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Tokyo CNN —The family of a 26-year-old doctor in Japan who died by suicide last year after working more than 200 hours of overtime in a single month have pleaded for change in a nation long plagued by overwork culture. Takashima Shingo had been working as a resident doctor at a hospital in Kobe City when he took his own life last May, according to public broadcaster NHK. According to the family’s lawyers, Takashima had worked more than 207 hours overtime in the month before his death, and had not taken a day off for three months, NHK reported. She had worked 159 hours of overtime in the month before her death, according to NHK. One 2016 study found that more than a quarter of full-time hospital physicians work up to 60 hours a week, while 5% work up to 90 hours, and 2.3% work up to 100 hours.

Persons: Takashima Shingo, Takashima, ” –, Takashima’s, Junko Takashima, “, ” Organizations: International Association for Suicide Prevention, Befrienders, Tokyo CNN, NHK, Konan Medical, Ministry of Health, Labor, Welfare, Konan Medical Center, CNN, Association of Japan Medical Colleges Locations: Tokyo, Japan, Kobe City, Konan

☆ Seth Lugo, Padres blank Marlins in rubber game
▼ + stars: | 2023-08-23 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

Lugo gave up three hits and a walk with four strikeouts over six innings to pick up the win and improve to 5-6. The Marlins loaded the bases with one out on a Josh Bell single and a pair of walks. Ha-Seong Kim opened the Padres' first with a double and scored on Juan Soto's one-out single to give San Diego a 1-0 lead. Former Marlin Garrett Cooper scored the Padres' final run in the seventh after singling to open the inning in his first two-hit game as a Padre. The win gave the Padres a 5-5 record in their longest homestand of the season.

Persons: Seth Lugo, Xander Bogaerts, Lugo, Steven Wilson, Robert Suarez, Tom Cosgrove, Josh Hader, Josh Bell, Hader, Garrett Hampson, Yuli, Cy Young, Sandy Alcantara, Seong Kim, Juan Soto's, Manny Machado, Bogaerts, Marlin Garrett Cooper, Padre, Cooper, Fernando Tatis Jr Organizations: San Diego Padres, Miami Marlins, Marlins, Padres, Miami, Thomson Locations: San Diego, Alcantara

☆ Roaches were found in a McDonald's frappé machine. It's not the first time the chain has had this problem.
▼ + stars: | 2023-08-22 | by ( Haley Tenore | ) www.businessinsider.com time to read: +2 min

Roaches were found inside a McDonald's frappé machine in Jacksonville, Florida. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyAdvertisementAdvertisementHealth inspectors found roaches inside a McDonald's frappé machine. Health inspectors found three live roaches and a roach egg sac inside the frappé machine, as well as five dead roaches around and inside the machine, according to an inspection report viewed by Insider. There have been other reports of bugs in McDonald's coffee and its machines. This means the inside of a coffee machine may be the perfect environment for them.

Persons: Roaches, McDonald's Organizations: Service, TV, Jax, CBS4, Facebook, Mashable, Twitter Locations: Jacksonville , Florida, Wall, Silicon, Indianapolis, Thailand, Utah

☆ These states will pay you to build a tiny home in your backyard
▼ + stars: | 2023-08-21 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +5 min

Building backyard tiny homes can be expensive. There are three states that will help with the cost, by providing homeowners with grant money. These backyard homes, called accessory dwelling units, or ADUs, are small housing units that homeowners can build on their property. In California, where most backyard homes are being built, ADU building permits cost anywhere from $450 to $15,000 — even before construction starts, according to Backyard Unlimited, a company that builds ADUs. Insider reached out to all 50 states to learn which pay homeowners to build ADUs.

Persons: you've, there's, Joyce Higashi's ADU, Kelsey Neubauer, Vermonters Organizations: Service, Backyard, Department, California Housing Finance, California Housing Finance Agency New, AMI, York State's Homes, York State Homes, Community Renewal, Champlain Housing Trust, Community Development, Windsor Housing Trust, Vermont Housing, of Housing, Community Locations: Wall, Silicon, California, California Housing Finance Agency New York, Monroe , New York, Hudson, New York City, Onondaga County, Syracuse, York, Community Renewal Vermont, Burlington , Vermont, Vermont, Champlain, Western Vermont, Windham, Windsor

