Business

Slower hiring, lower unemployment offer mixed USA labour signs

Slower hiring, lower unemployment offer mixed USA labour signs

Signs of weakness were not confined to May, with average job creation for the last three months down to 121,000 after a combined downward revision of 66,000 to the jobs data for April and March. "Firms are adding workers, creating new positions, and increasing compensation to attract better applicants and keep their best performers", said Chief Economist Bill Dunkelberg.


Wikipedia Blames Nation Security Agency For Ransomware Attack

Wikipedia Blames Nation Security Agency For Ransomware Attack

More than 300,000 Windows systems were struck by WannaCry attacks, which crippled many organizations, including several hospitals in the United Kingdom. The patch blocked the vulnerability exploited by WannaCry . Sadly, the program had two main caveats: It can only operate if the system has been recently infected and not rebooted since, and it was only effective on Windows XP.



Four countries cut links with Qatar over 'terrorism' support

Saudi Arabia , Egypt, Bahrain and the United Arab Emirates have cut diplomatic ties with Qatar , accusing it of destabilising the region. The ministry's statement said Qatari citizens needed to leave Bahrain within two weeks and that air and sea traffic between the two countries would be halted.


ISIS claims responsibility for London Bridge attack

ISIS claims responsibility for London Bridge attack

The incident left seven people dead for which Prime Minister Theresa May blamed the "evil ideology of Islamist extremism". Several political parties, including the ruling Conservatives and the main opposition Labour Party, suspended campaigning on Sunday for a day "as a mark of respect", May said.


British Airways resumes flights from London after IT outage causes chaos

British Airways resumes flights from London after IT outage causes chaos

Flights coming into London are expected to land as normal, and the company said traffic would resume as normal tomorrow, Sunday, May 28. The outage comes on a busy weekend in Britain, where Monday is a public holiday and many schoolchildren are beginning their half-term break.


Oil price dips below US$50 after Trump exits climate change pact

Oil price dips below US$50 after Trump exits climate change pact

Crude futures, which ended last week below $48, may dip as low as $45 before spurring new buying, said Bill O'Grady, chief market strategist at Confluence Investment Management in Webster Groves, Missouri. In 2007, America imported about 60 percent of its oil, but by 2014, the US only imported 27 percent of its oil - that's the lowest level since 1985, according to government data .