Business


United Kingdom interior minister says health system has recovered from cyber attack

According to reports, the hackers have demanded the ransom be paid in cryptocurrency bitcoin. Security experts said the attack appeared to be caused by a self-replicating piece of software that enters companies and organisations when employees click on email attachments, then spreads quickly internally from computer to computer when employees share documents.



US Close to Completing Saudi Arms Deal Worth Over $100 Billion

Asked if the decision or an announcement could take place before he leaves for Saudi Arabia on Friday, he said: "Even that is possible". Some of the deals are new, while others were already in the pipeline. A number of USA lawmakers have previously objected to weapons deals with Saudi Arabia over concerns of the kingdom's involvement in Yemen's civil war, although proponents say they are necessary to act as a deterrent against Iran and to combat the Islamic State terror group.



Justin Bieber's India concert

As a part of his Purpose Tour, Bieber arrived in India early Wednesday. "I expected him to sing LIVE, but he just sounds like his songs on my play list". Bieber even praised a fan from the crowd saying "I like your objective tour merch [merchandise]". Apart from local police and the singer's own security detail, Salman Khan's bodyguard Shera has also been roped in to ensure Bieber's safety.


Crude rebounds on supply draw & OPEC holds firm

Crude rebounds on supply draw & OPEC holds firm

Brent crude jumped back above US$50 on the news and stayed there, buoyed by the ministers' comments, while WTI, which last Friday slipped below US$45 a barrel, regained some ground, settling yesterday at US$47.91 a barrel. The twelve member states will be joined by Russian Federation, but U.S. production remains a concern. Norwegian consultancy Rystad Energy said that "U.S.