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Exclusive: Deutsche Bank’s problem derivatives cloud recovery – sources

6 hours ago DieselGasoil Comments Off on Exclusive: Deutsche Bank’s problem derivatives cloud recovery – sources
NEW YORK (Reuters) – Deutsche Bank AG’s (DBKGn.DE) turnaround strategy rests in large part on shedding 288 billion euros of unwanted assets. Three bank insiders said it will take years, tying up capital that could have generated income of 500 million euros ($557 million) a year. People walk past a Deutsche Bank office in London, Read More

‘Ticking bomb’: Abandoned tanker in Red Sea could EXPLODE & spill 1m barrels of oil into the ocean

7 hours ago DieselGasoil Comments Off on ‘Ticking bomb’: Abandoned tanker in Red Sea could EXPLODE & spill 1m barrels of oil into the ocean
An abandoned tanker off Yemen’s coast threatens to turn the Red Sea black. Experts warn that a build-up of volatile gasses in the ship could cause a “catastrophic” explosion that would dump millions of gallons of oil into the sea. The tanker, moored near the Yemeni port of Ras Isa, contains around 1.1 million barrels Read More

Norway’s safety watchdog approves drillship for use in Troll phase 3

18 hours ago DieselGasoil Comments Off on Norway’s safety watchdog approves drillship for use in Troll phase 3
London — Norway’s safety watchdog has approved the use by state-controlled Equinor of a drillship to sink eight production wells in connection with the development of the third phase of the giant Troll field in the North Sea. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Troll phase 3 Read More

Equifax’s $700 million data breach settlement spurs criticism, calls for new rules

1 day ago DieselGasoil Comments Off on Equifax’s $700 million data breach settlement spurs criticism, calls for new rules
WASHINGTON (Reuters) – Credit-reporting company Equifax Inc (EFX.N) will pay up to $700 million to settle claims it broke the law during a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that was nonetheless criticized by consumer advocates and some lawmakers who called for stricter regulation. While it was the Read More

Equifax’s $700 million data breach settlement spurs calls for new rules

1 day ago DieselGasoil Comments Off on Equifax’s $700 million data breach settlement spurs calls for new rules
WASHINGTON (Reuters) – Credit-reporting company Equifax Inc (EFX.N) will pay up to $700 million to settle claims it broke the law with a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that could spur new consumer data rules. The largest-ever settlement for a data breach draws to a close multiple Read More

Equifax to pay $700 million over 2017 data breach, compensate consumers

1 day ago DieselGasoil Comments Off on Equifax to pay $700 million over 2017 data breach, compensate consumers
WASHINGTON (Reuters) – Credit-reporting company Equifax Inc (EFX.N) will pay up to $700 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information that affected around 147 million consumers, authorities said on Monday. The largest-ever settlement for a data breach draws to a close multiple probes into Equifax Read More

Toshiba Memory sees ‘good chance’ of M&A in push for data center business

2 days ago DieselGasoil Comments Off on Toshiba Memory sees ‘good chance’ of M&A in push for data center business
TOKYO (Reuters) – Japan’s Toshiba Memory said there was a “good chance” of acquisitions as it pushes to increase its share of the market for advanced storage products used in data centers. FILE PHOTO: Toshiba’s flash memory factory is pictured during a media tour in Yokkaichi, western Japan September 9, 2014. REUTERS/Reiji Murai/File Photo Toshiba Read More

Equifax to pay up to $700 million in U.S. data breach settlement

2 days ago DieselGasoil Comments Off on Equifax to pay up to $700 million in U.S. data breach settlement
FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta, Georgia, U.S., September 8, 2017. REUTERS/Tami Chappell WASHINGTON (Reuters) – Credit-reporting company Equifax Inc (EFX.N) will pay up to $700 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information, authorities said on Monday. The Read More

Equifax to pay up to $650 million in data breach settlement

2 days ago DieselGasoil Comments Off on Equifax to pay up to $650 million in data breach settlement
FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta, Georgia, U.S., September 8, 2017. REUTERS/Tami Chappell WASHINGTON (Reuters) – Credit-reporting company Equifax Inc will pay up to a record $650 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information, authorities said on Monday. Read More