Hackers are relying on the vulnerabilities in SWIFT’s messaging systems to hide their digital footprints. A second bank has been compromised due to these vulnerabilities. In the wake of Bangladesh’s central bank being hacked due to hackers exploiting vulnerabilities in… Read More ›
With the aim to “encourage more businesses to switch to hydrogen-fuelled vehicles”, the U.K. government has launched a £2 million ($2.89 million) fund to provide subsidies. Private businesses, as well as organizations such as police forces and health trusts would… Read More ›
Soccer club Tottenham Hotspur has taken home an unlikely consolation prize even though it narrowly missed out on clinching the English Premier League (EPL) title,. The area surrounding Spurs’ home stadium, White Hart Lane in north London, recorded the greatest… Read More ›
Demanding that the veil of secrecy that surrounds tax havens be lifted, world leaders at a London summit this week would be urged to recognize that there is no economic benefit to tax havens by more than 300 economists, including… Read More ›
In order to rein in costs Sprint has vowed to cut expenses by $2 billion for 2016-2017. Facing widening losses, and having added fewer subscribers than it initially expected, Sprint Corp has vowed to cut more than $2 billion in… Read More ›
A request that has met with substantial opposition, shareholder Qatar has asked Volkswagen for a seat on the company’s executive committee as they are frustrated with the pace of reform at Volkswagen, reported Reuters quoting two sources familiar with the… Read More ›
The official statistics state that the eurozone’s economy grew by a faster-than-expected 0.6% in the first three months of the year. The growth was above analysts’ expectations 0.4% and from the 0.3% rate recorded in the previous quarter the growth… Read More ›
Citing the risk of China’s influence on the stock, Carl Icahn, the the billionaire activist investor who has long been one of the most prominent voices declaring the company to be undervalued says he has sold his entire stake in… Read More ›
Many have unsuccessfully tried to acquire DreamWorks Animation, will Comcast succeed where others have failed? The Wall Street Journal has reported citing sources familiar with the matter at hand, that the largest cable operator in the U.S., Comcast Corp, has… Read More ›
The economic cost of the Chinese splurge abroad is offset by the surplus generated by the country’s manufacturing and trading sector. China’s foreign exchange regulator has noted that the country’s trade deficit in the services sector has yawned to $21.0… Read More ›
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