Monday Briefing: U.S. and top fuel supplier work to secure pipelines stricken by cyberattack

The Reuters Daily Briefing Monday, May 10, 2021 by Linda Noakes Hello Here's what you need to know. The knowns and unknowns of the Colonial Pipeline hack, violence flares in Jerusalem, and a dogecoin-funded mission to the moon Today's biggest stories Holding tanks are seen at Colonial Pipeline's Charlotte Tank Farm in Charlotte, North Carolina, in an undated photograph. U.S. The U.S. government and the top U.S. fuel pipeline operator are working to secure the network that transports nearly half of the East Coast's supplies as a shutdown to halt a ransomware cyberattack enters its fourth day. Traders have provisionally booked at least six tankers to ship gasoline from Europe to U.S. destinations. The attack on Colonial Pipeline last week was one of the most disruptive digital ransom schemes ever reported and has sent shockwaves across the industry. The ransom group linked to the hack is new but experienced - here are the knowns and unknowns. Top Republicans are seeking to portray their expected ouster of Representative Liz Cheney as an act of unity, despite warnings that the move could deepen divisions over former President Donald Trump and sink party hopes in the 2022 elections. Investigators may release the names of the victims and the shooter today after a massacre at a Colorado home where a man killed six adults and then himself in the presence of children. A member of the Israeli police runs after a cameraman during clashes with Palestinians at the compound that houses Al-Aqsa Mosque, known to Muslims as Noble Sanctuary and to Jews as Temple Mount, in Jerusalem's Old City, May 10, 2021. REUTERS/Ammar Awad WORLD Palestinian protesters threw rocks and Israeli police fired stun grenades and rubber bullets in clashes outside al-Aqsa mosque in Jerusalem, as Israel marked the anniversary of its capture of parts of the city in the 1967 Arab-Israeli war. India's coronavirus infections and deaths held close to record daily highs, increasing calls for the government of Prime Minister Narendra Modi to lock down the world’s second-most populous country. More than 11,000 academics and other university staff opposed to Myanmar's ruling junta have been suspended after going on strike in protest against military rule, a teachers' group told Reuters. Scottish leader Nicola Sturgeon has told British Prime Minister Boris Johnson that another referendum on independence is inevitable after her party won a resounding election victory. The prospect of Scotland breaking away from the UK is a legitimate concern for investors, says Breakingviews columnist George Hay. BUSINESS SpaceX will launch the 'DOGE-1 Mission to the Moon' in the first quarter of next year, with Elon Musk’s commercial rocket company accepting the meme-inspired cryptocurrency dogecoin as payment. Dogecoin lost more than a third of its price after Musk called it a ‘hustle’ during his guest-host spot on 'Saturday Night Live'. Panasonic expects operating profit to jump by almost a third this business year as economic recovery from coronavirus lockdowns spurs demand for equipment and components, including automotive batteries used by Tesla. The AFL-CIO, the biggest U.S. labor federation, will file the first petition for the U.S. government to bring a labor complaint against Mexico under the trade deal that replaced the North American Free Trade Agreement. When much of the global economy locked down last year, insurers reached straight for their red pens to strike pandemic cover from all new business policies. But as industries revert to a new normal, huge demand is causing insurers to figure out how they can put pandemic risk back in policies. Quote of the day "I will consider the remaining one year of my term to be the last opportunity to move from an incomplete peace toward one that is irreversible" Moon Jae-in South Korean President 'Time to take action' on North Korea Video of the day Russia shows military might at Victory Day parade President Vladimir Putin reviewed Russia's traditional World War Two victory parade, a patriotic display of raw military power that this year coincided with soaring tensions with the West And finally… 'A batsman's dream' - bamboo beats willow for cricket If a group of Cambridge University scientists have their way, cricket fans might soon have to become accustomed to the sound of leather on bamboo. More from Reuters COVID-19 Investigations Breakingviews Legal News Thanks for spending part of your day with us. Share your thoughts You are receiving this email because you signed up for newsletters from Reuters. No longer want to hear from us? Unsubscribe from The Reuters Daily Briefing. Terms, conditions, and privacy statement © 2021 Thomson Reuters. All rights reserved. 3 Times Square, New York, NY 10036