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☆ Mahsa Amini death anniversary sees heavy security in Iran
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +5 min

[1/2] A police motorcycle burns during a protest over the death of Mahsa Amini, a woman who died after being arrested by the Islamic republic's "morality police", in Tehran, Iran September 19, 2022. Over 500 people including 71 minors were killed in the protests, hundreds injured and thousands arrested in unrest that was eventually crushed by security forces, rights groups said. In Amini’s birthplace in Iran's western province of Kurdistan, a rights activist said there was a "heavy presence of security forces". Social media postings said weekly protests were held in Zahedan on Friday with slogans including "Death or freedom". Authorities have accused the United States and Israel and their local agents of fomenting the unrest to destabilise Iran.

Persons: Mahsa, Hengaw, BIDEN, Joe Biden, Biden, Nasser Kanaani, Amini's, Safa Aeli, Saleh Nikbakht, Parisa Hafezi, Mark Heinrich, William Maclean Kevin Liffey, Alistair Bell Organizations: West Asia News Agency, REUTERS, Rights, Social, Reuters, Iran's Foreign Ministry, Amnesty International, Security, Thomson Locations: Tehran, Iran, WANA, Rights DUBAI, Mahsa, Iran's, Kurdistan, Norway, Saqez, Zahedan, United States, Israel, Britain, Dubai

☆ What has changed in Iran one year since Mahsa Amini protests erupted?
▼ + stars: | 2023-09-11 | by ( Parisa Hafezi | ) www.reuters.com time to read: +5 min

A photo of Mahsa Amini is pictured at a condolence meeting organised by students and activists from Delhi University in support of anti-regime protests in Iran following the death of Mahsa Amini, in New Delhi, India, September 26, 2022. Protests began soon after the Sept. 16 death of Kurdish Iranian woman Mahsa Amini, 22, who had been arrested by morality police three days earlier for allegedly violating Iran's mandatory Islamic dress code. But as the protests fizzled they returned to streets and surveillance cameras were installed to identify and penalise unveiled women. Outside Iran, Western countries imposed new sanctions on security forces and on dozens of Iranian officials over the protests, further straining already difficult ties. Journalists, lawyers, activists, students, academics, artists, public figures and family members of killed protesters, especially among ethnic minorities, have been targeted in recent weeks.

Persons: Mahsa, Anushree, Mahsa Amini, Saqez, Amini's, Ayatollah Ali Khamenei, Amini, penalise, Parisa Hafezi, Angus McDowall, William Maclean Organizations: Delhi University, REUTERS, Rights, schoolgirls, Authorities, Security, Revolutionary Guards, Journalists, Thomson Locations: Iran, New Delhi, India, Rights DUBAI, Tehran ., Islamic Republic, Baluchis, U.S, Israel

Aziz Umerov looks at a portrait of his sister Leniye Umerova, a Ukrainian from Russian-annexed Crimea arrested in Russia, amid Russia's attack on Ukraine, in Kyiv, Ukraine August 11, 2023. A Reuters review of Rudenko's social media account on Telegram didn't find any messages critical of the war. Russia's top investigative body, the Investigative Committee, the Interior Ministry and the Prosecutor General's Office didn't respond to requests for comment on the phenomenon of carousel arrests or individual cases. A Reuters review of Russian court records identified seven cases of carousel arrests this year, with the suspects involved arrested and jailed between two and five times in succession. Not all "carousel" arrests lead to more serious criminal charges, and for some detainees, time spent behind bars is frightening enough.

Persons: Aziz Umerov, Leniye Umerova, Gleb Garanich, Rudenko's, Yulia Kiselyova, he'd, Kiselyova, Ivan Vtorushin, Valeriya, Ilya Yashin, Vladimir Putin, Putin, Alexei Navalny, Lauren McCarthy, McCarthy, Gevorg, Dmitry Golovlyov, Aleksanyan, Rudenko, Mike Collett, White Organizations: REUTERS, Reuters, Russian, Investigative, Interior Ministry, First Department, PUTIN, WHO, University of Massachusetts Amherst, Federal Security Service, of Russia Legion, Russia Legion, Thomson Locations: Russian, Crimea, Russia, Ukraine, Kyiv, Moscow, Bucha, Rudenko, Crimean Tatars, Ukrainian

