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The quake struck off Mindanao island at a depth of 60 km (37.3 miles), according to the German Research Center for Geosciences (GFZ). PHIVOLCS director Teresito Bacolcol told DZRH radio the earthquake's intensity was "destructive, so we would expect damage". The earthquake lasted several seconds, he said, advising residents to be on alert for aftershocks as strong as magnitude 6.2. Radio announcer Leny Aranego in General Santos city, close to Glan, said the quake shook buildings and desks. Michael Ricafort, an economist at the lender RCBC, said in a Facebook post passengers at General Santos City airport were evacuated to the tarmac.

Persons: Angel Dugaduga, Amor Mio, Mio, Teresito Bacolcol, Leny Aranego, Michael Ricafort, Shubhendu Deshmukh, Neil Jerome Morales, Mikhail Flores, Kanupriya Kapoor, Andrew Cawthorne Organizations: Fire, German Research Center, Geosciences, General Santos, Thomson Locations: Philippines, Fire MANILA, Mindanao, Glan, Earthquakes, Philippine, Koronadal, General Santos, Bengaluru, Manila

☆ Teck to sell majority stake in $8.9 bln coal business to Glencore - Globe & Mail
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

Glencore will pay $6.9 billion for a 77% stake in Teck's coal unit, while Japan's Nippon Steel (5401.T) will pay $1.7 billion and swap its interest in one of Teck's coal operations for 20% of the coal business, the report said, citing sources. The Wall Street Journal first reported that Glencore and Teck were in advanced talks on a deal that would value Teck's coal assets at close to $10 billion. Glencore and Nippon Steel declined to comment. The Vancouver-based company has twice rejected an unsolicited $22.5 billion bid for the entire company from Glencore. The company in July said it had received offers from "various" interested parties for its coal business.

Persons: Lyle Stafford, Glencore, Korea's, Teck, Posco, Shubhendu Deshmukh, Shubham, Sonia Cheema Organizations: REUTERS, Teck Resources, Glencore Plc, Asian, Nippon Steel, Globe & Mail, Japan's Nippon Steel, Street Journal, Reuters, Thomson Locations: Teck, Vancouver , British Columbia, Canada, KS, Glencore, The Vancouver, Bengaluru

☆ Fitch plans to withdraw ratings of Country Garden Services
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsNov 13 (Reuters) - Global ratings agency Fitch said on Monday it plans to withdraw all the ratings on China's Country Garden Services Holding (6098.HK) on or about Dec. 12 for commercial reasons. "Fitch believes that Country Garden Services investors benefit from increased rating coverage by Fitch and is providing approximately 30 days' notice to the market of the rating withdrawal," the ratings agency said in a statement on Monday. Fitch had downgraded Country Garden Services to BB+ and placed its rating on negative watch last week. Country Garden Holdings missed its coupon payment in October, triggering default terms.

Persons: Aly, Fitch, Shubhendu Deshmukh, Kim Coghill Organizations: Shanghai Country Garden, REUTERS, Garden Services, HK, Fitch, Country Garden Service, Garden Holdings, Reuters, Thomson Locations: Shanghai, China, Beijing, Bengaluru

☆ Magnitude 6.9 earthquake strikes Banda Sea in Indonesia; no tsunami warning
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: 1 min

Nov 8 (Reuters) - An earthquake of magnitude 6.9 struck the Banda Sea region in Indonesia on Wednesday, the European Mediterranean Seismological Centre (EMSC) said. The quake was 370 km (229.9 miles) southeast of Ambon, Indonesia and estimated at a depth of 146 km, EMSC added. There was no tsunami threat from the earthquake, the Pacific Tsunami Warning Center (PWTC) said. EMSC had initially reported it as magnitude 6.8. Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: EMSC, Shubhendu Deshmukh, Jamie Freed Organizations: Mediterranean Seismological, Tsunami Warning, Thomson Locations: Banda, Indonesia, Ambon, Bengaluru