The International Labour Organization (ILO), of which Cambodia is a member, permits prison labour provided it is not forced. The companies, which Sopheak confirmed were W Dexing Garment (Cambodia), IGTM (Cambodia) and Chia Ho (Cambodia) Garment Industrial, did not respond to requests for comment. It said it learned in February that Cambodia was investigating and that the prison workshops had been suspended. Centric told Reuters in an email in June that it had "placed on hold" imports from a factory in Cambodia and would "immediately terminate" any supplier found to be using prison labour. CAMBODIA INVESTIGATESPrison labour at CC2 potentially puts Cambodia at odds with the U.S. Generalized System of Preferences, which grants duty-free benefits to eligible developing nations.

Persons: Keo Chhea, Sopheak, Chia Ho, AAFA's, Ken Loo, Aun, Loo, Calvin Klein, Tommy Hilfiger, amfori, Klot Dara, Stephen Lamar, Nate Herman, Clare Baldwin, Katherine Masters, Siddharth Cavale, John Shiffman, Kristina Cooke, David Crawshaw, Kay Johnson Organizations: Correctional, Google, REUTERS Acquire, Walmart, Centric Brands, Reuters, American Apparel and Footwear Association, International Labour Organization, ILO, Cambodian Ministry of Commerce, State, European Union, Japan, Garment, Human Rights, Textile, Apparel, Footwear, Travel Goods Association, IZOD, U.S . Federal Trade Commission, U.S, Travelway, Centric, Better Factories, BFC, amfori's Business, Authentic Brands, U.S . Trade, CC2, Cambodia's Ministry of Interior, General Department of Prisons, Facebook, Thomson Locations: Phnom Penh, Cambodia, PHNOM PENH, U.S, Washington, AAFA, IGTM, Canada, Better Factories Cambodia, CC2, CAMBODIA, Cambodia's U.S, New York, Los Angeles

☆ Here's what it would take to restore the rusted remains of a 1954 Ferrari purchased for $2 million to its glory days
▼ + stars: | 2023-08-20 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Scraps of a rare 1954 Ferrari 500 Mondial Spider Series I were just sold for about $1.9 million. The buyer could end up investing another $2 million just to restore the car, a Ferrari expert said. In "very good condition," the model can be worth up to $4 million to $5.5 million, the expert said. The remnants of a Ferrari 500 Mondial Spider Series I were recently sold at RM Sotheby's auction for about $1.9 million, and it may take another $2 million just to restore the car to its glory racing days, a Ferrari historian told Insider. "A Ferrari 500 Mondial Spider Pinin Farina in restored or at least very good condition is currently in the wide range between $4M and $5.5M," Birner wrote.

Persons: Pinin Farina, Franco Cortese, Cortese, Walter Medlin, Sotheby's, What's, Andreas Birner, Birner, Ferrari's, Ferrari, … Organizations: Morning, RM, Pininfarina, Ferrari, Mondial, Mille, Sotheby's, Ferraris, New York Times, The Times Locations: Italian, Italy, Maranello

☆ $3.7 billion data startup Cohesity prepares for a public listing, again, as hope rises that IPOs will return this fall
▼ + stars: | 2023-08-18 | by ( Julie Bort | ) www.businessinsider.com time to read: +4 min

The data startup Cohesity is gearing up to go public as soon as its bankers give the nod, CEO Sanjay Poonen told Insider. But when it last announced it had filed confidential IPO paperwork, on December 21, 2021, its timing couldn't have been worse. Before the startup could debut, the tech IPO window was slammed shut by rising inflation and interest rates, as well as fears of a full-blown recession. "I can't predict the market, but, you know, if that happens, I'd say we'd be as ready as we were in 2021," Poonen said. And as the market opens up, we'll pick the right time, whether it's fall, whether it's next year," Poonen added.

