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A Chinese nuclear power plant is investigating an unusually high concentration of gases in one of its reactors, one of its owners said Monday. But the company is still calling for an extraordinary meeting of Taishan Nuclear Power Joint Venture's shareholders to decide on the next steps for the plant. Nuclear safety experts raised fears back in 2009, shortly after Taishan became operational, that China's headlong leap into nuclear energy could create safety shortcuts. China has 50 nuclear reactors in use with another 18 in construction, according to figures from the World Nuclear Association. By contrast the United States, has 93 nuclear reactors in use, but just two in production, and it has shut down 40.
Persons: Framatome Organizations: EDF, Joint, NBC, China Guangdong Nuclear Power Group, Reuters, International Atomic Energy Agency, Chinese Foreign Ministry, U.S . National Security Council, World Nuclear Association Locations: Taishan, Guandong province, Hong Kong, French, France, Britain, China Guangdong, London, Rome, China, United States
Here is the full transcript of the NBC News interview with Russian President Vladimir Putin, which took place in Moscow on June 11, 2021. VLADIMIR PUTIN: Well, I don't know. VLADIMIR PUTIN: —it conduc— it conducts—KEIR SIMMONS: Russia is—VLADIMIR PUTIN: It conducts exercises in that battlefield. KEIR SIMMONS: I don't— I don't— I don't think I heard you answer the question, the direct question— Mr. President. I don't think that anybody in the Syrian government is interested in stealing some part of this humanitarian assistance.
Persons: Vladimir Putin, Keir Simmons, KEIR SIMMONS, it's, VLADIMIR PUTIN, Biden, autocrats, I'm, What's, , Will, We're, We've, I've, Assad, he's, Let's, — VLADIMIR PUTIN, Trump, they're, One's, — KEIR SIMMONS, Colin Powell, Cybersecurity, Mr, Putin, Presi, Keir, You've, mut, Isn't, administr, Biden —, He'll, Alexei Navalny, Navalny, United States — KEIR SIMMONS, you'll, Alexei Navalny — VLADIMIR PUTIN, Alexei Navalny's, John McCain —, we're, Th, Ann — Anna Anna Politkovskaya, Alexander Litvinenko, Sergei Magnitsky, Boris Nemtsov, Mikhail Lesin —, Lesin, — Biden, Lukashenko, hasn't, — you've, Gorbachev, You’ve, nyah, Russia — Paul Whelan, Trevor Reed, Trevor Reed —, I'd, — shitfaced, It's, Yaroshenko, he'd —, he'd, They're, It's —, Rogozin, Andrea Mitchell —, Boris Yeltsin Organizations: NBC, NBC News, Iran, NATO, U.S, Foreign Ministry, Defense — Ministry, Pentagon, State Department of, , Senate, Treasury Department, Microsoft, America, International League of Sexual, Russian Federation, United, — Hollywood, Washington , D.C, Air Force, Bolivian, European Union, of Islamic Conference, U.S . State Department, Security, Russia, NASA, People's Liberation Army, China Locations: Moscow, American, , Russia, Iran, Tehran, Iraq, Yemen, Israel, Saudi Arabia, Europe, United States, U.S, Washington, Libya, Afghanistan, Syria, Helsinki, Trump, Soviet, Octo, America, Ukraine, USSR, United, — United States, Congress, Hollywood, — U.S, North, Russian, Washington ,, Belarus, Minsk, Bolivia, Vienna, Ukrainian, Donbas, Alaska, NATO, Eastern Europe, Saint Petersburg, China, Xinjiang, Soviet Union, Republic, Crimea, Taiwan, Idlib, Syrian Arab Republic, Turkey
Social media posts have shown an image of a memorial ceremony in Iran in which flag-draped banana boxes were used to stand in for coffins. However, the image does not show a burial, and originated from a ceremony marking the anniversary of the killing of Qassem Soleimani, an Iranian general. “Take a look where those so-called C@Vd [sic] victims lie,” one social media user who shared the image on Facebook said (here) “The scamdemic continues,” another individual commented (here). Reuters was unable to ascertain the authenticity of the banana brand logo visible on the box in the photograph. Posts pointing out the banana logo can be traced back to early January on Telegram (
Persons: Qassem, Soleimani, Dole, Read Organizations: Facebook, Reuters, Ministry of Energy Locations: Iran, Iranian
REUTERS/Athit PerawongmethaA series of coronavirus outbreaks in Thai factories is raising concerns that the export sector could be hit hard, threatening to further undermine an economy as it struggles to recover from the pandemic's crippling blow to the crucial tourism industry. “If it continues the damage will increase so factories have to be fully vaccinated,” he said. Instant noodle maker, Thai President Foods Pcl (TFMAMA.BK) closed a factory that produces rice vermicelli and rice noodle. BUBBLE-AND-SEAL IMPACTThe government has been trying to contain the outbreak with a "bubble and seal" policy, which takes effect in when 10% of factory workers are infected. A government official defended the bubble and seal policy, saying it allows businesses to continue operations and limits the outbreak.
