Global hack blamed on Russian cybercriminals affects insurance giant and California pension fund
The fallout from a global hacking incident tied to Russian cybercriminals widened on Thursday as US insurance provider Genworth Financial revealed that 2.5 million of its policyholders and customers had their data accessed in the hack, while California's public pension fund said 769,000 of its members were affected.
1970-01-01 08:00
Zambia Debt Deal Spurs Rally in Distressed Emerging Markets
Bonds of developing nations in debt distress gained on Friday in a broad relief rally sparked by Zambia’s
1970-01-01 08:00
Fed’s Bostic Says Tackling High Inflation Is Top Priority
Federal Reserve Bank of Atlanta President Raphael Bostic said defeating elevated inflation was the US central bank’s top
1970-01-01 08:00
Dollars Are So Scarce in Argentina That Yuan Use Is at a Record
It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is
1970-01-01 08:00
Marketmind: Business brakes in June swoon, dollar jumps
A look at the day ahead in U.S. and global markets from Mike Dolan Just as world stock prices raced
1970-01-01 08:00
Global equity funds see over $15 billion in outflows on rate hike worries
Global equity funds suffered substantial outflows during the seven days to June 21 amid concerns over borrowing costs
1970-01-01 08:00
Andrew Sentance Says Markets ‘Jumping The Gun’ With 6% Rate Bets
A former Bank of England policy maker who has criticized officials for failing to rein in inflation more
1970-01-01 08:00
UK Firms Say Wages Add to Inflation Pressures Despite Slowdown
British businesses said staff shortages that are forcing them to drive up wages are adding to the cost
1970-01-01 08:00
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
1970-01-01 08:00
Macron Says France to Channel More IMF Resources to Poor States
France will boost the volume of International Monetary Fund resources it channels back to the institution for lending
1970-01-01 08:00
Take Five: The only way is up
It's been a turbulent week or two for markets, with one central bank after another making it very
1970-01-01 08:00
Germany Loses Momentum as Services Slowdown Weighs on Economy
Germany’s economic activity lost much more momentum than anticipated in June, driven by a slowdown in services and
1970-01-01 08:00