Persons: Cohesity, Sanjay Poonen, IPOs, Poonen, He's, it's, Eric Brown, Srinivasan Murari, he's Organizations: Microsoft, Web Services, Electronic Arts, McAfee, Google, VMware, IBM, Cisco, Hewlett Packard Enterprise, IDC, Bloomberg Locations: Informatica

☆ Furious Chinese investors lodge complaints over trust firm's missed payments
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Aly Song/File Photo Acquire Licensing RightsBEIJING, Aug 18 (Reuters) - Angry investors in trust products of a leading Chinese shadow bank have lodged complaint letters with regulators, pleading with the authorities to step in after the big Chinese trust firm missed payments on dozens of investment products. "Every day, a large number of people gathered at business departments of Zhongrong Trust are praying for the firm can give an explanation to investors ... investors are immersed in unlimited horror and fear every day." In the letter to the NFRA , investors demanded that Zhongrong provide reports of the underlying assets of defaulted products. "We hope officials can attach great attention to Zhongrong Trust ... and not let this to become a milestone vicious economic event," the letter sent to the NFRA said. In the letter to the CCDI, investors complained that management of Zhongrong failed to fulfill their responsibilities and caused huge losses to investors.

Persons: Aly, Zhongrong, didn't, NFRA, Ziyi Tang, Ryan Woo, Sumeet Chatterjee, Kim Cogill Organizations: REUTERS, Rights, Trust Co, Investors, Financial Regulatory Administration, Central Commission, Reuters, Zhongzhi Enterprise Group, Zhongrong, Thomson Locations: Shanghai, China, Rights BEIJING, Zhongrong

☆ US FDA approves Regeneron's ultra-rare blood disease drug
▼ + stars: | 2023-08-18 | by ( Pratik Jain | ) www.reuters.com time to read: +2 min

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsAug 18 (Reuters) - Regeneron Pharmaceuticals (REGN.O) said on Friday the U.S. health regulator approved its drug to treat a rare blood disease. The drug pozelimab, branded as Veopoz, would treat CHAPLE disease in adult and pediatric patients 1 year of age and older. Regeneron said the disease has fewer than 10 patients identified in the U.S. and estimates less than 100 patients worldwide. With Veopoz's approval, the company said the pre-approval inspection issues related to the marketing application of the higher dose of its blockbuster eye disease drug Eylea, or aflibercept, has been addressed. The FDA had in June declined to approve the higher-dose version following an inspection at third-party manufacturer Catalent (CTLT.N).

Persons: Brendan McDermid, Veopoz, Regeneron, 8mg, Evan Seigerman, Seigerman, Vaibhav Sadhamta, Khushi, Shilpi Majumdar Organizations: Regeneron Pharmaceuticals, REUTERS, U.S . Food, Drug Administration, Reuters, BMO Capital, FDA, Thomson Locations: Westchester, Tarrytown , New York, U.S, Bengaluru

☆ US FAA issues 30-day inspection mandate for Pratt & Whitney GTF engines
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +2 min

Pratt & Whitney logo is pictured on the GTF engine at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 20, 2023. Pratt & Whitney parent RTX Corp RTX.N announced in July that a "rare condition" in powdered metal meant 1,200 of more than 3,000 engines, built for the twin-engined Airbus (AIR.PA) A320neo between 2015 and 2021, have to be taken off and inspected for micro cracks. In an airworthiness directive published on Friday, the FAA requires an ultrasonic inspection of the first- and second-stage high-pressure turbine disks within 30 days. The FAA said the directive, which is effective immediately, affects 20 engines on U.S.-registered aircraft and 202 engines worldwide. Pratt & Whitney issued an instruction to operators on Aug. 4 to expedite inspections of the disks.

Persons: Pratt, Whitney, Benoit Tessier, Pratt & Whitney, RTX, Valerie Insinna, Matthew Lewis Organizations: International Paris Air, Le, REUTERS, Federal Aviation Administration, Pratt, Pratt &, RTX Corp RTX.N, FAA, Thomson Locations: Le Bourget, Paris, France, Washington

☆ US FDA approves higher dose of Regeneron's eye disease drug Eylea
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +1 min

Signage is seen outside of the Food and Drug Administration (FDA) headquarters in White Oak, Maryland, U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsCompanies Regeneron Pharmaceuticals Inc FollowAug 18 (Reuters) - The U.S. Food and Drug Administration approved a higher dose version of Regeneron Pharmaceuticals' (REGN.O) drug Eylea for treatment of a disease that is a leading cause of blindness among the elderly, the company said in a statement on Friday. Eylea is normally given in doses of 2 mg every eight weeks. Two late-stage trials had shown Eylea was as effective as the lower dose version when given at 8 mg at longer intervals without any additional safety issues. In June, the FDA declined to approve the higher dose version of Eylea and said it had outstanding questions, citing an ongoing review of inspection findings at a third-party filler of the higher dose.

