DIRS.INFO The most relevant business & tech news

[1/5] Honoree Dionne Warwick and her family attend the 46th Kennedy Center Honors gala at the Kennedy Center in Washington, U.S., December 3, 2023. REUTERS/Julia Nikhinson Acquire Licensing RightsWASHINGTON, Dec 3 (Reuters) - Washington celebrated singer Dionne Warwick, comedian Billy Crystal, Bee Gees member Barry Gibb, rapper and actress Queen Latifah, and opera star Renée Fleming on Sunday at the Kennedy Center Honors, the top U.S. honor for achievements in the arts. "There simply is no song that Dionne Warwick cannot sing," said record producer Clive Davis, adding that she had "inspired musicians all over the world." Crystal, 75, known for roles in films such as "When Harry Met Sally," "City Slickers," and "Analyze This," was next up. Opera singer J'Nai Bridges said ahead of the show that Fleming had helped make opera more mainstream.

Persons: Dionne Warwick, Julia Nikhinson, Billy Crystal, Bee, Barry Gibb, Queen Latifah, Renée Fleming, Joe Biden, Gladys Knight, Elton John, Stevie Wonder, Clive Davis, Singer Cynthia Erivo, Alfie, Harry Met Sally, Meg Ryan, Robert De Niro, De Niro, Biden, Tony, Whoopi Goldberg, Crystal, Oscar, Kerry Washington, Tituss Burgess, Christine Baranski, Susan Graham, Fleming, Sigourney Weaver, Fleming's, J'Nai Bridges, Gibb, Robin, Maurice, Michael Bublé, Ben Platt, Jeff Mason, Jasper Ward, Gerry Doyle Organizations: Kennedy Center, REUTERS, Rights, Washington, Kennedy, White, Broadway, Bee, Big Town, U.S, CBS, Thomson Locations: Washington , U.S, Warwick

Cyclone Michaung was expected to make landfall on the coast of the southern Indian state of Andhra Pradesh on Tuesday morning, the country's weather office said, with sustained winds of 90-100 kph (56-62 mph), gusting to 110 kph. Two people were killed when a wall collapsed because of heavy rain in the Chengalpattu district of neighbouring Tamil Nadu state, joint director of the state disaster management department, C. Muthukumaran, told Reuters. [1/3]People move in a boat past partially submerged vehicles in a residential area following heavy rains ahead of Cyclone Michaung in Chennai, India, December 4, 2023. Parts of Andhra Pradesh were likely to get more than 200 millimetres (8 inches) of rain over the next 24 hours, India's weather office said. At least 800 people have been evacuated so far from Bapatla, the coastal town in Andhra Pradesh where the cyclone is expected to make landfall on Tuesday, P Ranjit Basha, district collector of Bapatla, said.

Persons: Cyclone Michaung, Muthukumaran, Ranjit Basha, Praveen, Jatindra, Shilpa Jamkhandikar, Gerry Doyle, Sharon Singleton Organizations: Cyclone, Reuters, REUTERS, Authorities, ., Thomson Locations: CHENNAI, Andhra Pradesh, Chengalpattu, Tamil Nadu, Chennai, India, Bapatla, Sadam, Hyderabad, Bhubaneshwar

☆ China's BYD says will keep reward system for smear campaign tipsters
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Issei Kato/File Photo Acquire Licensing RightsSHANGHAI, Dec 4 (Reuters) - China's electric vehicle giant BYD (002594.SZ) said on Sunday it would make permanent its system offering tipsters who report smear campaigns against the company up to 5 million yuan ($700,918). The company in June 2022 increased the maximum amount providers of such information could receive from 1 million yuan to 5 million yuan, saying that policy was valid for a year. "Such information should be legally effective and BYD will give the provider a generous reward once it verifies it to be true." In September, the company hit back against online discussions that said BYD had leaked commercial secrets, saying those posts were pure rumours. Warren Buffett-backed BYD is China's largest seller of electric and plug-in hybrid vehicles, and Tesla's (TSLA.O) closest rival in the global electric vehicle sales race.