☆ Ukraine arrested the oligarch who owns the TV station that aired Volodymyr Zelenskyy's show before he became president
▼ + stars: | 2023-09-03 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Ukraine has detained Ihor Kolomoisky, a prominent oligarch, as part of an anti-corruption drive. Kolomoisky owns the TV station that showed Volodymyr Zelenskyy's "Servant of the People." The country's security service said on its Telegram channel that oligarch Ihor Kolomoisky would be held in custody for two months on fraud and money laundering charges. AdvertisementAdvertisementUkrainian oligarch Ihor Kolomoisky appeared in court on Saturday. Kolomoisky owns the TV station 1+1 that broadcast "Servant of the People," in which Zelenskyy played a comedian who becomes president.

Persons: Ihor Kolomoisky, Kolomoisky, Volodymyr Zelenskyy's, Volodymyr Zelenskyy, Forbes, Vladyslav Musiienko, Reuters Zelensky, Zelenskyy, they'd, oligarch, Petro Poroshenko Organizations: Reuters, BBC News, Kyiv International Institute of Sociology Locations: Ukraine, Russia, Kolomoisky

☆ A Crackdown on Free Speech in One of the Freer Corners of the Mideast
▼ + stars: | 2023-09-02 | by ( Aaron Boxerman | ) www.nytimes.com time to read: +1 min

The lavish wedding of Jordan’s crown prince this spring was breathlessly anticipated for months in the kingdom’s state media, and when it arrived, it did not disappoint. After days of public festivities, celebrities and royalty decked out in designer clothing swanned about an opulent palace. Then in July, the Jordanian authorities blocked AlHudood — Arabic for “The Boundaries” — making it the latest casualty in an escalating clampdown on free speech. But for a decade, the site had carefully navigated the red lines of what could and could not be published in the kingdom. Isam Uraiqat, the founder of AlHudood who now lives in London, said the ostentatious display of wealth in a country with widespread poverty made it an irresistible target for satire.

Persons: Jordan’s, yank, Isam Uraiqat, AlHudood Locations: London

☆ China online platforms scrap lucky draw features amid gambling crackdown
▼ + stars: | 2023-08-25 | by ( Josh Ye | ) www.reuters.com time to read: +4 min

Analysts say online content platforms pulled the plug on features such as virtual lucky draws after the government in June started cracking down on live streaming, as part of a wider clampdown on online gambling. While the platforms say they ban gambling, analysts say the extremely popular lucky draws are often manipulated by live streamers colluding with viewers to share the prize. None of these companies mentioned the gambling crackdown when they reported their earnings, and they did not respond to request for further comment. However, the co-founder of a popular live streaming platform in Guangzhou, who declined to be named citing the sensitivity of the topic, told Reuters that several popular live streaming and live chat apps had to suspend services after police probes. Online gambling remains a concern, with the authorities saying in 2020 that the cross-border flow of funds for gambling posed a national security risk.

Persons: Florence Lo, HONG KONG, Analysys, Ivan Su, Huya, Charlie Chai, Tencent, Chai, Josh Ye, Farah, Brenda Goh Organizations: Entertainment, QQ, REUTERS, Tencent, HK, Morningstar, Cloud, NetEase, Reuters, Thomson Locations: HONG, Guangzhou, Beijing

☆ Sorry to report: Netflix's password-sharing crackdown has been very successful in adding new subscribers
▼ + stars: | 2023-08-23 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +3 min

Netflix's password-sharing crackdown has been a huge success. New data from Antenna shows a big spike in new subscribers in May, June, and July. AdvertisementAdvertisementThis could come as unwelcome news, but it's becoming clear that Netflix's password-sharing crackdown has been a resounding success. In Antenna's new research, the firm also found enthusiasm among new subscribers for Netflix's cheaper ad-supported tier, which costs $7 per month. It seems that Netflix's two biggest recent changes, its ad tier and password-sharing crackdown, are both paying off in a major way for the streaming service.

