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☆ Premarket stocks: Banking chaos has been bittersweet for crypto and wine
▼ + stars: | 2023-03-30 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

But it also gave the fine wine and crypto industry a big boost as panicking investors rushed out of the financial sector and into alternative assets. Bittersweet banking: SVB lent over $4 billion to winery clients since 1994, with over 400 wine industry clients (including wineries, vineyards and vendors) working with the bank’s premium wine division, according to the bank’s website. Recent SEC filings, meanwhile, indicated SVB had about $1.2 billion in outstanding loans to high-end wine clients when the bank collapsed. Circle, the company behind popular stablecoin USDC, said it had about $3.3 billion of its $40 billion in reserves at SVB. The collapse of Signature Bank, a major crypto lender, also had serious implications for the industry.

☆ U.S. to Provide $25 Million to Costa Rica for Cybersecurity
▼ + stars: | 2023-03-29 | by ( James Rundle | ) www.wsj.com time to read: +3 min

The U.S. will provide cybersecurity support to the government of Costa Rica, officials said, almost a year after a ransomware group laid siege to its critical infrastructure and triggered a state of emergency. The funds will also help Costa Rica with strategic and technical cyber planning, training, hardware and software licenses, the official said. The official said the U.S. government believes Costa Rica’s support for Ukraine may have been a factor in Conti’s attack, as the group previously expressed its support for the Russian government’s invasion. PREVIEWThe grant to Costa Rica follows similar efforts from the U.S. to assist Albania in recovering from a cyberattack, which the federal government has since linked to Iran. Costa Rica has applied to join this initiative, which comprises 36 countries and the European Union, the official said.

LAS VEGAS, March 28 (Reuters) - Mid-sized U.S. lenders are getting creative as they try to hang onto customer deposits after two bank failures rattled consumers and spurred a $119 billion exodus from small institutions in recent weeks. Industry executives discussed strategies to bolster trust in their institutions at an annual meeting of the Consumer Bankers Association conference on Monday in Las Vegas. Paying higher rates on deposits is the most common way to make them stick, executives said. Despite the recent flight in deposits to large banks, one banker at a mid-sized bank said they were confident the lender could survive the recent exodus. Reporting by Tatiana Bautzer and Nupur Anand in Las Vegas; Editing by Lananh Nguyen and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Women's NCAA roundup: No. 1 S. Carolina rolls past UCLA
▼ + stars: | 2023-03-25 | by ( ) www.reuters.com time to read: +2 min

Mandatory Credit: Jim Dedmon-USA TODAY SportsMarch 25 - Brea Beal had 10 points, seven rebounds and four assists as No. 1 South Carolina advanced to its third consecutive Elite Eight with an easy 59-43 victory over No. 4 UCLA on Saturday in the Greenville Regional 1 at Greenville, S.C.South Carolina - the tournament's top overall seed - led wire-to-wire in a game where UCLA trailed by double digits for the majority of the second half. UCLA (27-10) was powered by Charisma Osborne's 14 points and seven rebounds. Playing without injured starting guards Olivia Miles and Dara Mabrey, Sonia Citron led the Irish with 14 points, four assists and seven rebounds.

☆ Big media is gearing up for battle with Google and Microsoft over AI chatbots using their articles for training: 'We are actively considering our options'
▼ + stars: | 2023-03-03 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

Publishers want Google and Microsoft to pay them for the use of media content to train their AI. Media companies are also studying how to change their business models to protect themselves from the bots' threat. Within media companies, the topic is being discussed at the highest levels, from the C-suite to the boardroom. Executives are also strategizing with peers and competitors about the possibility of forging a united position against the tech companies, according to multiple publishing sources. The same year, an Australia law forced tech companies to pay news outlets for linking to their articles.

☆ Even hackers are getting laid off: As companies beef up cybersecurity, one hacker group reportedly let go of 45 telemarketers tricking people into inviting ransomware
▼ + stars: | 2023-02-21 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

More countries are targeting payments made to appease ransomware attackers, according to Gartner. As US Department of Justice investigators and companies beef up their oversight of cybersecurity threats, the impact of ransomware attacks — hackers demand ransom payments from targets — has been blunted, according to a Wall Street Journal report. Ransomware hacks can have high stakes, especially when hackers blackmail targets over private information in order to extract payments. In 2021, the agency created new groups internally, including the National Cryptocurrency Enforcement Team and the Ransomware and Digital Extortion Task Force. Countries are generally also stepping up their oversight of ransomware attacks and trying to improve privacy regulations, according to the research and consulting firm Gartner.

