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Two tech companies win first Stop Slavery Award after workforce scrutiny | | By Paola Totaro LONDON (Thomson Reuters Foundation) - Two multi-national tech companies previously questioned over labour and workforce conditions have won a new global award for turning the spotlight onto their own supply chains to eradicate modern day slavery from their operations. The inaugural Thomson Reuters Foundation Stop Slavery Award was conferred on U.S. technology company Hewlett Packard Enterprise and NXP Semiconductors, the world's largest chip supplier to the automotive industry. The award, designed by Turner Prize winning sculptor Anish Kapoor, aims to recognise businesses that submit their labour practices to scrutiny and excel in efforts to investigate human rights abuses and clean up their supply chain.
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Fire and loathing in former stronghold of S.Korea's Park | | By Jane Chung DAEGU, South Korea (Reuters) - Hours after South Korean President Park Geun-hye offered to step down over a corruption scandal that has left her struggling for political survival, a fire destroyed a sprawling century-old market in her hometown, just blocks from where she was born. On Thursday, Park made a brief and unexpected visit to the charred Seomun market in Daegu city, her first public appearance in over three weeks. Shop-owners who gathered at the traditional market after Wednesday's fire said they were badly hit economically, but also felt betrayed by Park, once proudly claimed as "a daughter of Daegu".
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Delhi High Court quashes government ban on 344 drugs after industry petitions | | By Suchitra Mohanty and Zeba Siddiqui NEW DELHI (Reuters) - Delhi High Court stayed on Thursday a government ban on 344 drugs that it deemed lacked therapeutic efficacy, after over six months of hearing more than 300 petitions filed by drugmakers against it. Sanjay Jain, a lawyer representing the central government, told Reuters the government was evaluating the decision and planned to appeal at a higher court. Thursday's decision provides interim relief to several local and multinational drugmakers operating in India's $15 billion drugs industry whose business had been hit by the ban. |
World's growing inequality is "ticking time bomb" - Nobel laureate Yunus | | By Astrid Zweynert LONDON (Thomson Reuters Foundation) - The widening gap between rich and poor around the world is a "ticking time bomb" threatening to explode into social and economic unrest if left unchecked, Nobel Peace laureate Muhammad Yunus said on Thursday. The banking and financial system has created a world of "the more money you have, the more I give you" while depriving the majority of the world's population of wealth and an adequate standard of living, Yunus told the Thomson Reuters Foundation. "Wealth has become concentrated in just a few places in the world ... It's a ticking time bomb and a great danger to the world," said the founder of the microfinance movement that provides small loans to people unable to access mainstream finance.
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Shamoon virus returns in new Gulf cyber attacks after 4-year hiatus | | A version of Shamoon, the destructive computer virus that crippled tens of thousands of computers at Middle Eastern energy companies four years ago, was used in mid-November to attack computers in Saudi Arabia and elsewhere in the region, according to U.S. security firms. FireEye said in a blogpost that its Mandiant unit "has responded to multiple incidents at other organisations in the region." A spokesman declined to identify the countries or organisations. The reappearance of Shamoon is significant as there have only been a handful of other high-profile attacks involving disk-wiping malware, including ones in 2014 on Sheldon Adelson's Las Vegas Sands Corp. and Sony Corp's Hollywood studio. |
Met a friendly stranger? Call us, say Lithuania's spyhunters | | By foreign agents, Lithuania means the Kremlin. Ties have always been tense with former imperial master Moscow. "People don't even think that information is being squeezed out of them until it's too late," Darius Jauniskis, the 48-year-old head of Lithuania's State Security Department, told Reuters.
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South Korean opposition differs on Park impeachment with no end to crisis in sight | | By Jack Kim SEOUL (Reuters) - South Korean opposition parties differed on Thursday on when to bring an impeachment motion against scandal-tainted President Park Geun-hye and were far apart from her conservative party on her offer to quit. Park on Tuesday asked parliament to decide how and when she should step down in a dramatic turn of events in the influence-peddling scandal, an offer that the main opposition Democratic Party rejected as a ploy to buy time and avoid impeachment. The smaller opposition People's Party on Thursday warned against bringing an impeachment motion to the floor of parliament without ensuring the support of Park's Saenuri Party, which would be needed for it to pass.
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