China aiming for ‘global technological supremacy’, British cyber chief says

By James Pearson BELFAST (Reuters) – China is aiming for “global technological supremacy” in cyberspace and is using its cyber capabilities to conduct intelligence and surveillance campaigns, Britain’s cyber chief said on Wednesday. Lindy Cameron, director of the National Cyber Security Centre (NCSC), part of Britain’s GCHQ eavesdropping spy agency, said Britain had a “legitimate…

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Nasdaq profit beats expectations, helped by anti-financial crime unit

(Reuters) -Nasdaq Inc on Wednesday reported first-quarter profits that beat Wall Street estimates as demand for its anti-financial crime software helped mitigate a hit to the exchange operator’s indexing business and a slump in initial public offerings. Nasdaq expanded its regulatory technology footprint with its recent $2.75 billion Verafin acquisition and has made the business…

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US Supreme Court gives Turkey’s Halkbank another chance to avoid charges

By Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Wednesday gave Turkey’s state-owned lender Halkbank another chance to avoid criminal charges in the United States for allegedly helping Iran evade American economic sanctions, but rejected a key defense mounted by the bank. The justices in a 7-2 decision threw out a lower court’s ruling…

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GE’s largest union ratifies 2-year contract extension with wage hike

(Reuters) – General Electric Co’s workers have ratified a two-year contract extension that provides for a 12% rise in wages, their union said on Wednesday. The contract extension, which covers about 3,000 American workers of GE, will also ensure labor protections after the spinoff of the company’s aerospace and energy divisions, according to the International…

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Climate change thaws world’s northernmost research station

By Gloria Dickie and Lisi Niesner NY-AALESUND, Norway (Reuters) – At the world’s northernmost year-round research station, scientists are racing to understand how the fastest-warming place on Earth is changing – and what those changes may mean for the planet’s future. But around the tiny town of Ny-Aalesund, high above the Arctic circle on Norway’s…

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US economic activity little changed, Fed report shows

By Ann Saphir (Reuters) -U.S. economic activity was little changed in recent weeks as employment growth moderated somewhat and price increases appeared to slow, according to a Federal Reserve report published on Wednesday. “Expectations for future growth were mostly unchanged as well; however, two districts saw outlooks deteriorate,” the U.S. central bank said in its…

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Dollar gains on rising US yields, British inflation lifts pound

By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -The dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against the greenback after British inflation stayed above 10% in March and put more pressure on the Bank of England to keep raising rates. The dollar index, which tracks the currency against…

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Biden’s COVID vaccine rule for federal contractors was valid, US court rules

By Daniel Wiessner (Reuters) – President Joe Biden had the power to require employees of federal contractors to receive COVID-19 vaccinations, a U.S. appeals court ruled on Wednesday, throwing out a judge’s ruling that had blocked the mandate in Arizona. A panel of the San Francisco-based 9th U.S. Circuit Court of Appeals said the 2021…

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