Summary Trickbot targeted hospitals during COVID-19 pandemic, U.S. saysSanctions could hit hackers' ability to move money-analystWASHINGTON, Feb 9 (Reuters) - The United States and Britain have imposed sanctions against seven leading members of a notorious Russian hacking gang known as Trickbot, officials announced on Friday. U.S. Secretary of State Antony Blinken said in a statement that the United States and Britain were "committed to using all available authorities to defend against cyber threats." Both Trickbot and Conti were accused by U.S. and British authorities of having ties to the Russian intelligence services. Sanctions tend to be largely symbolic given that Russia is already heavily sanctioned and cybercriminals based there tend to steer clear of the United States or Britain. He said that U.S. officials had been lobbying to get other countries to impose sanctions on cybercriminals.

☆ Britain sanctions seven Russians over cyber crime
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +1 min

LONDON, Feb 9 (Reuters) - Britain said on Thursday it had sanctioned seven Russians over cyber crime in co-ordinated action with the United States, as the pair seek to crack down on those they blame for ransomware attacks which have paralysed businesses, schools and hospitals. Britain's Foreign Office said there had been 149 victims of ransomware known as Conti and Ryuk in Britain and that the cyber criminals had used the attacks to gain an estimated 27 million pounds ($32.85 million) from those targeted. Foreign Minister James Cleverly said the new sanctions helped put Britain's national security first and would protect people from serious organised crime. "By sanctioning these cyber criminals, we are sending a clear signal to them and others involved in ransomware that they will be held to account," he said in a statement. ($1 = 0.8218 pounds)Reporting by Muvija M, writing by Sarah Young; editing by William JamesOur Standards: The Thomson Reuters Trust Principles.

Much as he would have liked to significantly increase supplies, Biosca-Reig said he couldn't justify investing millions of euros in new production lines unless he was paid more for the generic drug to cover sharply rising costs. European generic drugmakers say the tender system and regulated prices have fuelled a race to the bottom, and European firms are being undercut by suppliers from Asia. BRUSSELS, WE HAVE A PROBLEMThe European Medicines Agency (EMA) and European Union lawmakers acknowledge there is a problem. Half the generic medicines sold in Spain are priced below 1.60 euros per box or bottle, the country's generics manufacturing association said. But companies with smaller market shares, such as Israel's Teva (TEVA.TA), which has 5% of the region's amoxicillin market according to Medicines for Europe, are constrained.

WASHINGTON, Jan 18 (Reuters) - U.S. authorities said on Wednesday they have arrested the majority shareholder and cofounder of Hong Kong-registered virtual currency exchange Bitzlato Ltd for allegedly processing $700 million in illicit funds. It also broke rules requiring significant vetting of customers and failed to meet requirements aimed at preventing money laundering, authorities said. REUTERS/Dado Ruvic/Illustration 1 2Prosecutors said Bitzlato knowingly serviced U.S. customers and conducted transactions with U.S.-based exchanges using U.S. online infrastructure. "Identifying Bitzlato as a primary money laundering concern effectively renders the exchange an international pariah," Deputy Treasury Secretary Wally Adeyemo said at the news conference. "None of the mainstream financial institutions will deal with an entity identified as a primary money laundering concern," she said.

☆ Leslie Phillips: Carry On and Harry Potter star dies aged 98
▼ + stars: | 2022-11-08 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +2 min

London CNN —Leslie Phillips, the British actor who starred in the Carry On movie franchise and later voiced the Sorting Hat in the Harry Potter films, has died at the age of 98. Phillips passed away “peacefully in his sleep” on Monday, his agent Jonathan Lloyd confirmed to the PA news agency. Turning down the opportunity to move to Hollywood, he remained in Britain where he went on to star in three Carry On films: Carry On Nurse, Carry On Teacher and Carry on Constable. Fellow actor Sanjeev Bhaskar tweeted a video of Phillips from his BBC show The Kumars at No 42. A truly warm, funny and gentle man #RIPLesliePhillips”Also paying tribute to him was Piers Morgan, who tweeted: “RIP Leslie Phillips, 98.

☆ A year after trading scandal, Fed is again under ethics spotlight
▼ + stars: | 2022-11-01 | by ( Michael S. Derby | ) www.reuters.com time to read: +6 min

At the same time, an in-house Inspector General (IG) investigation into the regional Fed trading activities still hasn't been released and it's unclear when it will be. Unresolved in that process are publicly available disclosures for top staff at regional Fed banks. Right now, only disclosures for the Fed chief, members of the Fed's Board of Governors, top central bank staff and regional bank presidents are available. Given the quasi-private nature of the 12 regional Fed banks, there's no formal mechanism to compel those institutions to release this information. The Fed faced some criticism last year for failing to identify the financial trading activity that ensnared the regional bank presidents.

