Hackers demanded ransom money from Norsk Hydro to stop an ongoing cyber attack on its IT systems, public broadcaster NRK reported on its website, citing a message sent by the Norwegian National Centre for Cybersecurity.
A series of buyout funds including U.S. firms Advent and Blackstone are in talks with advertising group WPP to explore bids for a majority stake in its data analytics unit Kantar, four sources familiar with the matter told Reuters.
A strong majority of people in wealthy countries want to tax the rich more and there is broad support for building up the welfare state in most countries, a survey conducted for the OECD showed on Tuesday.
Norsk Hydro, one of the world’s largest producers of aluminum, was battling on Tuesday to contain a cyber attack which hit parts of its production, sending its shares lower.
Fiat Chrysler shares jumped on Tuesday to the top of Europe’s STOXX 600 after the president of Peugeot family holding company FFP told French daily Les Echos he would support a new deal and suggested Fiat Chrysler was among the options.
U.S. stock futures rose slightly on Tuesday as investors anticipated a more accommodative policy stance from the U.S. Federal Reserve in a two-day policy meeting this week.
More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets around the world have been taken out of service following two fatal crashes over the past five months in Ethiopia and Indonesia that killed almost 350 people in all.
India’s aviation regulator said on Tuesday that Jet Airways is currently operating only 41 aircraft, just a third of its original fleet, as the debt-laden carrier struggles to finalize a rescue deal with lenders and its major shareholder Etihad Airways.
German Chancellor Angela Merkel said on Tuesday only Deutsche Bank and Commerzbank could decide whether they wanted to merge, making clear she would not take a stand.
The investigation into the final minutes of Ethiopian Airlines Flight 302 turned on Tuesday to the secrets in the cockpit voice recorder as Boeing and a shaken global aviation industry hung on the outcome.
HSBC is stepping up a root-and-branch overhaul of its global banking and markets division, naming 83 new managing directors in a 1,300-strong promotions spree aimed at revitalizing its investment banking franchise.
Norsk Hydro, one of the world’s largest producers of aluminum, was battling on Tuesday to contain a cyber attack which hit its production facilities, sending shares lower.
The cyber attack on aluminum producer Norsk Hydro began on Monday evening and escalated during the night, the Norwegian state agency in charge of cyber security said on Tuesday.
Aluminum maker Norsk Hydro has closed down some of its metal extrusion plants due to a cyber attack on its operations, it said on Tuesday.
Standard Life Aberdeen said it has won a legal battle to stop Lloyds cancelling a 100 billion pound ($133 billion) investment management contract early, a decision which could cost the bank hundreds of millions of pounds in extra fees.
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