Persons: wouldn't, Doug Anmuth, Insider's Matthew Fox, Anmuth Organizations: Netflix

☆ Saudi binge is fiscal free kick for European clubs
▼ + stars: | 2023-08-18 | by ( Streisand Neto | ) www.reuters.com time to read: +3 min

The Saudi binge may help European teams raise funds and meet tough new financial rules. The Roshn Saudi League is a top scorer in the football transfer market. UEFA, the governing body for European football, has introduced new rules limiting clubs’ spending on wages, transfers and agent fees to 70% of revenue. European clubs should take the money before the referee's whistle blows. Saudi clubs have spent over 550 million euros buying players from European clubs in the 2023/2024 transfer season, according to Transfermarkt.

Persons: Al Hilal's, Neymar, Fahd bin Saad Al, Neymar da Silva Santos Júnior, Germain, Rúben Neves, Prince Mohammed bin Salman, Len Blavatnik, China’s, Oscar, Marouane, Hilal, Cristiano Ronaldo, Karim Benzema, Neil Unmack, Thomas Shum, Pranav Kiran Organizations: Soccer, Al, Saudi Pro League, REUTERS Acquire, Reuters, Paris Saint, Saudi, Saudi Public Investment Fund, Britain’s Premier League, Premier League, Deloitte’s Sports Business, UEFA, Deloitte, Reuters Graphics Reuters, Bloomberg, BBC, Thomson Locations: Al Hilal, Paris, France, Saudi, Hilal, Saudi League, Al, Ittihad, Saudi Arabia, Riyadh, Kingdom, Saudi Arabian

☆ It's peak petty season for tech bros right now
▼ + stars: | 2023-08-16 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Pettiness is the order of the day for prominent tech bros.Elon Musk, Mark Zuckerberg, and others are behaving similarly amid their rivalries with each other. It comes at an awkward moment: petty season has come straight after layoff season. Whatever the case, it's got tech bros stooping to new depths of pettiness. Musk's response, in peak petty fashion, was to suggest that he'd rock up at Zuck's home in Palo Alto and fight him there. Tens of thousands of tech workers have been laid off in recent months amid claims that they need to get serious.

Persons: Pettiness, Elon Musk, Mark Zuckerberg, it's, Dana White, Zuck, Satya Nadella, Microsoft's, OpenAI, Nadella, Jack Dorsey, Jeff Bezos Organizations: bros, Morning, New York Times, Facebook, Washington Post, UFC, Tech bros Locations: Silicon Valley, Musk's, Palo Alto, Zuck

☆ Deputy Treasury Secretary weighs in on Biden's clampdown on investment in Chinese tech
▼ + stars: | 2023-08-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeputy Treasury Secretary weighs in on Biden's clampdown on investment in Chinese techDeputy Treasury Secretary Wally Adeyemo joins 'Squawk on the Street' to discuss the U.S. executive order to restrict investment in China, whether diplomatic excursions are now more complex, and more.

Persons: Wally Adeyemo Locations: China

France has used an anti-terrorism unit to question some climate activists, the police confirmed to Reuters. Britain’s National Police Chiefs’ Council did not immediately respond to a request for comment and its interior ministry did not comment. Germany does not have a national policy targeting climate activists, who the government considers mainly non-extremist, a spokesperson for the country’s interior ministry said. "Climate protesters can perhaps be locked away, but the climate catastrophe will come anyway," Lachner said after being convicted in Berlin in July for glueing incidents last year and fined 2,700 euros. In the January newspaper interview, the local office of the interior ministry confirmed both devices had been installed.

Persons: Yves Herman, Simon Lachner, he'd, “ radicalisation ”, Lachner’s, Lachner, Regensberg, Lafarge Holcim, SLT, Julien Le Guet, Le Guet, Pascale Leglise, Riham Alkousaa, Juliette Jabkhiro, Andrew MacAskill, William James, Katy Daigle, Frank Jack Daniel Our Organizations: REUTERS, GPS, Bavaria, Reuters, Britain’s National Police Chiefs ’, Los, Prosecutors, Bavarian, Berlin, Military, National Commission, Control, Thomson Locations: France, Sainte, Soline, BERLIN, Lachner, Britain, Germany, Berlin, Europe, Los Angeles, Brandenburg, Bavaria, Bavarian, Regensberg, French, Deux, Sevres, Nouvelle Aquitaine, SLT, Paris, London