Persons: Kriengkrai Thiennukul, , , Suthasinee Kaewleklai, Suthasinee, Taweesap Siraprapasiri Organizations: REUTERS, Electronics, of Thai Industries, Reuters, Thai President Foods Pcl, Workers, Migrant Workers Rights Network, Industry Ministry, Thomson Locations: Bangkok, Thailand
Indonesian police are looking into the death of a politician from Sulawesi island who opposed a gold mine project there, after environmental groups and the human rights commission called for an investigation. Ahmad Taufan Damanik, chairman of Indonesia’s human rights commission Komnas HAM, said it had asked police to investigate after they received complaints from Sangihe island residents. Helmud was a staunch opponent of a 42,000 hectare gold mine concession granted to the company, PT Tambang Mas Sangihe. PT Tambang Mas Sangihe is 70% owned by Canadian firm Baru Gold Corporation and 30% by combined interests, according to the Baru Gold website. Alfred Pontolondo, coordinator of the Save Sangihe Island environment group, said Helmud had been close to the island’s residents and opposed the mine "because of his love for the island".
Persons: Helmud Hontong, Harmen Kontu, Helmud, , Kontu, Jules Abraham Abast, Ahmad Taufan Damanik, Komnas HAM, Alfred Pontolondo Organizations: Sultan, Lion, Reuters, Police, North, PT Tambang, Baru Gold Corporation, Baru, Energy, Mineral Resources Ministry, Thomson Locations: Sulawesi, North Sulawesi, Sultan Hasanuddin, Makassar, Bali, Sangihe
An oil tanker docks in the Mediterranean Sea near the oil port of Europe Asia Pipeline Company (EAPC), as seen from Ashkelon, Israel June 10, 2021. There was zero fanfare, however, when oil tankers began arriving at the smaller Israeli port of Eilat on the Red Sea in an arrangement with Emirati partners. About a month after Israel normalized ties with the United Arab Emirates last September, Israel's state-owned Europe-Asia Pipeline Company (EAPC) announced the new collaboration. The deal was signed in Abu Dhabi with MED-RED Land Bridge, a company with Emirati and Israeli owners. The Israeli pipeline still operates in both directions but well below capacity in recent years, energy experts say.
Persons: Amir Cohen, Steven Mnuchin, EAPC, Noa Yayon, Yayon, Gamliel Organizations: Europe Asia Pipeline Company, REUTERS, United Arab Emirates, Asia Pipeline Company, MED, ., UAE, Society for, Nature, Environmental, Society, Israel's, Finance Ministry, UAE's, Thomson Locations: Europe, Ashkelon, Israel, Dubai, Haifa, Eilat, Israel's, Abu Dhabi, Persian, Iran
Trinidad and Tobago's US Embassy has been mocked after gifting the nation 80 COVID-19 vaccine vials. Trinidad and Tobago has 1.4 million people. The US Embassy to Trinidad and Tobago has attracted online mockery after announcing that it has donated 80 vials of COVID-19 vaccine to the island nation of 1.4 million people. Trinidad and Tobago's National Security Minister Fitzgerald Hinds told local newspaper the Trinidad Daily Express that the vials were going to be given to the National Security Ministry. During May's surge, the US donated two field hospitals, comprising 80 beds in total to Trinidad and Tobago, the embassy announced.
Persons: — teri.zin Organizations: Ministry of National Security, Pfizer, Government, Embassy Locations: Trinidad, Trinidad and Tobago, Embassy, Port of Spain, United States, America, U.S, Tobago's
Russia has announced plans to decommission the ballistic-missile submarine Ekaterinburg. That will be the beginning of the end for the subs that have long been the backbone of the Soviet and Russian fleet. The Delta seriesRussian ballistic-missile sub BS-64 Podmoskovye at the Northern Fleet base in Severomorsk, July 3, 2019. It was involved in a few missile tests and conducted a number of patrols with the Northern Fleet. Two of the Boreis are assigned to the Northern Fleet, while the other two are assigned to the Pacific Fleet.
