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☆ Twitter threatens to sue hate-speech watchdog group
▼ + stars: | 2023-07-31 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

In a July 20 letter shared publicly Monday, Twitter threatened to sue the Center for Countering Digital Hate, accusing the group of a campaign to hurt Twitter by driving away its advertisers. The CCDH has published numerous reports about various social media companies’ approach to everything from vaccine misinformation to online racism and antisemitism. Since taking over Twitter, Musk has slashed roughly 80% of the company’s staff, including many working on the platform’s content moderation teams. Threatening lawsuits has become a favored tactic for Musk as Twitter faces continued pressure. Earlier this month, Twitter threatened to sue Facebook-parent Meta over the launch of its competing app, Threads, accusing the company of copying Twitter’s product through trade secret theft.

Persons: DC CNN — Elon Musk, “, Twitter, Alex Spiro, Musk, CCDH, Spiro, ” Spiro, Imran Ahmed, ”, Spiro didn’t, — Organizations: DC CNN, Twitter, Safety, Defamation League, Tufts University, University of Southern, Facebook, Microsoft Locations: Washington, University of Southern California, Redmond, Wash

Stablecoins are a type of cryptocurrency which aim to keep a constant value and are usually backed by traditional assets such as dollars. Tether's reserves report, signed off by accountants BDO Italia, says Tether's assets rose to $86.5 billion in the three months to June 30, 2023, up 5.7% from the previous quarter and a record high, according to previous reports on its website. Tether is a key cog in global digital asset trading, with many crypto-to-crypto trades denominated in the stablecoin. U.S. regulators have warned banks that stablecoin reserves could be subject to rapid outflows, for example if holders rushed to exchange such tokens back into traditional currency. Tether's holdings of U.S. Treasury Bills hit $55.8 billion, up 5.2% from the end of March, while non-U.S. Treasury Bills rose to $62.9 million, up more than 30% from the previous quarter, the report said.

Persons: Elizabeth Howcroft, Christina Fincher Organizations: BDO Italia, Treasury Bills, U.S . Treasury Bills, New York Attorney, Thomson Locations: . U.S, U.S

☆ White House recommends scaling back FBI authority under intelligence act
▼ + stars: | 2023-07-31 | by ( Steve Holland | ) www.reuters.com time to read: +2 min

WASHINGTON, July 31 (Reuters) - A White House review on Monday recommended that the FBI's ability to conduct non-national security queries under a controversial surveillance law be removed as part of reforms aimed at getting the law reauthorized. The Foreign Intelligence Surveillance Act's Section 702 permits the U.S. government to collect digital communications of foreigners located outside the United States. "If Congress fails to reauthorize Section 702, history may judge the lapse of Section 702 authorities as one of the worst intelligence failures of our time," concluded the review, which was conducted for the White House by the president's Intelligence Advisory Board. The review recommended that Attorney General Merrick Garland "remove FBI’s authority to conduct queries for evidence of a non-national security-related crime in its Section 702 data." "FBI’s use of Section 702 should be limited to foreign intelligence purposes only and FBI personnel should receive additional training on what foreign intelligence entails," the review said.

Persons: Donald Trump, Merrick Garland, Joe Biden's, Jake Sullivan, Jon, Steve Holland, Mark Porter, Deepa Babington Organizations: Foreign Intelligence, Republican, White, president's Intelligence, Department, FBI, Thomson Locations: United States

☆ BOJ flags broadening price, wage hikes in wake of policy tweak
▼ + stars: | 2023-07-31 | by ( Leika Kihara | ) www.reuters.com time to read: +2 min

Price hikes have spread rapidly among Japanese companies and sectors that had previously been cautious about passing on costs to households, the central bank said. "We must continue to scrutinise whether price hikes to pass on higher costs could broaden and last longer," the central bank said in a full version of its quarterly outlook report. Unlike the United States and Europe, however, Japan is still seeing inflation driven by higher goods prices rather than wage pressures, the BOJ said. The assessment of the price and wage outlook came after the central bank's decision on Friday to tweak its bond yield control policy and allow long-term interest rates to rise in line with inflation. The outlook for wages and inflation expectations is crucial to how quickly the BOJ could move towards dismantling its controversial bond yield control policy.