Persons: Issei Kato, BYD, Warren Buffett, Brenda Goh, Gerry Doyle Organizations: Japan, REUTERS, Rights, Thomson Locations: Tokyo, Japan, Weibo

☆ McDonald's raises China bet, bucking Western firms' derisking trend
▼ + stars: | 2023-12-04 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +4 min

[1/5] A woman sits on a swing attached to a giant sign of McDonald's, outside its themed exhibition in Beijing, China December 4, 2023. One advantage for McDonald’s: its majority partner in the China business, CITIC, provides top-level political cover, said Jason Yu, greater China managing director of market research firm Kantar Worldpanel. McDonald's China, Carlyle Group and CITIC declined to comment. Other consumer-facing U.S. firms, including Starbucks (SBUX.O), Apple (AAPL.O), Coach owner Tapestry (TPR.N) and sportswear giant Nike (NKE.N), have remained similarly dedicated to the China market. Although the McDonald's China menu would be familiar to U.S. consumers, there are nods to local tastes, including taro pie, rather than apple.

Persons: Tingshu Wang, McDonald's, Jason Yu, Kantar, Yu, Carlyle, Wallace, Greg, Euromonitor, Ben Cavender, Casey, Kane Wu, Deborah Sophia, Gerry Doyle Organizations: REUTERS, Rights, Group, Carlyle Group, Starbucks, Apple, Nike, Research, Investment, China Market Research, Casey Hall, Thomson Locations: Beijing, China, U.S, Hong Kong, Macau, Yum China, Russia, Shanghai, Bengaluru

☆ South Korea flies solid-fuel rocket amid space race with North Korea
▼ + stars: | 2023-12-04 | by ( Hyunsu Yim | ) www.reuters.com time to read: +3 min

[1/4] A solid-fuel space rocket is launched during a test flight over the sea near Jeju Island, South Korea, December 4, 2023. The Defense Ministry/Handout via REUTERS Acquire Licensing RightsSEOUL, Dec 4 (Reuters) - South Korea on Monday successfully conducted a flight of a solid-fuel rocket carrying a satellite over the sea near Jeju Island, the defence ministry said, amid a growing space race with neighbouring North Korea. A SpaceX Falcon 9 rocket carried South Korea's first spy satellite into orbit on Friday from California's Vandenberg Space Force Base. North Korea on Monday denounced what it called Washington's "double standard" over the two Koreas' satellite launches and said such "brigandish" American standards would never be tolerated. A functioning reconnaissance satellite could allow North Korea to remotely monitor U.S., South Korean, and Japanese troops.

Persons: California's, Kim Jong, Hyunsu Yim, hyang Choi, Ed Davies, Gerry Doyle Organizations: The Defense Ministry, REUTERS Acquire, Rights, Agency for Defense Development, Korea's Hanwha, Hanwha Systems, SpaceX, California's Vandenberg Space Force, White House, Pentagon, U.S, Thomson Locations: Jeju, South Korea, Rights SEOUL, North Korea, Pyongyang, United States, Korea, Norfolk , Virginia, South

U.S. officials, after learning about the plot in late July, demanded that India investigate, a senior administration official said. High-level meetings and pledges of closer cooperation have continued, with Biden's secretaries of state and defense visiting Delhi this month. A senior U.S. administration official called the assassination plot a "serious matter" and said Washington expects India to stop such activities, even as the Biden administration pursues "an ambitious agenda to expand our cooperation" with India. Biden has made a priority of nurturing ties with India, hoping to counter China’s ambitions in Asia while drawing India away from Russia as the U.S. seeks to isolate Moscow over its invasion of Ukraine. "Both the U.S. and India realize that they need each other, perhaps the U.S. a bit more than India."

