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Hackers Who Breached ION Say Ransom Paid; Company Declines Comment
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Hackers Who Breached ION Say Ransom Paid; Company Declines Comment

Ritu February 4, 2023 0 comment

The hackers who claimed responsibility for a disruptive breach at financial data firm ION say a ransom has been paid, although they declined to say how much it was or offer any evidence that the money had been handed over. ION Group declined to comment on the statement. Lockbit communicated the claim to Reuters via […]

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Japan Startup Selling $550,000 Star Wars-inspired Hoverbike To List On NASDAQ
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Japan Startup Selling $550,000 Star Wars-inspired Hoverbike To List On NASDAQ

Ritu February 3, 2023 0 comment

Japanese startup Aerwins Technologies, which is selling a Star Wars-inspired $555,000 hoverbike, has received approval to list on the NASDAQ in a merger with blank-check firm Pono Capital Corp, the manufacturer said on Friday. Aerwins, which is taking orders for the XTurismo hoverbike with a motorcycle-like body on top of propellers that it unveiled last […]

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Fashion Retailer H&M’s Profit Tumbles As Costs Bite
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Fashion Retailer H&M’s Profit Tumbles As Costs Bite

Ritu January 27, 2023 0 comment

Sweden’s H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags, sending its shares down 7% in early trade. Operating profit in the period, the world’s second-biggest fashion retailer’s fiscal fourth quarter, was 821 […]

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Oil prices extend decline on recession fears, China COVID curbs

Ritu October 12, 2022 0 comment

Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and tightening COVID-19 curbs in China Brent crude futures fell 51 cents, or 0.5%, to $93.78 a barrel by 0033 GMT. U.S. West Texas Intermediate crude was at $88.66 […]

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Canara Bank plans to invest Rs 1,000 crore in digital banking infrastructure
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Canara Bank plans to invest Rs 1,000 crore in digital banking infrastructure

Ritu May 12, 2022 0 comment

Canara Bank, a public sector lender, wants to invest Rs 1,000 crore in a digital banking ecosystem, including a super-app, over the next three years. Next month, the Bengaluru-based bank will reveal its super app (which has yet to be named). According to K Satyanarayana Raju, managing director of Canara Bank, this would entail upgrading […]

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