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Mexican government suffers major data hack, president’s health issues revealed
Health

Mexican government suffers major data hack, president’s health issues revealed

MEXICO CITY, Sept 30 (Reuters) - The Mexican government said on Friday it had suffered a major cyber hack of data held by the armed forces, including details about President Andres Manuel Lopez Obrador's heart condition that led to his hospitalization in January.The president, speaking at a regular news conference, said information published in local media overnight from the hack of the Defense Ministry was genuine, and he confirmed revelations about his own health problems."It's true, there was a cyber hack," he said, saying that hackers had exploited a change in the military's IT systems.Register now for FREE unlimited access to Reuters.comRegisterAccording to media reports, the hack accessed six terabytes of data from the Defense Ministry, including information about criminal figures...
Amazon may have to tweak proposals for ending business practices probes, EU’s Vestager says
Business

Amazon may have to tweak proposals for ending business practices probes, EU’s Vestager says

Register now for FREE unlimited access to Reuters.comRegisterBRUSSELS, Sept 16 (Reuters) - Amazon (AMZN.O) may have to tweak its proposals to end two investigations into its business practices, EU antitrust chief Margrethe Vestager said on Friday following feedback from third parties on the issue.In July the U.S. online retailer said it would set up a data silo, preventing its retail arm from using data from its marketplace to make competing private label products. read more It will also end preferential treatment for itself and treat sellers equally when ranking their offers for the "buy box" on its website that generates the bulk of its sales.Register now for FREE unlimited access to Reuters.comRegisterVestager had given third parties until Sept. 9 to provide feedback before deciding...
Taxes can be key to social justice, pope tells business leaders
Business

Taxes can be key to social justice, pope tells business leaders

Pope Francis gestures during the meeting with the participants of the International Congress of Catechists at the Vatican, September 10, 2022. REUTERS/Remo CasilliRegister now for FREE unlimited access to Reuters.comRegisterVATICAN CITY, Sept 12 (Reuters) - Taxes are "an often misunderstood" tool of social justice and should not be seen as an example of a government overstepping its powers, Pope Francis told an audience of Italian business leaders on Monday.The Argentine-born pope spoke ahead of a general election on Sept. 25 in Italy, a country noted for endemic tax evasion, where a right-wing coalition promising major tax cuts is on course for a clear victory. read more "What taxes and duties are in the modern world and democracies is very important, [they are] an often misunderstood...
NewAge, seller of health and wellness products, files for bankruptcy in Delaware
Health

NewAge, seller of health and wellness products, files for bankruptcy in Delaware

Register now for FREE unlimited access to Reuters.comRegisterAug 30 (Reuters) - NewAge Inc (NBEV.O), a direct-to-consumer seller of health and wellness products, filed for bankruptcy on Tuesday and said it plans to sell itself, after disclosing material weaknesses in its financial reporting.The Midvale, Utah-based company and three affiliates sought Chapter 11 protection from creditors with the U.S. bankruptcy court in Delaware.Tuesday's filing came three weeks after the company received a default notice on a loan agreement.Register now for FREE unlimited access to Reuters.comRegisterNewAge said it had $310.9 million of assets and $149.4 million of debts as of the end of 2021.In a regulatory filing, NewAge said it received a $28 million bid from an entity known as DIP Financing LLC to b...
‘It felt like my insides were crying’: China COVID curbs hit youth mental health
Health

‘It felt like my insides were crying’: China COVID curbs hit youth mental health

HONG KONG, Aug 30 Reuters) - Zhang Meng had a breakdown last December. The 20-year-old found herself sobbing on the stairs of her dorm, driven to despair by repeated COVID lockdowns of her university campus in Beijing.The lockdowns had meant she was mostly confined to her room and unable to meet up with friends. There were also strict curbs on when she could visit the canteen or take a shower. Describing herself as someone who craves in-person social interaction, Zhang said the restrictions had "removed the safety net that was holding me up and I felt like my whole being was falling down".That month, she was diagnosed with major depression and anxiety.Register now for FREE unlimited access to Reuters.comRegisterYao, also 20 and who asked that his first name not be used, had his first br...
Ukraine war, energy crisis send German business sentiment to lowest level since June 2020
Business

