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LONDON, Nov 25 (Reuters) - Bank of England Governor Andrew Bailey said on Thursday that the difference between providing commentary on the state of the economy and what the central bank is likely to do with interest rates is hard to define. "The boundary between a commentary and guidance is quite murky, actually, when you think about the words we use," Bailey told a discussion organised by the Cambridge Union. The BoE shocked financial markets earlier this month when it kept interest rates on hold at their coronavirus pandemic lows. Investors had read remarks made by Bailey in October as a signal that rates would rise at the BoE's November meeting. Register now for FREE unlimited access to RegisterReporting by William Schomberg, Editing by William MacleanOur Standards: The Thomson Reuters Trust Principles.
Persons: Andrew Bailey, Bailey, The BoE, William Schomberg, William Maclean Organizations: Bank of England, Cambridge Union, Thomson
The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. The export-heavy FTSE 100 (.FTSE) gained 0.3%, with large dollar earners including Diageo (DGE.L), Unilever (ULVR.L), British American Tobacco (BATS.L), Reckitt Benckiser (RKT.L) boosted by a weaker pound. However, further gains were checked by declines in Vodafone (VOD.L) as it traded without entitlement for dividend. Register now for FREE unlimited access to RegisterMitchells & Butlers (MAB.L) rose 3.6% after jumping as much as 7.7% earlier. An industry group warned on Wednesday that Britain could face a shortage of alcohol this Christmas unless the government steps up its efforts to address a lack of heavy goods vehicle (HGV) drivers.
Persons: Toby Melville, Reckitt, Russ Mould, AJ Bell, Andrew Bailey, Sruthi Shankar, Amal, Shailesh Kuber, William Maclean Organizations: London Stock Exchange Group, City of, REUTERS, Vivo Energy, Diageo, Unilever, American Tobacco, Vodafone,, Butlers, Mitchells, Bank of, Thomson Locations: City, City of London, Britain, Peru, American, Bengaluru
Nov 25 (Reuters) - Britain's Blue Prism (PRSMB.L) has agreed to a final takeover offer from Vista Equity, valuing the robotics software company at 1.22 billion pounds ($1.63 billion), the U.S. private equity firm said on Thursday, topping an offer from SS&C Technologies (SSNC.O). The increased 1,250 pence-per-share cash offer from Vista comes amid objections to the deal from activist investor Coast Capital, who has supported U.S.-based SS&C's proposal. ($1 = 0.7506 pounds)Register now for FREE unlimited access to RegisterReporting by Aby Jose Koilparambil in Bengaluru, Editing by William MacleanOur Standards: The Thomson Reuters Trust Principles.
Persons: Aby Jose Koilparambil, William Maclean Organizations: Vista Equity, SS, C Technologies, Coast Capital, Thomson Locations: U.S, Vista, Bengaluru
Software AG considers putting itself up for sale-Bloomberg
  + stars: | 2021-11-25 | by ( )   time to read: 1 min
FRANKFURT, Nov 25 (Reuters) - Software AG (SOWGn.DE) is exploring strategic options including a potential sale, Bloomberg News on Thursday cited people familiar with the matter as saying. Frankfurt-listed shares of the German business software developer jumped 10.6% on the news. The company declined to comment. Register now for FREE unlimited access to RegisterReporting by Ludwig Burger and Nadine Schimroszik, Editing by William MacleanOur Standards: The Thomson Reuters Trust Principles.
Persons: Ludwig Burger, Nadine Schimroszik, William Maclean Organizations: Software AG, Bloomberg, Thomson Locations: FRANKFURT, Frankfurt
REUTERS/Fabian Bimmer/File PhotoBERLIN, Nov 24 (Reuters) - NATO allies received a reassuring message from Germany's incoming government on Wednesday when they scoured its policy plans: Berlin will remain part of NATO's nuclear sharing agreement. Register now for FREE unlimited access to RegisterWHAT IS NATO'S NUCLEAR SHARING? There was concern among NATO allies that these lawmakers might prevail with their opposition to nuclear sharing. Nuclear sharing also gives a country like Germany a seat at the top table, in the form of NATO's Nuclear Planning Group, where relevant issues are discussed in the alliance. Stoltenberg said that U.S. nuclear weapons might be moved further east if Germany dropped out of the nuclear sharing deal - a move that would anger Russia.
