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Global firms leave Myanmar office block with military ties
  + stars: | 2021-05-11 | by ( Reuters Staff | ) + 0.00   time to read: +5 min
FILE PHOTO: Myanmar soldiers walk along a street during a protest against the military coup in Yangon, Myanmar, February 28, 2021. Of the six that said they had moved or were reviewing office plans, only one cited the military link. Opened in 2017 near the historic Sule Pagoda, Sule Square was developed by a local affiliate of Hong Kong listed Shangri-La Asia, which also manages the building and an adjacent hotel. The World Bank, which also has an office in Sule Square, said it was “assessing the situation in Myanmar, according to internal policies and procedures”. The University of Reading and Mastercard were named in the Justice for Myanmar report but told Reuters they did not rent offices in Sule Square.
Persons: Chris Sidoti, Melissa Yeo, , Josiane Kremer, Yara Organizations: Reuters, United Nations, McKinsey, Coca, REUTERS, Stringer, Justice, Hong, United, McKinsey & Company, BUSINESS IMPACT Singapore, Markets, Advisors, Telenor, Bank, CMA, Colliers, Inc, Japan’s Sony Corp, American Chamber of Commerce, Prudential, University of Reading, Mastercard Locations: Myanmar, Yangon, Hong Kong, Asia, United Nations, Southeast Asia, Yara, Norwegian, Sule, Sule Square
A video of clashes in India shared widely on social media has nothing to do with COVID-19 vaccinations nor “injection teams”, contrary to the online posts. In fact, it shows violence that broke out after local police tried to shut down a Hindu festival. The video, shared several times in early May (here , here), has been claimed by Facebook users to show “resistance” against those delivering COVID-19 vaccinations. However, negotiations soon failed and violence broke out. It shows violence that broke out after police in Jharkhand tried to disperse a mela.
Persons: Read Organizations: Facebook, Healthcare, India Today, Reuters Locations: India, India’s Jharkhand, COVID, Jharkhand
Many of these goals have been documented since Bill and his (soon-to-be ex) wife Melinda Gates co-founded their Bill and Melinda Gates Foundation (here) in 2000, merging the William H. Gates Foundation of Bill Gates’s father with the Gates Learning Foundation. Bill Gates told a TED conference in 2010 that improved public health care, like reproductive services and vaccines, could limit population growth. Similarly, his investments in genetically modified (GMO) mosquitos relate to the foundation’s goals of ending poverty, disease and inequality around the world ( Bill Gates has been the target of many baseless conspiracy theories since the pandemic began. The Facebook post has misrepresented Bill Gates’ stated philanthropic aims.
Persons: Bill Gates, Bill, Melinda Gates, William H, Bill Gates’s, Gates, Critics, Bill Gates ’, Read Organizations: Microsoft, Facebook, Melinda Gates Foundation, Gates Foundation, Gates Learning, Reuters, TED, inoculations, Harvard University Locations: Gates, British, Brazil, Cayman Islands, Panama, United States
Posts online have raised concern over the use of the word “poison” in Western Australian legislation that has authorised the COVID-19 vaccine. However, poison is a generic legal term in Australia and does not mean the injection is dangerous, according to an expert speaking to Reuters. However, poison can also refer to normal medicines in Australian law. He added: “Defining the COVID-19 vaccine a ‘poison’ does not mean the Australian governments consider it ‘dangerous’; at least no more dangerous than any other medicine that requires prescription.”VERDICTMissing context. Australian law refers to the COVID-19 vaccine as a poison, but this does not mean the jab is dangerous.
Persons: , , Marco Rizzi, Read Organizations: Reuters, Social, WA, Cambridge, University of Western Locations: Western, Australia, Western Australia, University of Western Australia
Social media users have continued to misinterpret videos of moving fibres in COVID-19 test swabs, face masks and sanitary pads as tiny living worms. As Reuters has outlined in a previous fact check (here), these videos actually show safe synthetic fibres under a microscope that move due to static electricity or moisture. Despite the debunking of a series of videos that dissuade people from using face masks and test swabs, similar claims have emerged (here). The Meedan experts added that real microscopic worms would not survive on dry products like face masks because they need to be surrounded by water. Videos do not show microscopic worms in products such as face masks or sanitary pads, but synthetic fibres that are completely safe and sometimes move due to static electricity or moisture.
