Business

Follow CERT-In instructions on WannaCry attack: RBI to banks

Follow CERT-In instructions on WannaCry attack: RBI to banks

The newest computer ransomware to hit on a global scale first appeared late last week and continues to replicate across Europe and Asia, affecting hundreds of thousands of users and businesses, universities and even hospitals. Moreover, with rampant piracy in the country, higher usage of unlicensed software could make the situation worse, they warned. WannaCry is a form of ransomware which will lock the files of your computer and encrypts them in a way that you can not access them ...


Labour pledges 'Robin Hood' tax on City

Labour pledges 'Robin Hood' tax on City

But the move could cause an outcry in the City - which is already facing uncertainty over Brexit - as the proposal could undermine competitiveness in the sector. David Hillman, spokesman for the Robin Hood Tax Campaign, said the money raised could make a "huge difference" to the poorest and most vulnerable people in Britain.


Cyberattack hits 200000 in at least 150 countries

Cyberattack hits 200000 in at least 150 countries

New variants of the rapidly replicating malware were discovered Sunday. "The latest count is over 200,000 victims in more than 150 countries , and those victims, many of those will be businesses, including large corporations", European Union police agency Europol's director Rob Wainwright said in a TV interview.


Bank of England says rates may need to rise before late 2019

Bank of England says rates may need to rise before late 2019

The report, released alongside the rates decision, also offered some cheer for the growth outlook as forecasts were raised to 1.7% for 2018 and 1.8% in 2019 from February's prediction for 1.6% and 1.7% respectively. The slowdown appears to be concentrated in consumer-facing sectors, partly reflecting the impact of sterling's past depreciation on household income and spending.


Oil price collapses below US$45

Oil price collapses below US$45

It fell 4 percent on Thursday. John Kilduff, founding partner at energy hedge fund Again Capital , said there was no one headline moving oil on Thursday. USA oil production is increasing and the drawdown on the U.S. crude stock came in at 930000 barrels less than half of the 2.3 million barrel reduction that had been anticipated, a factor which may soften demand.



Horgan holds hope he will be BC premier

Weaver confirmed that he had met with NDP leader John Horgan , and that the two leaders agreed on many issues, including education and income disparity. Clark added that the Liberal vote went down, the NDP vote stayed the same, as the Green vote went up, saying she's taking her cue from the voters. The Green Party led in 3 districts , headed for potentially its best performance ever, Bloomberg reported.