Persons: Andrew Kelly, retinopathy, Regeneron, Eylea, Jahnavi, Sandra Maler, Rosalba O'Brien Organizations: Food and Drug Administration, FDA, REUTERS, Regeneron Pharmaceuticals, U.S . Food, Drug Administration, Thomson Locations: White Oak , Maryland, U.S, Bengaluru

☆ $3.7 billion data startup Cohesity gets ready for an IPO, again, as hope rises that IPOs will return this fall
▼ + stars: | 2023-08-18 | by ( Julie Bort | ) www.businessinsider.com time to read: +4 min

Cohesity just hired a new CFO and is talking about getting ready for its IPO. Data startup Cohesity is gearing up to go public as soon as its bankers give the nod, CEO Sanjay Poonen told Insider. But when it last announced it had filed confidential IPO paperwork on December 21, 2021, its timing couldn't have been worse. Before the startup could debut, the tech IPO window was slammed shut by rising inflation and interest rates, and fears of a full-blown recession. The last splashy IPO was HashiCorp on December 9, 2021, so the window has now been closed for 20 months and counting.

Persons: Cohesity, Sanjay Poonen, IPOs, He's, it's, Poonen, Eric Brown, Srinivasan Murari, he's Organizations: Microsoft, Web Services, ARM, Electronic Arts, McAfee, Google, VMware, IBM, Cisco, Hewlett Packard Enterprise, IDC, Bloomberg Locations: Informatica

☆ Fact Check-No evidence lab-grown meat authorized in the US contains human cells
▼ + stars: | 2023-08-17 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

Regulators told Reuters that they had ensured the product labels stating the contents are made from chicken cells are “truthful.” Both companies deny that any human cells are involved in their products’ manufacture. “This claim is completely false,” Good Meat spokesperson Carrie Kabat said in an email. “Good Meat cultivated chicken is made from chicken cells and does not use human cells in any stage of our process.”Upside Foods spokesperson Brooke Whitney also said by email: “This claim is false. Reuters has previously addressed a satirical claim that human meat is being grown in the lab (here). Companies, regulators, and a Reuters reporter describe lab-grown chicken products approved for sale in the U.S. as made from chicken cells, not human cells.

Persons: Carrie Kabat, Brooke Whitney, it’s, Leah Douglas, Douglas, FSIS, Read Organizations: Reuters, U.S . Department of Agriculture, U.S . Food, Drug Administration, FDA, Regulators, Food Safety, Inspection, USDA, Safety, Federal, Poultry, Foods Locations: U.S

☆ EV battery imports face scrutiny under US law on Chinese forced labor
▼ + stars: | 2023-08-17 | by ( Nichola Groom | ) www.reuters.com time to read: +6 min

More than a year of enforcement of the Uyghur Forced Labor Prevention Act (UFLPA) has already stymied development of solar energy projects as detained panel shipments languish in U.S. warehouses. When shipments are detained, CBP provides the importer with a list of examples of products from previous reviews and the kind of documentation required to prove they are not made with forced labor, CBP told Reuters. "The timing of these changes does not reflect any specific changes in strategy or operations," a CBP spokesperson said in a statement, adding that the list of eight product types was "not exhaustive." In a report to Congress last month on UFLPA enforcement, CBP listed lithium-ion batteries, tires, "and other automobile components" among the "potential risk areas" it was monitoring. The stepped-up focus on automakers follows a study by Britain's Sheffield Hallam University published in December that said nearly every major automaker has exposure to products made with forced labor in Xinjiang.

Persons: Janet Yellen, Mark Schiefelbein, Dan Solomon, Chevalier, Solomon, Britain's, Ron Wyden, Wyden, we've, Tesla, Brandon Daniels, Nichola Groom, David Shepardson, Jan Schwartz, Daniel Leussink, Matthew Lewis Organizations: Reuters, U.S . Customs, Border Protection, Beijing, Uyghur, Labor, U.S . Solar Energy Industries Association, Biden, CBP, Miller, Britain's Sheffield Hallam University, U.S, Senate, Benz, Volkswagen, Friedrichshafen AG, Bosch, General Motors, Honda, Toyota, Continental AG, Thomson Locations: United States, Diaoyutai, Beijing, China, Xinjiang, U.S, Detroit, UFLPA, Los Angeles, Washington, Hamburg, Tokyo