Persons: Leika Kihara, Kim Coghill, Sam Holmes Organizations: Bank of Japan, Thomson Locations: TOKYO, United States, Europe, Japan

☆ Teamsters blast bankruptcy-bound Yellow, cite $700 million Covid loan firm got from Trump White House
▼ + stars: | 2023-07-31 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Bankruptcy-bound trucking firm Yellow received a whopping $700 million in Covid pandemic relief loans three years ago after Trump administration officials pushed for it despite objections from the Defense Department. Yellow has repaid just $230 out of the $729.2 million in principal it still owes the U.S. Treasury for those loans, according to a government watchdog's report in May. The Teamsters Union, which represents Yellow workers, blasted the freight carrier in a statement Sunday and highlighted the Covid loans. The report said, "The loan's approval involved the intervention of top Trump Administration officials —potentially including the president," Donald Trump. "Secretary Mnuchin's communications confirm President Trump's interest in the loan approval," the subcommittee noted in a statement about the report.

Persons: Trump, Sean M O'Brien, Yellow, Donald Trump, Mark Meadows, Steven Mnuchin, Trump's Organizations: Defense Department, U.S . Treasury, Teamsters Union, Teamsters, CNBC, YRC, Trump Administration, Trump White House Locations: U.S

☆ Japan chip equipment supplier Disco to set up center in India - Nikkei
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: 1 min

Aug 1 (Reuters) - Japan's Disco Corp (6146.T) wants to establish a center in India to support its clients and serve as a base for marketing to the country's semiconductor industry, the Nikkei reported on Tuesday, citing a company executive. The chipmaking device supplier will consider opening an applications laboratory, which performs test cuts and other experimental processing at customer's request, in India, the report said. Plans for the lab will depend on how client companies are progressing in their Indian expansions, the Nikkei said. Reporting by Himanshi Akhand in BengaluruOur Standards: The Thomson Reuters Trust Principles.

Persons: Himanshi Organizations: Nikkei, Thomson Locations: India, Bengaluru

☆ Apple supplier Foxconn plans $500 mln component factories in India - Bloomberg News
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +1 min

July 31 (Reuters) - Apple's (AAPL.O) main supplier, Foxconn Technology Group (2317.TW), is planning to invest close to $500 million to build two component factories in India, Bloomberg News reported on Monday, citing people familiar with the matter. These factories will be built in the southern state of Karnataka and at least one of them will produce Apple parts, including for iPhones, the report said. Foxconn and Apple did not immediately respond to Reuters requests for comment. Karnataka has already approved investment to the tune of 80 billion rupees ($972.88 million) by a Foxconn unit in March, making it the third southern Indian state after Andhra Pradesh and Tamil Nadu to allow Foxconn plants. ($1 = 82.2300 Indian rupees)Reporting by Urvi Dugar and Chavi Mehta in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

Persons: Urvi Dugar, Chavi Mehta, Arun Koyyur Organizations: Foxconn Technology, Bloomberg, iPhones, Apple, Tamil, Thomson Locations: India, Karnataka, Andhra Pradesh, Tamil Nadu, China, Kancheepuram, Chennai, Bengaluru

☆ Workers at risk of AI radically changing their jobs aren't too worried about it
▼ + stars: | 2023-07-30 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

A Pew Research Center analysis highlights the degree to which jobs, industries, and workers might be exposed to AI. More exposure for jobs means AI "can either perform their most important activities entirely or help with them" per the report. This was used to figure out the degree in which different kinds of activities and jobs are exposed to artificial intelligence. Overall, almost a quarter of US workers were in the least exposed jobs in 2022 per the report. That's slightly higher than the 19% of workers in jobs that are considered most exposed to AI.

Persons: Rakesh Kochhar, Pew, Kochhar, Sam Altman, Jobs Organizations: Pew Research, Service, Pew Research Center, Pew, realtors, McKinsey Locations: Wall, Silicon

☆ Walmart buys out $1.4 billion Tiger Global stake in India's Flipkart, Wall Street Journal reports
▼ + stars: | 2023-07-30 | by ( ) www.reuters.com time to read: +1 min

July 30 (Reuters) - Walmart (WMT.N) has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday, citing a letter by the hedge-fund to its investors. Walmart, Flipkart and Tiger Global did not immediately respond to Reuters' request for comment. Earlier this year the Economics Times reported that private equity firms Accel and Tiger Global, two early backers of Flipkart, were in talks to sell their remaining stake in the company to Walmart. Tiger Global held about 4% of the company, according to the ET report. Walmart acquired a majority stake of 77% in Flipkart for about $16 billion in 2018, and later that year said it could take the company public in four years.

