Netflix released the trailer for its upcoming drama ‘Worth’ starring Michael Keaton.&nbsp;

Directed by Sara Colangelo, the film is based on true events. It is adapted from the memoir ‘What I Life Worth’ by Kenneth Feinberg and is slated to release on September 3.&nbsp;

The story is about the 2001 attacks on the World Trade Centre and events following that as Congress appoints attorney and renowned mediator Kenneth Feinberg (Keaton) to lead the September 11th Victim Compensation Fund.

Assigned with allocating financial resources to the victims of the tragedy, Feinberg and his firm’s head of operations, Camille Biros (Amy Ryan), face the impossible task of determining the worth of a life, to help the families who had suffered incalculable losses. When Feinberg locks horns with Charles Wolf (Stanley Tucci), a community organizer mourning the death of his wife, his initial cynicism turns to compassion as he begins to learn the true human costs of the tragedy.

Watch Worth trailer here:

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‘Worth’ stars Tate Donovan, Shunori Ramanathan, Talia Balsam, Laura Benanti, Marc Maron, Ato Blankson-Wood, Chris Tardio, Carolyn Mignini and Victor Slezak.

Worth had its world premiere at the 2020 Sundance film festival.

Netflix released the trailer for its upcoming drama ‘Worth’ starring Michael Keaton. Directed by Sara Colangelo, the film is based on true events. It is adapted from the memoir ‘What I Life Worth’ by Kenneth Feinberg and is slated to release on September 3.

Netflix released the trailer for its upcoming drama ‘Worth’ starring Michael Keaton. Directed by Sara Colangelo, the film is based on true events. It is adapted from the memoir ‘What I Life Worth’ by Kenneth Feinberg and is slated to release on September 3. The story is about the 2001 attacks on the World Trade Centre and events following that as Congress appoints attorney and renowned mediator Kenneth Feinberg (Keaton) to lead the September 11th Victim Compensation Fund. Assigned with allocating financial resources to the victims of the tragedy, Feinberg and his firm’s head of operations, Camille Biros (Amy Ryan), face the impossible task of determining the worth of a life, to help the families who had suffered incalculable losses. When Feinberg locks horns with Charles Wolf (Stanley Tucci), a community organizer mourning the death of his wife, his initial cynicism turns to compassion as he begins to learn the true human costs of the tragedy. Watch Worth trailer here: ‘Worth’ stars Tate Donovan, Shunori Ramanathan, Talia Balsam, Laura Benanti, Marc Maron, Ato Blankson-Wood, Chris Tardio, Carolyn Mignini and Victor Slezak. Worth had its world premiere at the 2020 Sundance film festival.

Watch: Michael Keaton starrer twin tower tragedy drama trailer out

Authorities in&nbsp;Colombia, working alongside counterparts in Panama and the United States, have seized 5.4 tonnes of cocaine worth $185 million, the Andean country's navy said on Wednesday (July 14).

The drugs were found after a speedboat fled back into&nbsp;Colombian waters after being detected by Panamanian authorities and was pursued by members of&nbsp;Colombia's coast guard, the navy said in a statement.

Following a detailed inspection of the area, members of the coast guard found the suspicious vessel with 81 sacks onboard and 147 other sacks hidden in the surrounding vegetation, which together contained the cocaine.

The drugs belonged to the Clan del Golfo criminal gang, the authorities said. The group is led by Dairo Antonio Usuga, known as "Otoniel,"&nbsp;Colombia's most-wanted drug trafficking suspect.

<a href="https://www.wionews.com/world/indian-origin-man-arrested-in-canada-for-smuggling-112-kg-cocaine-397167">Also read |&nbsp;Indian-origin man arrested in Canada for smuggling 112 kg cocaine</a>

Despite decades of fighting drug trafficking,&nbsp;Colombia&nbsp;remains one of the world's top producers of cocaine and faces constant pressure from the United States to reduce crops and production of the drug that has long financed&nbsp;Colombia's internal armed conflict.