Persons: Lev Fedoseyev, SLBM, MIRVs, Yury Dolgoruky, Yury Dolgorukiy, Vladimir, Knyaz Vladimir, Knyaz Oleg Organizations: Soviet, Russian Navy, Russian SSBN, Northern Fleet, Getty, Delta IVs, Delta, Fleet, Pacific Fleet, Getty Images Ekaterinburg, Russia, RSM, Northern, Russian Defense Ministry Locations: Russia, Ekaterinburg, Russian, Severodvinsk, Severomorsk, Delta, Ryazan, Russia's, Murmansk, Gadzhiyevo, Pacific
Areas of Mexico facing extreme or exceptional drought conditions have increased due to lack of rain. To combat the prolonged drought, Mexico's air force has been assigned a new mission: seeding clouds. The Mexican air force has been assigned a new mission: seeding clouds in an effort to combat the prolonged drought. However, areas facing extreme or exceptional drought conditions — located in Sonora, Chihuahua, Sinaloa, Durango, Nayarit, Colima and Michoacán — increased due to a shortage of rain. "We always need adequate weather conditions.
Persons: Guadalupe Rojas, Francisco Ramírez Organizations: Ministry of Agriculture, Air Locations: Mexico, Sonora, Chihuahua, Sinaloa, Durango, Nayarit, Colima, Michoacán, San Quintín, Baja California, Nuevo León, Coahuila, León, Milenio
Four at Toshiba Resign Over Campaign to Thwart Foreign Shareholders
  + stars: | 2021-06-13 | by ( Peter Landers | Megumi Fujikawa | ) sentiment -0.85   time to read: +1 min
TOKYO— Toshiba Corp. said two executives and two outside directors would resign after they were accused of working with the government against foreign shareholders, the first fallout in a scandal that has highlighted Japan’s business-government ties. Sunday’s announcement came three days after a report by outside lawyers depicted wide-ranging cooperation between Toshiba management, the head of the Toshiba board’s audit committee and officials at the Ministry of Economy, Trade and Industry to block foreign shareholders from gaining board influence. It was the latest blow to the reputation of a company once known world-wide for its laptop computers, television sets and medical equipment. Shareholders based outside Japan now control more than half the company after injecting capital in late 2017 to repair Toshiba’s finances. The outside lawyers’ report, commissioned by shareholders after a push by the foreign activists, suggested that Toshiba executives and government officials shared concern over the activists’ power.
Persons: , Organizations: TOKYO — Toshiba Corp, Toshiba, Ministry, Economy, Trade, Industry, Harvard Locations: Japan, U.S
Germany, Australia sign hydrogen accord to boost lower-emissions technology
  + stars: | 2021-06-13 | by ( ) sentiment -0.99   time to read: +2 min
Germany and Australia on Sunday signed a bilateral alliance on hydrogen production and trade to try to facilitate a renewable energy-based hydrogen supply chain between the two countries. Economy Minister Peter Altmaier and Education and Research Minister Anja Karliczek signed a letter of intent to set up a "Germany Australia Hydrogen Accord" with Australian Energy and Emissions Reduction Minister Angus Taylor, the German Economy Ministry said in a statement. In a statement, Australian Prime Minister Scott Morrison said international collaboration was key to getting new energy technologies like hydrogen to commercial parity. Big energy firms including German utility RWE (RWEG.DE) and Uniper (UN01.DE) have started looking into possible new trade routes for hydrogen, a cleaner alternative to fossil fuels, from Australia and other places. Germany has put out feelers to Saudi Arabia, Canada, Chile and Morocco for possible supplies.