Persons: Japan's SoftBank, Yana Gaur, Kim Coghill, Chris Reese Organizations: Walmart, Tiger, Flipkart, Wall Street, Tiger Global, Reuters, Economics Times, Accel, Thomson Locations: U.S, Flipkart, Bengaluru

☆ China's electric car game amps up. One stock has doubled this year
▼ + stars: | 2023-07-30 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Just when Chinese electric car companies may be needing the cash, foreign automakers need the market — not only in China but globally. Volkswagen isn't faring much better in China's electric car market, with an average of just over 10,000 vehicles delivered each month in the first half of the year. China's homegrown electric car brands from BYD to Zeekr have piled into the local market, where Tesla still commands a hefty share. Li Auto was the only one of the three U.S.-listed Chinese electric car companies to have the healthiest reading above 1, according to a Wind Information screen for the first quarter. China's electric car market is set to grow by 27% this year to 8.7 million units — and remain the largest in the world in coming years, according to Bank of America Securities.

Persons: Tesla, Nio, Li Auto, Volkswagen's Organizations: Volkswagen, Everbright Securities, CNBC, Bank of America Securities, International Energy Agency Locations: China, Western Europe, Shanghai, BYD, Abu Dhabi, U.S

☆ Musk's X social media platform reinstates Kanye West's account
▼ + stars: | 2023-07-29 | by ( ) www.reuters.com time to read: +2 min

July 29 (Reuters) - Social media platform X reinstated account of Ye, the artist formerly known as Kanye West, on Saturday, after it was suspended nearly eight months ago because the rapper had violated the platform's rules prohibiting incitement to violence. Ye's account now shows his last post from Dec. 1, a day prior to when his account was suspended on platform X, the new name owner Elon Musk has given Twitter. Ye won't be eligible to monetize his account on X, and advertisements won't appear next to his posts, the Wall Street Journal reported on Saturday, citing the social media platform. The social media platform did not immediately respond to Reuters' request for comment. After Ye went on a string of antisemitic rants in interviews and on social media he lost his partnership with Adidas (ADSGn.DE) and Gap (GPS.N) for Yeezy products.

Persons: Ye, Elon Musk, David . X, Musk, Donald Trump's, Trump, Baranjot Kaur, Alistair Bell Organizations: Wall Street, Reuters, Twitter, Adidas, Thomson Locations: Bengaluru

☆ Saudi Arabia to host Ukraine talks early next month, Wall Street Journal reports
▼ + stars: | 2023-07-29 | by ( ) www.reuters.com time to read: +1 min

July 29 (Reuters) - Saudi Arabia is set to host talks in August about Ukraine, inviting Western states, Ukraine and major developing countries including India and Brazil, the Wall Street Journal reported on Saturday. Ukraine and Western officials hope that the talks, which exclude Russia, can lead to international backing for peace terms favoring Ukraine, it said. The Kremlin, which claims to have annexed around a sixth of Ukraine, has said it views peace talks with Ukraine as possible only if Kyiv accepts "new realities", a reference to its territorial claims. Kyiv says negotiations with Russia would be possible only after Moscow withdraws its troops. Reporting by Baranjot Kaur in Bengaluru Editing by Peter GraffOur Standards: The Thomson Reuters Trust Principles.

Persons: Jake Sullivan, Baranjot Kaur, Peter Graff Organizations: Wall Street, Kyiv, Moscow, U.S, Thomson Locations: Saudi Arabia, Ukraine, India, Brazil, Indonesia, Egypt, Mexico, Chile, Zambia, Jeddah, Russia, Copenhagen, Britain, South Africa, Poland, Bengaluru

☆ Ford is recalling 870,000 F-150 trucks after customers reported their brakes activated while driving
▼ + stars: | 2023-07-29 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Ford is recalling thousands of F-150 trucks over a potentially dangerous parking brake malfunction. At least 19 drivers said the parking brake activated while they were driving, the company said. Ford is recalling hundreds of thousands of its iconic F-150 trucks after customers reported malfunctions with the brakes. Some said the parking brake activated while they were driving their trucks, the Associated Press reported on Friday. There will be no charge for this service," the Recall Report said.