Persons: Elizabeth Frantz, Nikhil Gupta, Joe Biden, Narendra Modi, Biden, Modi, Lisa Curtis, Hardeep Singh Nijjar, Canada’s, Happymon Jacob, Richard Rossow, Ashley Tellis, David Brunnstrom, Simon Lewis, Krishn Kaushik, Jonathan Landay, Trevor Hunnicutt, Don Durfee, Gerry Doyle Organizations: Eisenhower, White, REUTERS, Rights, Federal, New, New York City, Indian, White House, CIA, Washington, South, National Security Council, Canada, Jawaharlal Nehru University, Washington's Center, Strategic, International Studies, Biden Administration, Carnegie Endowment, International, U.S, Thomson Locations: United States, India, Washington , U.S, U.S, China, Manhattan, New York, New Delhi, Delhi, The U.S, Central Asia, Asia, Russia, Moscow, Ukraine, York, Canada, Vancouver suburb, Gujarat

Japan, a key U.S. ally, had sought the suspension of all non-emergency V-22 Osprey flights over its territory after one fell into the sea on Wednesday in western Japan. Japan's Coast Guard has said one person was found and confirmed dead, and the search for the remaining seven aboard continues. The Pentagon said on Thursday that it was still flying Ospreys for now, and that it was not aware of any official request for their grounding. "We are concerned that despite our repeated requests, and in the absence of sufficient explanation (from the U.S. military), the Osprey continues to fly," he told a news conference. The Japan Self-Defense Forces (SDF), which also operates Ospreys, has said it would suspend flights of the transport aircraft.

Persons: Hirokazu Matsuno, Yoko Kamikawa, Rahm Emanuel, Robert Dujarric, Dujarric, Mariko Katsumura, John Geddie, Chang, Ran Kim, Gerry Doyle Organizations: Kyodo, REUTERS Acquire, Rights, Japan's Coast Guard, Pentagon, Ospreys, U.S ., Japan Self - Defense Forces, U.S, Pacifist Japan, U.S . Marine Corps, Tokyo's Temple University, Thomson Locations: Kagoshima prefecture, Japan, U.S, Tokyo

☆ Hungary's Orban says EU should first sign strategic partnership accord with Ukraine
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +2 min

BUDAPEST, Dec 1 (Reuters) - The European Union should first sign a strategic partnership agreement with Ukraine instead of starting membership talks with the country, Hungary's Viktor Orban said on Friday, flagging a way to a possible compromise ahead of a crucial EU summit. Orban reiterated on Friday that several issues would need to be cleared before membership talks could start with Ukraine, saying the country, making it impossible to assess what consequences Ukraine's membership would have on the bloc. So I will represent the view that the EU should first sign a strategic partnership agreement with Ukraine," Orban said in an interview on state radio. "Let's give time for us to work together, and when we see that we can work together, then let's bring up the issue of membership." The Hungarian premier urged a ceasefire in Ukraine, and said if the EU wanted to give more money to Ukraine then it should set up a separate financial fund outside the EU budget based on an intergovernmental agreement.

Persons: Hungary's Viktor Orban, Orban, " Orban, let's, Krisztina, Sharon Singleton, Gerry Doyle Organizations: European Union, EU, Thomson Locations: BUDAPEST, Ukraine, Hungary, Hungarian, Brussels, Budapest, EU

☆ Japan asks US military to ground Osprey aircraft after fatal crash
▼ + stars: | 2023-11-30 | by ( Kantaro Komiya | Thomson Reuters | Kantaro Writes About Everything Japan'S Economic Indicators To North Korea'S Missiles To Global Regulation On Ai Companies. His Previous Stories Have Been Published In The Associated Press | ) www.reuters.com time to read: +3 min

A Japan Coast Guard vessel and a helicopter conduct a search and rescue operation at the site where a U.S. military aircraft V-22 Osprey crashed into the sea off Yakushima Island, Kagoshima prefecture, Japan November 30, 2023, in this photo taken by Kyodo. The Japan Self-Defense Forces (SDF), which also operates Ospreys, will suspend flights of the transport aircraft until the circumstances of the incident are clarified, another senior defence ministry official said in parliament. A spokesperson for U.S. military forces in Japan did not immediately respond to a request for comment. The deployment of the aircraft in Japan has been controversial, with critics of the U.S. military presence in the southwest islands saying it is prone to accidents. The last fatal U.S. military aircraft crash in Japan was 2018, when a mid-air collision during a training exercise killed six people, according to the defence ministry.