☆ Maine’s Bar Harbor Debates Saying No to Big Cruise-Ship Crowds
▼ + stars: | 2022-10-15 | by ( Jon Kamp | Photographs Ashley L. Conti For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Voters in Bar Harbor, Maine, a tourism hot spot in the state known as Vacationland, are set to soon decide whether to turn back incoming waves of cruise passengers. If the ballot question passes on Nov. 8, it would require Bar Harbor to limit the number of disembarking cruise-ship passengers to 1,000 a day. Today, ships with a capacity of roughly 4,000 guests regularly anchor there, sending thousands of people into the small downtown’s streets or vehicles bound for nearby Acadia National Park.

Lega (League) leader Matteo Salvini, Forza Italia leader Silvio Berlusconi and Brothers of Italy leader Giorgia Meloni react during the closing electoral campaign rally of the centre-right's coalition in Piazza del Popolo, ahead of the September 25 general election, in Rome, Italy, September 22, 2022. Giorgia Meloni of the Brothers of Italy (Fdi), Matteo Salvini of the League and former premier Silvio Berlusconi of Forza Italia, aged 85, appeared before thousands of supporters in Rome. DAUNTING CHALLENGESIn office, Meloni would face daunting challenges including the threat of recession, inflation and spiking energy costs, on top of Italy's historically high public debt. The League leader has also questioned Meloni's fiscal caution, calling for an extra 30 billion euros ($29.6 billion) in public borrowing to fund measures against the energy crisis. Berlusconi, who rarely appears in public due to frail health, was the first to speak at the rally.

☆ Редкая коллекция вин Romanee продана за 8,7 миллиона евро
▼ + stars: | 2021-04-20 | by ( Mld Media Srl | ) noi.md time to read: +1 min

Редкая коллекция из около 2000 бутылок вина Romanee с самого маленького из престижных виноградников Бургундии, была продана в воскресенье за 8,7 миллиона евро, сообщили представители аукциона Baghera Wines, цитируемые AFP. Аукционный дом Baghera Wines со штаб-квартирой в Женеве выставил на продажу в общей сложности 1819 бутылок вина Romanee, из которых 106 бутылок в формате magnum и одна в формате Jeroboam, приобретенных в период с 1862 по 2005 год. Самый дорогой лот – 12 бутылок вина Romanee 1865 года – продан за 1 952 000 швейцарских франков (около 1 766 000 евро), согласно данным, опубликованным Baghera Wines. Самый дорогой ассортимент, проданный на этом аукционе, также датированный 1865 годом и продававшийся в пяти бутылках, был продан по индивидуальной цене 201 300 швейцарских франков (182 600 евро). Исполнительный директор аукционного дома Baghera Wines Майкл Ганн в своем заявлении подчеркнул «безупречное мастерство» продукции Bouchard Pere et Fils, а также «близкое к идеальному качество лотов, выставленных на продажу», чтобы объяснить внушительные суммы, полученные на аукционе.

Persons: Майкл Ганн Locations: Бургундия, Женева

☆ Профсоюзы и работники vs. агент временной занятости. Условия трудоустройства иностранных граждан
▼ + stars: | 2020-10-13 | by ( Редакция Vp | ) vocea.md time to read: +4 min

Ion PREGUZAexpertîn Departamentul juridic al CNSMПрофсоюзы и работники vs. агент временной занятостиЯ слышал о законопроекте, который предусматривает внесение изменений в Трудовой кодекс для привлечения на работу людей посредством агента временной занятости. Борис Слуту, КишинэуЗаконопроект, которым предполагается внести изменения в Трудовой кодекс для использования труда посредством агента временной занятости, был представлен для рассмотрения Министерством здравоохранения, труда и социальной защиты. Условия трудоустройства иностранных гражданКаковы условия или требования приема на работу иностранных граждан в нашей стране? Иностранцы могут осуществлять трудовую деятельность на территории Республики Молдова на основании временного вида на жительство с целью трудовой деятельности. Кроме того, на работников — иностранных граждан или лиц без гражданства, работающих на основании индивидуального трудового договора у работодателя, осуществляющего деятельность в Р. Молдова, распространяются положения Трудового кодекса.

Persons: занятостиЯ, Борис Слуту, Григоре Бытка Organizations: Министерство здравоохранения, труда и социальной защиты, Национальное агентство занятости населения, Р. Молдова Locations: Республика Молдова

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