Persons: Ford, Ford's Organizations: Associated Press, Ford, National, Traffic Safety Administration Locations: North America

☆ Ukraine uses North Korean rockets to blast Russian forces -FT
▼ + stars: | 2023-07-29 | by ( ) www.reuters.com time to read: +1 min

July 29 (Reuters) - Ukrainian soldiers were observed using North Korean rockets that they said were seized by a "friendly" country before being delivered to Ukraine, the Financial Times reported on Saturday. The United States has accused North Korea of providing arms to Russia, including alleged shipments by sea, but has not offered proof and North Korean weapons have not been widely observed on the battlefields in Ukraine. North Korea and Russia deny conducting arms transactions. The North Korean weapons were shown by Ukrainian troops operating Soviet-era Grad multiple-launch rocket systems near the destroyed eastern city of Bakhmut, site of lengthy brutal fighting, the report said. During the visit, Shoigu was photographed viewing banned North Korean ballistic missiles with leader Kim Jong Un at a military expo in Pyongyang, signalling deeper ties between the two countries as they each face off with the United States.

Persons: Sergei Shoigu, Shoigu, Kim Jong, Josh Smith, Soo, hyang Choi, William Mallard Organizations: Financial Times, United, Russia's, Korean, Thomson Locations: Ukraine, United States, North Korea, Russia, Bakhmut, Pyongyang, Soviet Union

☆ Ukraine uses North Korean rockets to blast Russian forces, Financial Times reports
▼ + stars: | 2023-07-29 | by ( ) www.reuters.com time to read: +1 min

July 29 (Reuters) - Ukrainian soldiers were observed using North Korean rockets that they said were seized by a "friendly" country before being delivered to Ukraine, the Financial Times reported on Saturday. Ukraine's defence ministry suggested the arms were captured from the Russians, the newspaper said. The United States has accused North Korea of providing arms to Russia, including alleged shipments by sea, but has not offered proof and North Korean weapons have not been widely observed on the battlefields in Ukraine. North Korea and Russia deny conducting arms transactions. The North Korean weapons were shown by Ukrainian troops operating Soviet-era Grad multiple-launch rocket systems near the destroyed eastern city of Bakhmut, site of lengthy brutal fighting, the report said.

☆ Backup driver in 2018 Uber self-driving crash pleads guilty
▼ + stars: | 2023-07-28 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Companies Uber Technologies Inc FollowJuly 28 (Reuters) - The backup safety driver behind the wheel of a self-driving Uber Technologies (UBER.N) test vehicle that struck and killed a woman in Tempe, Arizona, in 2018 pleaded guilty on Friday and was sentenced to probation, prosecutors said. The first recorded death involving a self-driving vehicle prompted significant safety concerns about the nascent autonomous vehicle industry. Police said previously the crash was "entirely avoidable" and that Vasquez was streaming "The Voice" TV program at the time of the crash. In 2019, the National Transportation Safety Board (NTSB) faulted Vasquez's inactions and Uber for inadequate attention to safety and decisions in the company's autonomous vehicle development. In 2020, Uber announced the sale of its autonomous driving unit to self-driving car startup Aurora for $4 billion.

Persons: Rafaela Vasquez, Uber, Vasquez, Elaine Herzberg, Rachel Mitchell, Vasquez's inactions, Herzberg, David Shepardson, Jonathan Oatis, Richard Chang Organizations: Uber Technologies, Technologies, Prosecutors, Police, National Transportation Safety Board, NTSB, Volvo, Aurora, Thomson Locations: Tempe , Arizona, Maricopa County, Tempe

☆ A Groundbreaking Tardigrade Fossil Discovery Offers Clues to Our Past
▼ + stars: | 2023-07-28 | by ( Daniela Hernandez | ) www.wsj.com time to read: 1 min