Persons: Minoru Kihara, Witnesses, Chang, Ran Kim, Kantaro Komiya, Tim Kelly, John Geddie, Kim Coghill, Gerry Doyle Organizations: Japan Coast Guard, Kyodo, REUTERS Acquire, Rights, U.S . Air Force, U.S, Ospreys, Japan Self - Defense Forces, Boeing, Bell Helicopter, Marines, Navy, U.S . Marine Corps, Osprey, Thomson Locations: Kagoshima prefecture, Japan, U.S, Australia, Okinawa

☆ US, partners target North Korea with sanctions following satellite launch
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +4 min

The list includes senior officials from the National Aerospace Technology Administration, which oversaw the satellite launch, and the munitions industry department. Since the launch of the satellite, North Korea said that its leader, Kim Jong Un, has reviewed spy satellite photos of the White House, Pentagon and U.S. aircraft carriers at the naval base of Norfolk. Kimsuky's hacking operation has been historically focused on South Korea, Japan and the United States. The RGB is a North Korean intelligence agency that is involved in cyber warfare activities, according to analysts, and is under U.S. sanctions. Two Russia-based representatives of North Korean banks and one China-based representative were also hit with sanctions, among others.

Persons: Kim Jong, Brian Nelson, Nelson, Kimsuky, Daphne Psaledakis, David Brunnstrom, Christopher Bing, Hyonhee Shin, Sandra Maler, Gerry Doyle Organizations: Korean Central News Agency, KCNA, REUTERS, U.S . Treasury Department, North, Terrorism, Financial Intelligence, Democratic People's, National Aerospace Technology Administration, United Nations, White House, Pentagon, U.S, North Korea sparred, Security Council, Treasury, Cybersecurity, Infrastructure Agency, Security, U.S . National Security Agency, Korea's, Bureau, UN, Thomson Locations: WASHINGTON, SEOUL, United States, Korea, U.S, Australia, Japan, North Korea, Korean, Republic of Korea, Democratic People's Republic of Korea, South, New York, Norfolk, South Korea, Guam, Italy, Washington, Europe, Russia, North Korean, Iran, China, North, Seoul

China has decommissioned 70.45 gigawatts (GW) of coal-fired plants in the last decade, and is building far more renewable energy capacity than any other country. Coal power makes up about 70% of emissions in China, which has committed to being carbon neutral by 2060. After 2025, it is unclear whether China will approve new coal plants. But like many cities in China's coal country, coal revenues and jobs are an incentive to keep building. Several workers in Yulin expressed little doubt about whether new coal plants make economic and environmental sense.

Persons: Li, Gao Yuhe, Xu Mingjun, China's, Xie Zhenhua, Yuheng, Duan, Colleen Howe, Ella Cao, David Stanway, Tony Munroe, Gerry Doyle Organizations: Reuters, Greenpeace, Shenhua Energy, Global Energy Monitor, Development and Research Center, Shaanxi Yulin Energy, Shaanxi Daily, Thomson Locations: YULIN, China, Yulin, Yangquan, Shanxi, Dubai, Ukraine, Canada, Shaanxi, China's, Beijing, Singapore

☆ North Korea's Kim calls for military readiness against any 'provocation'
▼ + stars: | 2023-11-30 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +3 min

[1/5] North Korean leader Kim Jong Un visits Korean People's Army Air Force headquarters on the occasion of Aviation Day in North Korea, in this picture released by North Korea's Korean Central News Agency (KCNA) on December 1, 2023. On Thursday, the United States targeted North Korea with fresh sanctions over the satellite launch, designating foreign-based agents it accused of facilitating sanctions evasion. Local media reported that North Korean soldiers at the Joint Security Area (JSA) inside the DMZ had started carrying firearms again after the North withdrew from the inter-Korean military deal. The DMZ tours had restarted last week; they had been halted after a U.S. soldier's unauthorised crossing into North Korea while on a tour in July. Private Travis King was later handed back by the North and returned to the United States, where he faces charges.