☆ An Invasive Hornet Species Is Spotted in the U.S. for the First Time
▼ + stars: | 2023-08-17 | by ( Rebecca Carballo | More About Rebecca Carballo | ) www.nytimes.com time to read: +1 min

An invasive hornet species was spotted this month in the United States for the first time, and state officials in Georgia, fearing it could harm the agriculture industry, said they were working with federal officials and academic experts to eradicate it. A beekeeper in Savannah, Ga., discovered an unusual insect on his property and reported it to the Georgia Department of Agriculture, which worked with the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service and the University of Georgia to confirm that it was a yellow-legged hornet. Native to tropical and subtropical areas of Southeast Asia, the yellow-legged hornet could threaten the state’s honey production, native pollinators and agriculture industry, the state’s Agriculture Department said in a statement on Tuesday. The species’ appearance is troubling because the hornet preys on honeybees, said Chuck Bargeron, director of the Center for Invasive Species and Ecosystem Health at the University of Georgia.

Persons: Chuck Bargeron Organizations: Georgia Department of Agriculture, U.S . Department of Agriculture’s, Plant Health, Service, University of Georgia, state’s Agriculture Department, Center Locations: United States, Georgia, Savannah , Ga, Southeast Asia

☆ Uzbekistan says contaminated Indian cough syrup was on market due to bribery
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +2 min

Three of the defendants (an Indian and two Uzbekistan nationals) are executives of Quramax Medical, a company that sold medicines produced by India’s Marion Biotech, in Uzbekistan. Pratar, who spoke in court, denied the charges but admitted to handing over the sum to officials through an intermediary as a "token of appreciation". Officials have not said why 45 deaths had remained unreported since last year. State prosecutors also said on Wednesday that Quramax had imported Marion Biotech medicines at an inflated price via two Singapore-based intermediary companies, which prompted tax evasion charges. Reporting by Mukhammadsharif Mamatkulov Writing by Olzhas Auyezov; Editing by Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.

Persons: Singh Raghvendra Pratar, Saidkarim Akilov, Quramax, Mukhammadsharif, Olzhas Auyezov, Sharon Singleton Organizations: Quramax, India's Marion Biotech, Central, India’s Marion Biotech, Marion Biotech, Thomson Locations: Uzbekistan, Tashkent, TASHKENT, India, Singapore

☆ Ukraine reports new attack on grain silos but cargo ship sets sail
▼ + stars: | 2023-08-16 | by ( Pavel Polityuk | ) www.reuters.com time to read: +7 min

[1/2] Hong Kong-flagged container ship Joseph Schulte leaves the sea port, amid Russia's attack on Ukraine, in Odesa, Ukraine, in this handout picture released August 16, 2023. Russia has made regular air strikes on Ukrainian ports and grain silos since mid-July, when it pulled out of the U.N.-backed deal for Ukraine to export grain. Bernhard Schulte Shipmanagement (BSM), which owns the ship jointly with a Chinese bank, confirmed that the ship was en route to Istanbul. Kubrakov said it was carrying more than 30,000 metric tons of cargo in 2,114 containers, adding that the corridor would primarily be used to evacuate ships from the Black Sea ports of Chornomorsk, Odesa and Pivdennyi. DANUBE PORTSUkraine turned to its Danube river ports after Russia pulled out of the Black Sea grain deal seeking better terms for exports of its own food and fertilizer.

Persons: Joseph Schulte, Oleksandr Kubrakov, Bernhard Schulte Shipmanagement, Kubrakov, Urozhaine, Hanna Maliar, Izmail, Lidia Kelly, Gus Trompiz, Matthias Inverardi, Gabrielle Tétrault, Farber, Philippa Fletcher, Angus MacSwan Organizations: Facebook, REUTERS Acquire, Benchmark, United Nations, Reuters, United Nations Conference, Trade, Development, Thomson Locations: Hong Kong, Ukraine, Odesa, Russia, KYIV, Russian, Hong, Kong, Reni, Moscow, Big, Istanbul, Chornomorsk, Pivdennyi, Ukrainian, Urozhaine, Azov, Constanta, Romania, Black, Turkey, Nairobi

Analysts said it tests President Tayyip Erdogan's resolve to maintain good relations with Russian President Vladimir Putin, whom he has invited to Turkey this month to discuss resuming the UN-brokered deal that had protected grain exports from Ukraine. "Ankara's silence is strange but shows it is still counting on Putin to visit and return to the grain deal." It wants the West to accept some Russian demands, and for Russia to drop others, to restart Ukraine grain exports under UN and Turkish oversight. A Turkish defence ministry official, requesting anonymity, said Ankara was looking into the Black Sea raid but gave no more details. "Therefore Erdogan should negotiate and try to convince Western countries, not Putin, for the reinstatement of the grain deal," he said.

