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Ferrari reports cyber incident with ransom demand; no impact to operations

(Reuters) -Italian luxury sports car maker Ferrari SpA said on Monday that a hacker recently demanded ransom from the company related to certain client contact details, adding that the breach had no impact on the company’s operations. Ferrari said it notified its customers of the potential data exposure and the nature of the incident. The …

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Credit Suisse AT1 bondholders consider possible legal action -law firm

By Naomi Rovnick, Pablo Mayo Cerqueiro and Chiara Elisei LONDON (Reuters) – Lawyers from Switzerland, the United States and UK are talking to a number of Credit Suisse Additional Tier 1 (AT1) bond holders about possible legal action after the state-backed rescue of Credit Suisse by UBS wiped out AT1 bonds, law firm Quinn Emanuel …

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Britain reports case of atypical mad cow disease

PARIS (Reuters) – Britain has reported a case of bovine spongiform encephalopathy (BSE), commonly called mad cow disease, in the southwestern county of Cornwall, the World Organisation for Animal Health (WOAH) said on Monday. The case of the case of atypical H-type BSE was confirmed in a 17-year-old indigenous cow on a beef suckler farm, …

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Northern Ireland’s DUP to vote against key part of new Brexit deal

By Kylie MacLellan and Amanda Ferguson LONDON/BELFAST (Reuters) -Northern Ireland’s Democratic Unionist Party on Monday said it would vote against a key element of the British government’s agreement with the European Union on post-Brexit trade rules, in a blow for British Prime Minister Rishi Sunak. But leader Jeffrey Donaldson said his party might yet be …

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UK PM’s office: We’re ready to reassure DUP, but no plans to change new Brexit deal

LONDON (Reuters) – British Prime Minister Rishi Sunak is ready to reassure Northern Ireland’s Democratic Unionist Party (DUP) over the deal with the European Union to smooth post-Brexit trade but has no plans to change the agreement, his spokesperson said on Monday. The DUP said they would vote against a key element of the so-called …

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Analysis-Credit Suisse takeover sends shockwaves through London’s banking sector

By Lawrence White, Sinead Cruise and Iain Withers LONDON (Reuters) – Bankers in London braced for hundreds of potential job losses and a hit to Britain’s already-dented financial sector after the historic rescue of Credit Suisse by Swiss rival UBS. Credit Suisse staff had already been seeking to jump ship in recent weeks, sources told …

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Amazon to cut 9,000 jobs in second round of layoffs

(Reuters) – Amazon.com Inc said on Monday it would cut 9,000 jobs, making it the latest Big Tech company to announce a second round of layoffs in the face of a possible recession. Numerous tech giants including Microsoft Corp, Salesforce Inc, Alphabet and Meta Platforms have slashed thousands of jobs in recent months after pandemic-led …

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China’s Xi to Putin: Russians will support you in 2024 election

By Guy Faulconbridge (Reuters) -Chinese President Xi Jinping told President Vladimir Putin on Monday that he was convinced Russians would support him in a presidential election due in 2024, even though the Kremlin chief has not yet said if he will seek another term. Putin, who came to power on the last day of 1999 …

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EY’s ‘paused’ split dragged into $2.7 billion London lawsuit

By Sam Tobin LONDON (Reuters) – EY’s plans to split its auditing and consulting arms have been dragged into a $2.7 billion lawsuit brought in London by the administrators of troubled hospital operator NMC Health PLC over concerns EY would be unable to pay if it loses the case. The company, formerly known as Ernst …

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Ukrainian ballerina uprooted by war flies high again in Swan Lake

By Krisztina Than and Marton Monus BUDAPEST (Reuters) – After the lights dim in Budapest’s magnificent Opera House, Ukrainian ballerina Ganna Muromtseva flutters high with undulating arms in the lead role of Tchaikovsky’s Swan Lake ballet. At the end, the audience bursts into applause. One year ago, the 29-year-old dancer fled Ukraine’s capital Kyiv on …

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