Persons: Fabian Bimmer, Jens Stoltenberg, Stoltenberg, Sabine Siebold, William Maclean, Toby Chopra Organizations: Tornado, Bundeswehr, REUTERS, NATO, JETS, Social Democrats, Greens, Nuclear, Thomson Locations: Jagel, Germany, Berlin, United States, NATO, Russia, Belgium, Italy, Netherlands, Turkey, Rhineland, Palatinate, U.S, GERMANY
REUTERS/Benoit TessierPARIS, Nov 23 (Reuters) - France recorded more than 30,000 new COVID-19 infections over 24 hours for the first time since August as the pace of infection sped up despite new social distancing measures and a drive to boost vaccinations. "Today, we will announce 30,000 cases over 24 hours. The 30,454 new cases registered in France on Tuesday were the highest level since the 30,920 recorded on Aug. 11. France saw an record of 86,852 new COVID-19 cases per day on Nov. 7, 2020. European stocks slumped to a three-week low on Tuesday, clocking their worst session in nearly two months, as a resurgence in COVID-19 cases raised fears of tighter restrictions.
Persons: Denis, Benoit Tessier PARIS, Olivier Veran, Tassilo Hummel, Geert De Clercq, William Maclean, Alex Richardson Organizations: Intensive Care Unit, REUTERS, Thomson Locations: du Nord, Saint, Paris, France
The logo of Amazon is pictured inside the company's office in Bengaluru, India, April 20, 2018. REUTERS/Abhishek N. Chinnappa//File PhotoLUCKNOW, India Nov 20 (Reuters) - Indian police said on Saturday they had charged senior executives of's (AMZN.O) local unit under narcotics laws in a case of alleged marijuana smuggling via the online retailer. State police said in a statement that executive directors of Amazon India were being named as accused under the Narcotic Drugs and Psychotropic Substances Act due to differences in answers in documents provided by the company in response to police questions and facts unearthed by discussion. Register now for FREE unlimited access to RegisterPolice did not disclose how many executives were charged. The police, who had previously summoned and spoken to Amazon executives in the case, estimate that about 1,000 kg of marijuana, worth roughly $148,000, was sold via Amazon.
Persons: Abhishek, Saurabh Sharma, Sankalp Phartiyal, William Maclean Organizations:'s, Police, Amazon India, Amazon, Narcotic, Register Police, Thomson Locations: Bengaluru, India, LUCKNOW, Madhya Pradesh, Amazon India
Singer Britney Spears poses at the 29th Annual GLAAD Media Awards in Beverly Hills, California, U.S., April12, 2018. REUTERS/Mario AnzuoniNov 17 (Reuters) - Pop star Britney Spears has given a sneak-peek into how she plans to use her new-found freedom, after gaining control of her personal life and estate earlier this month. Spears's personal life and $60 million estate was overseen by her father under a 13-year long conservatorship, which ended last week after a long and drawn out legal battle. In the post, Spears also thanked her fans and the #FreeBritney movement, which was initiated in support of the singer, saying, "You guys rock" and " I honestly think you guys saved my life in a way, 100 percent." Reporting by Nishit Jogi in Bengaluru, Editing by William MacleanOur Standards: The Thomson Reuters Trust Principles.
Persons: Britney Spears, Mario Anzuoni, Spears, Nishit, William Maclean Organizations: REUTERS, Thomson Locations: Beverly Hills , California, U.S, Bengaluru
A bird flies past The Bank of England in the City of London, Britain, December 12, 2017. The EU executive said last week that EU market participants could continue clearing euro denominated derivatives in London beyond June 2022, when permission was set to expire. Banks say that forcing a shift in euro derivatives clearing from the London Stock Exchange to Deutsche Boerse in Frankfurt would be costly and fragment markets. Froukelien Wendt, a member of ESMA's clearing supervisory committee, said the report looks at the effect of cutting off EU market participants from clearers in London. The EU will have to build up "best in class" clearing capacity that is attractive and competitive, Berrigan said.
Persons: Clodagh, John Berrigan, Berrigan, Banks, Froukelien Wendt, " Wendt, Huw Jones, William Maclean Organizations: Bank of England, City of, REUTERS, European, EU, London Stock Exchange, Deutsche Boerse, ESMA, Thomson Locations: City, City of London, Britain, London, Brussels, Frankfurt, clearers
Inflation remained within the 3-5% target and revenues “performed satisfactorily”, the east African country’s central bank said in a statement. In Zanzibar, a semi-autonomous archipelago, the economy grew at 6.5% in the second quarter of 2021 compared to a negative 1.4% in the corresponding quarter in 2020, the statement said. In mainland Tanzania, growth in the second quarter of 2021 was 4.3%, compared to 4.0% in the second quarter of 2020. The central bank said it was optimistic about Tanzania’s growth prospects. Last week, Tanzania’s central bank here said it would target individuals and government officials in new measures to reduce non-performing loans.
