Colonial Pipeline’s website down amid cyber attack
Colonial Pipeline’s website was down on Tuesday as the operator of the largest fuel pipeline in the United States deals with a cyber-security attack that shut its entire network.
Indonesia considers plan to tax trade in cryptocurrencies
Indonesia is considering a plan to tax the trading of cryptocurrencies after a surge in popularity among local investors, a tax official said on Tuesday. The Southeast Asian country has been seeking to shore up state revenues amid the coronavirus pandemic, though Neilmaldrin Noor, a spokesman at Indonesia’s tax office, said a tax scheme for […]
Philippines records first two cases of Indian coronavirus variant
The Philippines has detected its first two cases of a coronavirus variant first identified in India, its health ministry said on Tuesday.
Australia’s Victoria on alert after first COVID-19 case in two months
Australia’s second most populous state reported a locally acquired COVID-19 case for the first time in more than two months on Tuesday, sending authorities scrambling to find the source of the infection amid concern about a new outbreak.
Explainer: How Malaysia is seeking to recover billions of dollars missing from 1MDB
Malaysia on Monday announced 22 civil suits against entities and people accused of being involved with the massive 1MDB corruption scandal, including units of global banks Deutsche Bank (DBKGn.DE) and JPMorgan (JPM.N). read more The lawsuits are part of a years-long effort by Malaysia to recover billions of dollars missing from 1Malaysia Development Berhad (1MDB) in a scandal that […]
UK government lowers NatWest stake with $1.5 bln share sale
The British government has completed the sale of 1.1 billion pounds ($1.55 billion) in shares of NatWest (NWG.L), lowering its stake in the lender it bailed out over a decade ago to below 55%.
Virgin Galactic ‘evaluating’ timeline for next flight test, shares drop
Billionaire Richard Branson’s Virgin Galactic Holdings Inc (SPCE.N) said on Monday it was evaluating the timing of its next flight test, sending shares down 9.4% in extended trade. “Following Eve’s last post slide inspection, we tagged a potential wear and tear issue as requiring further evaluation and analysis to see if any additional action is necessary,” said […]
Lufthansa extends feeder flight agreement with Condor until May 2022
Lufthansa (LHAG.DE) will extend until May 2022 an agreement that allows passengers of smaller rival Condor to use Lufthansa feeder flights as part of their journey to holiday destinations, a spokesman for the company said on Tuesday. Condor has complained that Lufthansa abused its market dominance when it cancelled the agreement. read more Our Standards: The Thomson Reuters Trust […]
EXCLUSIVE Foxconn’s iPhone output in India down amid COVID surge-sources
Production of the Apple iPhone 12 (AAPL.O) at a Foxconn (2317.TW) factory in India has slumped by more than 50% because workers infected with COVID-19 have had to leave their posts, two sources told Reuters.
India’s seven-day COVID average at new high, WHO issues warning on strain
India’s coronavirus crisis showed scant sign of easing on Tuesday, with a seven-day average of new cases at a record high and international health authorities warning the country’s variant of the virus poses a global concern.
