Iran hackers targeted airlines, energy firms

Iranian hackers have infiltrated some of the world's top energy, transport and infrastructure companies over the past two years in a campaign that could allow them to eventually cause physical damage, according to U.S. cyber security firm Cylance.


Asian shares edge down, oil rises as crude inventories decline

The dollar marked a fresh seven-year high against the yen on Wednesday, which helped lift the Nikkei to a similar record, while oil prices recovered after data showed a drop in U.S. supply.

Alibaba, Tencent chairmen invest in China's Ping An Insurance

The founders of Alibaba Group Holding Ltd (BABA.N) and Tencent Holdings Ltd (0700.HK) were among a consortium of investors who purchased stakes in Ping An Insurance Group Co of China Ltd (2318.HK) (601318.SS) in a HK$36.5 billion ($4.7 billion) deal on Sunday, in one of the largest Hong Kong share offerings of the year.

Standard Chartered may appoint new banking advisers

Standard Chartered (STAN.L) said it is considering replacing its banking advisers, UBS and JPMorgan, and has invited rival investment banks to pitch for the potentially lucrative business.


Latest News

U.S. online sales grew a smaller than expected 8 percent on Cyber Monday after web promotions before and during the Thanksgiving weekend robbed business from what has traditionally been the busiest day of the year for Internet shopping.
Samsung Electronics Co Ltd agreed to sell its fibre optics operations to U.S. specialty glass maker Corning Inc, exiting another non-core business to focus on shoring up underperforming key areas like smartphones.
The Federal Bureau of Investigation warned U.S. businesses that hackers have used malicious software to launch a destructive cyberattack in the United States, following a devastating breach last week at Sony Pictures Entertainment.
Standard & Poor's on Tuesday cast doubt on Prime Minister Shinzo Abe's ability to repair Japan's tattered finances less than two weeks away from a snap election, after Moody's downgraded the country's sovereign debt rating.
British insurer Aviva (AV.L) agreed terms on Tuesday for a 5.6 billion pound ($8.8 billion) all-share takeover of rival Friends Life (FLG.L), responding to pressures caused by pension industry reform.
Stock markets recovered from their latest bout of oil and growth-related trauma on Tuesday, helped by promises from U.S. policymakers and the head of the IMF that lower fuel costs would boost the world economy.
Azul SA, Brazil's third-biggest airline, revived plans for an initial public offering in Sao Paulo and New York as it prepared to add the first of 75 Airbus jets and to begin flights to the United States.
The United Auto Workers union said on Monday it will press managers of the Daimler AG's (DAIGn.DE) Mercedes-Benz assembly plant in Alabama to respect the right of workers to discuss organizing a local union while on the factory floor.
Asian equities gained on Tuesday as a rebound in the crude oil price gave resource-related sectors a breather, but Tokyo shares bucked the trend and slipped as the yen's losing streak was tempered.
Security researchers say they have uncovered a cyber espionage ring focused on stealing corporate secrets for the purpose of gaming the stock market, in an operation that has compromised sensitive data about dozens of publicly held companies.
Real Time Analytics