Exclusive: Nissan installed camera to monitor No. 2’s home, sources say
Business

Exclusive: Nissan installed camera to monitor No. 2’s home, sources say

June 28 (Reuters) – Nissan (7201.T) installed a camera surveillance system at the home of former executive Ashwani Gupta so the automaker’s internal security team could monitor him, according to the preliminary findings of an investigation into the surveillance, two people with knowledge of the report said.Nissan has been investigating a claim that Chief Executive… […]

U.S. to announce action in $2.6 billion health care fraud
Business

U.S. to announce action in $2.6 billion health care fraud

WASHINGTON, June 28 (Reuters) – The U.S. Justice Department will on Wednesday announce results of a nationwide health care fraud and opioid enforcement action against 87 people in 14 districts involving more than $2.6 billion in fraud, the department said in a statement.The announcement will take place at 11 a.m. (1500 GMT) at department headquarters,… […]

US health department, law firms latest hit in wide-ranging hack
Business

US health department, law firms latest hit in wide-ranging hack

[1/2]A worker arrives at the Department of Health and Human Services in Washington, October 1, 2013. REUTERS/James Lawler Duggan/File PhotoWASHINGTON, June 28 (Reuters) – The U.S. Department of Health and Human Services (HHS) was among those affected by a wide-ranging hack centered on a piece of software called MOVEit Transfer, a source at HHS said… […]

Asia pushes back on ‘excessive’ currency moves amid enduring dollar strength
Economy

Asia pushes back on ‘excessive’ currency moves amid enduring dollar strength

The People’s Bank of China set the yuan trading mid-point on June 28 at its weakest in eight months.Sheldon Cooper | SOPA Images | LightRocket via Getty ImagesTop currency officials in Asia are pushing back on bets that sent their currencies to multi-month lows this week, deepening their underperformance for the year.Japan finance officials have… […]

Asian chip stocks rally after Micron’s bullish forecast signals easing supply glut
Economy

Asian chip stocks rally after Micron’s bullish forecast signals easing supply glut

The headquarters building of Micron Technology Inc. stands in Boise, Idaho, U.S.Matthew Staver | Bloomberg | Getty ImagesShares of Asian chipmakers rallied on Thursday after Micron Technology’s bullish outlook overnight, which indicated the sector’s supply glut may finally be easing.The U.S. chipmaker reported third quarter earnings that beat estimates, thanks to higher demand for its… […]

Huawei says applying 5G technology to business was more difficult than expected
Economy

Huawei says applying 5G technology to business was more difficult than expected

Huawei Technologies Chief Financial Officer Meng Wanzhou reacts as she leaves her home to attend a court hearing in Vancouver, Canada, August 10, 2021.Jennifer Gauthier | ReutersSHANGHAI — Huawei’s Chief Financial Officer Meng Wanzhou said Wednesday that applying 5G technology to business was more difficult than she had expected.One of the expectations for 5G connectivity… […]