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A Ukrainian service member inspects destroyed Russian military vehicles OSLO — Sweden will send more anti-tank weapons and machine guns to Ukraine, Sweden’s Defense Ministry said on Thursday. The arms package, which also includes equipment for mine clearing, is valued at around 500 million Swedish crowns ($49 million), it added. ($1 = 10.2204 Swedish crowns) RELATED STORIES If Putin was a woman, there would be no Ukraine war—UK’s Johnson Ukrainian troops in Britain to use advanced rocket systems Putin: Russia will respond if Nato sets up infrastructure in Finland, Sweden War in Ukraine: Latest developments Subscribe to our daily newsletter … [Read more...] about Sweden to send more anti-tank weapons, machine guns to Ukraine

Reuters Seoul, South Korea   ● Thu, June 30, 2022 2022-06-30 14:05 0 76b99ae81be4b2e052851b8c9666350f 2 Asia and Pacific cryptocurrency,North-Korea,kim-jong-un,hacker,US,blockchain Free North Korean hackers are most likely behind an attack last week that stole as much as $100 million in cryptocurrency from a US company, three digital investigative firms have concluded. The cryptoassets were stolen on June 23 from Horizon Bridge, a service operated by the Harmony blockchain that allows assets to be transferred to other blockchains. Since then, activity by the hackers suggests they may be linked to North Korea, which experts say is among the most prolific cyber attackers. UN sanctions monitors says Pyongyang uses the stolen funds to support its nuclear and missile programmes. The style of attack and high velocity of structured payments to a mixer - used to obscure the origin of funds - is similar to previous attacks that were attributed to North … [Read more...] about North Korea may be behind $100 million cryptocurrency hack

Pesident Rodrigo Roa Duterte at the Reception hall of Malacañan Palace before the presentation of credentials of Ambassadors from Bangladesh, Vietnam and Egypt. INQUIRER PHOTO/JOAN BONDOC Despite earlier misgivings, President Duterte signed on Tuesday the Paris Agreement detailing commitments to deal with climate change. Mr. Duterte submitted to the Senate the instrument of accession, dated Feb. 28, for ratification. “After examining the text thereof, I find it advisable to accede to the Paris Agreement and seek the Senate’s concurrence thereto,” he said. The Paris Agreement aims to strengthen the global response to the threat of climate change by keeping the global average temperature rise this century to well below 2 degrees Celsius above preindustrial levels. The pact also seeks to pursue efforts to limit the temperature increase to 1.5 C above preindustrial levels. The Philippines earlier pledged a 70-percent cut in emissions by 2030. On Wednesday afternoon, … [Read more...] about Duterte finally signs Paris Agreement on climate change

Share to Twitter Share to Linkedin Topline Home retailer Bed Bath & Beyond announced Wednesday the ouster of its chief executive Mark Tritton on the back of disappointing earnings, sending shares of the company tumbling and capping a disastrous stretch for the home retailer. Key Facts Bed Bath & Beyond also announced earnings for the first quarter of its 2022 fiscal year Wednesday that fell well short of analyst expectations: its $2.83 loss per share in the three-month period ending May 28 was far worse than the $1.39 analyst average, according to Refinitiv. Sales for the quarter were down 25% compared to the same period last year. Tritton had been the company’s CEO since 2019, and his exit is effective immediately. Bed Bath & Beyond said its interim CEO will be Sue Gove, an independent director on the company’s board, who said in a statement the company “must deliver improved results.” Shares of Bed Bath & … [Read more...] about Bed Bath & Beyond Replaces CEO, Falls Short On Earnings

Share to Twitter Share to Linkedin Topline Conservative activist Ginni Thomas, wife of Supreme Court Justice Clarence Thomas, will not testify to the House January 6 Committee as of now, her lawyer told the committee in a letter Tuesday, following a string of reports suggesting the justice’s wife supported efforts to overturn the 2020 presidential election—including corresponding with Trump attorney John Eastman —that her attorney claims are being blown out of proportion. Key Facts The House January 6 Committee has obtained email correspondence between Thomas and Eastman, the Washington Post first reported on June 15, as part of a tranche of documents a judge forced Eastman to turn over to the committee regarding his efforts to help Trump overturn his election loss. The Post reported the emails “show that Thomas’s efforts to overturn the election were more extensive than previously known” but did not give any details about their … [Read more...] about Ginni Thomas Won’t Testify to Jan. 6 Committee, Lawyer Says — Here’s What We Know About Her Efforts To Overturn The Election