☆ US consultancy Gallup withdrawing from China -FT
▼ + stars: | 2023-11-04 | by ( ) www.reuters.com time to read: 1 min

Nov 4 (Reuters) - Consultancy firm Gallup is pulling out of China, the Financial Times newspaper reported on Saturday. The Washington-based firm has told its clients it is closing its China operations and advised customers that it would move some projects outside the country, while others would be cancelled, according to the newspaper. It started its China operations in 1993 and had offices in Beijing, Shanghai and Shenzhen, the report said citing public payroll records. Gallup is closing all three offices in mainland China and it is unclear whether it will retain some of its local employees, the report added. Reporting by Shubhendu Deshmukh in Bengaluru; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Shubhendu Deshmukh, Jason Neely Organizations: Consultancy, Gallup, Financial Times, Thomson Locations: China, Washington, Beijing, Shanghai, Shenzhen, Bengaluru

☆ Alaska Airlines sued over attempt by off-duty pilot to shut down engines
▼ + stars: | 2023-11-03 | by ( Steve Gorman | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +3 min

The lawsuit stems from an in-flight emergency declared by the crew of Alaska Airlines Flight 2059 over the Pacific Northwest while the aircraft was en route from Everett, Washington, to San Francisco, on Oct 22. The suit also names Horizon Air - the regional subsidiary operating the Alaska Airlines flight- as a defendant. Alaska Airlines in an emailed statement to Reuters said that they have received the complaint and are reviewing it. The suit also seeks injunctive relief mandating Alaska Airlines and Horizon Air to conduct examinations of all anticipated flight crew and jump seat passengers, including their "mental health status". Joseph David Emerson was the Alaska Airlines pilot who was riding as a standby employee passenger in the cockpit "jump seat".

Persons: Joseph David Emerson, Dave Killen, Emerson, Steve Gorman, Abinaya, Shubhendu, Chandni Shah, Mrinmay Dey, Gokul, Devika Nair, Aurora Ellis Organizations: Alaska Airlines, Horizon Air, Horizon, Reuters, Alaska Air, Shubhendu Deshmukh, Thomson Locations: Multnomah County, Portland , Oregon, U.S, Seattle, Pacific Northwest, Everett , Washington, San Francisco, Washington, Los Angeles, Bengaluru

☆ X social media to test $1 subscription for posting content, like, reply
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: 1 min

The logo of social media platform X, formerly Twitter, is seen alongside the former logo in this illustration taken, July 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOct 17 (Reuters) - Social media platform X, formerly known as Twitter, said on Tuesday it will test a $1 annual fee under a new subscription model for posting content, replies, likes, reposts or quoting other accounts' posts, and bookmarking posts. The purpose of introducing "Not A Bot", the new subscription model, is to combat bots and spammers, X said. Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Subhranshu SahuOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, X, Shubhendu Deshmukh, Subhranshu Sahu Organizations: REUTERS, Twitter, Thomson Locations: Bengaluru

☆ X social media to test $1 annual subscription for basic features
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +1 min

The logo of social media platform X, formerly Twitter, is seen alongside the former logo in this illustration taken, July 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOct 17 (Reuters) - Social media platform X, formerly known as Twitter, said on Tuesday it will test a new subscription model under which it will charge $1 annual fee for basic features. The purpose of introducing the new subscription model is to combat bots and spammers, X said, adding that the fee will vary from country to country based on the exchange rate. X said the new method will be first available for users in New Zealand and Philippines. In July, X had introduced a limit on viewing tweets, "to ensure the authenticity" of its user base.