Persons: , Nuzulack Dausen, Ayenat Mersie, Jan Harvey, William Maclean Organizations: SALAAM, Bank of, MPC, Monetary Locations: Tanzania, Bank of Tanzania, Zanzibar
A money changer counts Turkish lira banknotes at a currency exchange office in Ankara, Turkey November 11, 2021. The central bank has defended its independence and said price pressure is temporary. FOREIGN DEBT BURDENAnalysts are split on what level of lira depreciation would prompt the central bank, and Erdogan, to pause the monetary easing. Last month the bank's policy committee said there was less space for rate cuts before year end. The "weakening lira is exacerbated by existing extensive economic mismanagement, driven by (the) consolidation of power of President Erdogan," he said.
Persons: Tayyip Erdogan's, stokes, Erdogan, Jason Tuvey, Kemal Kilicdaroglu, Naci Agbal, Sahap Kavcioglu, Erik Meyersson, Dennis Shen, Odile Renaud, Basso, Renaud, Ali Kucukgocmen, Jan Harvey, William Maclean Organizations: REUTERS, Capital Economics, CHP Republican People's Party, European Bank for Reconstruction, Thomson Locations: Ankara, Turkey, Cagla, ANKARA, Stockholm
A street sign, Wall Street, is seen outside New York Stock Exchange (NYSE) in New York City, New York, U.S., January 3, 2019. Persistent concerns that inflation may be rising more sharply and sticking around longer than originally expected weighed on Wall Street, with pessimism weighing on stocks and oil and pushing safe havens like the U.S. dollar upwards. The Dow Jones Industrial Average (.DJI) fell 0.04%, the S&P 500 (.SPX) ended flat, and the Nasdaq Composite (.IXIC) dropped 0.04%. The 20-year bond yields rose 5 basis points to 2.04% while 30-year bond yields increased 5 basis points to 2.01%. Benchmark 10-year yields gained 4 basis points to 1.62% and are up from a one-month low of 1.42% last Tuesday.
Persons: Shannon Stapleton, Mike Loewengart, Joe Biden's, Brent, Pete Schroeder, Wayne Cole, Angus MacSwan, Chizu Nomiyama, William Maclean, Marguerita Choy Organizations: New York Stock Exchange, REUTERS, U.S, Dow Jones, Nasdaq, Investors, Treasury, . Strategic Petroleum Reserve, West Texas, Federal Reserve, Blackrock, Thomson Locations: New, New York City , New York, U.S, WASHINGTON, Washington, Sydney
The dollar index , which measures the currency against six peers, hit 95.420 on Monday, its highest since July 2020, and was last up 0.3%. read moreOn Wall Street, U.S. stocks lost their grip on a strong opening, sliding to flat to negative territory around midday trading. "Although price rises are broad based, the mix of inflation shows the unusual restart dynamics at play." OIL DIPSThose prices concerns were apparent in crude oil prices, where expectations of increased supply, mixed with worries demand could drop amid higher energy prices, helped push the commodity to a one-week low. "Traders are instead refocusing on the return of two bearish factors – the possibility of more oil supply sources and more COVID-19 cases."
Persons: Kim Kyung, Brent, Louise Dickson, Joe Biden's, Pete Schroeder, Wayne Cole, Angus MacSwan, Chizu Nomiyama, William Maclean Organizations: REUTERS, U.S, WASHINGTON, Treasury, Dow Jones, Nasdaq, Federal Reserve, Blackrock, U.S . Strategic Petroleum Reserve, of, Petroleum, Thomson Locations: Tokyo, Japan, U.S, Washington, Sydney
Chancellor Angela Merkel urged unvaccinated people to reconsider their decision in a video message on Saturday. France, the Netherlands and many countries in Eastern Europe are also experiencing a surge in infections. Britain is to extend its COVID-19 booster vaccine rollout to people between 40 and 49, officials said on Monday, to boost waning immunity ahead of the colder winter months. "But what we certainly have got to recognise is there is a storm of infection out there in parts of Europe." He has mild symptoms and no fever but will not be able to attend Saturday's protest because of quarantine requirements.