Persons: Mehmet Bey, Umit, Erdogan, Putin, NATO's, Tayyip Erdogan's, Vladimir Putin, Yoruk Isik, Grynspan, Sezer, Huseyin Hayatsever, Gabrielle Tétrault, Farber, Kirsten Donovan Organizations: Coordination Centre, REUTERS, Ankara, Analysts, UN, Bosphorus Observer, United Nations Conference, Trade, Development, Thomson Locations: Yenikapi, Istanbul, Turkey, ISTANBUL, Ukraine, NATO, Moscow, Russia, Ankara, Odesa, Turkish, Palau, Russian

☆ England's Farrell has red card overturned
▼ + stars: | 2023-08-15 | by ( Mitch Phillips | ) www.reuters.com time to read: +3 min

However, Farrell argued that the offence was worthy of only a yellow card and the independent judicial committee agreed. "After reviewing all the evidence... the committee concluded that the Foul Play Review Officer was wrong, on the balance of probabilities, to upgrade the yellow card issued to the player to a red card," the committee said in a statement. In the Committee’s opinion, this mitigation was sufficient to bring the player’s act of foul play below the red car threshold. Unlike the Foul Play Review Officer the committee had the luxury of time to deliberate and consider, in private, the incident." The bans that are being put in place for foul play are not stringent enough.

Persons: Owen Farrell, Farrell, Taine Basham, Basham, Alix Popham, ” Popham, “ Farrell, Mitch Phillips, Pritha Sarkar Organizations: Wales, Saracens, Ireland, Argentina, Thomson Locations: England, Wales, Fiji, Japan

MOSCOW, Aug 15 (Reuters) - Russia on Tuesday released video footage showing an armed naval inspection unit boarding a cargo ship in the southwestern Black Sea on Sunday and questioning the captain about why the ship had not stopped when demanded to by a Russian warship. "Stop machine, stop machine," one of the armed Russians says as crew members put their hands on their heads and kneel before the Russian weapons. I am Russian naval officer - please don't shoot my group on video." The Russian officer then questions the captain through a crew translator about why the ship did not stop when asked to. "Thank you, you good day sir," the Russian officer says as he leaves.

Persons: Guy Faulconbridge, Robert Birsel Organizations: Reuters, Thomson Locations: MOSCOW, Russia, Black, Russian, Palau, Turkey, Ukraine, Izmail

☆ New video shows Russian forces raiding a cargo ship in the Black Sea, shouting 'stop machine' as they stormed the bridge
▼ + stars: | 2023-08-15 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Russian forces looking for military supplies raided a Ukraine-bound cargo ship in the Black Sea. The video shows a Russian inspecting blurred-out documents and ends with someone from the inspection team thanking the ship's crew. Tensions in the Black Sea have been especially high since Russia spiked the grain deal, a decision that was met with harsh criticism from the West. In the midst of these challenges, Ukraine has made increasing use of sea drones to attack important Russian targets operating in the Black Sea. The recent raid, however, is a notable move for Russia's Black Sea Fleet, one which raises the risk to commercial vessels transiting the region.

Persons: Russia's, —, We're, Vedant Patel Organizations: Service, Telegram, Fleet, Strategic Communication, US, Department Locations: Ukraine, Moscow, Ukrainian, Wall, Silicon, Russian, Palau, Izmail, Russia, West, Romania

☆ Bank of China starts nationwide move to reduce salary gap among employees, manager levels -sources
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +2 min

A man rides his bicycle across the street under the Guomao bridge at the Central Business District in Beijing, China, October 19, 2015. Bank of China didn't immediately reply to a Reuters' request for comment. The move follows pay cuts being made at investment banks such as China International Capital Corp (CICC) (3908.HK). Two of the sources said the bank had finished implementing the plan at its headquarters in the first half of the year. A third source said the bank's Shanghai branch staff last week received notice that the bank would be reducing pay gaps there.