Persons: Dado Ruvic, X, Elon Musk, Linda Yaccarino, Shubhendu Deshmukh, Subhranshu Sahu, Rashmi Organizations: REUTERS, Twitter, Reuters, Thomson Locations: New Zealand, Philippines, Bengaluru

U.S. Bankruptcy Judge David Jones, who oversees more major Chapter 11 cases than any other U.S. judge, is seen in a screenshot from video shot during a virtual interview with Reuters done from Houston, Texas, U.S. December 11, 2020. Jones had already stepped back from overseeing large bankruptcy cases and began reassigning them to two other judges on the court. Until December 2022, Freeman had been a partner at Jackson Walker, a local law firm that filed many cases in Jones' Houston courthouse. Ethics experts have said the undisclosed relationship casts doubt on the integrity of Jones' court. "From the time we first learned of this allegation Ms. Freeman was instructed not to work or bill on any cases before Judge Jones.

Persons: David Jones, Randy Crane, Jones, Elizabeth Freeman, Freeman, Jackson Walker, Judge Jones, Shubhendu Deshmukh, Bill Berkrot, Alexia Garamfalvi Organizations: Reuters, REUTERS, Staff, U.S . Chief U.S, District, Southern, Southern District of Texas, Circuit, McDermott International, Tehum Care Services, U.S . Trustee, Department of, Thomson Locations: Houston , Texas, U.S, Houston, Southern District, New Orleans, Jones ' Houston, Debtwire, Bengaluru

The deal, valued at $253 a share, would be Exxon's biggest since its $81 billion purchase of Mobil Oil in 1998, years before the shale boom began. It combines the largest U.S. oil company with one of the most successful names to emerge from the shale revolution that turned the country into the world's largest oil producer in little more than a decade. Pioneer is the Permian's largest operator accounting for 9% of gross production, while Exxon occupies the No. "The combination of ExxonMobil and Pioneer creates a diversified energy company with the largest footprint of high-return wells in the Permian Basin," said Pioneer CEO Scott Sheffield. Under Sheffield, Pioneer grew through rapid-fire purchases, including multi-billion dollar deals in 2021 for DoublePoint Energy and Parsley Energy.

Persons: Darren Woods, ” Woods, Scott Sheffield, Shubhendu, Anirban Sen, Sabrina Valle, Gary McWilliams, Rashmi Aich, Jamie Freed, Sriraj Organizations: Exxon Mobil, Natural Resources, Mobil Oil, Exxon, Reuters, Pioneer, RBC Capital Markets, ExxonMobil, DoublePoint Energy, Parsley Energy, BG Group, Denbury, Shubhendu Deshmukh, Thomson Locations: HOUSTON, Ukraine, U.S, Sheffield, Bengaluru, New York, Houston

ExxonMobil and Pioneer Natural Resources logos are seen in this illustration taken, October 8, 2023. Pioneer shares closed at $237.41 on Tuesday, having risen 11% since the first reports of a deal surfaced last Thursday. Exxon declined to comment on "market speculation," while Pioneer did not immediately respond to a request for comment. It is the third-largest oil producer in the Permian basin, after Chevron Corp (CVX.N) and ConocoPhillips (COP.N), with rock-bottom production costs averaging about $10.50 per barrel of oil and gas. Under CEO Scott Sheffield, the oil producer grew through rapid-fire purchases, including multi-billion dollar deals in 2021 for DoublePoint Energy and Parsley Energy.

Persons: Dado Ruvic, Darren Woods, Scott Sheffield, Exxon's, Shubhendu, Anirban Sen, Sabrina Valle, Gary McWilliams, Rashmi Aich, Jamie Freed Organizations: ExxonMobil, Pioneer, REUTERS, Exxon Mobil, Natural Resources, Exxon, Mobil Oil, Antitrust, Reuters, Exxon socked, Chevron Corp, ConocoPhillips, DoublePoint Energy, Parsley Energy, BG Group, Bloomberg News, Denbury Inc, Denbury, Shubhendu Deshmukh, Thomson Locations: HOUSTON, Ukraine, U.S, Bengaluru, New York, Houston

☆ Exxon in talks to pay over $250 per share for Pioneer - Bloomberg News
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: 1 min

Oct 10 (Reuters) - Top U.S. oil producer Exxon Mobil (XOM.N) is in talks to pay more than $250 per share for Pioneer Natural Resources Co (PXD.N), Bloomberg News reported on Tuesday. An all-stock deal could be announced as soon as Wednesday, the report said, citing people familiar with the matter. Reporting by Shubhendu Deshmukh in BengaluruOur Standards: The Thomson Reuters Trust Principles.