Colombia's security forces destroyed some 130,000 hectares (321,000 acres) of coca in 2020 and confiscated around 505 tonnes of cocaine.

The Clan del Golfo, or Gulf Clan, is considered&nbsp;Colombia's largest criminal gang made up of former far-right paramilitaries. It closed in 2016 with some 1,600 members, a high-ranking military official told Reuters in January.

Earlier this week,&nbsp;Colombia's Defense Ministry reported that five members of Clan del Golfo were killed in the country's Norte de Santander province, including a regional leader, while another five were captured during a military operation.

Authorities in Colombia, working alongside counterparts in Panama and the United States, have seized 5.4 tonnes of cocaine worth $185 million, the Andean country's navy said on Wednesday (July 14).

Authorities in Colombia, working alongside counterparts in Panama and the United States, have seized 5.4 tonnes of cocaine worth $185 million, the Andean country's navy said on Wednesday (July 14). The drugs were found after a speedboat fled back into Colombian waters after being detected by Panamanian authorities and was pursued by members of Colombia's coast guard, the navy said in a statement. Following a detailed inspection of the area, members of the coast guard found the suspicious vessel with 81 sacks onboard and 147 other sacks hidden in the surrounding vegetation, which together contained the cocaine. The drugs belonged to the Clan del Golfo criminal gang, the authorities said. The group is led by Dairo Antonio Usuga, known as "Otoniel," Colombia's most-wanted drug trafficking suspect. Also read | Indian-origin man arrested in Canada for smuggling 112 kg cocaine Despite decades of fighting drug trafficking, Colombia remains one of the world's top producers of cocaine and faces constant pressure from the United States to reduce crops and production of the drug that has long financed Colombia's internal armed conflict. Colombia's security forces destroyed some 130,000 hectares (321,000 acres) of coca in 2020 and confiscated around 505 tonnes of cocaine. The Clan del Golfo, or Gulf Clan, is considered Colombia's largest criminal gang made up of former far-right paramilitaries. It closed in 2016 with some 1,600 members, a high-ranking military official told Reuters in January. Earlier this week, Colombia's Defense Ministry reported that five members of Clan del Golfo were killed in the country's Norte de Santander province, including a regional leader, while another five were captured during a military operation.

Colombia seizes 5.4 tonnes of cocaine worth $185 million

Nearly 120,000 units of digital currency bitcoin worth about US$72 million was stolen from the exchange platform Bitfinex in Hong Kong, making it the second-biggest security breach ever of such an exchange. 
 
Bitfinex is one of the largest bitcoin exchanges, and is known in the digital currency community for having a platform that has deep liquidity in the US Dollar-bitcoin currency pair. 
 
Zane Tackett, Director of Community &amp; Product Development for Bitfinex, told Reuters on Wednesday that 119,756 bitcoin had been stolen from users&#39; accounts, and that the exchange had not yet decided how to address customer losses. 
 
&quot;The bitcoin was stolen from users&#39; segregated wallets,&quot; he said. 
 
Bitcoin plunged just over 23 per cent on Tuesday after the news broke. On Wednesday it was up 1 per cent at $545.20 on the BitStamp platform. 
 
Tackett added that the breach did not &quot;expose any weaknesses in the security of a blockchain&quot;, the technology that generates and processes bitcoin, a web-based &quot;cryptocurrency&quot; that can move across the globe anonymously without the need for a central authority. 
 
The volume stolen amounts to about 0.75 per cent of all bitcoin in circulation. 
 
&quot;It&#39;s the biggest USD exchange, so outside China it&#39;s the one that everyone has an account with,&quot; said Antony Lewis, a bitcoin expert in Singapore. &quot;It&#39;s very liquid, folk can trade on margin, lots of daily volume.&quot; 
 
It is not yet clear whether the theft was an inside job or whether hackers were able to gain access to the system externally.&nbsp;Bitfinex suspended trading on Tuesday after it discovered the breach. It said on its website that it was investigating and cooperating with the authorities. 
 