Ukraine war, energy crisis send German business sentiment to lowest level since June 2020

The skyline with its financial district is photographed as the spread of the coronavirus disease (COVID-19) continues during an extended lockdown in Frankfurt, Germany, January 14, 2021. REUTERS/Kai Pfaffenbach/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterIndex falls for third month in a rowUkraine war, energy crisis weighs on business moraleIfo: Economy expected to shrink in Q3BERLIN, Aug 25 (Reuters) - German business morale in August fell to its lowest reading since June 2020 amid high uncertainty due to the Ukraine war, the resulting energy crisis and fears of an economic downturn in the third quarter, a survey said on Thursday.The Ifo institute's closely watched business climate index fell for a third consecutive month but less than expected to 88.5, from...
Russian politician detained for criticising Ukraine invasion
Politics

Russian politician detained for criticising Ukraine invasion

LONDON, Aug 24 (Reuters) - Russian opposition politician Yevgeny Roizman was shown being detained at his home in a video published on social media on Wednesday, in the latest move by authorities to punish critics of the war in Ukraine.Video of the arrest showed Roizman, former mayor of the Urals city of Yekaterinburg, being taken away by law enforcement officials.Roizman was seen in the video telling reporters that he was being investigated under a law against discrediting the armed forces. He said he was being arrested "basically for one phrase, 'the invasion of Ukraine'".Register now for FREE unlimited access to Reuters.comRegisterAsked where he had said that, he replied: "I've said it everywhere and I'll say it now."State news agency TASS cited Yekaterinburg security services as conf...
Former UK minister Gove backs Sunak, says he is quitting frontline politics – The Times
Politics

Former UK minister Gove backs Sunak, says he is quitting frontline politics – The Times

British Secretary of State for Housing and Communities Michael Gove arrives at 10 Downing street ahead of British Prime Minister Boris Johnson's weekly questions in parliament in London, Britain, June 15, 2022. REUTERS/Peter NichollsRegister now for FREE unlimited access to Reuters.comRegisterAug 19 (Reuters) - Former British cabinet minister Michael Gove on Friday endorsed Rishi Sunak for prime minister and announced an end of his frontline political career, he said in an op-ed in The Times.Gove wrotein the op-ed that he thinks Liz Truss' campaign for 10 Downing Street "has been a holiday from reality."He said Truss' proposed cuts to national insurance would favour the wealthy, and that he cannot see how safeguarding the stock options of FTSE 100 executives should ever take precedence ...
Trump signals he will testify in New York probe into business practices
Business

Trump signals he will testify in New York probe into business practices

Former U.S. President Donald Trump arrives at Trump Tower the day after FBI agents raided his Mar-a-Lago Palm Beach home, in New York City, U.S., August 9, 2022. REUTERS/David 'Dee' DelgadoRegister now for FREE unlimited access to Reuters.comRegisterAug 9 (Reuters) - Former U.S. President Donald Trump indicated he would testify on Wednesday in a New York investigation by the state's attorney general into his family's business practices, with the possible testimony coming amid a flurry of legal woes for him.New York State Attorney General Letitia James is conducting a civil investigation examining whether the Trump Organization inflated real estate values. Trump and two of his adult children, Donald Trump Jr. and Ivanka Trump, have agreed to testify.Trump has denied wrongdoing and called...
Indonesia, U.S. to hold military exercise amid heightened Indo-Pacific tensions
Fitness

Indonesia, U.S. to hold military exercise amid heightened Indo-Pacific tensions

U.S. Commanding General for the 7th Infantry Division Major General Stephen G. Smith speaks during a news conference ahead of the Super Garuda Shield 2022 joint excercise, at the U.S. embassy in Jakarta, Indonesia, July 29, 2022. REUTERS/Willy KurniawanRegister now for FREE unlimited access to Reuters.comRegisterJAKARTA, July 29 (Reuters) - Some 4,000 soldiers mostly from Indonesia and the United States will conduct a joint military exercise next week that underscores "the importance we place on a free and open Indo-Pacific region," a senior U.S. military official said on Friday.The annual "Super Garuda Shield" exercise, which the United States called "significantly larger in scope and scale than previous exercises", comes against a backdrop of heightened tensions with China over the la...