☆ Disney+ is increasing its price (again) and gearing up for a crackdown on the 'significant' number of people sharing passwords
▼ + stars: | 2023-08-09 | by ( Grace Kay | Lucia Moses | ) www.businessinsider.com time to read: +2 min

Disney CEO Bob Iger said the company already has tools to track password-sharing. The company also announced another round of price increases for ad-free Disney+ and Hulu plans. And Iger has said that Disney can make more money per user from ad-supported tiers than ad-free ones, as has Netflix. Disney raised prices for Disney+ by $3 per month last year. Iger noted in May that Disney saw a "relatively small" loss of subscribers as a result of the price increase.

Persons: Bob Iger, We're, Doug Anmuth, Iger Organizations: Disney, Morning, Netflix, Hulu

☆ How U.S. microchips are fueling Russia's military — despite sanctions
▼ + stars: | 2023-08-07 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +8 min

Murky supply chainsNot all advanced technologies are subject to Western sanctions on Russia. So, a Russian military, as well as its civilian economy, have become dependent," Sam Bendett, advisor at the Center for Naval Analyses, said. Meanwhile, sanctions on Russia are largely limited to Ukraine's Western allies, meaning that many countries continue to trade with Russia. And this is what the Russian industry as well as the Russian military and its intelligence services are taking advantage of," Bendett said. Sanctions clampdownThe burgeoning trade flows have prompted calls from Western allies to either get more countries on board with sanctions, or slap secondary sanctions on certain entities operating within those countries in a bid to stifle Russia's military strength.

Persons: Elina Ribakova, KSE, Sam Bendett, spokespeople, Bendett, Sellers Organizations: CNBC, Semiconductors, Peterson Institute for International Economics, KSE Institute, Kyiv School, Economics, United Arab, Moscow, Royal United Services Institute, U.S ., Center for Naval, Russian, Economic Security, of, CNBC Exports, Union, Russian Federation, European Union, Peterson Institute for International Locations: Russia, Moscow, China, Turkey, United Arab Emirates, Ukraine, Russia's, U.S, Japan, Germany, Russian, microchips, Hong Kong, of Ukraine, Caucasus, Central Asia, Georgia, Armenia, Kyrgyzstan

☆ Analysis: US institutional investors could face restrictions on Chinese stock ownership
▼ + stars: | 2023-08-04 | by ( Ross Kerber | ) www.reuters.com time to read: +5 min

Chinese companies including Tencent (0700.HK) and Alibaba (9988.HK) accounted for 31% of the MSCI Emerging Markets index (.MSCIEF) in July. RED-FLAGGED COMPANIESMSCI and rivals removed seven Chinese companies from global indexes in 2020 because of U.S. ownership restrictions. The committee's letters this week cited contractors to China's People's Liberation Army it identified in BlackRock funds or MSCI indexes. Some of the companies have been flagged such as appearing on the U.S. Treasury's "Chinese Military-Industrial Complex" companies list. For companies on it, U.S. persons and asset managers face purchase and sale restrictions but not divestment requirements.

Persons: Tingshu Wang, Biden, Jo Ritcey, Donohue, there’ll, BlackRock, MSCI, RUSH, Mike Gallagher, Gallagher, Todd Rosenbluth, Rosenbluth, Russell, Ross Kerber, Karin Strohecker, Michael Martina, Patricia Zengerle, Selena Li, Megan Davies, Cynthia Osterman Organizations: Waterdrop Inc, New York Stock Exchange, REUTERS, U.S, BlackRock, Washington, Chinese Communist Party, HK, Vanguard FTSE, Vanguard, FTSE Russell, People's, Ritcey, Department of, Thomson Locations: U.S, New, Beijing, China, BlackRock, Washington, Taiwan, Ukraine, MSCI, Boston, London, Hong Kong

☆ The 1975: Malaysia's LGBTQ community slams Matty Healy's onstage kiss
▼ + stars: | 2023-07-25 | by ( Jessie Yeung | ) edition.cnn.com time to read: +9 min

But for many in Malaysia’s LGBTQ community, it was quite the opposite. Advocates say Islamic laws have increasingly used to target the Southeast Asian country’s LGBTQ community, with a rise in arrests and punishments ranging from caning to jailing. Participants in a Womens Day March asking for greater rights in gender equality and recognition of the LGBTQ community in Kuala Lumpur, Malaysia on March 12, 2023. Just last year, Rose had helped organize a Halloween party attended by many members of the LGBTQ community – which was raided by the police, who detained a number of participants, she said. That’s not to say international musicians can’t speak up about LGBTQ rights in Malaysia.