Persons: , Read Organizations: Reuters, BBC, Facebook Locations: COVID
The woman in the photograph was actually a neighbor of Ivanka Trump photographed in Washington D.C. on April 1, 2017 at an LGBT+ climate change protest outside Ivanka Trump’s house. It was published on April 2, 2017 in a Daily Mail article, seen here . It was taken during a dance protest staged by LGBT+ activists on April 1, 2017 outside Ivanka Trump’s house in Washington D.C. against then-president Donald Trump’s executive order undoing Obama-era climate change regulations (here , here). The caption on the photo says, “Dianne Bruce (right) lives across the street from Ivanka Trump and also lives in London. The photo shows the neighbour of Ivanka Trump, not Rudy Giuliani, and was taken in Washington D.C. in April 2017.
Persons: Rudy Giuliani’s, Ivanka Trump, Ivanka, Giuliani, Donald Trump, “ Rudy Guiliani’s, “ Schaden, Freude, Mary F, Calvert, Donald Trump’s, Obama, “ Dianne Bruce, Bruce, Rudy Giuliani, Read Organizations: FBI, Mail, Washington D.C, Reuters Locations: Washington, New York, Ukraine, ,, Ivanka Trump’s, London
London (CNN Business) A startup based in California says it can help farmers be greener and more profitable by offering what it describes as the world's first fully electric, self-driving tractor. Although it doesn't need a driver, to comply with US regulations it must have a designated remote operator who receives real-time alerts and can stop the vehicle if needed. It has sensors that can detect livestock and crops, and collision prevention systems that allow it to operate autonomously alongside farm workers. 'Agriculture is ready for transformation'With nearly two decades of experience working in the mobility and energy sectors, Monarch founder and CEO Praveen Penmetsa says he understands how technology can shape an industry. "Seeing those two industries transform gave me a template and an idea that agriculture globally is ready for transformation," Penmetsa tells CNN Business.
Persons: Praveen Penmetsa, Penmetsa Organizations: London, CNN, Monarch, Agriculture, CNN Business, Read Locations: California
Palestinian militants fired barrages of rockets into Israel and Israeli warplanes pounded Gaza in the early hours of Tuesday, and unrest also spread within Israeli Arab communities in Jerusalem. The Gaza health ministry said 23 Palestinians, including nine children, had been killed and 107 wounded by Israeli strikes in the destitute enclave since clashes surged on Monday. 1/11 Flames and smoke rise during Israeli air strikes amid a flare-up of Israel-Palestinian violence, in the southern Gaza Strip May 11, 2021. The Israeli military said its air defence shot down around 90% of rockets that crossed the Gaza border. It also said the civilian toll in Gaza may have been due to Palestinian rockets falling short.
Persons: Israel, Abu Mustafa Read, Benjamin Netanyahu, Ismail Haniyeh Organizations: United Nations, Palestine Red Crescent Society . Police, REUTERS, Monday, Israeli, Police, Thomson Locations: Israel, Gaza, Jerusalem, Egypt, Qatar, Al, Asqa, Old City, Palestine, Lode
Starbucks has a new Frappuccino for the summer
  + stars: | 2021-05-11 | by ( Jordan Valinsky | Cnn Business | ) + 1.00   time to read: +1 min
New York (CNN Business) Starbucks is ringing in summer with a Strawberry Funnel Cake Frappuccino, its first new limited time flavor in more than three years. The Strawberry Funnel Cake Frappuccino blends strawberry puree and a whipped cream swirled with funnel cake flavors, which is then topped with powdered sugar funnel cake pieces. The drink, which goes on sale Tuesday, is part of Starbucks' summer menu that also includes a new unicorn-shaped cake pop. The new Strawberry Funnel Cake Frappuccino from Starbucks. Cold drinks continue to perform well for Starbucks, now accounting for more than 50% of store sales.
