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BERLIN German rail operator Deutsche Bahn said on Saturday its systems were infected by a global cyber attack that caused computer turmoil in nearly 100 countries. It said in a statement that train services were not disrupted but some electronic boards at stations announcing arrivals and departures had been affected. Pictures posted online by travellers showed red windows appearing on announcement boards with a message demanding a […]

Romero Rodrigues Contributor Romero Rodrigues is a managing partner at Redpoint eVentures, the Brazilian-focused arm of the Silicon Valley venture firm Redpoint. More posts by this contributor: Fintech is booming around the world. Global investments in fintech companies have continued to rise during the last two years. After international financing for fintech startups hit $19 billion in new funding rounds at the end of 2015, the volume […]

WannaCrypt/WannaCry ransomware has affected Windows XP systems across the globe. Image: Cisco Talos Microsoft has taken the unprecedented step of issuing patches for unsupported operating systems – like Windows XP – in the wake of the massive WannaCrypt ransomware attacks against organisations across the globe. Businesses, governments and individuals in 74 countries across the globe have been victims of more than 45,000 attacks by this one strain […]

By Gul Yusufzai | QUETTA, Pakistan QUETTA, Pakistan Ten labourers were gunned down in southwestern Pakistan on Saturday while working on link roads to connect outlying towns to the country’s $57-billion Chinese “Belt and Road” initiative, security officials confirmed.     The attack on the Pakistani labourers took place some 20 kilometres from the emerging port city of Gwadar in Baluchistan province that forms the southern hub of the […]

By Gul Yusufzai | QUETTA, Pakistan QUETTA, Pakistan A bomb exploded next to a convoy of the deputy chairman of the Pakistan Senate on Friday in the violence-plagued province of Baluchistan, killing at least 25 people, officials said. Islamic State claimed responsibility for the bombing. The group’s Amaq news agency said a bomber wearing an explosive vest carried out the attack, which was condemned by a former […]

The EU has protested strongly against a proposed extension of a US ban on laptops on transatlantic flights from some of Europe’s biggest airports, warning that it could pose a risk to flight safety. EU officials have also called on Washington to be more open in sharing security information that would justify enlarging the scope of the ban that the US authorities imposed earlier on flights to […]

By Nelson Renteria | SAN SALVADOR SAN SALVADOR An uptick in deadly violence against transgender women in El Salvador prompted the United Nations on Friday to call for an investigation into crimes against sexual minorities in the conservative Central American country. So far this year, seven transgender women have been killed in El Salvador, according to the Geneva-based Office of the U.N. High Commissioner for Human Rights […]

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Gulf neighbours are expected to demand further economic reforms in Bahrain, the region’s smallest economy, to justify continued financial support, according to a new report. Bank of America Merrill Lynch’s MENA economist Jean Michel-Saliba said that while GCC support remains firm in the near-term, over time, the GCC is likely to require from Bahrain greater reforms to restore sustainability. His report said GCC development funds have stepped […]

This is screengrab taken from the website of the East and North Hertfordshire NHS trust as Britain’s National Health Service is investigating “an issue with IT” Friday May 12, 2017. Several British hospitals say they are having major computer problems Hospitals in London, northwest England and other parts of the country are reporting problems with their computer systems as the result of an apparent cyberattack,.(PA via AP) […]

By Chris at www.CapitalistExploits.at What in God’s name is happening? It’s not a high. It’s a record high. Sweet mother of Mary… As we can see from the above chart courtesy of the FT, emerging markets sold a record amount of government debt in the first quarter of this year. More from the FT here: “Data from Dealogic, a research firm, show that sovereign bond sales from emerging markets rose […]

Greece inched closer to a return to public market finance for at least part of its Sisyphean debt burden this week, with benchmark bond yields dropping to levels seen when the country last issued new debt three years ago. Enthusiasm for the small portion of Greek debt held in private hands and available to trade followed a long-delayed agreement on fiscal and structural reform measures with European […]

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 […]

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 […]

ABIDJAN Soldiers fired shots and sealed off roads leading into the northern Ivory Coast town of Odienne on Friday, a local resident said, as anger at a decision by some leaders of a group of army mutineers to drop demands for bonus payments appeared to spread around the country. “At around 8 a.m. (0800 GMT) some shots were fired in town. And I’ve just heard shots fired […]

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 […]

SEOUL North Korea demanded on Friday the extradition of South Korea’s spy chief, accusing him of being a mastermind of a plot to assassinate its leader, Kim Jong Un, with a biochemical weapon. The North’s KCNA state news agency last week accused the U.S. Central Intelligence Agency and South Korea’s National Intelligence Service (NIS) of a plot to assassinate its “supreme leadership” with a biochemical weapon. The […]

By Nick Carey | ORWELL, Ohio ORWELL, Ohio Three years ago if a customer walked onto Dan Reel’s used car lot seeking a late-model off-lease Ford Escape, his answer was short: tough luck. The supply of lightly-used cars and trucks was tight because automakers had drastically cut back on bargain leases during and after the Great Recession. Recently, though, a computer search for available used vehicles within […]

Female professionals in Singapore are calling it quits, as 77% of them set their sights on better job opportunities in the next 12 months, according to findings from a new study by Monster.com. The study, which surveyed over 2,000 respondents across Southeast Asia, sheds light on the challenges women and mothers face in the workplace. Through the study, Monster.com wants to help employers understand how to bridge […]

MADRID Dozens of protesters against Venezuela’s socialist President Nicolas Maduro massed outside a cultural centre in Madrid on Thursday evening as the country’s ambassador to Spain, who was stuck inside, decried what he called a “kidnapping” by demonstrators. Several hundred people gathered outside the extension of the Venezuelan embassy at around 1630 GMT. By 2100 GMT, dozens of protesters were still chanting “Venezuela, freedom!” at the site […]

With the narrative of how the Comey firing went down in constant flux (The White House and President Trump contradicting each other), WSJ reports that Deputy Attorney General Rod Rosenstein pressed White House counsel Don McGahn to correct what he felt was an inaccurate White House depiction of the events surrounding FBI Director James Comey’s firing, according to a person familiar with the conversation. If you’re confused […]

JERUSALEM: The Red Cross visited the leader of hundreds of Palestinian prisoners on hunger strike in Israeli jails on Thursday for the first time since the strike began, a spokesman said.A delegate from the International Committee of the Red Cross visited strike leader Marwan Barghouti on Thursday morning, the spokesman told AFP, the first such visit since the strike began 25 days ago.The spokesman was unable to […]

The Federal Bureau of Investigation’s acting director has contradicted Donald Trump over the firing of James Comey, denying the ousted chief had lost the support of employees as he insisted the FBI’s Russia probe would not be knocked off course. Andrew McCabe, the FBI acting director, also told the Senate intelligence committee that the probe into alleged collusion between Moscow and the Trump election campaign was “highly […]

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