Persons: Kim Jong Un, Kim Jong, Kim, KCNA, Travis King, Soo, hyang Choi, Richard Chang, Ed Davies, Gerry Doyle Organizations: Korean People's Army Air Force, Aviation, North, Korean Central News Agency, KCNA, REUTERS Acquire, Rights, United Nations, United, Local, Joint Security Area, Korean, Thomson Locations: North Korea, Rights SEOUL, Pyongyang, Seoul, United States, Korea, South Korea, U.S

☆ Malaysia Brings Home 121 Suspected Victims of Job Scams Trapped in Myanmar Conflict
▼ + stars: | 2023-11-30 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

KUALA LUMPUR (Reuters) - A total of 121 people, mostly Malaysians suspected of being victims of job scams, were evacuated from Myanmar on Friday after being stranded by fighting between the military and rebel groups in the country's north, Malaysia's foreign ministry said. The mission came amid continuous fighting in northern Myanmar after an alliance of armed ethnic groups launched an offensive in late October. The groups have seized control of several towns and military outposts near the country's border with China, disrupting trade. Malaysia's deputy foreign minister Mohamad Alamin said the rescued group were among 128 people stranded in Laukkaing, a town in Myanmar's northern Shan state, state news agency Bernama reported on Friday. Hundreds of Malaysians have been rescued from cybercrime and job scam networks across Southeast Asia in recent years.

Persons: Mohamad Alamin, Bernama, Malaysia's, Mohamad, Rozanna Latiff, Gerry Doyle Organizations: Reuters Locations: KUALA LUMPUR, Myanmar, Indonesian, Kuala Lumpur, Kunming, China, Laukkaing, Shan, Southeast Asia

☆ Japan space agency hit with cyberattack, rocket and satellite info not accessed
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +1 min

A logo of Japan Aerospace Exploration Agency (JAXA) is seen in front of a gate at the JAXA Chofu Aerospace Center Aerodrome Branch in Tokyo January 22, 2013. REUTERS/Issei Kato/File Photo Acquire Licensing RightsTOKYO, Nov 29 (Reuters) - Japan's space agency was hit with a cyberattack but the information the hackers accessed did not include anything important for rocket and satellite operations, a spokesperson said on Wednesday. "There was a possibility of unauthorised access by exploiting the vulnerability of network equipment," the spokesperson at Japan Aerospace Exploration Agency (JAXA) said, declining to elaborate on details such as when the attack took place. The space agency learned of the possibility of the unauthorised access after receiving information from an external organisation and conducting an internal investigation, the spokesperson said, declining to identify the organisation's name. Japanese media reported Wednesday that the cyberattack occurred during the summer and the police became aware of the attack and notified JAXA this autumn.

Persons: Issei Kato, Satoshi Sugiyama, Tom Hogue, Gerry Doyle Organizations: Japan Aerospace Exploration Agency, JAXA, JAXA Chofu, Branch, REUTERS, Rights, Yomiuri, Thomson Locations: Tokyo

TOKYO, Nov 29 (Reuters) - A U.S. military V-22 Osprey aircraft crashed near an island in western Japan on Wednesday with eight people onboard, Japan's coast guard said. The aircraft disappeared from radar at 2:40 p.m. local time, Japan Chief Cabinet Secretary Hirokazu Matsuno said. Another crash-landed in the ocean off Japan's southern island of Okinawa in December 2016, prompting a temporary U.S. military grounding of the aircraft. The deployment of the Osprey in Japan has been controversial, with critics saying the hybrid aircraft is prone to accidents. The U.S. military and Japan say it is safe.