Persons: Shubhendu Deshmukh Organizations: U.S, Exxon Mobil, Natural Resources, Bloomberg, Thomson Locations: Bengaluru

☆ India tells X, YouTube, Telegram to remove any child sexual abuse material
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

[1/3] A keyboard is placed in front of a displayed Telegram logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsMUMBAI, Oct 7 (Reuters) - India has sent notices to social media platforms X, formerly known as Twitter, YouTube (GOOGL.O) and Telegram asking them to ensure there is no child sexual abuse material on their platforms, the government said on Friday. The notices, sent by the Ministry of Electronics and Information Technology (MEITY), emphasised the importance of prompt and permanent removal of any child sexual abuse material on the platforms. Telegram said child abuse materials were explicitly forbidden by its terms of service. The government, in the notices, also asked companies to take measures, such as content moderation algorithms and reporting mechanisms, to prevent the dissemination of child sexual abuse material in future.

Persons: Dado Ruvic, Rajeev Chandrashekhar, Chandrasekhar, Narendra Modi's, Shilpa Jamkhandikar, Shubhendu Deshmukh, Susan Fenton, Robert Birsel Organizations: REUTERS, Rights, Twitter, YouTube, Telegram, Ministry of Electronics, Information Technology, Google, Reuters, Netflix, Disney, Thomson Locations: Rights MUMBAI, India, Bangalore

☆ Lego abandons effort to make oil-free bricks, Financial Times reports
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +1 min

[1/2] Sets of Lego bricks are seen at a toy store in Bonn, Germany, September 5, 2017. It's just not been possible to find a material like that," Lego Chief Executive Niels Christiansen told the Financial Times. Lego had earlier pledged to replace oil-based plastic bricks with ones made from sustainable materials by the end of the decade. The company had kicked off efforts in 2020 to replace its plastic bricks by sustainable materials. The difficulty was to find a material that would be environment friendly but give the same color, shine and sound of an oil-based plastic bricks.

Persons: Wolfgang Rattay, Niels Christiansen, Shubhendu Deshmukh, Lisa Shumaker Organizations: REUTERS, Financial Times, Lego, Reuters, Thomson Locations: Bonn, Germany, Bengaluru

☆ Russia dodges G7 price cap sanctions on most of its oil exports- FT
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +1 min

Russian oil cargo Pure Point, carrying crude oil, is seen anchored at the port in Karachi, Pakistan June 13, 2023. REUTERS/Akhtar Soomro/File Photo Acquire Licensing RightsSept 24 (Reuters) - Russian crude oil supplies increased 50% this spring despite the G7 countries imposing sanctions due to war in Ukraine, the Financial Times reported on Sunday citing data from analytics company Kpler. The European Union, G7 countries and Australia introduced a price cap of $60 a barrel on Russian oil in last December, aiming to curb Russia's ability to finance the conflict in Ukraine. However, Russian oil revenues are likely to increase due to constant increases in crude prices and a reduction in the discount on its own oil, the FT report said, citing Kyiv School of Economics (KSE) estimates. Almost three-quarters of all the seaborne Russian crude flows travelled without western insurance in August, according to an analysis of shipping and insurance records by the Financial Times.

