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A cybersecurity researcher appears to have discovered a “kill switch” that can prevent the spread of the WannaCry ransomware—for now—that has caused the cyberattacks wreaking havoc globally A cybersecurity researcher appears to have discovered a “kill switch” that can prevent the spread of the WannaCry ransomware—for now—that has caused the cyberattacks wreaking havoc globally, they told AFP Saturday. The researcher, tweeting as @MalwareTechBlog, said the discovery was […]

Technology and media confluence sets #AJTechSummit top trending on social media for two days May 11, 2017 – Doha, Qatar Held under the patronage of His Excellency Sheikh Hamad bin Thamer Al-Thani, Chairman of Al Jazeera Media Network, AJMN’s “Future of Media – Leaders’ Summit” concluded today at the Ritz Carlton Hotel in Doha. The Summit, the first of its kind in the region, prominent figures and […]

By Costas Pitas and Carlos Ruano | LONDON/MADRID LONDON/MADRID A global cyberattack leveraging hacking tools widely believed by researchers to have been developed by the U.S. National Security Agency hit international shipper FedEx, disrupted Britain’s health system and infected computers in dozens of other countries on Friday. Russian cyber security software maker Kaspersky Lab said its researchers had observed more than 45,000 attacks in 74 countries as […]

Britain’s National Health Service reported a cyber attack on a number of hospitals on May 12, 2017 A fast-moving wave of cyberattacks swept the globe Friday, apparently exploiting a flaw exposed in documents leaked from the US National Security Agency. The attacks came in the form of ransomware, a technique used by hackers that locks users’ files unless they pay the attackers a designated sum in the […]

MEXICO CITY General Electric Co (GE.N) Chief Executive Jeff Immelt is keen to double the conglomerate’s purchases from Mexican suppliers next year, the Mexican president’s office said in a statement on Friday, a move that could upset U.S. President Donald Trump. Immelt met with Mexico’s President Enrique Pena Nieto in Mexico City and will spend a few days in Latin America’s No. 2 economy at a time […]

Hackers responsible for the wave of cyber attacks that struck organisations across the globe on Friday from the UK’s National Health Service to European telecoms company Telefónica used tools stolen from the US National Security Agency, the Financial Times has learnt. A tool known as “eternal blue”, developed by US spies was used by the hackers to make an existing form of ransomware known as WannaCry more […]

May 12, 2017 by: Mark Robinson and Emma Powell, Investors Chronicle Shares in Anglo American have risen 84 per cent base-to-apex within the past 12 months, a reflection of improved commodity pricing combined with cumulative rationalisation measures. Earlier this year, it was announced that the miner’s chairman, Sir John Parker, had decided to call it a day after an eight-year tenure in which he oversaw the sale […]

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Balikatan 2017 highlights humanitarian assistance & disaster response as well as counter-terrorism operations. Photo by Chiara Zambrano, ABS-CBN News. Troops from the Philippine and United States Army conducted urban search and rescue exercises in Fort Magsaysay, Nueva Ecija Friday, as part of humanitarian assistance and disaster response (HADR) training for Balikatan (shoulder-to-shoulder) exercises 2017. Simulating a disaster in the city, the two armies practiced search and extraction […]

The yield on Chinese five-year government bonds hit its highest since 2014 on Friday, as tight liquidity and a regulatory crackdown on leveraged investment caused a rarely seen inversion of the yield curve. Bond yields, which move inversely to price, have been on the rise since last October as the People’s Bank of China moves to discourage the use of borrowed money for bond investment.  The bond […]

GENEVA An attack on Yemen’s Hodeidah port would displace more than 400,000 people, the U.N. International Organization for Migration said on Friday, doubling its previous minimum estimate. “A minimum of 400,000 people will flee the city eastwards, once Al Hudaydah is under attack,” IOM’s Director of Operations and Emergencies Mohammed Abdiker said in a statement, using a different English spelling for the port’s name. The U.N. has previously warned […]

OIAPOQUE, Brazil – Deep beneath the waters of the Atlantic off Brazil’s most northern coast, French major Total SA is hunting for what it hopes will be Latin America’s next big oil discovery. Metal drill bits, pipes and containers filled with equipment sit in the tropical port of Belém, near the mouth of the vast Amazon River, ready to sink the first exploratory wells 120 km (75 […]