Persons: Hirokazu Matsuno, Kiyoshi Takenaka, Tim Kelly, Satoshi Sugiyama, John Geddie, David Dolan, Gerry Doyle Organizations: Osprey, U.S, Marines, U.S . Marines, U.S . Navy, Japan Self Defense Forces, Thomson Locations: TOKYO, U.S, Japan, Australia, Okinawa

The U.S. military said the mishap occurred during a routine training mission off the shores of Yakushima Island, about 1,040 km (650 miles) southwest of the capital Tokyo. Another Osprey thought to have been travelling with the crashed aircraft landed safely at the island's airport on Wednesday afternoon, a spokesperson for the local government said. Japan, which also operates Osprey aircraft, said on Wednesday it had asked the U.S. military to investigate the crash. The deployment of the hybrid aircraft in Japan has been controversial, with critics saying it is prone to accidents. In August, a U.S. Osprey crashed off the coast of northern Australia while transporting troops during a routine military exercise, killing three U.S. Marines.

Persons: Kiyoshi Takenaka, Tim Kelly, Kantaro, Idrees Ali, Phil Stewart, John Geddie, David Dolan, Gerry Doyle, Nick Macfie, Deepa Babington Organizations: Japan Coast Guard, Yakushima Fisheries Cooperative, . Air Force Special, Command, United, ., Boeing, Bell Helicopter, U.S . Air Force, Marines, Navy, Japan Self - Defense Forces, Osprey, U.S, Thomson Locations: Kagoshima prefecture, Japan, TOKYO, U.S, Yakushima, Tokyo, Japan's, United States, Taiwan, Okinawa, Australia

REUTERS/Kacper Pempel/Illustration/File Photo Acquire Licensing RightsWASHINGTON, Nov 29 (Reuters) - A cyber extortion gang suspected of being an offshoot of the notorious Russian Conti group of hackers has raked in more than $100 million since it emerged last year, researchers said in a report published on Wednesday. An attempt to reach Black Basta via its darkweb site was not immediately successful. Elliptic cofounder Tom Robinson said the massive haul made Black Basta "one of the most profitable ransomware strains of all time." "Conti was perhaps the most successful ransomware gang we've seen," Robinson said. The latest findings suggest "some of the individuals responsible are replicating its success with the Black Basta ransomware."

Persons: Kacper, Russian Conti, Tom Robinson, Robinson, Conti, Black Basta, we've, Basta, Raphael Satter, James Pearson, Gerry Doyle Organizations: REUTERS, Rights, Insurance, U.S . Treasury, Thomson Locations: Russian, bitcoin, Black, Russia, Ukraine, London

Owen Chow Ka-shing, one of the 47 pro-democracy activists charged with conspiracy to commit subversion under the national security law, arrives at West Kowloon Magistrates' Courts building, in Hong Kong, China November 29, 2021. On the first day of closing submissions, one of the handpicked national security judges, Andrew Chan, said a verdict would "tentatively" come in three to four months, with 10 days set aside for closing submissions. Beijing says the national security law brought stability to the city after monthslong pro-democracy protests in 2019. "Communication with the public is much easier, (it's) easy to manipulate those means in order to endanger national security," he added. Thirty-one of the 47 charged have pleaded guilty - which could qualify them for reduced sentences.

Persons: Owen Chow Ka, Lam, Andrew Chan, Hong, Jonathan Man, Man, Gwyneth Ho, Owen Chow, Gordon Ng, Leung Kwok, Helena Wong, Benny Tai, Joshua Wong, Gerry Doyle Organizations: REUTERS, Hong, Thomson Locations: Kowloon, Hong Kong, China, HONG KONG, United States, Beijing

☆ North Korean special economic zone poised for revival in new Russia trade
▼ + stars: | 2023-11-29 | by ( Ju-Min Park | ) www.reuters.com time to read: +6 min

China accounted for 97% of North Korea's overall trade in 2022, according to South Korea's Korea Trade Investment Promotion Agency (KOTRA). But Russia resumed oil exports to North Korea in December 2022 and had exported 67,300 barrels of refined petroleum to North Korea by April, United Nations data shows, the first such shipments reported since 2020. "Assuming North Korea and Russia's honeymoon period becomes a long one, North Korea could get Russian support on food, energy and infrastructure through Rason," Cho said. Those ships are suspected of military supplies from North Korea to Russia, the reports said. From Rason's port, North Korea has sent Russia an estimated 2,000 containers suspected of carrying artillery shells, and possibly short-range missiles, South Korean military officials have told reporters.