Persons: Matty Healy, Ross MacDonald, Healy’s, Healy, MacDonald, ”, Carmen Rose, “, he’s, Thilaga Sulathireh, Rose, Zahim Mohd, NurPhoto, Sulathireh, That’s, can’t, Talitha Tan, “ Malaysia’s, ” Rose, Selena Gomez Organizations: CNN, ” CNN, Sisters, Womens, Coldplay, Malaysian Islamic Locations: British, Malaysia, Kuala, Kuala Lumpur, Malaysian, Indonesia, Taiwan, Jakarta, Taipei, ”, Rose, Asia

☆ Kim Kardashian's Skims may be the hero the IPO market needs
▼ + stars: | 2023-07-20 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

This latest round was led by Wellington Management, a firm known for taking companies public. Jens Grede, Skim’s CEO, recently told Dealbook that stock investors have shown an increased interest in consumer-oriented businesses like Skims and that an IPO is something the company wants. “At some point in the future, Skims deserves to be a public company,” he said. If a Skims IPO were to succeed, “companies, CFOs and investors in general will see this as a very positive sign,” said Sokhi. Netflix posted nearly $8.19 billion in revenue for the quarter, compared to the $8.3 billion Wall Street had projected.

Persons: Kim Kardashian, Goldman Sachs, ”, David Solomon, Ro Sokhi, Cava, “ There’s, Skims, Andy Muir, Jens Grede, Megan Penick, Robinson, Kardashian, we’re, “, ” Adam Hodge, Volodymyr Zelensky, Russia “, Tesla, Chris Isidore, Refinitiv, Clare Duffy, Samantha Delouya Organizations: CNN Business, Bell, New York CNN, Wellington Management, Nike, US National Security Council, Russian Defense Ministry, Wednesday, Netflix Locations: New York, Cava, Skims, Russia, Ukraine, Europe, Odesa’s

☆ Netflix earnings report: The 5 biggest takeaways
▼ + stars: | 2023-07-19 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

CNN —Hollywood is in a state of absolute agony, but Netflix had some reason to celebrate on Wednesday, with the streaming giant releasing a smash earnings report after implementing its long-anticipated plans to clamp down on password sharing. Here are some of the key highlights:►Adds 5.9 million subs: Heading into the earnings report, investors were curious how much the company’s crackdown on password sharing would boost subscriber growth. Netflix added 5.9 million subscribers in the quarter — just one year after it had lost nearly a million subscribers. Expect Netflix, which now boasts 238 million global subscribers, to keep benefiting from this password sharing clampdown. “And we very much hoped to reach an agreement by now.”► Goodbye, $9.99 ad-free plan: Ahead of the earnings, Netflix axed its cheapest ad-free option in the US and the UK.

Persons: ’, Ted Sarandos, ” Sarandos Organizations: CNN, Hollywood, Netflix

HONG KONG, July 19 (Reuters) - China's appointment of a top intelligence official to run Hong Kong's national security regime underscores its determination to tighten its grip on the financial hub, according to diplomats and analysts. Dong will bolster security oversight of Hong Kong, rocked for months in 2019 by pro-democracy protests that posed a crisis for Beijing's Communist Party leadership. Under the security law, China's national security office has sweeping investigative and surveillance powers, and enjoys immunity from city laws. Dong's appointment comes as Hong Kong prepares to bolster its national security regimen with a new law, called Article 23, that Hong Kong officials say will encompass espionage and treason among other offences not covered in the 2020 legislation. Additional reporting by Hong Kong newsroom and Yew Lun Tian in Beijing; editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.

