Finance

Royal Mail hackers demanded £65mn ransom

The LockBit hacking group that encrypted Royal Mail knowledge sought a £65.7mn ransom from the corporate, a requirement that the postal group’s board seems to have rebuffed, so setting the stage for a possible large-scale leak of firm data. Negotiations…

Turkey leans on pension funds to prop up stock market

The federal government of President Recep Tayyip Erdoğan has ordered personal pension funds to spice up their holdings of Turkish shares after a sell-off within the wake of final week’s earthquake prompted authorities to halt buying and selling on Istanbul’s…

Giorgia Meloni bristles over Italy’s ‘junior’ seat at European table

When Ukraine’s Volodymyr Zelenskyy dropped into the Élysée Palace for a last-minute, late-night supper along with his French and German counterparts final week, Italy’s prime minister Giorgia Meloni was fuming. Simply eight months earlier, Meloni’s predecessor Mario Draghi had shared…

Live news: Singapore-based DBS profit rises 69% as higher rates boost margins

Demonstrators in Pristina wave Kosovo and Albanian flags in a January 31 protest in opposition to the formation of an affiliation of municipalities with ethnic-Serb majorities © Laura Hasani/Reuters It’s one other week of British industrial unrest. Civil servants on…