19 July

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Norway says cyber attack on parliament carried out from China By Reuters

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By Nora Buli OSLO (Reuters) -Norway said on Monday that a March 10 cyber attack on parliament's e-mail system was carried out from China, calling on authorities there to take steps to prevent such activities. "This is a serious incident which has hit our most important democratic institution," Foreign Minister Ine Eriksen Soereide said in a statement. An investigation by the country’s intelligence services had revealed the attack came from China and several of Norway’s allies, the European Union and Microsoft (NASDAQ:MSFT), had also confirmed this conclusion, she added. The Chinese embassy in Norway was...

19 July

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American duo sentenced to prison by Tokyo court for helping Ghosn flee Japan By Reuters

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By Tim Kelly and Eimi Yamamitsu TOKYO (Reuters) -A Tokyo court on Monday doled out the first sentences in Japan related to Carlos Ghosn's arrest and escape, imprisoning U.S. Army Special Forces veteran Michael Taylor for two years and his son Peter for one year and eight months for helping the former Nissan Motor Co Ltd chairman flee to Lebanon in 2019. "This case enabled Ghosn, a defendant of serious crime, to escape overseas," Hideo Nirei, the chief judge, said while explaining the judgement. "One year and a half has passed, but there is no...

19 July

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Lagarde’s Strategy Hints at New Era of ECB Teamwork With Germans By Bloomberg

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(Bloomberg) -- President Christine Lagarde had barely begun unveiling the European Central Bank’s new monetary policy strategy this month when she signaled that the Germans were on board. By quickly highlighting officials’ unanimous backing, she revealed the support of Bundesbank chief Jens Weidmann -- validation that also underscored how the hawkish and conservative institution he leads is committed to exerting influence through engagement rather than confrontation, and is quietly satisfied with the results. Compare that to the history of Bundesbankers’ temper tantrums against ECB policies over the years, featuring bitter resignations and disagreements fought out in...

19 July

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FTSE 100 hits two-month low on virus, economic recovery fears By Reuters

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By Sagarika Jaisinghani (Reuters) - The FTSE 100 fell to a two-month low on Monday on concerns that a spike in coronavirus infections could derail a nascent economic recovery, while a recent surge in inflation raised fears of a quicker tapering in global monetary stimulus. The blue-chip FTSE 100 and the mid-cap FTSE 250 tumbled 1.2% and 1.5%, respectively, as Prime Minister Boris Johnson lifted most restrictions in England in what some have dubbed "Freedom Day" despite fresh cases. Energy, mining and financial stocks were among the biggest decliners, while no single FTSE 100 stock posted...

19 July

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Strategy Review, tick, next? Five questions for the ECB By Reuters

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By Dhara Ranasinghe and Saikat Chatterjee LONDON (Reuters) - Expected until recently to be a quiet gathering before the summer break, the European Central Bank's July 22 meeting is shaping up to be a key event following the release of its long-awaited strategy review. Under the new strategy unveiled on July 8, the ECB will target inflation of 2% and tolerate higher inflation when interest rates are near rock-bottom, as they are now. "July looked like a meeting that could have been cancelled," said Carsten Brzeski, chief economist at ING Germany. "Now it's become...

19 July

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SThree expects annual earnings beat after robust first-half on hiring rebound By Reuters

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(Reuters) - SThree Plc forecast annual earnings to be ahead of analysts' estimates on Monday, after the British recruiter's first-half operating profit more than doubled as hiring rebounded in some sectors. Recruiters around the globe were hammered last year as the pandemic forced most firms to halt new hiring. However, a ramp-up in vaccinations and re-opening of some economies have started encouraging many companies to resume recruiting. "The momentum built across the first half has continued into current trading, with strong KPIs (key performance indicators) on new placement activity and contractor retention rates," Chief Executive...

19 July

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UK’s Ocado shares lower after fire at biggest automated warehouse By Reuters

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LONDON (Reuters) - Shares in Ocado (LON:OCDO) were 3% lower on Monday after the British online supermarket and technology group's largest automated warehouse suffered a fire, halting the fulfilment of customer orders from the site. The blaze at its centre at Erith, south east London, on Friday was the second major fire at the group in the past three years. Ocado said on Saturday the fire appeared to have been caused by the collision of three robots on the warehouse's grid system. It said the damage was limited to a small section of less than 1%...

19 July

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Bill Ackman rejigs Universal deal after SPAC plan criticised By Reuters

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PARIS (Reuters) -Billionaire investor Bill Ackman will buy up to 10% of Vivendi (PA:VIV)'s Universal Music Group through his main hedge fund, rather than a special purpose acquisition company (SPAC), after investors and regulators questioned his use of a SPAC. The investment had come just ahead of a plan by Vivendi to list and spin-off 60% of Universal to its shareholders, cashing in on booming streaming revenues at the unit behind singers such as Taylor Swift. Pershing Square (NYSE:SQ), the main hedge fund run by Ackman, will now replace Pershing Square Tontine...

19 July

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Women make up nearly a third of financial service firm boards, report says By Reuters

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By Simon Jessop LONDON (Reuters) - The proportion of women on the board at 200 of Britain's top financial firms has risen to nearly a third in the five years since the government launched an initiative to improve gender balance in the sector, a report on Monday said. Since the launch of the HM Treasury Women in Finance Charter in March 2016, the number of women on the board at the companies had risen to 32% from 23%, think tank New Financial said in a review of the charter's impact. Female representation on executive committees, meanwhile,...

19 July

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Israeli firm’s spyware used to target journalists’ cell phones – reports By Reuters

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WASHINGTON (Reuters) - An Israeli company's spyware was used in attempted and successful hacks of 37 smartphones belonging to journalists, government officials and human rights activists around the world, according to an investigation by 17 media organizations published on Sunday. One of the organizations, The Washington Post https://www.washingtonpost.com/investigations/interactive/2021/nso-spyware-pegasus-cellphones/?itid=lk_inline_manual_14, said the Pegasus spyware licensed by Israel-based NSO Group also was used to target phones belonging to two women close to Jamal Khashoggi, a Post columnist murdered at a Saudi consulate in Turkey in 2018, before and after his death. The Guardian https://www.theguardian.com/world/2021/jul/18/revealed-leak-uncovers-global-abuse-of-cyber-surveillance-weapon-nso-group-pegasus, another of the media...

Меню

Norway says cyber attack on parliament carried out from China By Reuters

American duo sentenced to prison by Tokyo court for helping Ghosn flee Japan By Reuters

Lagarde’s Strategy Hints at New Era of ECB Teamwork With Germans By Bloomberg

FTSE 100 hits two-month low on virus, economic recovery fears By Reuters

Strategy Review, tick, next? Five questions for the ECB By Reuters

SThree expects annual earnings beat after robust first-half on hiring rebound By Reuters

UK’s Ocado shares lower after fire at biggest automated warehouse By Reuters

Bill Ackman rejigs Universal deal after SPAC plan criticised By Reuters

Women make up nearly a third of financial service firm boards, report says By Reuters

Israeli firm’s spyware used to target journalists’ cell phones – reports By Reuters

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