The attack on Bitfinex was reminiscent of a similar but larger breach at MtGox, a Tokyo-based bitcoin exchange that was forced to file for bankruptcy in early 2014 after hackers stole an estimated $650 million worth of customers&#39; bitcoins. 
 
(Reuters)

?The volume stolen amounts to about 0.75 per cent of all bitcoin in circulation. Bitcoin plunged by just over 23% after the news broke

Nearly 120,000 units of digital currency bitcoin worth about US$72 million was stolen from the exchange platform Bitfinex in Hong Kong, making it the second-biggest security breach ever of such an exchange. Bitfinex is one of the largest bitcoin exchanges, and is known in the digital currency community for having a platform that has deep liquidity in the US Dollar-bitcoin currency pair. Zane Tackett, Director of Community & Product Development for Bitfinex, told Reuters on Wednesday that 119,756 bitcoin had been stolen from users' accounts, and that the exchange had not yet decided how to address customer losses. "The bitcoin was stolen from users' segregated wallets," he said. Bitcoin plunged just over 23 per cent on Tuesday after the news broke. On Wednesday it was up 1 per cent at $545.20 on the BitStamp platform. Tackett added that the breach did not "expose any weaknesses in the security of a blockchain", the technology that generates and processes bitcoin, a web-based "cryptocurrency" that can move across the globe anonymously without the need for a central authority. The volume stolen amounts to about 0.75 per cent of all bitcoin in circulation. "It's the biggest USD exchange, so outside China it's the one that everyone has an account with," said Antony Lewis, a bitcoin expert in Singapore. "It's very liquid, folk can trade on margin, lots of daily volume." It is not yet clear whether the theft was an inside job or whether hackers were able to gain access to the system externally. Bitfinex suspended trading on Tuesday after it discovered the breach. It said on its website that it was investigating and cooperating with the authorities. The attack on Bitfinex was reminiscent of a similar but larger breach at MtGox, a Tokyo-based bitcoin exchange that was forced to file for bankruptcy in early 2014 after hackers stole an estimated $650 million worth of customers' bitcoins. (Reuters)

Bitcoin worth $72 million stolen from Hong Kong's Bitfinex exchange

Apple Inc plans to issue bonds in Taiwan for the first time, with the aim of raising $1 billion, joining the list&nbsp;of big global names that have sold billions of dollars on Taiwan&#39;s busy debt market,&nbsp;sources said.

Liquidity in the Taiwanese bond market is flush, with long-term buyers of debt, primarily life insurance firms, seeking creditworthy names and chasing higher yields. Blue-chip multinationals regularly issue dollar bonds of such size on the island, home to Apple&#39;s supply chain.

In December, U.S. chipmaker Intel Corp sold $915 million of 30-year bonds with yields of 4.7 per cent. A month later, global brewer Anheuser Busch InBev SA issued a $1.47 billion bond of the same maturity at 4.915 per cent, according to data from the Taipei Exchange, Taiwan&#39;s over-the-counter market.

Cash-rich and yield-hungry investors in Taiwan have made the island a haven for debt financing. These investors tend to hold through maturity, letting issuers lock in cheap pricing.

&quot;Taiwan insurance companies don&#39;t have enough good (quality) fixed-income investment targets,&quot; said an official at a local securities house, declining to be identified as he was not authorised to talk to the media.

&quot;But their funds continue to grow because in this low rate macro-environment. Consumers prefer to buy financial products offered by insurance companies rather than park money in a bank deposit,&quot; he said.

The planned offering is likely to help Apple secure solid partnership with its suppliers, analysts said. Taiwan is home to Apple&#39;s massive supply chain that includes iPhone manufacturer Foxconn, formally known as Hon Hai Precision Industry Co, contract chipmaker Taiwan Semiconductor Manufacturing Co and lens producer Largan Precision Co.

The U.S. dollar bonds will have a tenor of 30 years and be calleable after the second year, the sources told Reuters on Wednesday, speaking on condition of anonymity.

Apple declined to comment when asked about the plan.

So far this year, upwards of $16 billion in new U.S. dollar bonds have been issued, already more than half of the $29 billion in U.S. dollar bonds sold for all of 2015, OTC exchange data shows.