- A + A (June 30): It was an unusually frigid December weekend when Cheng Wei summoned his inner circle to his Beijing office. The founder of Didi Global Inc, dressed entirely in black, told his lieutenants to slash spending by a fifth in 2022 and begin layoffs after staff return from Lunar New Year vacations. He delivered his bombshell flanked by a giant Powerpoint slide that read: “Don’t live with illusions. Face reality.” “We had a tough year,” said the reserved billionaire known as Will, who that day seemed even gloomier than normal, according to people briefed on the gathering. “But next year will be even tougher.” That sombre gathering encapsulated what many in the room already suspected — the ride-hailing champion once feted for running Uber Technologies Inc out of China was no more. In its place was a defeated shell worth a fifth of its value at the peak, bleeding users, blocked from raising funds for cherished projects — and whose executives were constantly … [Read more...] about Inside Didi’s US$60b crash that changed China tech forever

- A + A MOSCOW (June 30): Western fashion brands are conspicuous by their absence at a gleaming new shopping centre on the outskirts of Moscow - and customers say they scarcely miss them. Following Moscow's decision to send thousands of troops into Ukraine at the end of February, international fashion brands from Adidas to Zara have paused operations in Russia, while Nike is one of the handful to commit to a definitive exit from the market. "I am neutral on this, whether we have them or not," shopper Alexandra Moskunova told Reuters at the mall in Khovrino. "I can happily do without them." Another customer, Irina Stakhanova, said: "I only really liked H&M and another one that I can't remember. It's not that I need foreign things, I just need something that fits me and looks good, to lift the mood." There are few overt signs in the Russian capital that the mood needs lifting. Buskers sing and play, restaurant terraces spill onto the pavement and, as … [Read more...] about Moscow mall opens for Russian business after big brand exodus

- A + A KUALA LUMPUR (June 30): Bursa Malaysia erased gains made earlier on Thursday (June 30) to end at its intraday low following heavy selling in the last 10 minutes of trading, an analyst said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) lost 0.5%, or 7.26 points, to finish at 1,444.22 from Wednesday's close of 1,451.48. The benchmark index, which opened 4.02 points better at 1,455.5, moved between 1,444.22 and 1,460.3 throughout the day. Overall market breadth was negative with losers outpacing gainers 520 to 327, while 396 counters were unchanged, 1,039 untraded, and 65 others suspended. Total turnover narrowed to 2.26 billion units worth RM1.97 billion from 2.37 billion units valued at RM1.77 billion on Wednesday. Rakuten Trade Sdn Bhd vice president of equity research Thong Pak Leng said regionally, key indices also finished broadly lower following negative cues from Wall Street overnight. The Nikkei 225 in Tokyo declined after Japan’s May … [Read more...] about Bursa ends at day’s low on heavy last-minute selling

Roe v. Wade is no more, but this is not 1972, the year before it was passed. In some ways, it’s even worse. advertisement advertisement When the Supreme Court ruled last week that banning abortion is not unconstitutional, abortion immediately became illegal in several states with “trigger laws” primed to take effect with just such a ruling. It’s about to become illegal in several more states in which previously passed laws restricting abortion had been blocked by federal courts. Millions of people are about to lose access to safe, legal abortions, and those who provide abortion access or support will face consequences ranging from civil suits to arrest in some states. These are grim times for abortion access. And the forecast is even more grim because we now live in an era of unprecedented digital surveillance. I’ve spent most of my career helping to protect activists and journalists in authoritarian countries, where it is often wise to think … [Read more...] about Now that ‘Roe’ has been overturned, it’s up to the tech industry to protect our data

This photo, captured from a clip from North Korea`s Central TV, shows an anti-American youth rally in Pyongyang on June 25, 2022, with a propaganda painting depicting North Korean ICBMs striking the U.S. Capitol. The rally took place on the occasion of the 72nd anniversary of the Korean War. | Yonhap via The Korea Herald/Asia News Network SEOUL — North Korea on Wednesday accused South Korea, the United States and Japan of gearing up to establish an “Asian version of Nato,” claiming that the recent move to step up trilateral military exercises is a “dangerous prelude” to that end. North Korea denounced the US for “heating up military cooperation with its puppets while neglecting the fundamental security demand and concerns in the Asia-Pacific region,” in a Korean-language article carried by the external-oriented Korean Central News Agency. “The move aims to realize the US-Japan-South Korean triangular military alliance, which is the US’ long-cherished dream, to complete its … [Read more...] about North Korea denounces US, key allies for seeking to build ‘Asian Nato’