Persons: Read Organizations: CNN Business, Starbucks Locations: York, Starbucks
Mike Lindell held a rally in South Dakota Monday to speak about his voter-fraud website Frank. The Dickinson Press reported that guests stood in line for hours – but the venue was only half-full. Supporters of MyPillow CEO Mike Lindell stood in line for hours to attend his rally in South Dakota on Monday – but the Corn Palace venue was only half-full for the event. Photos shared on Twitter show lines snaking around the Corn Palace in Mitchell. His Corn Palace rally was sandwiched between a Dakota Wesleyan University graduation ceremony and an event by the American Corn Hole Association.
Persons: Mike Lindell, Frank, Ben Carson, Eric Metaxas, Joe Piscopo, Lindell, Doug Greenway, Insider's Kevin Shalvey, Donald Trump, Zachary Petrizzo, Trump, Read, Mitchell Organizations: Dickinson Press, Twitter, Service, Lindell, Dominion, Trump, Newsweek, Commission, South Dakota GOP, Dakota Wesleyan University, Hole Association, YouTube Locations: South Dakota, Mitchell, Minnesota, Nebraska, Texas
L Brands is spinning off its Victoria's Secret brand rather than selling it. The move will split L Brands into two separate companies, L Brands confirmed in a statement. L Brands had been looking for a buyer for Victoria's Secret after a deal fell through last year. Victoria's Secret owner L Brands will instead spin off the lingerie brand, The Times reported. Read more: The rise and fall of Victoria's Secret, America's biggest lingerie retailerNewsletter The biggest stories in fast food, shopping, and more.
Persons: Read, Sycamore, Brands, Stuart Burgdoerfer Organizations: Brands, L Brands, New York Times, The Times, Times, Insider, Service, Body, Sycamore Partners, Bloomberg
Chip shortage dampens Nissan's route back to profit after record loss
  + stars: | 2021-05-11 | by ( ) + 0.00   time to read: +4 min
Nissan Motor Co (7201.T) expects to break even this business year, defying expectations for a return to profitability, as the global chip shortage curbs the car maker's recovery from a record annual operating loss. The forecast by Nissan, Japan's No.3 carmaker by sales, to break even for the year that began April 1 was lower than a 241.7 billion yen ($2.23 billion) profit predicted by SmartEstimate. The company said its annual operating loss in the year ended March 31 widened to 150.65 billion yen, from a 40 billion yen shortfall in the previous year. However, it beat its February forecast of a 205 billion yen loss thanks to cost cutting and a sales recovery led by China and the United States. It became the world's biggest car maker last year and has shielded its operations better than its peers from the chip shortage.
Persons: Makoto Uchida, SmartEstimate, Uchida, Ashwani Gupta, Aly Song Read, Carlos Ghosn, Gupta Organizations: Nissan Motor, Nissan, Renesas Electronics Corp, Auto Shanghai, REUTERS, Renault SA, Reuters, Mitsubishi Motors Corp, Renault, Toyota, Thomson Locations: Japan, Texas, Shanghai, China, North America, Mexico, United States
The American Automobile Association said fuel prices could soar after the Colonial Pipeline cyberattack. Some gas stations reported running out, and the shortages could hit the aviation industry, too. Gas prices in the US have hit $3 a gallon at gas stations – and experts warn that they could rise further as the US' largest fuel pipeline remains offline following a cyberattack. Colonial, the largest US refined fuel pipeline operator, reported a cyberattack involving ransomware Saturday that took some systems offline and forced it to temporarily halt operations. GasBuddy data late Monday night showed that nearly 7% of gas stations in Virginia had run out of gas.
