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27 Feb, 2021
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England’s Ollie Pope to face India after slip rules out Zak Crawley
More than half of world’s airline pilots no longer flying
Cryptocurrency crime drops in 2020 but ‘DeFi’ breaches rise, study finds

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Category: Business

Cryptocurrency crime drops in 2020 but ‘DeFi’ breaches rise, study finds

February 14, 2021February 8, 2021 lastornet

Losses from cryptocurrency theft, hacks, and fraud fell 57% last year to $1.9 billion, as market participants boosted security systems, but crime in the ‘decentralized finance’ space continued to grow, a report from crypto intelligence company CipherTrace showed. Criminals got Read more

Business

Lowe’s to hire over 50,000 workers for spring home-improvement rush

February 13, 2021February 8, 2021 lastornet

Lowe’s Cos Inc said on Thursday it plans to hire more than 50,000 workers across its U.S. stores in the spring as the retailer races to meet pandemic-fueled demand for home improvement products. The company also said it would pay Read more

Business

German regulator reports Wirecard insider trading in own ranks

February 12, 2021February 8, 2021 lastornet

Germany’s financial watchdog has reported one of its employees to state prosecutors on suspicion of insider trading linked to Wirecard, shortly before the payment firm’s spectacular collapse. BaFin’s admission is a fresh indictment of Germany’s supervision of a company that Read more

Business

Big Wall St. investors chased tech during GameStop retail frenzy – BofA

February 11, 2021February 13, 2021 lastornet

Deep-pocketed investors pumped a record $4.2 billion into big technology stocks last week, BofA’s flow data showed on Friday, taking advantage of the slight pullback on Wall Street while retail traders were busy buying stocks such as GameStop. An army Read more

Business

SAP pitches cloud transformation to pandemic-hit customers

February 10, 2021February 8, 2021 lastornet

SAP says it is ready to lead customers into a cloud-based future, but the business software group may need all its powers of persuasion to convince its 400,000-strong client base to launch a major overhaul of systems in a pandemic. Read more

Business

U.S. spirits market ends 2020 on a high; tariffs take off some sheen

February 9, 2021February 8, 2021 lastornet

Domestic consumption of distilled spirits in the United States rose sharply last year as people splurged on premium spirits, although American whiskey exports fell due to retaliatory tariffs from Europe, a U.S industry trade body said on Thursday. U.S. distillers Read more

Business

U.S. shale ponders the unexpected: what to do with coming cash windfall?

February 8, 2021February 8, 2021 lastornet

A sustained rise in global oil prices has U.S. shale producers pondering something few expected to be considering after last year’s tumble: how to allocate rising cash flows among new production, dividends and stock buybacks. U.S. shale producers will generate Read more

Business

Recent Posts

  • England’s Ollie Pope to face India after slip rules out Zak Crawley
  • More than half of world’s airline pilots no longer flying
  • Cryptocurrency crime drops in 2020 but ‘DeFi’ breaches rise, study finds
  • God of War getting 60fps/4K “enhanced performance” graphics mode on PS5
  • Lidl’s £1.69 chicken nuggets branded ‘game-changing’ McDonald’s alternative

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