Persons: Peter Altmaier, Anja Karliczek, Angus Taylor, Scott Morrison, Morrison, feelers Organizations: Sunday, Research, Germany Australia Hydrogen, Australian Energy, Emissions, German Economy Ministry, Thomson Locations: Germany, Australia, Germany Australia, German, Union, Saudi Arabia, Canada, Chile, Morocco, Japan, United States
At least 7 dead as separate bombs hit 2 minivans in Afghanistan
  + stars: | 2021-06-12 | by ( The Associated Press | ) sentiment -1.00   time to read: +1 min
KABUL, Afghanistan — Separate bombs hit two minivans in a mostly Shiite neighborhood in Afghanistan's capital Kabul Saturday, killing at least seven people and wounding six others, the Interior Ministry said. The explosions targeted minivans on the same road just over a mile apart in a neighborhood in western Kabul, Interior Ministry deputy spokesman Ahmad Zia Zia, said. It wasn't immediately clear what type of bombs were used and no one immediately claimed responsibility for the attacks. The area where the explosions happened is largely populated by the minority Hazara ethnic group who are mostly Shiite Muslims. Shiites are a minority in mostly Sunni Afghanistan, and the local Islamic State affiliate has declared war against them.
Persons: Ahmad Zia Zia, Muhammad Ali Jinnah Organizations: Interior Ministry, Ministry, NBC, Islamic, Islamic State, NATO Locations: KABUL, Afghanistan, Afghanistan's, Kabul, Hazara
Advisory firm ISS recommends vote against Toshiba chairman
  + stars: | 2021-06-12 | by ( Reuters Staff | ) sentiment -0.97   time to read: +1 min
FILE PHOTO: The logo of Toshiba Corp. is seen next to a traffic signal atop of a building in Tokyo, Japan June 11, 2021. REUTERS/Issei KatoTOKYO (Reuters) - Toshiba Corp shareholders should vote against the re-appointment of board chairman Osamu Nagayama and four other directors, shareholder advisory firm ISS recommended on Saturday. The recommendation by Institutional Shareholder Services Inc (ISS) follows an explosive, shareholder-commissioned investigation that accused Toshiba of colluding with the Japanese government to pressure foreign investors. ISS advised shareholders to oppose the re-appointment of current members of the nomination and audit committees at a June 25 annual shareholders’ meeting. Glass Lewis, another U.S. advisory firm, has also urged shareholders at this year’s AGM to vote against the re-appointment of the same five directors.
Persons: Issei Kato TOKYO, Osamu Nagayama, , Glass Lewis Organizations: Toshiba Corp, REUTERS, Institutional, Services Inc, Toshiba, Ministry, Economy, Trade, Industry, ISS, Reuters Locations: Tokyo, Japan
Toshiba board to hold emergency meeting on Sunday, sources say
  + stars: | 2021-06-12 | by ( Makiko Yamazaki | ) sentiment -1.00   time to read: +2 min
TOKYO (Reuters) -Toshiba Corp directors will hold an emergency meeting on Sunday to discuss reassigning the candidates for three key board committees ahead of a June 25 shareholder meeting, two people with direct knowledge of the matter told Reuters. FILE PHOTO: The logo of Toshiba Corp. is seen next to a traffic signal atop of a building in Tokyo, Japan June 11, 2021. REUTERS/Issei KatoThe Japanese conglomerate’s board will consider reassigning the candidates for the audit, nominating and compensation committees, after major shareholder advisory firms recommended against some of the candidates, the people said. The emergency meeting comes as Toshiba has been thrown into crisis by revelations this week that management and board members colluded with the Japanese government to pressure foreign investors. Toshiba said in a statement it does not disclose the schedule or topics of board meetings.
Persons: Issei Kato, Toshiba’s, , Osamu Nagayama, Glass Lewis Organizations: Toshiba Corp, REUTERS, Toshiba, Ministry, Economy, Trade, Industry, Services Inc, ISS, Reuters Locations: TOKYO, Tokyo, Japan
G7 members plan to announce an international spending initiative to rival China's Belt and Road. President Joe Biden and the G7 member states on Saturday planned to announce a multibillion-dollar initiative to build infrastructure overseas, a direct challenge to China's Belt and Road Initiative. Under President Xi Jinping, China spearheaded a new "Silk Road" initiative to build or improve transportation networks throughout Asia and reaching into Europe. Biden's White House was calling the initiative "Build Back Better for the World," expanding on Biden's 2020 campaign tagline of "Build Back Better." The White House and its G7 partners have "long been skeptical about China's Belt and Road Initiative," a second senior administration official said.