Persons: Read, Jeanette McGee, Patrick De Haan, Tom Kloza Organizations: American Automobile Association, Colonial Pipeline, FBI, AAA, Service, Energy Information Administration, JPMorgan, Oil Price Information Service, CNN Business, Hartsfield Jackson Airport, American Airlines, Department of Locations: East, Mississippi, Tennessee, Georgia, Delaware, Virginia, North Carolina, Colonial, Texas, New York
Stephen Bailey is cofounder and CEO of enterprise leadership training platform ExecOnline. Enterprise leadership training platform ExecOnline has raised a $45 million Series D, led by OMERS Growth Equity, bringing the company's total funding to $87 million. Cofounder and CEO Stephen Bailey wants to democratize access to leadership grooming within corporate organizations. The platform provides one to three-week online training for the most junior manager roles within companies up to the CEO. "Stephen Bailey and his colleagues are truly 'doing well by doing good,' by facilitating this further evolution of executive development programs."
Persons: Stephen Bailey, ExecOnline, Bailey, Read, alma, Kaplan Organizations: Enterprise, OMERS Growth Equity, Stanford, Yale Law School, Fortune, Ivy League, alma mater Yale, ABS Capital Partners, Osage Venture Partners, OMERS Locations: Wharton, Columbia, OMERS, Saar
The most serious outbreak of fighting between armed factions in Hamas Islamist-run Gaza and Israel since 2019 began with confrontations between Palestinians and Israeli police at Al Asqa Mosque in Jerusalem on Monday. In one Gaza neighbourhood, an Israeli missile exploded inside an apartment in a multi-story building, killing three Islamic Jihad members, an official from the militant group said. 1/13 Israeli firefighters extinguish a car which caught on fire after a rocket was launched from the Gaza Strip, in Ashkelon, southern Israel May 11, 2021. U.S. Secretary of State Antony Blinken said the rocket attacks from Gaza against Israel should stop "immediately." Israel claims all of Jerusalem as its capital, a status not generally recognized internationally.
Persons: Magen David, Nir Elias Read, Beit Hanoun, Abdel, Hamid Hamad, Hussein, Hamad, Antony Blinken Organizations: United Nations, Monday, Jihad, Police, Israel's, REUTERS, Reuters, Channel, Arab League, ISRAEL, Palestine Red Crescent Society . Police, Thomson Locations: Gaza, Israel, Al Asqa, Jerusalem, Egypt, Qatar, Israeli, Ashkelon, Ashdod, Tel Aviv, Beit, Jerusalem . U.S, ISRAEL Israel, Lod, Walla, Palestine
Travel between New York and the vacation spots of Nantucket and Martha's Vineyard is heating up. New England hot spots like Cape Cod, Martha's Vineyard, and Nantucket Island are primed for an influx of summer visitors as COVID-19 restrictions wane. Nicolas Economou/NurPhoto/GettyThree major airlines serve Martha's Vineyard and Nantucket from New York's three area airports and Westchester County Airport north of the city. Both airports offer flights to Martha's Vineyard and Nantucket, with service to Provincetown, Massachusetts also available from Westchester. Flights to Martha's Vineyard and Nantucket are available and use private terminals on both ends of the journey.
Persons: Read, Nicolas Economou, John F, Thomas Pallini, It's, John Tlumacki Organizations: Tradewind Aviation, Elite Airways, JetBlue, Airlines, Airline, Service, JetBlue Embraer, Airport, JetBlue Airways, Kennedy International Airport, Newark Liberty International Airport, LaGuardia Airport, Westchester County Airport, Embraer, Delta Air Lines, United Airlines, Bombardier, Elite Airways Bombardier CRJ200, Airways, Vineyard, Air Cape Air, Boston Logan International Airport, Cape Air, JFK, Westchester ., Air, Cessna, Bell, Insider Helicopter, Blade, Pilatus, King Air, Boston Globe, Beechcraft King Air, Tradewind, Aviation Pilatus, Tradewind Aviation Private Locations: New York, Nantucket, Delta, United, New England, New York City, Cape Cod, Massachusetts, New, Westchester, JFK, LaGuardia, Newark, Provincetown , Massachusetts, Westchester and Massachusetts
Waymo Recruiting Director Melissa Karp spoke with Insider about how to nail its interview process. Waymo, Alphabet's autonomous vehicle unit, is setting the bar high with its diverse pool of talent. Getting a job at Waymo requires a blend of demonstrated collaboration and leadership skills, and a fresh, creative perspective, Karp told Insider. It may seem obvious, but candidates should be meticulous about avoiding small grammar and punctuation errors that can be distracting. "We really want to see that genuine connection," Karp said of candidates' relationship to autonomous tech.