Persons: Dong Jingwei, Dong, Xi Jinping's, Tian, Robert Birsel Organizations: Hong, Beijing's Communist Party, Ministry of State Security, U.S, Hong Kong, Thomson Locations: HONG KONG, British, Beijing, Hong Kong, China, United States, Britain, Australia

HONG KONG, July 10 (Reuters) - Alibaba Group (9988.HK) and Tencent (0700.HK) shares rose in Hong Kong on Monday after China's $984 million fine against the Jack Ma-founded Ant Group appeared to signal the end of a regulatory crackdown on the country's technology sector. Alibaba's Hong Kong-listed shares were up nearly 4% by 0230 GMT on Monday, outpacing a 1.3% gain for the broader market (.HSI), while Tencent's shares were up 1%. ANT GROUP VALUATION SLASHEDAlibaba, which spun off Ant 11 years ago and has a 33% stake, said on Sunday it was considering whether to participate in the buyback. Alibaba's U.S.-listed shares rose 8% on Friday after the penalty, one of the largest-ever fines for an internet company in China, was delivered. ($1 = 7.2310 Chinese yuan renminbi)Reporting by Scott Murdoch in Sydney and Donny Kwok in Hong Kong; Editing by Anne Marie Roantree, Muralikumar Anantharaman and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: Jack Ma, Ant, Dickie Wong, Oshadhi Kumarasiri, Scott Murdoch, Donny Kwok, Anne Marie Roantree, Muralikumar Anantharaman, Jamie Freed Organizations: Alibaba, HK, Ant, People's Bank of China, Kingston Securities, Thomson Locations: HONG KONG, Hong Kong, Beijing, Alibaba's U.S, China, Sydney

☆ Ant Group valuation: Jack Ma's speech cost Chinese company about $230 billion
▼ + stars: | 2023-07-10 | by ( Laura He | ) edition.cnn.com time to read: +4 min

The company was co-founded by Jack Ma, as was e-commerce giant Alibaba Group (BABA). On Friday, Chinese financial regulators fined Ant and its subsidiaries a total of 7.1 billion yuan ($984 million) for breaking rules related to consumer protection and corporate governance. The fines mean the regulatory “overhang” over the Chinese internet sector has finally been removed, Jefferies analysts said Saturday. Chinese tech shares rallied Monday, with Alibaba rising 3.2% and Tencent gaining 0.7%. Friday’s fines mark the conclusion of the regulatory crackdown on Ant and could pave the way for the company to revive its long-anticipated IPO, according to analysts.

Persons: Jack Ma, Didi, Meituan, Ant, ”, Alibaba, Ma, ” Ma Organizations: Hong Kong CNN — Ant, Alibaba, CNN, Jefferies, Saudi Aramco, Bund Financial Locations: Hong Kong, China, Shanghai, Saudi, Beijing

☆ Zimbabwean court upholds opposition campaign launch ban
▼ + stars: | 2023-07-09 | by ( ) www.reuters.com time to read: +1 min

BINDURA, Zimbabwe, July 9 (Reuters) - A Zimbabwean court on Sunday upheld a ban on the planned campaign launch by main opposition party Citizens Coalition for Change (CCC), the third of its rallies to be banned as its leader Nelson Chamisa face hurdles on his campaign trail. CCC was scheduled to hold its campaign launch on Sunday in Bindura, about 100 km (62 miles) north of the capital Harare, but police banned the gathering citing problems with the venue. Bindura Magistrate Mary Musika then upheld the ban, saying CCC had failed to notify the police on time. A handful of opposition supporters chanted party slogans as they protested outside the court, adding they were not free to support their party. "It is disheartening because ZANU PF is allowed to campaign freely but they are using the law to block our rallies.

Persons: Nelson Chamisa, Mary Musika, Agency Gumbo, Patience Chigwande, Emmerson Mnangagwa, Nyasha Chingono, Olivia Kumwenda, David Holmes Organizations: Coalition, CCC, Agency, ZANU, ZANU PF, Reuters, Political, Thomson Locations: BINDURA, Zimbabwe, Bindura, Harare

☆ Chief of Russia’s Yandex faces court case for ‘LGBT propaganda'
▼ + stars: | 2023-07-05 | by ( Lucy Papachristou | ) www.reuters.com time to read: +3 min

[1/2] The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. REUTERS/Evgenia Novozhenina/File PhotoJuly 5 (Reuters) - The chief executive of Nasdaq-listed internet company Yandex faces prosecution in a Russian court for alleged offences under the country’s so-called “LGBT propaganda” law, a notice on the court's website said on Wednesday. When contacted by Reuters, Yandex said it would appeal any court finding against its CEO. The court website gave no specific details of what alleged offences Savinovsky was being prosecuted for beyond that they relate to "LGBT propaganda". Last month a court fined the company 2 million roubles ($24,242) for repeatedly refusing to provide Russia’s security services with information about its users.

