Social Financial News
21.08 / 11:25
Citi
Man
social
information
reports
Investigations
Pakistan police charge man with cyber terrorism over misinformation that led to riots in UK
cyber terrorism for his alleged role in spreading misinformation that led to widespread rioting in the U.K. earlier this month, a senior police investigator said Wednesday. The suspect was identified as Farhan Asif, 32, a freelance web developer, said Imran Kishwar, deputy inspector general of investigations in Lahore, the capital of eastern Punjab province. The man is accused of spreading misinformation from YouTube and Facebook about the British teenage suspect in a stabbing attack that killed three girls and injured 10 other people July 29 at a dance class in Northwest England.
21.08 / 10:25
Target
economy
community
cover
social
consequences
Destinations
Powell has his task cut out: He must restore confidence in the Fed
Also read: Wall Street today: US stocks mixed, Fed minutes & Jackson Hole in focus While the sudden and large price dislocations were reversed, the unsettling episode felt like a warning of the inherent instability of the financial system. The insecurity was accentuated by what happened in the analyst community. Some well-known Wall Street analysts and observers of finance urged the Fed to immediately implement an emergency intra-meeting rate cut—a move that I argued was unnecessary and potentially harmful.
21.08 / 08:27
COST
Platform
Boxing
country
social
reports
Growth of e-commerce through predatory prices is a concern for small retailers: Piyush Goyal
Commerce and Industry Minister, Piyush Goyal raised concern about the functioning of the E-commerce sector, saying that E-commerce is eating into the small retailers by giving heavy discounts on products. Goyal charged E-commerce players with predatory pricing and not giving a level playing field to small retailers. Speaking at an event for the Report Launch on 'Net Impact of E-Commerce on Employment and Consumer Welfare in India Goyal said, «What does e-commerce do we all think that?, they are making things so much cheaper. If I go to a store and buy a five-star chocolate or a box of chocolates, It's going to cost me 500 rupees. I can get it delivered on e-commerce for 350 rupees. It's because that's the item that had the largest margin. E-commerce is eating into the small retailers, high value, high margin products, which are the only products through which it survives.»
21.08 / 07:00
Action
Freedom
show
social
Department
Videos
peace
'Panchayat' Pigeon scene comes alive in Chhattisgarh. Now SP wants disciplinary action. Watch viral video
pigeon, released as a symbol of peace, failed to fly off. The incident occurred during a ceremony attended by local officials and was quickly compared to a scene from the popular web series Panchayat.
21.08 / 06:31
markets
Platform
Mobile
Remark
country
social
reports
Growth of e-commerce in India 'matter of concern, nothing to be proud of', says Piyush Goyal
Piyush Goyal on Wednesday expressed concerns over the rapid expansion of e-commerce firms in India, describing it as a «matter of concern» rather than an achievement. Speaking at an event for the launch of a report on the 'Net Impact of E-Commerce on Employment and Consumer Welfare in India', Goyal raised questions about the potential social disruption that might follow this surge. «Are we going to cause huge, social disruption with this massive growth of e-commerce? I don't see it as a matter of pride that half our market may become part of the e-commerce network 10 years from now; it is a matter of concern,” Goyal remarked.
21.08 / 05:34
community
President
country
social
Courts
rights
BSP extends support to Bharat Bandh against top court order on sub-classification of SCs
Bahujan Samaj Party on Wednesday extended support to the day-long Bharat Bandh called by some Dalit and Adivasi groups to protest against the Supreme Court's recent verdict on the sub-classification of Scheduled Castes (SCs). The party also accused the BJP and the Congress of colluding to end reservation. It said these parties and others should understand the necessity of reservation and not play with it. «BSP supports the Bharat Bandh because there is anger and resentment against the Supreme Court's August 1 decision regarding the sub-classification of SC/ST and the creamy layer among them due to the conspiracy against reservation by parties like BJP and Congress and their collusion to make it ineffective and eventually end it,» BSP president Mayawati said in a post in Hindi on X. «In this regard, the people of these classes will submit a memorandum to the government today as part of the Bharat Bandh and strongly demand that the changes made in reservation be abolished through a constitutional amendment...,» she said.
20.08 / 22:03
UPS
Fox
President
show
social
reports
Did Kamala Harris's tan suit at the DNC echo Barack Obama's 2014 controversy?
Kamala Harris attracted attention for her outfit choice rather than her beliefs. Reminiscent of former President Barack Obama's famous fashion moment, the Vice President showed up in a tan suit with a white top. Obama, who typically wore navy or black suits, caused a stir in 2014 when he showed up for a press conference on ISIS wearing a similar tan suit—a decision that some felt was unsuitable for such a serious event, as per the reports of The U.S Sun.
20.08 / 20:19
20.08 / 20:04
Citi
Justice
country
social
Courts
rights
Investigations
X announces suspension of Brazil operations, alleging ‘censorship orders’ from Supreme Court justice
Social media company X says it will close its operations in Brazil, claiming Brazilian Supreme Court Justice Alexandre de Moraes threatened to arrest their legal representative in Brazil if they did not comply with orders
20.08 / 19:57
20.08 / 19:57
Platform
Entertainment
security
voice
social
hospital
Videos
Las Vegas hospitality workers at Venetian reach tentative deal on first-ever union contract
Thousands of hospitality workers on the Las Vegas Strip have reached a tentative deal with the Venetian and Palazzo resorts
20.08 / 19:45
Justice
DAL
social
Department
rowing
UPSC drops lateral-entry drive amid quota row
central government departments through lateral entry following a request from the Centre, which was forced to take the step following backlash from both BJP allies and Opposition. They had dubbed the move «anti-reservation». A day after Opposition and BJP allies — Chirag Paswan and Janata Dal (United) — expressed concerns over the issue of lateral entry, Union minister of state for personnel Jitendra Singh wrote to UPSC chairperson Preeti Sudan, urging her to cancel the advertisement. In the letter, Singh said that for Prime Minister Narendra Modi reservation in public employment is a cornerstone of «our social justice framework», aimed at addressing historical injustices and promoting inclusivity.
