EU draft rules propose tougher cybersecurity labelling rules for Amazon, Google, Microsoft

By Foo Yun Chee BRUSSELS (Reuters) – Amazon, Alphabet’s Google, Microsoft and other non-European Union cloud service providers looking to secure an EU cybersecurity label to handle sensitive data can only do so via a joint venture with an EU-based company, according to an EU draft document seen by Reuters. U.S. tech giants and others…

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Coinbase ex-manager sentenced to 2 years in prison in US insider trading case

By Jody Godoy NEW YORK (Reuters) -Ishan Wahi, a former Coinbase Global Inc product manager, was sentenced on Tuesday to two years in prison in what U.S. prosecutors have called the first insider trading case involving cryptocurrency. U.S. District Judge Loretta Preska sentenced Ishan Wahi, 32, in Manhattan federal court after the defendant pleaded guiltyin…

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Events leading up to Donald Trump sexual abuse verdict

By Jonathan Stempel (Reuters) – Here is a timeline of writer E. Jean Carroll’s lawsuit against Donald Trump that culminated on Tuesday with jurors finding that he sexually abused and defamed her and awarding her $5 million in damages. June 2019 – E. Jean Carroll publishes an excerpt from her memoir, “What Do We Need…

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Russia’s war on Ukraine latest: Moscow marks Victory Day with new attacks on Ukraine

(Reuters) – Russia fired cruise missiles at Kyiv and paraded troops across Red Square for its annual celebration of victory in World War Two, pared back amid shortages of manpower and weaponry at the front after a failed winter campaign in Ukraine. SYMBOLIC DAY * President Vladimir Putin said Russians were united in a “sacred”…

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Lula pick for Brazil central bank key role says he doesn’t always agree with governor

BRASILIA (Reuters) -Brazil’s executive secretary of the Finance Ministry, Gabriel Galipolo – who is due to be nominated for a key role at the country’s central bank – said on Tuesday he has good relations with central bank Governor Roberto Campos Neto but does not always agree with him. Speaking to reporters, Galipolo also said…

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ECB’s Schnabel sees more rate hikes until core inflation declines too

FRANKFURT (Reuters) – The European Central Bank will keep raising borrowing costs until it sees core inflation decline sustainably, ECB board member Isabel Schnabel said on Tuesday, adding market expectations for rate cuts were misplaced. Schnabel backed the ECB’s decision last week to slow down the pace of rate hikes but said these will continue…

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