CANBERRA, Australia (AP) — Australian police were investigating a purported hacker’s release of the stolen personal data of 10,000 Optus customers and demand for a $1 million ransom in cryptocurrency, the telecommunications company’s chief executive said Tuesday. The Australian government has blamed lax cybersecurity at the nation’s second-largest wireless carrier for the unprecedented breach last…
BEIJING (Reuters) – Profits at China’s industrial firms shrank at a faster pace in January-August, as strict COVID restrictions and a deepening property slump weighed on domestic demand and heatwaves curbed factory activity. Profits fell 2.1% in the first eight months of 2022 from a year earlier, after a 1.1% drop logged in January-July, according…
MIAMI (AP) — Governors of the Inter-American Development Bank have voted to fire its president, Mauricio Claver-Carone, after an ethics probe found he likely carried on an intimate relationship with a subordinate. The governors from the IADB’s 48 members had until Tuesday to vote electronically on whether to sack Claver-Carone following a unanimous recommendation last…
(Reuters) – Star Entertainment Group on Tuesday accepted the findings of an inquiry that stated the casino operator unfit to hold a licence in Sydney, but said it should be permitted to continue operating under “strict supervision”. The country’s second-biggest casino operator said in a statement that it has developed a remediation plan, outlining actions…
BUENOS AIRES (Reuters) – Units of Argentina’s state oil firm YPF will next month begin lithium exploration in a first-ever entry into the sector by state-run miners as the government aims to benefit from surging demand for the battery metal, according to a statement on Monday. Lithium prices have soared past $70,000 per tonne this…
By Jonathan Stempel (Reuters) – Eli Lilly and Co was sued on Monday by the U.S. Equal Employment Opportunity Commission, which accused the drugmaker of illegally refusing to hire older workers for sales representative jobs because of their age. The complaint said Lilly’s violations began after Stephen Fry, its senior vice president for human resources…
By Tom Hals WILMINGTON, Del. (Reuters) -Billionaire Elon Musk’s tendency to dish out insults while being questioned under oath will be tested anew this week, when lawyers for Twitter Inc are expected to interview the Tesla Inc CEO about his abrupt decision in July to ditch his $44 billion deal for the social media company….
By Thomas Escritt and Stine Jacobsen BERLIN/COPENHAGEN (Reuters) -Danish authorities on Monday asked ships to steer clear of a five nautical mile radius off the island of Bornholm after a gas leak overnight from the defunct Russian-owned Nord Stream 2 pipeline drained into the Baltic Sea. The German government said it was in contact with…
Starbucks said Monday that it wants to start contract negotiations next month at hundreds of U.S. stores that have voted to unionize. The Seattle coffee giant said it sent letters to 234 stores offering a three-week window in October to start negotiations. All of those stores — located in 36 states and the District of…
By Howard Schneider and Lindsay Dunsmuir WASHINGTON (Reuters) -U.S. Federal Reserve officials on Monday sloughed off rising volatility in global markets, from slumping U.S. stocks to currency turbulence abroad, and said their priority remained controlling domestic inflation. Asked at a Washington Post event whether he felt U.S. investors had taken an overly optimistic view of…
