Author: Press Room

KUTA, Indonesia: Indonesia’s decision to outlaw cohabitation and sex outside of marriage may hurt the tourism industry in Bali, travellers and businesses said, just as the island destination gets back on its feet after the COVID-19 pandemic. In an overhaul of its criminal code that critics have called a step backwards for the world’s third-largest democracy, Indonesia this week introduced a host of laws, including banning insulting state institutions and spreading views counter to the country’s secular ideology, in addition to morality clauses. Travellers and businesses warned the new laws could deter foreigners from visiting or investing in Indonesia. “If…

England take on France in a highly-anticipated World Cup quarter-final clash on Saturday evening at 7pm (GMT).Gareth Southgate’s side have won all but one of their four games so far, a goalless draw against USA in their second Group B game the only dent on their record, while France have won all of theirs except for when a much-changed side lost 1-0 to Tunisia in their final Group D match.The 1966 champions face a tough test against one of the favourites to win the competition, four years after Les Bleus lifted the trophy in Russia.World CupWalker: I will not roll…

A security firm says North Korean hackers created a bogus crypto exchange that infects users’ internet-connected devices with malware – which allows them to access sensitive networks so they can steal cryptoassets.The claims were made by the security provider Volexity, and backed by the likes of Malwarebytes.In a blog post, Volexity claimed that the notorious Lazarus hacking group – thought to be based in Pyongyang – had masterminded the plan. It said Lazarus launched the fake exchange in June this year.Named BloxHolder, the alleged crypto trading platform promotes its operations thusly:“Use our trusted crypto trading bots to automate crypto trading…

Investors have soured over his public commitment to prioritise social spending over fiscal integrity and delays in naming his economic team.There is growing investor pessimism that Brazilian President-elect Luiz Inacio Lula da Silva will govern with fiscal discipline as the country’s central bank chief likened a market selloff to a “Liz Truss moment for Brazil”. Brazil’s real currency and Bovespa stock index both lost approximately 4 percent on Thursday, as Lula’s brief honeymoon with investors soured over his public commitment to prioritising social spending over fiscal integrity and delays in naming his economic team. The Brazilian real clawed back losses…

I have just started a very acrimonious divorce. We have no children, and signed no prenuptial agreement as we married very young, but I am significantly the wealthier party. What do I need to consider when trying to reach a financial settlement?Matthew Brunsdon-Tully, partner and head of family law at Wedlake Bell, says your question implies you built up your wealth during the marriage. If so, the starting point, and usually the end point, is that it will be divided equally, subject to arguments about need, which can lead to a “departure from equality”. It does not matter in whose…

Moonpig’s share price fell 15 per cent after the company lowered its annual revenue guidance, blaming it on disruption from Royal Mail strikes and consumers opting for cheaper gifts. The online greeting card and gift seller now expects revenue of £320mn this year, down from previous estimates of £350mn. The share price fell to 126p, just over a third of its 350p price at its initial public offering last year.Pre-tax profit fell from £18.7mn to £9mn in the six months to the end of October, while revenue was flat at £143mn year on year, although it improved its profit margins.“Even…

Sopa Images | Lightrocket | Getty ImagesLast holiday season, McDonald’s leaned on singer Mariah Carey’s star power and discounts to drive customers to its mobile app.This year, the Chicago-based restaurant giant is going further, giving customers the chance to win free McDonald’s for life for themselves and three of their friends with every mobile order. The chain is also offering exclusive access to branded merch releases and deals on food, like a 50-cent double cheeseburger.The three-week-long promotion, which began Monday, is part of the company’s broader digital strategy to drive traffic to its mobile app through seasonal promotions and create…

The Lawn Tennis Association has been hit with a fine of £820,000 by the ATP for having banned Russian and Belarusian male players from its grass-court events.The punishment from the ATP follows the fines imposed by the WTA on the LTA and the All England Lawn Tennis Club, which organises Wimbledon, for not allowing Russian and Belarusian female players to participate in its events over the summer.In response, the LTA has issued a strongly-worded statement that accuses the ATP of having a “surprising lack of empathy” for the situation in Ukraine and showing “a clear lack of understanding of the…

A very active weather pattern is expected to bring rounds of rain and mountain snow for the West over the next few days.DESANTIS SAYS FEMA DENIED EMERGENCY AID REQUEST, STATE WILL PROVIDE $25M FOR HURRICANE VICTIMS This energy will shift across the country, with a mix of stormy conditions.   Arctic air has settled into the northern Plains and Midwest, where snow will accumulate and wind chills will be dangerous.   Meanwhile, record-setting warmth will be the story for millions across the South and on the East Coast.   Looking ahead to Monday, we could have another severe weather outbreak for the southern…

Mills Lane, a famed boxing referee who was the third man in the ring when Mike Tyson bit Evander Holyfield’s ear in one of the most memorable moments in the sport’s history, died Tuesday. He was 85.Lane died in his home in Reno, Nevada, with his wife, Kaye, and two sons with him. His son, Tommy, said his father had recently taken a turn for the worst and was placed in hospice care on Friday. Lane suffered a stroke in 2002. “There is some relief that he is not trapped in that condition, but we all will miss him,” Tommy…