Persons: Chancellor Alexander Schallenberg, Susanne Zwach, Leonhard Foeger, Angela Merkel, unvaccinated, Merkel, Boris Johnson, Herbert Kickl, Lisi Niesner, Josephine Mason, Alistair Smout, Emilio Parodi, Victoria Waldersee, Maria Sheahan, Nick Macfie, William Maclean, Philippa Fletcher Organizations: Reuters, REUTERS, British, Party, Victoria, Thomson Locations: Europe, Europe VIENNA, Austria, Germany, Italy, Vienna, France, Netherlands, Eastern Europe, Britain, London, Milan, Berlin
NATO Secretary-General Jens Stoltenberg speaks during a news conference following the talks with Ukrainian President Volodymyr Zelenskiy in Kiev, Ukraine October 31, 2019. REUTERS/Gleb Garanich/File PhotoBRUSSELS, Nov 15 (Reuters) - NATO Secretary-General Jens Stoltenberg warned Russia on Monday that the western military alliance was standing by Ukraine amid a large and unusual concentration of Russian troops on Ukraine's borders. And what we see is a significant, large Russian military build-up," Stoltenberg told a news conference with Ukraine's Foreign Minister Dmytro Kuleba in Brussels. The troop border build-up - which Ukraine last week estimated at 100,000 - was dangerous, said Stoltenberg, because it reduced the amount of warning time, should Russia decide to "conduct a military aggressive action against Ukraine." A NATO source, asked to describe how Russia is going about deploying its military equipment towards Ukraine, said: "large equipment such as tanks, self-propelled artillery and infantry fighting vehicles is moved at night to avoid tell-tale pictures showing up on social media as they did during the Russian military build-up in spring."
Persons: Jens Stoltenberg, Volodymyr Zelenskiy, Gleb Garanich, Stoltenberg, Dmytro Kuleba, Gabrielius Landsbergis, Sabine Siebold, Robin Emmott, Ingrid Melander, Alex Richardson, William Maclean Organizations: NATO, REUTERS, Ukraine's Foreign, Ukraine, European Union, Thomson Locations: Kiev, Ukraine, BRUSSELS, Russia, Brussels, Moscow, Crimea, Russian, Donbass, Belarus
Two-year gilt yields were 31 basis points down on the week at 0.40% at 1620 GMT, their sharpest weekly fall since August 2009. Five-year yields GB5YT=RR were 27 basis points lower at 0.56%, their biggest drop since March 2009. Interest rate futures show a 70% chance that the BoE will raise the Bank Rate by 15 basis points at its December meeting. The futures pricing also suggested investors were expecting Bank Rate to reach around 1% at the end of next year, compared with about 1.25% before Thursday’s announcement. A Reuters poll of economists published last month pointed to a first rate hike in February rate as the most likely outcome.
Persons: BoE, Friday BoE Governor Andrew Bailey, Andy Bruce, William Schomberg, William Maclean Organizations: Bank of, Bank of England, BofA Securities, Friday, BBC Locations: Bank of England, British
A disused former customs hut is seen on the border between Northern Ireland and the Republic of Ireland in Carrickcarnon, Ireland, October 13, 2021. "Let there be no doubt that triggering Article 16 to seek the renegotiation of the Protocol would have serious consequences." Sefcovic said triggering Article 16 would lead to instability in Northern Ireland and amount to a rejection of the EU's attempt to find a compromise. "We are not going to trigger Article 16 today, but Article 16 is very much on the table," Frost told journalists. A spokesperson for Johnson told reporters Britain would press on with negotiations to try to resolve the issues with the so-called Northern Ireland protocol that governs post-Brexit trade with the province.
Persons: Boris Johnson's Brexit, David Frost, Frost, Sefcovic, Johnson, Guy Faulconbridge, Christian Levaus, Johnny Cotton, Jan Strupczewski, Elizabeth Piper, Gabrela Baczynska, Jan Harvey, William Maclean Organizations: Republic of Ireland, REUTERS, EU UK, LONDON, European Union, Northern Ireland, European Commission, EU, Irish Catholic, Sefcovic, Thomson Locations: Northern Ireland, Republic of, Carrickcarnon, Ireland, BRUSSELS, Northern, United States, Brussels, Britain, London, British, Glasgow
A disused former customs hut is seen on the border between Northern Ireland and the Republic of Ireland in Carrickcarnon, Ireland, October 13, 2021. The emergency measures, called Article 16, allows either side to take unilateral action if they deem their agreement governing post-Brexit trade is having a strongly negative impact on their interests. "We are not going to trigger Article 16 today, but Article 16 is very much on the table," Britain's negotiator David Frost told journalists. "We obviously want to agree consensual solutions on the protocol and we need to resolve these issues urgently, because the disruption on the ground in Northern Ireland hasn't gone away," the spokesperson said. Asked whether it was planning what to do should London trigger Article 16, the Commission - which negotiates with Britain on behalf of EU countries - said earlier this week it always prepares for eventualities.
