Swiss investor group lawsuit to seek compensation over UBS-Credit Suisse deal
ZURICH A Swiss investors' association is planning to file a lawsuit seeking compensation for former Credit Suisse shareholders,
2023-07-17 18:48
Jude Bellingham names two Real Madrid teammates helping him learn Spanish
Jude Bellingham names the two Real Madrid players helping him to learn Spanish and opens up on the quality of veteran midfielder Toni Kroos.
2023-07-17 18:29
Is the wild ride over? Fed faces broader debate as it tees up rate hike
By Howard Schneider WASHINGTON Since the Federal Reserve decided to keep interest rates on hold at its June
2023-07-17 18:28
Russia moves to ban iPhones for government officials over US spying fears
Russia is set to ban iPhones for government officials and state employees after accusing Apple of helping the US government conduct espionage operations. Government officials at Russia’s trade ministry will be banned from using iPhones and other Apple products for “work purposes” from July 17, the Financial Times reported. The trade ministry’s ban includes emailed correspondence relating to work activities, said its deputy head Vasily Osmako. The digital development ministry said it will follow suit, while state-owned company Rostec, which is under Western sanctions, said it has already introduced a ban on Apple products. It comes after the Kremlin told officials to stop using Apple products in March, citing fears they were vulnerable to US hacking. “Officials truly believe that Americans can use their equipment for wiretapping,” Andrey Soldatov, a Russia security and intelligence services expert, told the Financial Times. Russia’s Federal Security Service claimed in June it had uncovered a “spying operation by US intelligence agencies using Apple devices”. However, the FSB provided no evidence. The security service claimed several thousand iPhones with Russian SIM cards or registered with Moscow diplomatic missions in Nato countries were “infected” with monitoring software that indicated Apple’s “close co-operation” with the US National Security Agency. “Everyone in the presidential administration is aware that the iPhone is a completely transparent device and its use for official purposes is unacceptable and prohibited,” Dmitry Peskov, president Putin’s spokesperson, said last month. Apple has denied working with US intelligence services. The tech company said it “has never worked with any government to build a backdoor into any Apple product, and never will”. The ban will not impact regular consumers. Apple pulled out of Russia following last year’s invasion of Ukraine. However, Apple products continue to be imported to Russia from other countries. Read More Calls for security review after Briton arrested in Germany accused of spying for Russia Huawei: Why are western governments worried about China's technology powerhouse? Privacy: Why the iPhone battery spying trick shows that everyone needs to care about being snooped on
2023-07-17 18:27
Morgan Stanley cuts China's 2023 and 2024 growth forecasts
LONDON Morgan Stanley revised down its China 2023 economic growth forecast by 0.7 percentage points to 5% on
2023-07-17 18:27
Netflix shielded from Hollywood strike by global crew, strong pipeline
By Samrhitha A Netflix investors will assess risks from the ongoing strike in Hollywood when the company reports
2023-07-17 18:18
German economy may disappoint as sentiment worsens - Bundesbank
FRANKFURT The German economy may shrink by more this year than expected only a few weeks ago despite
2023-07-17 18:17
UK sanctions Russian culture, education ministers
LONDON The British government said on Monday it had added 14 new designations under its Russian sanctions regime,
2023-07-17 18:17
Russia says Ukraine grain deal 'has been terminated'
Russia said Monday it was suspending its participation in a crucial deal that allowed the export of Ukrainian grain, once again raising fears over global food supplies and scuppering a rare diplomatic breakthrough to emerge from Moscow's war in Ukraine.
2023-07-17 18:15
Gilbert Deya: Kenyan 'miracle babies' pastor acquitted of child trafficking
Televangelist Gilbert Deya was accused of stealing five children two decades ago.
2023-07-17 18:15
Israel's governing coalition presses ahead with plan to overhaul courts ahead of expected protests
Israel’s governing coalition is pushing ahead with a contentious plan to overhaul the country’s judiciary
2023-07-17 17:56
Futures lackluster as investors wait for more earnings
U.S. stock index futures were subdued on Monday after last week's gains, as investors geared up for quarterly
2023-07-17 17:54
