September 13, 2021 WASHINGTON (Reuters) – Washington, D.C., has broadened its antitrust lawsuit against Amazon to challenge the online retailer’s agreements with wholesalers as well as third-party sellers, city Attorney General Karl Racine’s office said on Monday. The city sued Amazon in May alleging its requirements barred third-party sellers from selling elsewhere for less than […]
Britain’s Prince Andrew to challenge U.S. court jurisdiction in accuser’s lawsuit
September 13, 2021 NEW YORK (Reuters) -Britain’s Prince Andrew plans to challenge a U.S. court’s jurisdiction over a civil lawsuit by a woman who accused him of sexually assaulting and battering her two decades ago, according to a Monday court filing. In the filing with the U.S. District Court in Manhattan, a lawyer for Andrew […]
Explainer-Lebanon’s Mikati faces tricky path to safe economic ground
September 13, 2021 By Maha El Dahan BEIRUT (Reuters) – Lebanon’s new government has vowed to tackle one of the worst economic meltdowns in history. The path it must take includes reforms mapped out by donor states and institutions such as the World Bank and International Monetary Fund which have repeatedly said they will unlock […]
U.N. faces rival claims for Myanmar seat, doubts over Afghanistan
September 13, 2021 By Michelle Nichols UNITED NATIONS (Reuters) – The United Nations is faced with rival claims to Myanmar’s seat at the 193-member world body as the ruling junta seeks to cement its coup with international legitimacy by ousting the U.N. ambassador appointed by Aung San Suu Kyi’s elected government. Ahead of the annual […]
Former Brazilian central banker to head IMF’s Western Hemisphere dept
September 13, 2021 NEW YORK (Reuters) – Former Brazilian central bank chief Ilan Goldfajn will become the head of the International Monetary Fund’s Western Hemisphere department starting next year, the IMF’s director announced on Monday. “I am delighted that Ilan will join our team as the new (Western Hemisphere) Director,” Kristalina Georgieva, the IMF’s managing […]
GM invests in radar software startup Oculii as demand for automated driving features rise
Oculii, a software startup that aims to improve the spatial resolution of radar sensors by up to 100-fold, has scored a new investment from General Motors. The new funding, which the two companies say is in the millions, comes just months after Oculii closed a $55 million Series B. Oculii and GM have already been […]
The past, present and future of IoT in physical security
Fredrik Nilsson Contributor Share on Twitter Fredrik Nilsson is the vice president of the Americas for Axis Communications, overseeing the company’s operations in North and South America and serving on the global management team. When Axis Communications released the first internet protocol (IP) camera after the 1996 Olympic games in Atlanta, there was some initial […]
Global stock markets slip on inflation, tax and regulation worries
September 13, 2021 By Sujata Rao and Elizabeth Dilts Marshall NEW YORK (Reuters) – World stock markets edged lower on Monday on inflation worries, as well as tax and regulatory pressures on the world’s biggest companies. Leading Democrats in the U.S. House of Representatives said on Monday they are seeking to raise the tax rate […]
Oil, banks lift European stocks on recovery bets
September 13, 2021 By Sruthi Shankar (Reuters) -European stocks rose on Monday, with oil, banks and utility shares driving gains as investors hoped that a strong euro zone economic recovery would outweigh risks from a global slowdown. The pan-European STOXX 600 index was up 0.4% after hitting a three-week low last week. Asian stocks, however, […]
Biden to tap Georgetown law professor for FTC — sources
September 13, 2021 WASHINGTON (Reuters) – President Joe Biden is set to nominate a Georgetown law professor and privacy advocate to serve on the Federal Trade Commision, three sources briefed on the matter told Reuters. Alvaro Bedoya, the founding director of the Center on Privacy & Technology at Georgetown Law, is also a former chief […]
Raducanu says Grand Slam triumph pleased her ‘tough’ parents
September 13, 2021 NEW YORK (Reuters) – British teenager Emma Raducanu, who stunned the tennis world with her improbable U.S. Open success, said on Monday during a whirlwind media tour that her accomplishment not only took her by surprise but also satisfied her hard-to-please parents. The 18-year-old beat Canada’s Leylah Fernandez, 19, on Saturday to […]
U.S. House Democrats seek to end cap on state, local tax deduction
September 13, 2021 WASHINGTON (Reuters) – Democrats in the U.S. House of Representatives on Monday said they were continuing to work on legislation that would “undo” a cap on state and local tax deductions imposed by Republicans’ 2017 tax reform law. “We are committed to enacting a law that will include meaningful SALT relief that […]
Epic Games appeals last week’s ruling in antitrust battle with Apple
Fortnite maker Epic Games is appealing last week’s ruling in its court battle with Apple, where a federal judge said Apple would no longer be allowed to block developers from adding links to alternative payment mechanisms, but stopped short of dubbing Apple a monopolist. The latter would have allowed Epic Games to argue for alternative […]
No ‘magic wand’ to fix Lebanon crisis, new prime minister says
September 13, 2021 By Maha El Dahan BEIRUT (Reuters) -Lebanon’s new Prime Minister Najib Mikati, who took office last week promising to revive IMF talks to unlock aid, said on Monday there was no time to lose and no easy path to tackle one of history’s worst economic meltdowns. The new government, formed after more […]
Lebanon tribunal secures funding to hold Hariri case appeal
September 13, 2021 THE HAGUE (Reuters) – The Special Tribunal for Lebanon said on Monday it has secured enough funding to hear the appeal of its main case, centering on the 2005 assassination of Prime Minister Rafik Hariri, which will start Oct. 4. Three months ago the United Nations-backed international tribunal, located near The Hague, […]
BitSight raises $250M from Moody’s and acquires cyber risk startup VisibleRisk
BitSight, a startup that assesses the likelihood that an organization will be breached, has received a $250 million investment from credit rating giant Moody’s, and acquired Israeli cyber risk assessment startup VisibleRisk for an undisclosed sum. Boston-based BitSight says the investment from Moody’s, which has long warned that cyber risk can impact credit ratings, will […]
“We want to increase investment in Germany”, FDP leader says
September 13, 2021 By Tanja Daube and Alexander Ratz BERLIN (Reuters) – Germany’s Free Democrats, potential kingmakers in coalition talks after a Sept. 26 election, want to boost investment, their leader told Reuters on Monday, lowering the hurdles to a three-way coalition with the centre-left Social Democrats and Greens. FDP leader Christian Lindner said his […]
Lithuania to fence first 110 km of Belarus border by April
September 13, 2021 (Corrects name of military base to Adazi, not Ainazi) ADAZI MILITARY BASE, Latvia (Reuters) – The Lithuanian government said on Monday work would start this month on the first section of fence along the Belarus border aimed at keeping out migrants, a 110 km (70 miles) stretch topped with razor wire that […]
N.Korea tests first ‘strategic’ cruise missile with possible nuclear capability
September 13, 2021 By Hyonhee Shin and Josh Smith SEOUL (Reuters) -North Korea carried out successful tests of a new long-range cruise missile over the weekend, state media said on Monday, seen by analysts as possibly the country’s first such weapon with a nuclear capability. The missiles are “a strategic weapon of great significance” and […]
Russian mobile users struggle to make AppStore downloads before election
September 13, 2021 MOSCOW (Reuters) – Some Russian mobile users were unable to download updates from the AppStore on Monday and Apple reported an outage, as the authorities sought to block a banned tactical voting app ahead of parliamentary elections this week. The Kremlin is cracking down on online resources linked to jailed opposition politician […]