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☆ Microsoft cuts about 1,000 jobs - Axios
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +1 min

Oct 18 (Reuters) - Microsoft Corp (MSFT.O) laid off under 1,000 employees across several divisions this week, Axios reported on Tuesday, citing a source, making it the latest U.S. technology company to cut jobs or slow hiring amid a global economic slowdown. The layoffs affected less than 1% of Microsoft's total workforce of around 221,000 as of June 30. The company had said in July that a small number of roles had been eliminated and that it would increase its headcount down the line. Microsoft did not immediately respond to a Reuters' request for comment on the Axios report. Register now for FREE unlimited access to Reuters.com RegisterReporting by Jyoti Narayan in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

☆ UK Defence Ministry: Russian logistical issues intensify after Crimea bridge blast
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: 1 min

Oct 17 (Reuters) - Logistical issues faced by Russian forces in southern Ukraine have become more acute following damage to a key bridge to Crimea on Oct. 8, a British intelligence update said on Monday. "With the Russian presence in Kherson strained, and the supply routes through Crimea degraded, the ground line of communication through Zaporizhzhia Oblast is becoming more important to the sustainability of Russia’s occupation," the UK Ministry of Defence tweeted in a regular bulletin. Russian forces in southern Ukraine are likely increasing logistical supply flow via Mariupol in an attempt to compensate for the reduced capacity of the bridge, the update said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Jyoti Narayan in Bengaluru; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. FCC set to ban approvals of new Huawei, ZTE equipment- document
▼ + stars: | 2022-10-13 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

WASHINGTON, Oct 13 (Reuters) - The U.S. Federal Communications Commission is set to ban approvals of new telecommunications equipment from China's Huawei Technologies and ZTE (000063.SZ) in the United States on national security grounds, according to a document posted by the agency. The companies would not be able to sell new equipment in the United States without equipment authorizations. In June 2021, the FCC voted to advance the plan to ban approvals for equipment in U.S. telecommunications networks from Chinese companies deemed national security threats, including Huawei and ZTE. ... We have left open opportunities for (Huawei and other Chinese equipment) use in the United States through our equipment authorization process. The FCC action would prohibit all future authorizations for communications equipment deemed to pose an unacceptable risk to national security.

☆ U.S. FCC set to ban all U.S. sales of Huawei, ZTE equipment- Axios
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: 1 min

Oct 13 (Reuters) - The U.S. Federal Communications Commission plans to ban all sales of Huawei and ZTE (000063.SZ) telecommunications equipment in the United States on national security grounds, news website Axios reported on Thursday, citing sources familiar with the matter. Last year, U.S. President Joe Biden signed legislation to prevent companies that are deemed security threats from receiving new equipment licenses from U.S. regulators. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Jyoti Narayan in Bengaluru; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. authorizes updated COVID booster shots for children as young as 5
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +2 min

Oct 12 (Reuters) - U.S. health regulators authorized the use of Omicron-tailored COVID-19 booster shots from Moderna Inc (MRNA.O) and Pfizer Inc (PFE.N) in children as young as 5, a move that will expand the government's fall vaccination campaign. The U.S. Food and Drug Administration on Wednesday green-lighted Moderna's bivalent vaccine for those aged six and above, while Pfizer's updated shot was authorized in children aged five and above. The U.S. Centers for Disease Control and Prevention also backed the FDA's authorization, clearing the way for the shots to be administered in children. Overall, COVID-19 vaccination rates in the United States have stayed low among kids, with nearly 40% of children aged 5-11 vaccinated with one dose of a vaccine so far. Around 11.5 million people received the updated shots over the first five weeks of the rollout last month, which represents just 5.4% of the people aged 12 or older who are eligible to receive them.

☆ Flood-hit Pakistan should suspend debt repayments, says UN paper - FT
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Stringer/File PhotoSept 23 (Reuters) - Pakistan should suspend international debt repayments and restructure loans with creditors after recent floods added to the country's financial crisis, the Financial Times reported on Friday, citing a UN policy memo. Pakistan has earlier estimated the damage at $30 billion, and both the government and U.N. Secretary-General Antonio Guterres have blamed the flooding on climate change. The memo further proposed debt restructuring or swaps, where creditors would let go of repayments in exchange for Pakistan agreeing to invest in climate change-resilient infrastructure, FT said. Floods have affected 33 million Pakistanis, inflicted billions of dollars in damage, and killed over 1,500 people - creating concern that Pakistan will not meet debts. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Jyoti Narayan in Bengaluru; Editing by Christian Schmollinger and Sam HolmesOur Standards: The Thomson Reuters Trust Principles.

☆ Canada to drop COVID vaccine requirement to enter country on Sept 30-source
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Emily ElconinSept 20 (Reuters) - Canada's federal government will likely drop its COVID-19 vaccine requirement for people entering Canada at the end of the month, a government source said on Tuesday. The source, who was not authorized to speak on the record, said Prime Minister Justin Trudeau was "likely" to drop the vaccination requirement on Sept 30. Canada will also drop random coronavirus testing on the same day, and make it optional to use its ArriveCAN app, where travelers have been required to upload their proof of vaccination, the source said. Canadian airports faced chaos over the summer, with numerous cancellations and delays that some blamed on the country's strict COVID-19 restrictions. Register now for FREE unlimited access to Reuters.com RegisterReporting by Steve Scherer in Ottawa and Jyoti Narayan in Bengaluru; editing by Richard PullinOur Standards: The Thomson Reuters Trust Principles.

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