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Cyber expert credited with stopping ‘WannaCry’ attack admits malware charges

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(Reuters) – A British cyber security researcher hailed as a hero for neutralizing the global “WannaCry” ransomware attack in 2017 has pleaded guilty to U.S. charges of writing malware. Marcus Hutchins, who was charged on 10 counts in the United States, pleaded guilty to two of them, with the U.S. government agreeing to move toward Read More

Exclusive: Tereos still searching for wider funding – sources

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(Corrects headline and paragraph 1 to make clear that syndication process is ongoing, to make clear in paragraph 5 that no offers finalized by April 15, to clarify sourcing throughout) FILE PHOTO: The Tereos logo is displayed at a sugar beet processing plant in Origny-Sainte-Benoite, France, March 20, 2019. REUTERS/Benoit Tessier/File Photo By Sybille de Read More

China’s newest oil hotspot is in America’s backyard

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China is ramping up its oil drilling initiative in Cuban waters, using cutting-edge technology to reach deposits that Cubans couldn’t touch. Chinese state-run news agency Xinhua said on Tuesday that an affiliate of Chinese oil major CNPC, Great Wall Drilling, was drilling for oil off Cuba’s coast as part of a joint venture with state-owned oil firm Read More

Turkey embraces Russia’s national payment system credit card Mir

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The largest banking chain in Turkey, along with the country’s 10,000 online retailers, have started accepting Russia’s Mir cards, according to the CEO of Russia’s national payment system (NSPK), Vladimir Komlev. “We would like to announce that today is a great day. Mir cards are now accepted in Turkey. Yesterday, the testing was finalized,” the Read More

Despite headwind, Japan’s Nomura says intent on going it alone

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TOKYO (Reuters) – Japan’s Nomura Holdings has no plan to follow the lead of Wall Street rivals and seek a tie-up with a commercial lender, its chief executive told Reuters, pledging to stay independent even as the investment bank faces its first annual loss in a decade. FILE PHOTO: Investors stand in front of a Read More

Who will succeed Carney to run Britain’s central bank?

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LONDON (Reuters) – Britain is starting its search for a new governor of the Bank of England to succeed Mark Carney who is due to step down in January 2020. FILE PHOTO: Governor of the Bank of England Mark Carney arrives for a G-20 Finance Ministers and Central Bank Governors’ meeting at the IMF and Read More

‘You will fail again, like in the Bay of Pigs’: Cuban officials rebuff new US sanctions

5 days ago DieselGasoil Comments Off on ‘You will fail again, like in the Bay of Pigs’: Cuban officials rebuff new US sanctions
Cuban officials didn’t even need to look for a punchline for their response to new US sanctions, announced on the same day that, almost six decades ago, the failed US-sponsored invasion of the socialist island began. On April 17, 1961, a well-armed group of Cuban exiles, who were trained and financed by the CIA, landed Read More

JPMorgan shuffles CFO and card services executives

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FILE PHOTO: Chief Financial Officer Marianne Lake stands for a portrait at the headquarters of JP Morgan Chase & Co in the Manhattan borough of New York City, U.S., September 13, 2018. REUTERS/Caitlin Ochs/File Photo NEW YORK (Reuters) – JPMorgan Chase & Co switched roles for two women executives on Wednesday, putting Chief Financial Officer Read More

US cracking down on tourism, remittances and banking in Cuba sanctions push – Bolton

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The US is targeting Cuba with additional sanctions, including restricting travel to the island nation, limiting remittances, and sanctioning additional entities, White House national security adviser John Bolton said. US citizens sending remittances to Cuba will be limited t $1,000 per person per quarter, Bolton said on Wednesday. Non-family travel will be restricted to reduce Read More