Persons: Akhtar Soomro, Russia's, Shubhendu Deshmukh, Lincoln Organizations: REUTERS, Financial Times, European Union, Kyiv School of Economics, Thomson Locations: Karachi, Pakistan, Ukraine, Australia, Russia, Bengaluru

☆ Alibaba's grocery unit IPO put on ice amid disappointing valuation - Bloomberg News
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +2 min

Alibaba said in May that Freshippo's IPO would be completed in six to 12 months and that it was also considering listing its logistic unit, Cainiao. Alibaba's capital management committee, which is overseeing the breakup of the company, recently decided to wait for a more favorable market before moving forward with a Freshippo IPO and will prioritize listings of other units, the report added. Reuters reported last year that Freshippo was seeking to raise funds at a valuation of about $6 billion, much lower than a hoped-for valuation of up to $10 billion earlier. The Freshippo business is a supermarket chain in China and also offers services like dine-in and 30-minute home delivery. Reporting by Shubhendu Deshmukh and Yuvraj Malik in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Alibaba, Freshippo, Shubhendu Deshmukh, Yuvraj Malik, Anil D'Silva Organizations: REUTERS, Holding, Bloomberg, Reuters, Thomson Locations: HK, Hong Kong, China, Bengaluru

☆ Nikola recalls all battery-electric trucks, halts sales after fire probe
▼ + stars: | 2023-08-12 | by ( Mrinmay Dey | ) www.reuters.com time to read: +2 min

Logo of U.S. truckmaker Nikola is pictured at the IAA Transportation fair in Hanover, Germany, September 19, 2022. The company had said it suspected foul play when it started an investigation in June after trucks at its Phoenix, Arizona, headquarters caught fire. Struggling with supply chain bottlenecks and weaker demand, Nikola decided to make battery electric trucks only to order and focus on hydrogen fuel cell trucks. Nikola on Aug. 4 appointed Chairman Stephen Girsky, a former General Motors executive, as its chief executive, its fourth in four years. On Friday, Nikola asked customers and dealers of its Tre battery electric trucks to take certain immediate safety measures, including considering parking them outside.

Persons: Nikola, Fabian Bimmer, NKLA.O, Stephen Girsky, Shubhendu Deshmukh, Mrinmay Dey, Abhirup Roy, Sandra Maler, William Mallard, Raju Gopalakrishnan Organizations: IAA Transportation, REUTERS, Reuters, General Motors, Thomson Locations: Hanover, Germany, Phoenix , Arizona, Bengaluru, San Francisco

☆ Nikola recalls 209 Class 8 battery-electric trucks
▼ + stars: | 2023-08-12 | by ( ) www.reuters.com time to read: +1 min

Logo of U.S. truckmaker Nikola is pictured at the IAA Transportation fair in Hanover, Germany, September 19, 2022. REUTERS/Fabian Bimmer/File PhotoCompanies Nikola Corp FollowAug 11 (Reuters) - Nikola (NKLA.O) on Friday said it is recalling about 209 of its Class 8 Tre battery-electric vehicles (BEVs) as a precautionary measure. Nikola is currently in the process of filing this voluntary recall with the National Highway Traffic Safety Administration (NHTSA) and is placing a temporary hold on new BEV sales until a resolution is in place, the company said. The company said in a statement that a third-party investigator had found a coolant leak inside a single battery pack to be the probable cause of a truck fire at the company's headquarters in Phoenix, Arizona, on June 23, 2023. Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: Nikola, Fabian Bimmer, BEV, Shubhendu Deshmukh, Sandra Maler Organizations: IAA Transportation, REUTERS, Companies Nikola, National, Traffic Safety Administration, Thomson Locations: Hanover, Germany, Phoenix , Arizona, Bengaluru

☆ Adani Enterprises weighs exiting $6 bln Wilmar venture - Bloomberg News
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +1 min

Workers transport tins of edible oil inside a storeroom of Adani Wilmar Ltd at Mundra, 375 km (233 miles) from the western Indian city of Ahmedabad, June 10, 2009. REUTERS/Amit Dave/File PhotoAug 8 (Reuters) - India's Adani Enterprises (ADEL.NS) is exploring selling its stake in its consumer-staple joint venture with Wilmar International (WLIL.SI), Bloomberg News reported on Tuesday, citing people familiar with the matter. Deliberations are at an early stage and Adani Enterprises may decide to keep its stake, the report said. Adani Enterprises and Wilmar did not respond to Reuters requests for comment, while Adani Wilmar said it would not like to comment on the report. Last week, Adani Wilmar reported loss in the first quarter, hurt by a steep decline in edible oil prices.