The OTC exchange, where corporate bonds can trade in the secondary market, said it was not aware of any plan by Apple to issue bonds. In Taiwan, bond issuers only need three days or less to notify the exchange before being listed.

Market participants have been looking at initial yields of around 4.2 per cent to 4.3 per cent on the planned Apple bonds, two of the sources said.

Taiwan&#39;s 30-year government bond, which is less liquid in the secondary market, was last quoted around 1.6475 per cent.

Apple to issue bonds in Taiwan for the first time.

Apple Inc plans to issue bonds in Taiwan for the first time, with the aim of raising $1 billion, joining the list of big global names that have sold billions of dollars on Taiwan's busy debt market, sources said. Liquidity in the Taiwanese bond market is flush, with long-term buyers of debt, primarily life insurance firms, seeking creditworthy names and chasing higher yields. Blue-chip multinationals regularly issue dollar bonds of such size on the island, home to Apple's supply chain. In December, U.S. chipmaker Intel Corp sold $915 million of 30-year bonds with yields of 4.7 per cent. A month later, global brewer Anheuser Busch InBev SA issued a $1.47 billion bond of the same maturity at 4.915 per cent, according to data from the Taipei Exchange, Taiwan's over-the-counter market. Cash-rich and yield-hungry investors in Taiwan have made the island a haven for debt financing. These investors tend to hold through maturity, letting issuers lock in cheap pricing. "Taiwan insurance companies don't have enough good (quality) fixed-income investment targets," said an official at a local securities house, declining to be identified as he was not authorised to talk to the media. "But their funds continue to grow because in this low rate macro-environment. Consumers prefer to buy financial products offered by insurance companies rather than park money in a bank deposit," he said. The planned offering is likely to help Apple secure solid partnership with its suppliers, analysts said. Taiwan is home to Apple's massive supply chain that includes iPhone manufacturer Foxconn, formally known as Hon Hai Precision Industry Co, contract chipmaker Taiwan Semiconductor Manufacturing Co and lens producer Largan Precision Co. The U.S. dollar bonds will have a tenor of 30 years and be calleable after the second year, the sources told Reuters on Wednesday, speaking on condition of anonymity. Apple declined to comment when asked about the plan. So far this year, upwards of $16 billion in new U.S. dollar bonds have been issued, already more than half of the $29 billion in U.S. dollar bonds sold for all of 2015, OTC exchange data shows. The OTC exchange, where corporate bonds can trade in the secondary market, said it was not aware of any plan by Apple to issue bonds. In Taiwan, bond issuers only need three days or less to notify the exchange before being listed. Market participants have been looking at initial yields of around 4.2 per cent to 4.3 per cent on the planned Apple bonds, two of the sources said. Taiwan's 30-year government bond, which is less liquid in the secondary market, was last quoted around 1.6475 per cent.

Apple plans to sell 30-yr bonds worth $1 billion in Taiwan

Nestle, the world&#39;s biggest food company, is stepping up its push into medicine with a global deal worth up to 100 million euros ($111 million) to develop and market an experimental milk allergy test for infants.

The Swiss group will pay DBV Technologies 10 million euros upfront for rights to its skin patch test for cow&rsquo;s milk protein allergy (CMPA), with the balance depending on successful development, the two companies said on Tuesday.

Shares in the French biotech company rose 5 percent on the news.

The deal underscores Nestle&#39;s ambitions for its&nbsp;Health&nbsp;Science division, which it believes could eventually generate more than 10 billion Swiss francs ($10 billion) in annual sales.

It also complements the company&#39;s market-leading infant formula business and could help lift sales of products designed for babies with food intolerance.

Nestle has signed a series of similar deals with other small companies in its bid to create a new kind business that is midway between food and pharmaceuticals. The goal is to find new ways to treat, diagnose and prevent a range of diseases, from gastrointestinal problems to Alzheimer&#39;s.

CMPA affects up to 2 or 3 percent of infants and toddlers, according to the companies. Many others, however, have symptoms suggestive of the condition, creating a need for a simple diagnostic test.