Persons: Jason Lee, Xi Jinping, Bank of China didn't, Ziyi Tang, Rong Ma, Ryan Woo, Hugh Lawson Organizations: Central Business District, REUTERS, Bank of China Ltd, Communist Party, Bank of, China International Capital Corp, HK, of, Central Commission, Inspection, Shanghai, Thomson Locations: Beijing, China, BEIJING, Bank of China, of China, Shanghai

☆ Airlines are scrambling to find spare parts after a major engine manufacturer issued a recall
▼ + stars: | 2023-08-14 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

And Hawaiian Airlines' CEO said it had "spare support" including from P&W. Airlines are scrambling to find spare parts due to an engine recall which threatens to cancel flights, the Financial Times first reported. JetBlue, Spirit Airlines, Hawaiian Airlines, and Wizz Air are among the fleets which will be affected, and they've been updating investors on how they plan to deal with the disruption. Peter Ingram, the CEO of Hawaiian Airlines, told investors it had "spare support" from engines returning from the shop, or spares "supplied by Pratt & Whitney to support the operating carriers." Spirit, JetBlue, and Hawaiian Airlines did not immediately respond to Insider's request for comment, sent outside US working hours.

Persons: Pratt, Whitney, & Whitney, Joanna Geraghty, Peter Ingram, Pratt & Whitney, Wizz, RTX Organizations: Airlines, Financial Times, JetBlue, Spirit Airlines, Hawaiian Airlines, Wizz, &, Airbus, Pratt &, Reuters, Pratt, Whitney

☆ Russian Forces Launch Waves of Overnight Attacks on Odesa
▼ + stars: | 2023-08-14 | by ( Cassandra Vinograd | ) www.nytimes.com time to read: +3 min

Image Rescuers working on Monday at the site of a fire in Odesa following a Russian attack. Credit... Nina Liashonok/ReutersRussian forces launched waves of missiles and attack drones at Odesa overnight, Ukrainian officials said early Monday, the latest strikes on the southern port city amid heightened tensions in the Black Sea. The Ukrainian military’s southern command said that air defenses intercepted eight cruise missiles and 15 attack drones that were launched in multiple waves. Since then, Russian forces have bombarded Ukrainian ports — including Odesa and Izmail — in what Ukrainian officials said were strikes specifically targeting the country’s ability to ship grain. It also put Moscow on notice that six Russian Black Sea ports and the approaches to them would be considered areas of “war risk” until further notice.

Persons: Nina Liashonok, ” Natalia Humeniuk, Odesa Organizations: Reuters, Russia’s Defense Ministry, Sunday, Ukrainian Ministry of Foreign Affairs Locations: Odesa, Reuters Russian, Ukrainian, Izmail, Ukraine, Moscow

☆ Ships backed up in Black Sea lanes as Russia warning shots raise tensions
▼ + stars: | 2023-08-14 | by ( Jonathan Saul | ) www.reuters.com time to read: +3 min

LONDON, Aug 14 (Reuters) - Merchant ships remained backed up in lanes around the Black Sea on Monday as ports struggled to clear backlogs amid growing unease among insurers and shipping companies a day after a Russian warship fired warning shots at a cargo vessel. After an inspection, the vessel continued its journey towards the Ukrainian port of Izmail along the Danube river, Russia said. Palau-flagged vessel Sukru Okan transits Bosphorus on its way to the Black Sea in Istanbul, Turkey August 13, 2023 this screen grab from a video. Romania on Monday said that it aimed to double the monthly transit capacity of Ukrainian grain to Constanta to 4 million tonnes in the coming months. Sunday's incident cast a pall over plans announced by Ukraine last week for a "humanitarian corridor" in the Black Sea to release cargo ships trapped in Ukraine's ports since the outbreak of war.

Persons: Vasily Bykov, Kviv, Izmail, Gard, Tayyip Erdogan, Vladimir Putin, Joseph Schulte, BSM, Jonathan Saul, Conor Humphries Organizations: Merchant, Insurance, REUTERS, UN, Group, Reuters, Thomson Locations: Russian, Russia, Palau, Izmail, Musura, Romanian, Constanta, Istanbul, Turkey, Romania, Ukraine, Moscow, Ukrainian, Norwegian, Odesa

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