Persons: Rason, Jeong Eunlee, Jeong, Lee Chan, Cho Sung, Cho, Alexander Kozlov, Chung Songhak, Chung, Kim Jong Un, Kozlov, Kim Il Sung, Abraham Choi, Choi, Rason . Lee, Lee, Josh Smith, Gleb Stolyarov, Gerry Doyle Organizations: North, South, Korea Institute for National Unification, Russian Federal Customs Service, South Korea's Korea Trade Investment Promotion Agency, United, Teikyo University, North Korean, Korean, Kremlin, Korea Institute for Security, South Korea's National Institute for Unification Education, Thomson Locations: SEOUL, Korean, Russia, Ukraine, China, North Korea, Rason, Korea, South Korea’s, Russian, South Korea's Korea, United Nations, Tokyo, South Korean, Pyongyang, Rason's, Soviet, North, South

☆ Sterling rises, dollar listless as markets brace for post-Thanksgiving buzz
▼ + stars: | 2023-11-27 | by ( Rae Wee | ) www.reuters.com time to read: +3 min

The pound was on track for a roughly 3.8% gain for the month, its largest monthly gain in a year. Elsewhere, the dollar fell 0.32% to 148.97 yen , while the euro gained 0.2% to $1.0952. The dollar index slipped 0.12% to 103.31 and was headed for a monthly loss of more than 3%, its worst performance in a year. In China, the yuan slipped after the official midpoint snapped five straight sessions of strengthening, with the onshore yuan last at 7.1550 per dollar. Reporting by Rae Wee; Editing by Gerry Doyle and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: Sterling, Carol Kong, Jane Foley, Rae Wee, Gerry Doyle, Christopher Cushing Organizations: Federal, Reserve Bank of New, PMI, Bank of England, Commonwealth Bank of Australia, Traders, Rabobank, ", Fed, New, Thomson Locations: SINGAPORE, OPEC, Australia, Reserve Bank of New Zealand, New Zealand, China, Beijing

☆ Biden to skip COP climate meeting in Dubai- official
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

U.S. President Joe Biden boards Air Force One at Nantucket Memorial Airport in Nantucket, Massachusetts, U.S., November 26, 2023. REUTERS/Tom Brenner/File photo Acquire Licensing RightsNov 26 (Reuters) - U.S. President Joe Biden will not attend a gathering of world leaders focused on climate change in Dubai this week, a U.S. official said on Sunday. Dozens of countries plan to push for the world's first deal to phase out CO2-emitting coal, oil and gas at the Dubai meeting. Biden has attended both of the COP summits since his 2021 inauguration. Reporting by Jeff Mason, writing by Dan Whitcomb; Editing by Caitlin Webber and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Tom Brenner, Biden, João Manuel Gonçalves Lourenço, Jeff Mason, Dan Whitcomb, Caitlin Webber, Gerry Doyle Organizations: Air Force, REUTERS, U.S, Sunday, Reuters, United Nations, Conference, White House, Thomson Locations: Nantucket, Nantucket , Massachusetts, U.S, Dubai, Republic of Angola

☆ Australia Says AUKUS a Response to Arms Race, Not Fuel for It
▼ + stars: | 2023-11-27 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

SYDNEY (Reuters) - The Indo Pacific region is in the midst of a substantial arms race that Australia is responding to, not fuelling, with its planned acquisition of nuclear-powered submarines, Minister for Defence Industry Pat Conroy said on Tuesday. The $245 billion AUKUS project with Britain and the United States to build a new class of nuclear-powered and conventionally armed submarine has been criticised by China as having the potential to spark an arms race. "The arms race is the greatest its been since 1945, and that is why I reject assertions... that Australia is somehow fuelling that arms race. "Conflict is far from inevitable," he said, adding that Australia cannot afford to under-invest in defence. Australia's nuclear-powered submarine fleet will be used for intelligence gathering in peacetime and to strike enemy targets during a war, Conroy said.

