Category: Finance

Royal Mail hackers demanded £65mn ransom

The LockBit hacking group that encrypted Royal Mail knowledge sought a £65.7mn ransom from the corporate, a requirement that the postal group’s board seems to have rebuffed, so setting the stage for a possible large-scale leak of firm data. Negotiations with the hackers fell aside after greater than three weeks of back-and-forth that included discussions […]

Live news: Tokyo formally nominates Kazuo Ueda as central bank governor

The Japanese authorities has formally named Kazuo Ueda to grow to be the subsequent central financial institution governor, turning to a revered financial coverage knowledgeable to find out the way forward for the nation’s decades-old ultra-loose insurance policies. Ueda, described as “Japan’s Ben Bernanke” by former US Treasury secretary Larry Summers, was a Financial institution […]

Giorgia Meloni bristles over Italy’s ‘junior’ seat at European table

When Ukraine’s Volodymyr Zelenskyy dropped into the Élysée Palace for a last-minute, late-night supper along with his French and German counterparts final week, Italy’s prime minister Giorgia Meloni was fuming. Simply eight months earlier, Meloni’s predecessor Mario Draghi had shared a practice compartment to Kyiv with France’s Emmanuel Macron and Germany’s Olaf Scholz, a trio […]

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