Persons: Melissa Karp, Karp, Waymo, It's, we're, " Karp, we'll Organizations: Google, Waymo Locations: generalities
Surging prices are spooking the stock market
  + stars: | 2021-05-11 | by ( Anneken Tappe | Cnn Business | ) sentiment -0.99   time to read: +1 min
New York (CNN Business) US stocks tumbled out of the gate Tuesday as investors grow increasingly concerned about raw material price spikes, shortages and inflation. Even though the shortages and global supply issues have been lurking in plain sight for months , these worries are really weighing on stocks Tuesday. The price jumps affect broader measures of inflation, which in turn could force the Federal Reserve to change its monetary policy stance sooner than expected. For now, the central bank's interest rates are ultra-low and it buys billions of dollars worth of assets every month. But eventually that will change, and a prolonged increase in inflation could bring about that shift.
Persons: Jerome Powell, Read Organizations: CNN Business, Federal Reserve Locations: York
Tesla's sales in China fell 27% in April compared to March. Tesla has had to navigate numerous PR crises and heightened scrutiny in China in 2021. The sales drop follows months of public-relations crises for Tesla in China. The following month, a woman's protest at the Shanghai auto show triggered new scrutiny of Tesla's cars by Chinese regulators and sparked a public backlash against the company. Tesla's April sales still represent a significant increase over the 15,484 and 18,318 units the carmaker moved in January and February, respectively.
Persons: Tesla, That's, Elon Musk, Read, Daniel Ives Organizations: China's Passenger Car Association, Tesla, Service, Reuters, Hyundai, BMW, Mercedes, Tesla's, Wedbush Securities Locations: China, Shanghai, Beijing
Subway closed 1500 stores in 2020 and franchisees say returning to normal hours is difficult due to a lack of workers. Other restaurant chains are holding hiring events, adding extra perks, and, in some cases, raising wages to find staff. Subway is the latest fast food company to announce a hiring spree as retailers struggle to find enough workers. Some are rolling out extra incentives and holding large-scale hiring events to screen swaths of candidates at once to entice applicants. In Fall 2020, Subway franchisees balked when the chain told them to resume pre-pandemic schedules and returned to enforcing the number of hours restaurants had to be open.
Persons: Read, Taco Bell, Chipotle Organizations: Subway Locations: Florida
Trump is encouraging a 2020 election lawsuit in a Michigan county he already won. More than six months after the 2020 presidential election, former President Donald Trump is hyping a lawsuit in a small Michigan county that he already won. Trump won a majority of votes in Antrim County but lost Michigan overall to now-President Joe Biden. Trump and his allies have seized on a quickly-corrected counting error in the county to spread disinformation about the 2020 election results. If Bailey loses his Antrim County lawsuit, it will be another addition to the list of more than 40 failed election lawsuits from Trump and his allies.