20.08 / 19:13
Platform
country
social
travelers
International
CBSA says ‘partial systems outage’ affecting airport services
The Canada Border Services Agency (CBSA) said Tuesday a “partial systems outage” was impacting customs services at airports across the country.
20.08 / 18:00
20.08 / 16:53
Bill
Bloomer
Diversity
social
reports
International
yachting
Jonathan Bloomer and others missing after superyacht Bayesian sinks in storm off Sicily
Jonathan Bloomer, Chairman of Morgan Stanley International, is reported missing following the sinking of the superyacht Bayesian. Also missing are Mike Lynch, the yacht's owner, his 18-year-old daughter Hannah, and Chris Morvillo, a lawyer at Clifford Chance. Italian authorities confirm their disappearance, as reported by The Times. The Bayesian, a 56-meter superyacht, sank early Monday morning off the coast of Sicily. The vessel, which had been anchored near Porticello, was struck by a tornado. Initial assessments suggest that the yacht's large aluminum mast may have contributed to its instability and subsequent sinking, as per the reports of Yahoo news.
20.08 / 16:09
Citi
WhatsApp
Food
country
social
reports
Investigations
Major Canada city pauses controversial worker program after accusations of promotion of slavery
Canada, has temporarily suspended the entry of new temporary foreign workers for low-wage jobs in the Montreal area. As a result, applications for jobs in the Montreal area paying less than $27.47 per hour will be paused for six months, starting September 3. The decision will not apply to the construction, agriculture, food processing, education and social services sectors. This comes after the country's temporary foreign worker program was described as a 'breeding ground for contemporary forms of slavery' in a report by UN investigator Tomoya Obokata, according to an article in Canada's leading daily, the Globe and Mail.
20.08 / 15:52
UPS
security
social
information
reports
recommendations
prevention
A significant data breach that occurred last week at National Public Data
data breach last week. Cybercriminals gained access to the personal information, including Social Security numbers, of billions of Americans in the shocking and harrowing data breach at National Public Data last week. It is alleged that the breach contains data dating back at least thirty years, and the fact that Social Security numbers are among the data has sparked a lot of privacy concerns. Are you pondering if it affected you and were you also among the victims? Here's how to ascertain it.
20.08 / 13:59
security
community
social
information
reports
Investigations
peace
Manipur issues warning: Will prosecute anyone spreading baseless, unfounded content via media
Manipur government has warned that anybody without exception shall be prosecuted under relevant provisions of laws of the land, if found involved in spreading such unfounded and baseless contents through any media or posting and sharing of such contents, which will escalate law and order issues in the State and derail the efforts put so far toward bring normalcy and peace in the State. The state government in statement stated It is to bring to the information of General Public that except for some very low Scale sporadic incidents, the law-and-order situation in the State has improved in the last 3-4 months with relentless efforts of the State and Central Governments and there is no large-scale confrontation. In this regard, State Government appreciates the efforts put by Security Agencies including both Central and State Forces.Unfortunately, the State Government had to issue Press Release dated 07-08 2024 on the viral doctored audio clips meant to incite communal violence and derail various peace initiatives being started by both State and Central Governments at multiple levels, thereby claiming the doctored clips to be that of Chief Minister.
20.08 / 12:52
MET
Booking
Election
President
social
shock
Headlines
Donald Trump rude, must have an 'arrangement' with Melania: Late Queen Elizabeth II
Queen Elizabeth II is still making headlines, this time around the US Presidential Elections 2024 after her statements in a new biography is making the rounds on social media, where it was stated the Queen found Donald Trump very 'rude', based on his behavior during his visits to the Queen, along with his wife Melanie Trump.
20.08 / 12:44
social
Triple Point Social Housing completes lease transfer away from troubled tenant
The transfer to Westmoreland Housing Association is of all 38 properties leased to Parasol, which represented 8.3% of SOHO's gross net asset value and 9.7% of the rent roll as at 31 March, the trust said in a stock exchange notice today (20 August). SOHO now expects rent collection to increase to between 75% to 85% of existing Full Repairing and Insuring (FRI) lease rent, compared to the 60% level that Parasol had been paying under its creditors' agreement. Triple Point assesses investment management arrangements This level of rent is expected to last for 12 months in what the tr...
20.08 / 11:00
Align
community
Justice
social
Department
rights
Govt asks UPSC to cancel advertisements related to lateral entry
Government on Tuesday instructed the Union Public Service Commission (UPSC) chairman to cancel the recent lateral entry advertisement. The directive, issued under the guidance of Prime Minister Narendra Modi, comes amid growing political controversy over the lateral entry process. In a letter addressed to the UPSC chairman, Jitendra Singh, the Minister of State (MoS) for the Department of Personnel and Training, conveyed the Prime Minister's stance that the lateral entry process must adhere to the principles of equity and social justice as stated in the Indian Constitution, particularly concerning the provisions of reservation. The government emphasized that the lateral entry mechanism needs to be reviewed and reformed to align with PM Modi's focus on ensuring social justice. «Cancelling the advertisement would be a significant advance in the pursuit of social justice and empowerment,» the letter stated.
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