Persons: Defence Industry Pat Conroy, Conroy, AUKUS, Kirsty Needham, Gerry Doyle Organizations: SYDNEY, Defence Industry, National Press Club Locations: Australia, Britain, United States, China, Canberra, Southeast Asia, Philippines, South, Darwin

☆ North Korea lashes out at critics, hints at more satellite launches
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

A rocket carrying a spy satellite Malligyong-1 is launched, as North Korean government claims, in a location given as North Gyeongsang Province, North Korea in this handout picture obtained by Reuters on November 21, 2023. KCNA via REUTERS/ File Photo Acquire Licensing RightsSEOUL, Nov 27 (Reuters) - North Korea warned on Monday it would continue to exercise its sovereign rights, including satellite launches, state media KCNA reported, citing the foreign ministry. The report on a statement from a foreign ministry official also criticized a joint statement released by the United States, South Korea and other countries aimed at its recent satellite launch. "It is a legal and just way to exercise its right to defend itself and thoroughly respond to and precisely monitor the serious military action by the U.S. and its followers," the KCNA report said. The United States and nine other countries issued a joint statement last week criticizing North Korea for launching a space booster using ballistic missile technology, calling it a violation of multiple Security Council resolutions.

Persons: Hyunsu Yim, Kim Coghill, Gerry Doyle Organizations: Reuters, KCNA, REUTERS, Rights, U.S, North, Thomson Locations: North Gyeongsang Province, North Korea, Rights SEOUL, United States, South Korea

☆ North Korea Says Its New Spy Satellite Photographed White House, Pentagon
▼ + stars: | 2023-11-27 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +3 min

On Tuesday North Korean state media said leader Kim Jong Un had reviewed spy satellite photos of the White House, Pentagon and U.S. aircraft carriers at the naval base of Norfolk. North Korea last week successfully launched its first reconnaissance satellite, which it has said was designed to monitor U.S. and South Korean military movements. Since then state media has reported the satellite photographed cities and military bases in South Korea, Guam, and Italy, in addition to the U.S. capital. Commercial imagery of those cities on Nov. 27, the day North Korea says it captured its photographs, was not immediately available. The United States and South Korea have condemned the satellite launch as a violation of U.N. Security Council resolutions banning any use of ballistic technology.

Persons: Josh Smith, Hyonhee Shin, Kim Jong Un, Chad O'Carroll, Dave Schmerler, James Martin, Schmerler, Jeffrey Lewis, Kim, KCNA, Hyonhee ShinEditing, Chris Reese, Sandra Maler, Gerry Doyle Organizations: Tuesday North, White House, Pentagon, U.S, NK News, Falcon, James, James Martin Center, Nonproliferation Studies, Andersen Air Force Base, U.S . Locations: Hyonhee Shin SEOUL, North Korea, Norfolk . North Korea, Korean, South Korea, Guam, Italy, Pyongyang, Seoul, U.S, U.S . Western, Norfolk, Newport, British, Korea, United States

☆ North Korea Lashes Out at Critics, Hints at More Satellite Launches
▼ + stars: | 2023-11-26 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

SEOUL (Reuters) - North Korea warned on Monday it would continue to exercise its sovereign rights, including satellite launches, state media KCNA reported, citing the foreign ministry. The report on a statement from a foreign ministry official also criticized a joint statement released by the United States, South Korea and other countries aimed at its recent satellite launch. "It is a legal and just way to exercise its right to defend itself and thoroughly respond to and precisely monitor the serious military action by the U.S. and its followers," the KCNA report said. It also warned of consequences while discussing U.N. security resolutions aimed at the nuclear-armed state. The United States and nine other countries issued a joint statement last week criticizing North Korea for launching a space booster using ballistic missile technology, calling it a violation of multiple Security Council resolutions.

Persons: Hyunsu Yim, Kim Coghill, Gerry Doyle Organizations: U.S, North Locations: SEOUL, North Korea, United States, South Korea

Search resuls for: "Gerry Doyle"

25 mentions found