Persons: pointman, David Frost, Boris Johnson, Northern Ireland hasn't, Frost, Maros Sefcovic, Guy Faulconbridge, Christian Levaus, Johnny Cotton, Jan Strupczewski, Elizabeth Piper, Gabrela Baczynska, William Maclean, Jan Harvey Organizations: Republic of Ireland, REUTERS, EU, Irish Catholic, European Commission, Commission, eventualities, Thomson Locations: Northern Ireland, Republic of, Carrickcarnon, Ireland, BRUSSELS, Britain, London, Brussels, Glasgow
The Russian economy has already recovered to pre-pandemic levels after its sharpest contraction in 11 years of 3% in 2020. But it may now face headwinds from a possible drop in prices for oil, its main export, and numerous interest rate hikes. In a report on regional economic prospects, EBRD said the Russian economy is boosted by social spending programmes that are facilitated by higher commodity revenues. It pointed at "geopolitical tensions, notably the risk of further sanctions, and volatility in oil and gas prices and demand." EBRD provided the following forecasts for Russia and other countries:EBRD economic forecastsReporting by Andrey Ostroukh, Editing by William MacleanOur Standards: The Thomson Reuters Trust Principles.
Persons: Andrey Kuzmin MOSCOW, EBRD, Andrey Ostroukh, William Maclean Organizations: REUTERS, European Bank for Reconstruction, Development, Thomson Locations: Moscow, Russia, Russian
REUTERS/Neil HallSummary Miners recover as copper prices riseDarktrace slides as investor sells stakeFTSE 100 down 0.4%, FTSE 250 off 0.2%Nov 3 (Reuters) - London's FTSE 100 slipped on Wednesday as losses in heavyweight oil stocks and the stronger pound weighed, while traders held back on uncertainty around a potential UK rate hike. The commodity-heavy FTSE 100 index (.FTSE) ended 0.4% lower, recording its worst session in nearly two-weeks, dragged by weakness in oil majors Royal Dutch Shell (RDSa.L) and BP (BP.L). UK's energy subindex (.FTNMX601010) fell 2.2%, tracking crude prices after industry data showed a big build in crude oil and distillate stocks in the United States. "Any weakness over the near term of oil prices and oil producers is a potential buying opportunity," said Joshua Mahoney, market analyst at IG Group. Buoyed by soaring fuel prices, UK energy stocks have far outperformed other sectors and the FTSE 100 index this year.
Persons: Neil Hall, Joshua Mahoney, Russ Mould, AJ Bell, UK's Williams, Bansari Mayur Kamdar, Amal, Shounak Dasgupta, William Maclean Organizations: London Stock Exchange, REUTERS, FTSE, Royal, Shell, BP, IG Group, Diageo, Unilever, British American Tobacco, Bank of England's, Next, Darktrace, Vitruvian Partners, Thomson Locations: London, Britain, United States, Bengaluru
Positive Technologies of Russia, and Computer Security Initiative Consultancy PTE. In the past, the NSO Group and Candiru have been accused of selling hacking tools to authoritarian regimes. NSO says it only sells its products to law enforcement and intelligence agencies and takes steps to curb abuse. The Biden administration imposed sanctions on Positive Technologies, a Russian cybersecurity firm, this year for providing support to Russian security services. Spokespeople for Positive Technologies and Computer Security Initiative Consultancy PTE.