Persons: Joe Biden, Biden, Xi Jinping, Wang Wenbin, We've, that's, haven't Organizations: Foreign Ministry, Initiative, US, EU Locations: China's, China, Carbis Bay, England, Canada, France, Germany, Italy, Japan, Asia, Europe, Beijing
Azerbaijan swaps 15 Armenian prisoners for map showing landmines
  + stars: | 2021-06-12 | by ( ) sentiment -0.85   time to read: +1 min
Azerbaijan said on Saturday it had handed over 15 Armenian prisoners in exchange for a map detailing the location of landmines in Agdam, a region relinquished by ethnic Armenian forces as a part of a deal to end a short war last year. A Russian-brokered ceasefire halted six weeks of fighting that saw the Azeri army drive ethnic Armenian forces out of swathes of territory they had controlled since the 1990s in and around the Nagorno-Karabakh region. read moreThe prisoner exchange deal, the first agreement of its kind between the two countries, was announced by the Azeri Foreign Ministry. Prisoners of war are a key issue for Armenia, while landmines continue to inflict casualties in Azerbaijan. Two journalists and a local official were killed on June 4 when a landmine exploded in Azerbaijan's Kalbajar district on territory that was vacated by ethnic Armenian forces in November.
Organizations: Azeri Foreign Ministry, Thomson Locations: Azerbaijan, Agdam, Russian, Nagorno, Karabakh, Armenia, Azerbaijan's Kalbajar
Afghan officials: Seven dead after bombs hit two minivans in Kabul
  + stars: | 2021-06-12 | by ( ) sentiment -1.00   time to read: +1 min
A view from the damaged site after two bombing attacks in Kabul, Afghanistan, on June 12, 2021. KABUL, Afghanistan (AP) – Separate bombs hit two minivans in a mostly Shiite neighborhood in the Afghan capital Saturday, killing at least seven people and wounding six others, the Interior Ministry said. The explosions targeted minivans on the same road about 2 kilometers (1.25 miles) apart in a neighborhood in western Kabul, Interior Ministry deputy spokesman Ahmad Zia Zia, said. It wasn't immediately clear what type of bombs were used and no one immediately claimed responsibility for the attacks. Shiites are a minority in mostly Sunni Afghanistan, and the local Islamic State affiliate has declared war against them.
Persons: Ahmad Zia Zia, Muhammad Ali Jinnah Organizations: Interior Ministry, Ministry, Islamic, Islamic State, NATO Locations: Kabul, Afghanistan, KABUL, Hazara
Live Covid Live Updates: Moscow Orders Shut Down as Russia Battles New Wave of Cases Doctors in China report more severe cases in the country’s latest outbreak. Now, with Western countries emerging from lockdowns, Russia runs the risk of entering a vicious new wave of the virus. The regulator, in a statement issued on Friday evening, said that Emergent BioSolutions had made those doses at the same time as other batches of the Johnson & Johnson vaccine that were found to be contaminated with the harmless virus used to manufacture the AstraZeneca vaccine. U.S. regulators have put the Baltimore facility under a microscope since March, when they discovered that a major production mishap had resulted in the contamination of a batch of Johnson & Johnson vaccines. Commuters this month in New Delhi, which has been hit hard by the coronavirus pandemic.
Persons: Sergei Ilnitsky, Sergey S, Sobyanin, Mr, , Vladimir V, Putin, ” Mr, , ’ hesitancy, Lindsey Wasson, ” Darby LaJoye, Guan Xiangdong, , Chen Bin, Albee Zhang, Joshua Roberts, Brian P, Monahan, Steny Hoyer, Nancy Pelosi, Ms, Pelosi, Eraldo Peres, Venezuela’s, Jair Bolsonaro, Ambev, Tariq Panja, Jim Lo Scalzo, Johnson, Atul Loke, Donald J, Trump, Biden, Biden’s, coronavirus, Boris Johnson, Ghebreyesus, , Megan Specia, Fahad Organizations: U.S ., Workers, ., MOSCOW, Kremlin, Passengers, Tacoma International Airport, Reuters, Transportation Security Administration, AAA, Disease Control, Prevention, Getty, University, Delta, World Health Organization, Alpha, Health Commission, Guangzhou Municipal Health Commission, Maryland, CNN, Democratic, Centers for Disease Control, Republican, Copa América, Copa, Associated, South, Globo, Brazil, Associated Press, Conmebol, Venezuelan, team’s, Barranquilla Mayor's, Agence France, Argentina, Brazilian, Brazil’s, Mastercard, América, Johnson, Emergent, Health, AstraZeneca, Health Canada, Food and Drug Administration, New York Times, Group, The New York Times, Manufacturing, Innovation Center, Saudi Media Ministry, Saudi Press Agency, Saudi, Saudi Embassy, Twitter, of Hajj Locations: Moscow, Russia, China, Russian, epidemiologists, lockdowns, U.S, Seattle, Covid, Air, Wuhan, Guangzhou, Britain, Brazil, India, Delta, Seychelles, Mongolia, Shenzhen, Foshan, Washington, Venezuela, South American, Argentina, Colombia, Brasília, South America, Venezuelan, United States, Barranquilla, Canada, Baltimore, Md, Health Canada, New Delhi, British, Saudi, Saudi Arabia, Mecca . Credit, Mecca
I'm sure that, in compliance with law and order, by complying with constitutional provisions, we will be together, whatever happens," Bolsonaro said. With nearly 490,000 people killed during the pandemic and tensions growing in Latin America's biggest country, Bolsonaro has been seeking the support of Brazil's roughly half a million officers. Bolsonaro, who was fined 552 reais ($108) by the Sao Paulo state government for not wearing a mask at the event, has made repeated baseless allegations of voter fraud in Brazil. Bolsonaro threw his support behind Trump's conspiracies of a stolen election last year, which culminated in the deadly assault on the U.S. Capitol building. Bolsonaro is now pushing for a bill for printed ballots rather than Brazil's modern computer voting.