Under the terms of the agreement, DBV will be eligible to receive up to 90 million euros in development, regulatory and commercial milestones - on top of the upfront payment - and will also collect royalties on eventual product sales.

&ldquo;This innovation can become the breakthrough diagnostic for CMPA,&quot; said Greg Behar, chief executive of Nestl?&nbsp;Health&nbsp;Science.

The new test will need to go through extensive clinical trials before it is cleared for sale and DBV expects it to be submitted for approval to regulators worldwide by 2021.

Behar&#39;s division, which employs around 3,000 people, is an expanding part of Nestle&#39;s operations.

Given ageing populations around the world and spiralling cases of lifestyle diseases, the Swiss group sees big opportunities in&nbsp;health&nbsp;- but the initiative also poses new challenges by taking it into the highly regulated medical field.

Strategically the shift towards&nbsp;health&nbsp;offers Nestle a hedge against slowing growth in packaged foods and may also offset crackdowns on unhealthy foods blamed for obesity and other lifestyle problems.

The milk allergy test dovetails with Nestle&#39;s presence in infant formula, where it had 22 percent of the market in 2015, according Euromonitor International. It already has a range of products called Althera, Alfare and Alfamino that are designed for infants allergic to cow&rsquo;s milk.

For DBV, the deal is a vindication of its Viaskin patch technology. The company also has a patch to treat peanut allergy in clinical trials, as well as an earlier-stage programme for egg allergy.

Nestle, the world's biggest food company, is stepping up its push into medicine with a global deal worth up to 100 million euros ($111 million) to develop and market an experimental milk allergy test for infants

Nestle, the world's biggest food company, is stepping up its push into medicine with a global deal worth up to 100 million euros ($111 million) to develop and market an experimental milk allergy test for infants. The Swiss group will pay DBV Technologies 10 million euros upfront for rights to its skin patch test for cow’s milk protein allergy (CMPA), with the balance depending on successful development, the two companies said on Tuesday. Shares in the French biotech company rose 5 percent on the news. The deal underscores Nestle's ambitions for its Health Science division, which it believes could eventually generate more than 10 billion Swiss francs ($10 billion) in annual sales. It also complements the company's market-leading infant formula business and could help lift sales of products designed for babies with food intolerance. Nestle has signed a series of similar deals with other small companies in its bid to create a new kind business that is midway between food and pharmaceuticals. The goal is to find new ways to treat, diagnose and prevent a range of diseases, from gastrointestinal problems to Alzheimer's. CMPA affects up to 2 or 3 percent of infants and toddlers, according to the companies. Many others, however, have symptoms suggestive of the condition, creating a need for a simple diagnostic test. Under the terms of the agreement, DBV will be eligible to receive up to 90 million euros in development, regulatory and commercial milestones - on top of the upfront payment - and will also collect royalties on eventual product sales. “This innovation can become the breakthrough diagnostic for CMPA," said Greg Behar, chief executive of Nestl? Health Science. The new test will need to go through extensive clinical trials before it is cleared for sale and DBV expects it to be submitted for approval to regulators worldwide by 2021. Behar's division, which employs around 3,000 people, is an expanding part of Nestle's operations. Given ageing populations around the world and spiralling cases of lifestyle diseases, the Swiss group sees big opportunities in health - but the initiative also poses new challenges by taking it into the highly regulated medical field. Strategically the shift towards health offers Nestle a hedge against slowing growth in packaged foods and may also offset crackdowns on unhealthy foods blamed for obesity and other lifestyle problems. The milk allergy test dovetails with Nestle's presence in infant formula, where it had 22 percent of the market in 2015, according Euromonitor International. It already has a range of products called Althera, Alfare and Alfamino that are designed for infants allergic to cow’s milk. For DBV, the deal is a vindication of its Viaskin patch technology. The company also has a patch to treat peanut allergy in clinical trials, as well as an earlier-stage programme for egg allergy.

Nestle, on health kick, moves into milk allergy testing

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