The Brain Science of Aggression and Why Lashing Out Can Feel Good Nearly one in four people surveyed in Gallup's latest Global Emotions Report said they’d recently felt anger. WSJ’s Daniela Hernandez explains the neuroscience behind rage, the roles it plays in our lives and how we can keep it in check. Photo composite: David Fang

Persons: they’d, WSJ’s Daniela Hernandez, David Fang

☆ Trucking firm Yellow cuts jobs - WSJ
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +1 min

Companies Yellow Corp FollowJuly 28 (Reuters) - U.S. trucking firm Yellow (YELL.O) has laid off a large number of workers as the company copes with a cash crunch and weighs options including an imminent bankruptcy filing, people familiar with the actions told the Wall Street Journal on Friday. The third-biggest U.S. trucking company, which has been in ongoing negotiations with union of Teamsters-represented workers regarding worker benefits and pension accruals, averted a threatened strike on Sunday. WSJ had earlier reported that Yellow was preparing to file for bankruptcy. Yellow did not immediately respond to a Reuters request for comment. Reporting by Savyata Mishra in Bengaluru; Editing by Pooja DesaiOur Standards: The Thomson Reuters Trust Principles.

Persons: Savyata Mishra, Pooja Desai Organizations: Wall, U.S, Teamsters, Thomson Locations: U.S, Bengaluru

☆ A physicist says it's 'quite possible' a SpaceX launch punched a hole in parts of the Earth's atmosphere
▼ + stars: | 2023-07-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

A physicist says a SpaceX rocket may have punched a temporary hole in the ionosphere. A space physicist has said it's "quite possible" that a SpaceX rocket launched earlier this month made a hole in the Earth's ionosphere. The ionosphere is where Earth's atmosphere meets space and stretches roughly 50 to 400 miles above Earth's surface, Nasa said. A picture of the incident was captured by photographer Jeremy Perez on July 19 after SpaceX launched a Falcon 9 rocket from a base in California. In 2018, the outlet reported that another Falcon 9 launch caused a 560-mile-wide hole in the Earth's ionosphere that lasted for two to three hours.

Persons: Jeff Baumgardner, Jeremy Perez, Perez, Baumgardner Organizations: SpaceX, Boston University, Morning, Nasa, Arts Technica Locations: California

☆ FDIC launches sale of $18.5 billion of Signature Bank loans
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +1 min

July 28 (Reuters) - The U.S. Federal Deposit Insurance Corporation (FDIC) set in motion the sale of an $18.5 billion loan portfolio from Signature Bank this week, a set of loans linked to major private equity and investing firms, according to the regulator's website. The FDIC hired Newmark Group (NMRK.O) in March to sell about $60 billion of Signature Bank's loans, after state regulators decided to close down the failed lender amid a turmoil in regional banks earlier this year. The sale was launched on July 25 and is limited to FDIC-insured depository institutions, the Bloomberg report said. The notice reads that the loans for sale "consist of subscription credit facilities to private equity funds." Reporting by Pritam Biswas in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

Persons: Thoma, Newmark, Pritam Biswas, Arun Koyyur Organizations: U.S, Federal Deposit Insurance Corporation, Signature Bank, Starwood Capital Group, Carlyle Group, Blackstone, Thoma Bravo, Brookfield Asset Management, Bloomberg, FDIC, Newmark Group, Thomson Locations: Bengaluru

Djamani was sentenced to the mandatory death penalty in 2018 after being convicted of possessing 31 grams of heroin. Djamani is the first woman to be hanged in Singapore since hairdresser Yen May Woen, 36, in 2004, who was also convicted of drug trafficking. Criminal lawyer Joshua Tong said those convicted of drug trafficking were usually men, but he had seen “his fair share” of women drug offenders. We demand an immediate moratorium on the use of the death penalty,” the group wrote on X, formerly known as Twitter. The case put Singapore’s zero-tolerance drug laws back under scrutiny, with rights advocates arguing the mandatory death penalty for drug trafficking is an inhumane punishment.