Persons: Jair Bolsonaro, Bolsonaro, Luiz Inacio Lula da Silva, Bolsonaro's, Donald Trump Organizations: Armed Forces, Brazil's Health Ministry, Sao, U.S . Capitol, Thomson Locations: Sao Paulo, Brazil
The restrictions in India and the ban in Nigeria are troublesome for Twitter. "You may see more calls for banning Twitter in India, if it continues to defy the government," Pahwa told CNN Business. In an interview with news agency AFP , the ministry said it would reinstate Twitter if it "registers as a company in Nigeria." The social media companyblasted the move as " intimidation tactics " and said that it was "concerned" about the safety its employees in the country. "Most social media majors spend the largest share of their operational bandwidth on developed markets.
Persons: Nikhil Pahwa, Pahwa, Donald Trump —, , Twitter's decision.Ghana, Buhari, Thecompany, Bharatiya Janata Partyas, andfor, Faisal Khan, Sharan, Stephanie Busari Organizations: CNN Business, Twitter, Facebook, REUTERS, Nigeria's Ministry of Information, AFP, Paradigm Initiative, Police, Bharatiya Janata, Anadolu Agency, Getty, Government of, Advisory Locations: Delhi, New Delhi, Nigeria, Africa's, India, China, Washington, Africa, Ghana, Abuja, Srinagar, Government of India, Lagos
Workers fit a manhole on the Bar-Boljare section of a new highway in Montenegro financed with a large Chinese loan, May 27, 2021. Montenegro is a candidate to join the EU, a process that requires meeting fiscal standards. Cheap EU funds could give Montenegro more financial headroom to invest in projects that will boost the economy, hit hard by the COVID-19 pandemic, said an EU official involved in the talks. The European Commission and Montenegro initially debated refinancing the Chinese debt but abandoned the idea because it would have required Beijing's approval and they did not think China would be amenable, the EU official said. Montenegro has already agreed with China to defer repayment of the first 60-million-euro tranche of the loan, now due in late 2022.
Persons: Stevo, Milo Djukanovic, Zdravko Krivokapic, KfW, Anna Pisonero, Milojko Spajic, Zarija Pejovic, Spajic, Dejan Milovac Organizations: REUTERS, Union, Reuters, EU, World Bank, International Monetary Fund, Brussels, Reconstruction Credit Bank, French Development Agency, European Commission, Foreign Ministry, Beijing, Export Import Bank of China, Finance, Yugoslav, Thomson Locations: Montenegro, China, Beijing, Europe, Balkans, Serbia, Montenegrin, EU, Bar, Albanian, Kotor
More Chinese provinces issue bans on cryptomining
  + stars: | 2021-06-11 | by ( ) + 0.00   time to read: +3 min
Small toy figurines are seen on representations of the Bitcoin virtual currency displayed in front of an image of China's flag in this illustration picture, April 9, 2019. China accounts for a over half of global bitcoin production, but some miners have been considering moving elsewhere after the State Council, China's cabinet, vowed to clamp down on bitcoin mining and trading last month. Cryptomining projects in Xinjiang's national Zhundong Economic-Technological Development Park were ordered to close. Xinjiang is China's biggest bitcoin mining centre, accounting for about a third of total computing power. China is stepping up a clampdown on cryptocurrencies after a global bull run in bitcoin prices rekindled local speculation.