Persons: Kacper, Candiru, Biden, Kevin Wolf, Obama, Trump, Christopher Bing, John Stonestreet, William Maclean Organizations: REUTERS, WASHINGTON, U.S . Commerce Department, Technologies, Computer Security, Consultancy PTE, The, U.S, U.S . State Department, Suppliers, NSO, Positive Technologies, LTD, Export, Commerce, Export Administration, Huawei, Thomson Locations: Russia, Singapore, Russian, U.S
REUTERS/Carlos Garcia RawlinsSHANGHAI, Nov 3 (Reuters) - China's government on Wednesday ordered 38 apps from a number of companies including social media giant Tencent Corp (0700.HK) to rectify what it called the excessive collection of personal information. In a statement posted on a social media account of the Ministry of Industry and Information Technology (MIIT), the regulator found that the apps in question collected unnecessary personal information. The apps listed included a news app and music streaming app from Tencent, as well as the beauty-oriented social network Xiaohongshu. China's implementation of its privacy law arrives amid increasing public scrutiny about privacy and data collection from large tech companies. The law complements the Data Security Law, a framework for how companies store and classify data, which also went into effect this year.
Persons: Carlos Garcia Rawlins, Xiaohongshu, Josh Horwitz, Louise Heavens, William Maclean Organizations: REUTERS, Carlos Garcia Rawlins SHANGHAI, Wednesday, Tencent Corp, HK, Ministry of Industry, Information Technology, Security, Thomson Locations: Beijing, China
read moreHe said the United States would provide financing to bolster global efforts to reach net zero emissions "by closing South Africa's coal plants ahead of schedule and investing in clean alternatives ... for the people of South Africa." Biden said the funding would ensure "equitable, inclusive transitions in South Africa's coal sector" by helping regions and workers in coal industries affected by the phaseout. More than 90,000 people were employed in coal mines alone in 2020 in South Africa, which pledged to cut emissions by 2030 in an updated contribution to global efforts. This is a big deal," Jesse Burton, an energy policy researcher focused on South Africa's coal sector, said on Twitter. Funds are also needed to ensure communities reliant on coal mining or coal power stations for jobs have greener alternatives to make a living as part of that process.
Persons: Siphiwe, Boris Johnson, Ursula von der Leyen, Cyril Ramaphosa, von der Leyen, Ramaphosa, Biden, Jesse Burton, John Morton, Janet Yellen, Mafalda Duarte, Jeff Mason, Andrea Shalal, Emma Rumney, William Maclean, Alexander Smith Organizations: REUTERS, GLASGOW, United, European Union, British, United Nations, Biden, European, Group, COP26, Twitter, Treasury, Investment Funds, Reuters, Thomson Locations: Sasolburg, Free State, United States, Britain, France, Germany, Africa, Glasgow, South Africa, Paris, Africa's, Edinburgh, Johannesburg
Journalists Maria Ressa and Dmitry Muratov, who braved the wrath of the leaders of the Philippines and Russia to expose corruption and misrule, won the Nobel Peace Prize this year, in an endorsement of free speech under fire worldwide. The Peace Prize is the only one awarded in Oslo. The Norwegian Nobel Committee has decided this year's Peace Prize award ceremony will be an in-person event taking place in Oslo City Hall on Dec. 10, it said. "The Committee is expecting both Maria Ressa and Dmitry Muratov to attend the ceremony," the committee said in a statement. For a graphic listing all Nobel Laureates, click on by Gwladys Fouche, Editing by William MacleanOur Standards: The Thomson Reuters Trust Principles.
Persons: Charles M, Rice, Mary Altaffer, Journalists Maria Ressa, Dmitry Muratov, Maria Ressa, David Beasley, Gwladys Fouche, William Maclean Organizations: REUTERS, Norwegian Nobel Committee, Journalists, Oslo City Hall, Nobel Foundation, United Nations, Food, Thomson Locations: New York, U.S, REUTERS OSLO, Oslo, Norwegian, Stockholm, Philippines, Russia
A view shows the monument Baiterek after the lights are switched off for Earth Hour in Nur-Sultan, Kazakhstan March 27, 2021. Under the agreement between Nur-Sultan and the network, "Facebook has provided Kazakhstan direct and exclusive access to Facebook’s 'Content Reporting System' (CRS) which can help the government to report content that may violate Facebook’s global content policy and local laws of Kazakhstan", the sides said in a joint statement. He said the company was working with Kazakhstan particularly on "online safety for children". The government has said there were at least 3.2 million Facebook users in Kazakhstan. Facebook has long faced criticism from rights group for being too compliant with government censorship requests.
Persons: Vasily Fedosenko, Nur, Aidos Sarym, George Chen, Olzhas Auyezov, William Maclean Organizations: REUTERS, Meta, Central, Facebook, Thomson Locations: Nur, Sultan, Kazakhstan, ALMATY, Kazakh, Central Asia, China, India, Vietnam, Myanmar
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