY22 tax collection target as Q1 mop-up reaches Rs 5.6 lakh cr: Icra - 56 min 4 sec ago

Washington Post - The next child tax credit payment date is Aug. 13. Here are some key things you should know. - 4 hours 25 min ago

Financial Post - Mexico Tycoon’s Tax Case in Top Court, With $2 Billion at Stake - 16 hours 30 min ago

BusinessInsider - The IRS just disbursed 2.2 million more $1400 stimulus payments, but it mostly went to recent tax filers - 17 hours 16 min ago

The Guardian - Bonanzas in private equity world spark call for tax relief limit - 20 hours 3 min ago