Persons: Dado Ruvic, Lei Tong, Cryptominers, Tong Organizations: REUTERS, State Council, Financial, Babel Finance, China's Ministry of Industry, Information Technology, Wednesday, Reuters, & Reform, Technological, University of Cambridge, Scouting, Thomson Locations: China's, Qinghai, Xinjiang, China, Asia, Hong Kong, Changji Hui Prefecture, Mongolia, Sichuan, North America, Europe, Central Asia, Babel
Four Toshiba directors call for board and management shake-up
  + stars: | 2021-06-11 | by ( Makiko Yamazaki | ) + 0.00   time to read: +3 min
The logo of Toshiba Corp. is seen at the company's facility in Kawasaki, Japan June 10, 2021. REUTERS/Kim Kyung-Hoon/File photoFour of Toshiba Corp’s (6502.T) independent directors called on Friday for a shake-up of the Japanese conglomerate’s management and board, accusing them of “unacceptable” actions directly against the interests of shareholders. The public criticism is the clearest sign yet of the fallout from the shareholder-commissioned report released on Thursday, which has put Toshiba's management and Japan's powerful trade ministry under scrutiny and renewed concerns about governance. Earlier on Friday, U.S. proxy advisory firm Glass Lewis urged shareholders at this year's AGM to vote against the re-appointment of Toshiba board chairman Osamu Nagayama and four others nominated by the company for the 13-member board. The independent investigation found Toshiba had devised a plan to exert undue influence on Singapore-based Effissimo Capital Management, Toshiba's top shareholder, to withdraw its proposed board nominees.
Persons: Kim Kyung, Toshiba Corp’s, Jerome Black, Paul Brough, Ayako Weissman, George Zage, Glass Lewis, Osamu Nagayama, Hiroshi Kajiyama Organizations: Toshiba Corp, REUTERS, Toshiba, Effissimo Capital Management, Harvard, Ministry, Thomson Locations: Kawasaki, Japan, Singapore
3D printed Facebook and Twitter logos are placed on a computer motherboard in this illustration taken Jan. 21, 2021. Twitter, Amazon, Facebook, WhatsApp and India's Ministry of Electronics and Information Technology did not respond to requests for comment. To attract small businesses through WhatsApp, Facebook last year invested $5.7 billion in Reliance Industries Ltd's (RELI.NS) media and telecommunications arm, Jio Platforms. A border confrontation with China prompted it to effectively ban Chinese social media apps, including TikTok and WeChat. WhatsApp has gone to court rather than comply with a new law requiring social media firms to trace the origin of dangerous or criminal posts on their platforms.
Persons: Dado Ruvic, Narendra Modi, Amazon, WhatsApp, Ravi Shankar Prasad, Prasad Organizations: REUTERS, U.S, Twitter Inc, Twitter, Inc, Facebook Inc, Facebook, Police, Amazon, India's Ministry of Electronics, Information Technology, Reliance Industries, Google, Mastercard Inc, Competition Commission, Thomson Locations: India, China, U.S, Statista, WhatsApp, America, That's
The logo of Toshiba Corp. is seen at the company's facility in Kawasaki, Japan June 10, 2021. REUTERS/Kim Kyung-Hoon/File photoJapan's trade ministry on Friday denied its officials directed an adviser to contact Toshiba Corp (6502.T) shareholders as part of a plan to pressure them to support management in a key vote on board membership. Among its findings, the investigators' report said the trade ministry "effectively asked" a government adviser, described as "Mr. M", to negotiate with Harvard University's endowment fund to change its voting behaviour. "Ministry officials have informed me that it's not true that any request was made to engage with individual investors," Trade Minister Hiroshi Kajiyama told a regular press briefing. As one of the industrial conglomerates that modernized Japan and helped its post World War Two economic recovery, Toshiba enjoys close ties with government.
Persons: Kim Kyung, management's, Hiroshi Kajiyama, Hiromichi Mizuno, Mizuno, Elon Musk, Yoshihide Suga, Suga Organizations: Toshiba Corp, REUTERS, Toshiba, Harvard, Ministry, Reuters, Tesla Inc, Investment Fund, United Nations, Innovative Finance, Sustainable Investment, Effissimo Capital Management, Investment Partners, Nikkei, Thomson Locations: Kawasaki, Japan, Britain, Tokyo
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