Persons: Wilmar, Amit Dave, Adani, Gautam Adani, Adani Wilmar, Shubhendu Deshmukh, Shounak Dasgupta, Shilpi Majumdar Organizations: REUTERS, Adani Enterprises, Wilmar, Bloomberg, Adani, Hindenburg, Thomson Locations: Mundra, Indian, Ahmedabad, India, Bengaluru

☆ Fox likely to push Emmys to January due to strikes - reports
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +1 min

July 27 (Reuters) - Fox is expected to announce soon that television's Emmys will be rescheduled to air in January next year due to strikes by writers and actors in the United States, the Los Angeles Times reported on Thursday, citing a person familiar with the plans. The strikes were expected to delay the Emmys ceremony beyond its normal September date. Variety reported earlier on Thursday that vendors for the Emmys Awards had been informed of the imminent date change. Fox declined to comment while the Television Academy did not immediately respond to Reuters. Reporting by Shubhendu Deshmukh, Bharat Govind Gautam and Gokul Pisharody in Bengaluru; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

Persons: Fox, Shubhendu Deshmukh, Bharat Govind Gautam, Gokul, Christian Schmollinger Organizations: Fox, Los Angeles Times, LA Times, Hollywood, Variety, Television Academy, Reuters, Thomson Locations: United States, Bengaluru

Companies AMC Entertainment Holdings Inc FollowJuly 23 (Reuters) - AMC Entertainment's (AMC.N) chief executive officer on Sunday said the company filed a revised petition for a stock conversion plan that would allow the company to issue more shares. Aaron also mentioned that in a March 14 special election a majority of the AMC common shareholders and preferred shareholders supported his views on the stock conversion. Delaware Vice Chancellor Morgan Zurn on Friday denied approval as the deal would also settle potential claims by preferred shareholders who were not represented in the lawsuit. The company was sued in February for allegedly rigging a shareholder vote that would allow AMC to convert preferred stock to common stock and issue hundreds of millions of new shares. The settlement's backers want Zurn to weigh the new version of the deal without seeking additional comment from AMC shareholders, according to a Bloomberg news report.

Persons: Adam Aaron, Aaron, Chancellor Morgan Zurn, Shubhendu Deshmukh, Chris Reese Organizations: AMC Entertainment Holdings, AMC, Sunday, Delaware Court, Delaware, Bloomberg, Thomson Locations: Delaware, Bengaluru

☆ Chevron appoints Eimear Bonner as new finance chief
▼ + stars: | 2023-07-23 | by ( ) www.reuters.com time to read: +1 min

Companies Chevron Corp FollowJuly 23 (Reuters) - U.S. oil major Chevron Corp (CVX.N) on Sunday said the company's Chief Financial Officer Pierre Breber will retire next year, and named long-time company veteran Eimear Bonner, chief technology officer of Chevron Technical Center, as his successor. Separately, the company also said it waived the mandatory retirement age requirement for its Chief Executive Officer Mike Wirth. Bonner will report to Chevron's chief executive in her new role. The upcoming chief financial officer will take the position starting March 1, 2024, the company said in a statement. (This story has been corrected to say chief financial officer, not chief executive, in paragraph 4)Reporting by Mrinmay Dey and Shubhendu Deshmukh in Bengaluru; Editing by Cynthia Osterman and Diane CraftOur Standards: The Thomson Reuters Trust Principles.

