U.S. government agencies indicted and sanctioned Dmitry Yuryevich Khoroshev, a 31-year-old Russian national, for his role as the administrator and developer of LockBit, one of the most prolific global ransomware groups in the world, Reuters reported on May 7.… Source link
Read More »Russia-linked hackers ‘behind Royal Mail attack’
13 January 2023, 13:59 Royal Mail told customers to stop submitting any export items into the network. Picture: Getty A hacker group with ties to Russia was behind this week’s cyber attack on Royal Mail, it has been revealed. The incident, which has paralysed Royal Mail’s Worldwide Distribution Centre in …
Read More »Broker tips: JD Wetherspoon, Restaurant Group, Royal Mail, James Fisher
Berenberg reviewed its ratings on a number of leisure stocks on Thursday from pubs to restaurants and travel firms. The bank downgraded JD Wetherspoon to ‘hold’ from ‘buy’ and cut its price target on the stock to 1,050.0p from 1,650.0p, stating it still thinks Wetherspoons is a very well-run business …
Read More »Sunday share tips: Games Workshop, OSB Group
The Sunday Times‘s Robert Watts sounded the retreat for investors in shares of Games Workshop, the maker of table-top figurines for The Lord of the Rings, Warhammer and other fantasy settings. In particular, he took issue with the company’s decision to clamp down on fans who were creating animations using …
Read More »Sunday newspaper round-up: IAG, The Hut Group, Nvidia
A cash call would be the quickest way for IAG to tackle its €12.3bn of debt and begin paying a dividend again, HSBC aviation analyst Andrew Lobbenberg said. If not, then the carrier would have to resort to its cash flows. Any decision on a rights issue would likely be …
Read More »Royal Caribbean CEO Richard Fain to step down after more than 30 years with cruise operator
Royal Caribbean CEO Richard Fain delivers a speech at a shipyard in western France, on March 23, 2018.LOIC VENANCE/AFP/Getty Images Royal Caribbean Group’s Chief Executive Officer, Richard Fain, is stepping down after more than three decades with the U.S. cruise operator that is still recovering from the slump caused by …
Read More »Britain’s Hut Group sees stronger 2021 as beauty products lift fourth quarter
The Hut Group had earlier predicted a 20% to 25% surge in its medium-term revenue before announcing last month that it would buy Dermstore, an online retailer owned by Target Corp, for $350 million to bolster the presence of its beauty brands in the U.S. market. The British retailer said …
Read More »6 Favourite Christmas Songs With Blues Arcadia
An intoxicating blend of Chicago-Memphis blues with Motown-Stax-inspired soul, Brisbane band Blues Arcadia always bring the heat when they take to the stage, delivering an uninhibited, old-fashioned soul-stomp revival. Given the year 2020 has served up, it’s somewhat surprising Blues Arcadia have recorded a live album. But when live …
Read More »The Hut Group shares soar 30% after bumper $7 billion London IPO
By Abhinav Ramnarayan, Sinead Cruise LONDON (Reuters) – The Hut Group’s THG.L shares soared 30% in the company’s first day of trading on Wednesday after batting away corporate governance concerns to seal its 5.4 billion pound ($6.99 billion) listing, one of London’s largest tech IPOs to date. FILE PHOTO: The …
Read More »The Hut Group launches $1.22 billion London float
LONDON (Reuters) – E-commerce firm The Hut Group confirmed its intention to float on the London Stock Exchange on Thursday, in potentially the biggest listing of a British company since 2013 and the first major London listing since the COVID-19 crisis. The 920 million pound ($1.22 billion) float would value …
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