With rising tensions related to the Ukraine crisis, the European Central Bank is preparing banks for a possible Russian-sponsored cyber attack, according to two people familiar with the situation, as the continent prepared for the financial consequences of any conflict…. Read More ›
Day: February 9, 2022
Toyota Motor Corp cuts annual production target citing chip shortage and COVID-19 overheads
On Wednesday, Toyota Motor Corp cut back its annual production target by half a million vehicles following COVID-19 sick leaves and chip shortages crimping the company’s output. Toyota, the world’s biggest carmaker, will build 8.5 million vehicles this year ending March… Read More ›
European Central Bank preparing banks for potential cyber attacks
According to two sources with knowledge of the matter at hand, the European Central Bank has begun preparing banks for a possible cyber-attack from Russian actors. The standoff between Russia and Ukraine has hit a nerve in Europe’s political and… Read More ›
Protection of environment becomes part of Italian constitution
In a significant development, the Italian parliament has approved a law making protection of the environment part of its Constitution. Politicians and activists have hailed the bill as a significant victory for the country’s future. The new law states the… Read More ›
No need to fan flames of Russian invasion of Ukraine, Macron calls for calm for all sides
In a statement French President Emmanuel Macron, the first leader of a major Western power to meet Russian President Vladimir Putin, said steps can be taken to de-escalate tensions surrounding Russia’s border with Ukraine, and called for calm from all… Read More ›