Colonial Pipeline paid hackers nearly $5 million in ransom – Bloomberg News

© Reuters. FILE PHOTO: Holding tanks are seen in an aerial photograph at Colonial Pipeline’s Dorsey Junction Station in Woodbine, Maryland, U.S. May 10, 2021. REUTERS/Drone Base/File Photo (Reuters) -Colonial Pipeline paid nearly $ 5 million to Eastern European hackers on Friday after a crippling cyberattack that shut the largest fuel pipeline network in the […]

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SoftBank to lead nearly $1.2 billion investment in diagnostics firm Invitae

© Reuters. FILE PHOTO: SoftBank Corp’s logo is pictured at a news conference in Tokyo (Reuters) -Invitae Corp said on Monday a group of investors including SoftBank Group Corp will invest $ 1.15 billion in the U.S. genetic diagnostics company. It said the investment, to be used for its growth initiatives, will be in convertible […]

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Economic calendar due from Asia today, Friday 2 April 2021, is nearly empty

Its a holiday across much of Asia, including for me! So, I won’t be around too much but will pop in from time to time. 2350 GMT will bring data from Japan, March monetary base. Via Investopedia: The monetary base is the total amount of a currency that is either in general circulation in the […]

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S&P trades to a new session high and nearly erases loss for the day

Dow industrial average continues to lead the way and the Nasdaq lags far behind The S&P index is traded to a new session high 3937.66. That took the price nearly to unchanged on the day. The current price is at 3937.31, down -2.03 points or -0.05%. The Dow industrial average continues to lead the charge with a gain […]

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GBP/USD Hits Nearly 3-Year High, but Analyst Warns Brexit Impact Yet to Arrive

© Reuters Yasin Ebrahim Investing.com – The pound surged to nearly three-year highs against the dollar Thursday, and is likely to continue its upward trajectory over the short-term, but could be in for rude awakening once the impact of Brexit begins to make its mark. rose 0.81% to $ 1.3965 reaching its highest level March 2018. […]

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UK manufacturing industry slashes its growth outlook nearly in half on Brexit ‘Knockout blow’

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do […]

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American Airlines holds first civilian passenger flight of 737 MAX in nearly two years

© Reuters. FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked at Boeing facilities at Grant County International Airport in Moses Lake By Tracy Rucinski DALLAS (Reuters) – Boeing (NYSE:) Co’s 737 MAX on Wednesday will make its first public demonstration flight with members of the media since being grounded over fatal crashes, as […]

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China to invest nearly $900 billion in power grids: state media

BEIJING (Reuters) – China will invest close to $ 900 billion in the next five years to help further develop the country’s power grids, the official Xinhua News Agency reported on Saturday. Investments in power grids and related industries are expected to exceed 6 trillion yuan ($ 896 billion) in 2021-2025, Xinhua reported, citing Mao […]

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Oil up Nearly 2% on U.S. Manufacturing Hopes, But Demand Outlook Still Grey

© Reuters. By Barani Krishnan Investing.com – Oil markets began August trading on an ebullient note, rising 2% on encouraging U.S. manufacturing data and bets by market bulls that demand for crude will survive a rollback in output cuts by OPEC. “Crude prices are rising after a plethora of manufacturing surveys showed the economic recovery […]

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