Persons: Saridewi, Djamani, Yen, Woen, ”, Celia Ouellette, “, ” Adilur Rahman Khan, Chiara Sangiorgio, Joshua Tong, Tong, Mohd Aziz bin Hussain, Kirsten Han, “ TJC, Suppiah, Dharmalingam Organizations: CNN, Singapore, Central Narcotics Bureau, Business Initiative for Justice, International Federation for Human Rights, Ministry of Home Affairs, Twitter, United Nations Office, Drugs Locations: Changi, Singapore, “ Singapore, France, Asia, East, Southeast Asia

☆ Tesla was so swamped with complaints about driving ranges that it created a secret team to cancel owners' service appointments, source says
▼ + stars: | 2023-07-27 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Tesla exaggerated the driving range of its vehicles for years, Reuters reported. To suppress complaints, the EV maker created a secret team to cancel appointments, per the report. Tesla exaggerated the driving range of its EVs for years, an investigation from Reuters has found. The report, which cited a source familiar with an early design of Tesla software, said the EV maker rigged the range-estimating software on the cars' dashboards. As a result, the company was inundated with complaints and service appointments from drivers who expected a longer driving range, several sources told Reuters.

Persons: Tesla, Elon Musk Organizations: Reuters, Tesla's Locations: Las Vegas

☆ The UK exempted some Russian oligarchs from sanctions, allowing them to pay for private chefs, report says
▼ + stars: | 2023-07-27 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

But many of them are allowed to spend a fortune on living expenses, The New York Times reported. One tycoon had permission to pay 19 members of staff, including private chefs, the report said. Last year, officials granted at least 82 exemptions — known as licenses — to oligarchs who were affected by UK sanctions imposed as a result of Russia's invasion of Ukraine, the report said. A big chunk of that money went into a security company that has been under investigation for likely helping Aven evade sanctions, The Times reported, citing court records. A spokesperson for the UK Treasury told The Times that licenses to allow payments for "basic needs" are "strictly monitored."

Persons: Mikhail Fridman, Fridman, Pavel Golovkin, Petr Aven, Vladimir Putin, Aven, Oleg Tinkov, Putin Organizations: New York Times, Service, The Times, EU, Bloomberg, Treasury, Times, Alfa Locations: Wall, Silicon, Ukraine, London, British, Russian, Moscow, Russia

☆ China VC slump is set to drag Asia-Pacific fundraising down to a decade low
▼ + stars: | 2023-07-27 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Jason Lee | ReutersBEIJING — China-focused venture capital and other private investment funds have had a slow start to the year and are set to drag down Asia-Pacific fundraising to the lowest in 10 years. Alternative assets include venture capital, but not publicly traded stocks and bonds. watch nowChina-focused venture capital funds raised $2.7 billion in the second quarter, a drop of more than 50% from the first quarter, Preqin said. That dragged down overall VC fundraising in Asia-Pacific to $4.5 billion in the second quarter, the lowest in at least five years, the report said. In China, new rules for private investment funds are set to take effect Sept. 1, with a stated goal of "guiding" venture capital investment for long-term investment in "innovative startups."

Persons: Jason Lee, Angela Lai, Preqin, Andrew J, Sherman, Brown Rudnick, Lai Organizations: Reuters, U.S, D.C, CNBC, Partners Locations: Reuters BEIJING — China, Asia, Pacific, Preqin, China, U.S, Sherman , Washington, India, Japan

WASHINGTON, July 27 (Reuters) - China is helping Russia evade Western sanctions and likely providing Moscow with military and dual-use technology for use in Ukraine, according to an unclassified U.S. intelligence report released on Thursday. China has repeatedly denied sending military equipment to Russia since Moscow's all-out invasion of Ukraine in February 2022. "The PRC is providing some dual-use technology that Moscow's military uses to continue the war in Ukraine, despite an international cordon of sanctions and export controls," the ODNI report said. China has increased it importation of Russia energy exports, including oil and gas rerouted from Europe, the report said. U.S. officials have previously raised concern about transfers of "dual-use equipment" from China to Russia.

Persons: ODNI, Emmanuel Macron's, Emmanuel Bonne, Kanishka Singh, Michael Martina, Caitlin Webber, Daniel Wallis Organizations: National Intelligence, U.S . House, Intelligence, Russian Government, States Government, Thomson Locations: China, Russia, Moscow, Ukraine, China's, Europe, Beijing, U.S, Washington

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