North Korea probably stole South Korean warship blueprints after hacking into Daewoo Shipbuilding & Marine Engineering Co Ltd’s database in April last year, a South Korean opposition lawmaker said on Tuesday. North Korea has often been implicated in cyber attacks in South Korea and elsewhere but Pyongyang has either ignored or denied accusations of hacking. […]
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Catalan separatists are seeking refuge in Belgium — causing an awkward rift between EU nations
Catalonia’s leaders are reportedly seeking safety in Brussels as they face criminal charges for spearheading the region’s independence movement, throwing up a potentially awkward situation between Belgium, the EU and Spain. Deposed Catalan leader Carles Puigdemont and several members of his pro-independence administration travelled to Brussels in Belgium on Monday and hired a lawyer, fueling […]
Read moreWPP, the world’s biggest advertising company battling a slowdown in client spending, lowered expectations for full-year organic net sales and profit margin on Tuesday, two months after an earlier downgrade sent shockwaves through the industry. Led by the high-profile British businessman Martin Sorrell, WPP said it now expected like-for-like net sales growth to come in […]
Read moreAirbus said on Tuesday it had uncovered problems involving the use of sales agents to sell U.S. arms technology, dragging the United States for the first time into a growing corruption scandal at Europe’s largest aerospace firm. Airbus also warned of a material impact from potential fines resulting from existing bribery investigations in the UK […]
Read moreApple’s iPhone X goes on sale Friday and it’s without a doubt one of the most important device launches in the company’s history. At a $999 starting price, the flagship device has to impress, and prove that Apple can still innovate. The U.S. technology giant has been criticized at times for not being the market […]
Read moreChina has flown bomber jets near the United States territory of Guam and practiced attacks against the island, according to U.S. military officials, Defense News reported Tuesday. Chinese firepower, along with its host of provocative military activities, is causing the United States to worry about the country as a primary danger in the Pacific region […]
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Ryanair says it's still on track for record profits despite flight cancellations
Ryanair posted an 11 percent rise in net profit for the first half of the year, and iterated it’s still on track for solid full-year results despite recent flight cancellations. Here are some of the key metrics: Net profit: 1.293 billion euros ($1.51 billion), vs 1.168 billion euros a year ago EPS: 1.07 euros ($1.25) […]
Read moreAs I stepped into the back seat of Waymo’s self-driving minivan for a ride around the company’s test facility in Atwater, California, it felt like dozens of other times I had ridden in a minivan. That changed once I shut the door and I took off for a short drive where the minivan encountered pedestrians, […]
Read moreEuropean stocks are set to open slightly higher on Tuesday morning as investors continued to monitor a fresh batch of corporate earnings. Looking to the major bourses, the U.K.’s FTSE 100 is expected to open 4 points higher at 7,482, while the German DAX is set to start on a positive note, up 9 points […]
Read moreSony reported fiscal second-quarter earnings and revenue that beat forecasts thanks to a strong performance from its PlayStation gaming business, and said it expects its best profit since 1998. The Japanese electronic giant reported the following numbers for the three months to September 30: Sales of 2.06 trillion Japanese yen ($18.2 billion) vs 1.86 trillion […]
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