Persons: Evgenia, Artem Savinovsky, Yandex, Savinovsky, Vladimir Putin, Putin, Yandex's, Bridget Jones ’, ” Kinopoisk, Russia’s, Elena Bunina, Lucy Papachristou, David Holmes Organizations: REUTERS, Nasdaq, Yandex, Reuters, State Duma, Novaya Gazeta, Kommersant, Thomson Locations: Moscow, Russia, British, Ukraine

☆ Bank of England considers clampdown on foreign bank branches- FT
▼ + stars: | 2023-07-04 | by ( ) www.reuters.com time to read: +1 min

July 4 (Reuters) - The Bank of England is looking at plans to force more international banks to set up subsidiaries in the UK, The Financial Times reported on Tuesday. The BOE is considering the plan as a part of a review of the collapse earlier this year of U.S. bank Silicon Valley Bank, the newspaper reported, citing people familiar. The move could reduce the thresholds requiring foreign banks with corporate business in the country to set up subsidiaries, the paper said. Nathanael Benjamin, the BOE's executive director for authorizations and international banks on Monday said the central bank will reflect on the threshold for a foreign bank branch to become a subsidiary. Following the collapse of its parent company in the United States, Silicon Valley Bank's UK arm was sold to HSBC (HSBA.L) in March to avoid disrupting its customers in Britain.

Persons: BOE, SVB, Nathanael Benjamin, Chandni Shah, Josie Kao, Andrea Ricci Organizations: Bank of England, The Financial Times, Valley Bank, HSBC, The Bank of England, Thomson Locations: U.S, London, United States, Silicon Valley, Britain, Bengaluru

☆ Explainer: Israel's attack on Jenin: Why now and what for?
▼ + stars: | 2023-07-04 | by ( ) www.reuters.com time to read: +6 min

Here is what you need to know about Jenin:WHY IS ISRAEL ATTACKING JENIN? Since March 2022, Jenin and outlying areas in the north of the Israeli-occupied West Bank have drawn intensified raids ordered by Israel's nationalist-religious government after a spate of Palestinian street attacks. The Jenin camp has long been a hotbed of militants with an array of light weapons and a growing arsenal of explosive devices. This harsh heritage generates die-hard hostility to Israel and support for Palestinian militant groups. Israel annexed East Jerusalem in a move not recognised internationally, and launched settlements in the West Bank and Gaza.

Persons: Israel, Mahmoud Abbas, Fatah, Abbas, Dan Williams, Mark Heinrich Our Organizations: West Bank, Bank, Israel's, Seven, Palestinian, Reuters, Israel, Hamas, Islamic, Militant, Palestinian Authority, Thomson Locations: Israel, Jenin, Palestinian, JENIN, Last, U.S, Gaza, Iran, East Jerusalem, Jordan, Egypt, Jerusalem

☆ US threat gives ASML new headache on China exports
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +2 min

BRUSSELS, June 30 (Reuters Breakingviews) - ASML (ASML.AS) now has to look to Washington, not its home government in The Hague, to determine which of its top-class chip-making machines it can still sell to Chinese companies. The Dutch government on Friday moved to restrict sales by the $294 billion semiconductor giant of EUV and certain types of its DUV lithography machines. That gives Biden reach over not only Dutch firms but also suppliers like Germany’s Trumpf and Zeiss, which make lasers and lenses respectively. ASML said Friday's Dutch announcement won’t have a material impact on its bottom line. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Joe Biden, Biden, ASML, Rebecca Christie, ’, crouch, George Hay, Pranav Kiran Organizations: Reuters, China’s, HK, Zeiss, Union, Twitter, Thomson Locations: BRUSSELS, Washington, The Hague, U.S, Netherlands, Japan, Brussels

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