Persons: Pierre Breber, Eimear Bonner, Mike Wirth, Bonner, Chevron, Mrinmay Dey, Shubhendu, Cynthia Osterman, Diane Craft Organizations: Chevron Corp, Sunday, Chevron Technical Center, Chevron, Shubhendu Deshmukh, Thomson Locations: Bengaluru

☆ US Ambassador to China hacked in China-linked spying operation, Wall Street Journal reports
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: 1 min

July 20 (Reuters) - Hackers linked to Beijing accessed the email account of the U.S. ambassador to China, Nicholas Burns, in an attack that is believed to have compromised at least hundreds of thousands of individual U.S. government emails, Wall Street Journal reported on Thursday. Daniel Kritenbrink, the assistant secretary of state for East Asia, was also hacked in the cyber-espionage attack, the report said citing people familiar with the matter. Reporting by Shubhendu Deshmukh in BengaluruOur Standards: The Thomson Reuters Trust Principles.

Persons: Nicholas Burns, Daniel Kritenbrink, Shubhendu Deshmukh Organizations: Wall Street, Thomson Locations: Beijing, U.S, China, East Asia, Bengaluru

According to a decree signed by Putin on Sunday, the Russian state had taken control of Danone's Russian subsidiary along with beer company Carlsberg's (CARLb.CO) stake in a brewer. Yakub Zakriev, 32, a deputy prime minister of Chechnya and the republic's agriculture minister, took the post of general director of Danone Russia on Tuesday, Interfax's SPARK database of company disclosure documents in Russia showed. "Choosing him as general director of Danone Russia shows that representatives of the team of Chechen President and Hero of Russia Ramzan Akhmatovich Kadyrov are talented and successful managers," Dudayev said on his Telegram messaging app. Kadyrov, a close ally of Putin, has referred on social media to Zakriev as his "dear nephew". Danone sought alliances with big local players during the boom years, eventually gaining at least a fifth of Russia's dairy market.

Persons: Kadyrov, Danone Russia Kovalchuk, Carlsberg, Ramzan Kadyrov, Vladimir Putin, Putin, Yakub Zakriev, Akhmed Dudayev, of Russia Ramzan Akhmatovich Kadyrov, Dudayev, Zakriev, Zulai, Akhmad Kadyrov, Kadyrov's, Danone, Yuri, Mikhail Kovalchuk, Bolloev, Guy Faulconbridge, Lidia Kelly, Shubhendu, Stephen Coates, Angus MacSwan Organizations: Danone Russia, Danone, Kremlin, Sunday, Chechen, Moscow State University, Cuban Missile, Soviet, Financial Times, Shubhendu Deshmukh, Thomson Locations: MOSCOW, Russia, Ukraine, Russian, Chechnya, Grozny, Paris, Red, Soviet Union, United States, China, Baltika, St Petersburg, Moscow, Melbourne, Bengaluru

☆ Coinbase CEO to meet US House Democrats on Wednesday
▼ + stars: | 2023-07-18 | by ( ) www.reuters.com time to read: +1 min

July 17 (Reuters) - Coinbase (COIN.O) Chief Executive Brian Armstrong will meet privately with a group of U.S. House of Representatives Democrats on Wednesday morning and plans to make remarks on the future of digital asset legislation. At the meeting, Armstrong will also touch upon related issues, such as tax, national security, privacy, and climate, a New Democrat Coalition spokesperson said in an emailed statement. Coinbase did not immediately respond to a request for comment outside business hours. Both Coinbase and Binance deny the SEC's allegations and have pledged to vigorously defend themselves in court. Armstrong is an outspoken SEC critic who has called SEC Chair Gary Gensler an "outlier" among Washington policymakers.

Persons: Brian Armstrong, Armstrong, Coinbase, Binance, Gary Gensler, Mrinmay Dey, Shubhendu, Jacqueline Wong, Edwina Gibbs Organizations: . House, U.S . Securities, Exchange Commission, New Democrat Coalition, SEC, Shubhendu Deshmukh, Thomson Locations: Washington, Bengaluru

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