Kuala Lumpur, 11 May 2017  The fifth edition of Islamic Financial Services Board’s (IFSB) annual Islamic Financial Services Industry Stability Report 2017 examines the implications of the recent economic developments and changes in the global regulatory and supervisory frameworks on the global Islamic financial services industry (IFSI). Amidst a challenging external environment brought on by the changing policy directions and uncertainties in the global economic landscape, institutions […]

For IT executives and professionals, adoption of Agile and DevOps approaches is a no-brainer — encouraging collaboration on software projects at all stages helps get projects out the door faster, with the blessings of the business. Everybody feels better about the deliverable. Photo: HubSpot However, it’s not clear how much value businesses are actually seeing out of such efforts. It’s not that DevOps and Agile are not […]

By John McCrank | NEW YORK NEW YORK Goldman Sachs Group Inc (GS.N) will launch a new private stock-trading venue, known as a “dark pool,” on Friday, that is run by exchange operator Nasdaq Inc (NDAQ.O), according to a note to clients obtained by Reuters. Goldman has been refreshing its trading technology to become more competitive in its electronic stock execution business, and hired Nasdaq last year […]

The developer of an easy-to-use form of customisable ransomware has massively expanded their activities, expanding their arsenal of cybercriminal tools and making it even easier for would-be cyber crooks to set up operations. First spotted in September last year, Philadelphia ransomware is simple to deploy and at $400, is a relatively low-cost investment for entry-level cybercriminals, who also get support and updates as part of a ‘ransomware-as-a-service’ […]

11 May 2017 The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it achieved a total operating income of US$ 249 million during the first quarter of 2017 and the total financing and investments recorded slight increases at the end of March 2017 compared to end of December 2016. Al Baraka Banking Group has continued during the first quarter of 2017, […]

Abu Dhabi // The president of the UAE, Sheikh Khalifa, has been invited by Saudi King Salman to attend talks in Riyadh later this month with the US president. The ruler of Abu Dhabi was invited to both the US-GCC talks as well as the summit expected to be held a day later, on May 21, between Donald Trump and leaders from more than a dozen of […]

Senators from both sides of the aisle wrote to President Donald Trump on Wednesday urging him to take a tougher line with Beijing in the South China Sea, calling for more U.S. naval patrols to uphold navigation rights in the disputed waterway. The appeal, backed by three Republicans and four Democrats, reflects growing concern in Congress that the Trump administration could be ceding strategic ground to China […]

Jonathan Hunt, Vox Media’s former vice president of international operations, has left the digital news publisher for a job leading National Geographic’s audience development and digital strategy. Hunt’s hire is part of an expansion of National Geographic’s digital team. Also new at National Geographic will be Marcus East, formerly the digital director at retail company Marks and Spencer, who will be executive vice president of product and […]

10 May 2017 BP today announced that it has started gas production from the first two fields, Taurus and Libra, of the West Nile Delta development in Egypt. The project was delivered eight months ahead of start-up schedule and under budget. First gas was exported to Egypt’s national grid on 24 March 2017 and the commissioning of all nine wells of the development’s first two fields and […]

Manama, 10 May 2017 GFH Financial Group (GFH) announced today that Islamic International Rating Agency (IIRA) has upgraded its national scale ratings by a notch to ‘BBB-(bh)/A3(bh)’ (TripleB Minus/ A Three) with a ‘Stable’ outlook and maintained its international scale ratings at ‘BB/B’ (Double B / Single B),  1`. According to the agency’s report, the rating action recognizes recent positive developments that have reinforced the Group’s balance […]

BEIRUT Air strikes killed at least 11 people, including four children, in a village north of the Syrian city of Raqqa overnight, a war monitoring group said on Wednesday. The Syrian Observatory for Human Rights said warplanes, thought to belong to the U.S.-led coalition against Islamic State, hit al-Salihiya village before midnight and also injured several civilians. A spokesman for the U.S.-led coalition could not immediately be […]

Transport company National Express, stung this week over its CEO’s bonus, said today that currency shifts have helped it produce a near 16 per cent rise in revenues. The bus, coach and rail company, with operations in the UK, Europe and the US, said today that revenues so far this year are up by 5.4 per cent on a constant currency basis, but that translates to a […]

The Local Government Association of Queensland (LGAQ) has announced a live trial of drone technology to be used for disaster management, utilising Telstra’s 4G network and a combination of three drone operators and four software platforms for the tests. The combination of drone operators and software platforms will allow the drones to fly beyond visual line of sight (BVLOS); however, current legislation still requires drones to be […]

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