Persons: Trump, Donald Trump, Joe Biden, Biden, Sheryl Guy, Bill Bailey, Bailey, Carlos Barria, Matthew DePerno, Kevin Elsenheimer, Read, Trump DePerno, Jocelyn Benson, Kimberly White, Russell Ramsland, Ramsland, Elsenheimer, he'd Organizations: Antrim, Michigan, Republican, Trump, Biden, Dominion Voting Systems, Trump's, Cherry Capital, REUTERS, Dominion, SiriusXM, Trump . Dominion Locations: Michigan, Antrim County, Central Lake, Antrim, Traverse City , Michigan, U.S, Traverse, Arizona's Maricopa County
Billie Eilish is talking about the reaction to that Vogue cover
  + stars: | 2021-05-11 | by ( Marianne Garvey | ) sentiment -1.00   time to read: +1 min
(CNN) Billie Eilish appeared on "The Late Show With Stephen Colbert" on Monday night, where she talked about her changing hair styles, performed her new single and discussed her recent British Vogue cover. Colbert wanted to get to the bottom of if Eilish is often wearing a wig nor not, asking if her former jet black and neon green hair was real or not. "I was just as blond then as I am now," Eilish said, admitting the look was a Billie Eilish Halloween costume, wig included, that she bought on Amazon. "I looked f---ing crazy underneath, and I needed to look not-crazy," she explained, saying she needed time to let her platinum blonde hair heal from dying it too much." allowfullscreen>The "Bad Guy" singer also talked about her stunning Vogue shoot and the millions of "likes" she got online after posting it.
Persons: Billie Eilish, Stephen Colbert, Colbert, Eilish, Guy, Read Organizations: CNN Locations: British
(CNN) "Oxygen" probably would have been better as a "The Twilight Zone" or "Black Mirror" episode, as opposed to being stretched out into a movie. Even so, this French thriller -- premiering on Netflix -- pulls the audience into its claustrophobic world, building toward the resolution of a mystery that, thankfully, doesn't disappoint. Laurent's nameless character awakens in a cryogenic pod, hooked up to tubes and unsure of who she is or how she got there. Other than fleeting glimpses of what appears to be her past, the action occurs almost entirely within that pod, as Laurent's character tries to solve the problem, with the knowledge that she possesses providing clues regarding her identity. The camera spends much of the time up close on Laurent's face, creating an atmosphere as suffocating as the threat.
Persons: Alexandre Aja, Laurent, Mathieu Amalric, Christie LeBlanc, Read Organizations: CNN, Netflix
Posts attributing a quote to actor Kurt Russell about former President Donald Trump being “relentless, “dedicated”, “determined” and “courageous” are false. The text in the posts reads: “Kurt Russell, ‘President Donald J. Trump is relentless. The bio for the user reads: “I’m Not Your #Huckleberry And I’m Not Kurt Russell. Another tweet from the same user with a different handle was misinterpreted as an authentic Kurt Russell quote, debunked by Reuters here . There is no evidence actor Kurt Russell ever said this quote complimenting former President Donald J. Trump.
Persons: Kurt Russell, Donald Trump, , “ Kurt Russell, Donald J, Trump, I’ve, ” …, I’m Wyatt Earp, ” Wyatt Earp, Russell, that’s, , Read Organizations: Reuters, Twitter, Trump Locations: Tombstone, New York
Boris Johnson’s brother was not appointed director of Dyson a week after the company was given tax assurances by the British prime minister, contrary to claims on social media. “PM’s brother becomes director of Dyson the week after they ask their tax problems to be fixed. Secondly, Johnson was appointed director of Dyson Technical Training Limited, the legal entity for The Dyson Institute of Technology and Engineering. But a Dyson spokesperson told Reuters in an email that Jo Johnson sits on the Council of the Dyson Institute, which “has no connection to the Dyson Board”. Jo Johnson was appointed as the director of Dyson Technical Training Limited, the legal entity The Dyson Institute of Technology and Engineering.
Persons: Boris Johnson’s, Dyson, James Dyson, Johnson, “ Joseph Edmund Johnson ”, “ Dyson, , Jo Johnson’s, Jo Johnson, Read Organizations: BBC, Companies House, Facebook, Dyson, Dyson Institute of Technology, Engineering, Dyson Institute of Engineering, Technology, Universities, Reuters, Dyson Institute, Universities Minister Locations: Britain
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