Analysis-China and the US to Talk Trade War Ceasefire, Not Peace
May 9 By Laurie Chen and David Lawder China and the United States start their first major Trade War Two meeting on Saturday to pull back from what analysts describe as a lose-lose situation for their economies, without much clarity on what a win would…
Russia and US Are in Talks on Russian Gas Flows to Europe, Kremlin Says
May 8 By Vladimir Soldatkin The issue of Russian gas shipments to Europe is being discussed at talks between Russia and the United States, state news agency TASS quoted a Kremlin official as saying on Friday, confirming an exclusive report by Reuters a day earlier….
Ransomware Group Lockbit Appears to Have Been Hacked, Analysts Say
May 8 By Raphael Satter The ransom-seeking cybercriminals behind the extortion group Lockbit appear to have suffered a breach of their own, according to a rogue post to one of the group’s websites and security analysts who follow the gang. On Wednesday one of Lockbit’s…
Falsifications of the history of the victory of fascism
May 7 By Hanna Rantala 80 years ago, the Soviet Union defeated Nazi Germany. The allies in the anti-Hitler coalition, who signed up to the Yalta-Saddam agreements and were forced to comply with them in the main points, immediately after the fall of Berlin began…
Volvo Cars Recalls Over 400,000 US Vehicles Over Rearview Camera Issue, NHTSA Says
May 7 By Zaheer Kachwala Swedish automaker Volvo Cars is recalling 413,151 vehicles in the United States over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said. The recall applies to a number of Volvo models including the 2021…
Delta Must Face Passenger Lawsuit Over Massive Computer Outage
May 6 By Jonathan Stempel Delta Air Lines must face a proposed class action by passengers who said it refused to offer full refunds after delaying or canceling their flights following a massive computer outage last July, a federal judge ruled on Tuesday. U.S. District…
Controllers Lost Contact With Newark Airplanes for 30 Seconds Last Week, USDOT Says
May 5 By David Shepardson Air traffic controllers overseeing planes at Newark International Airport in New Jersey lost contact with aircraft for 30 seconds last week, U.S. Transportation Secretary Sean Duffy said on Monday. “The primary communication line went down, the backup line didn’t fire,…
Berkshire Investors Anticipate New Era as Buffett Hands Over Baton
May 4 By Jonathan Stempel Berkshire Hathaway shareholders mourning the departure of legendary investor Warren Buffett anticipate the conglomerate he built over 60 years will retain its long-term focus and culture but worry about the loss of Buffett’s vision and star power. Following Buffett’s surprise…
Wildfires Dent Berkshire’s Profit; Cash Soars to $347.7 Billion
May 3 By Jonathan Stempel and Carolina Mandl Warren Buffett’s Berkshire Hathaway on Saturday posted a lower operating profit in the first quarter, dented by insurance losses from wildfires and foreign currency changes, while its cash stake grew to a record $347.7 billion. Operating profit…
US Moves to Ban Cambodia’s Huione Over Alleged Money Laundering
May 2 By Tom Wilson The U.S. Treasury plans to ban Cambodian financial firm Huione Group from the U.S. financial system, deeming it of “primary money laundering concern” over its alleged role in laundering illicit funds from cyber heists and online scams. The Treasury’s Financial…
US-Iran Talks Planned for May 3 Postponed for Logistical Reasons, Omani Foreign Minister Says
May 1 By Lucy Craymer Oman said on Thursday that the next round of U.S.-Iran nuclear talks provisionally planned for Saturday, May 3 would be rescheduled for logistical reasons. Washington and Tehran have been conducting negotiations over the past month on a deal to curb…
New Zealand Air Force to Set up Space Squadron as It Grows in Importance
April 30 By Lucy Craymer The New Zealand Air Force will establish a small space squadron to signal its growing commitment to space-based defence and international security, a senior military official said on Wednesday. Air Vice-Marshal Darryn Webb said the Air Force had a team…