Hospitals across the country were forced to turn away patients due to the cyberattacks. Britain’s defence minister Michael Fallon has disclosed that the country is spending $64 million (50 million pounds) on improving the security of the National Health Service’s computer systems while warning that the institutions faced cyber threats. During an interview on BBC’s…
Not to use foreign exchange to gain competitive advantage, but sticking to their cautious wording on trade is the strategy of the financial leaders of seven leading world economies against cyber crime who pledged stronger cooperation against cyber crime. In order to discuss the world economy, combating terrorist funding, cyber security and taxes, finance ministers…
Provided that politicians don’t erect walls to shut out the U.K., London’s financial sector is inventive enough to find a way around Brexit and remain integral to the European Union’s economy, said Barclays Plc Chief Executive Officer Jes Staley. “So long as those barriers are not put up, there will be workarounds around Brexit so…
The order builds on efforts made by the previous Obama Administration. The Trump Administration has made its first significant move in what U.S. President Donald Trump called a top priority, on Thursday, the U.S. President signed an executive order that aims to bolster the government’s cyber security defences and protect its critical infrastructure from cyberattacks.…
Taiwan’s move will not only boost U.S. defence jobs, but will also help defend Taiwan from any external aggression. In a comment aimed at countering Chinese influence, Taiwan has stated it will continue to buy U.S. arms. The purchases will boost U.S employment in at least 6 states and narrow the bilateral trade gap. In…
Although more chic, these are 10%-15% cheaper than the cost of installing a 1700 sq ft rooftop along with traditional solar panels. Tesla Inc has reported that it has begun taking order for its solar roof tiles, a cornerstone of Elon Musk’s strategy of a green, fossil-fuel free lifestyle. Tesla said these solar roof tiles…
Chinese companies are seeing the Great Wall of the United States in the form of CFIUS. With tightening regulatory scrutiny in the United States, Chinese companies are flocking to Israel to invest in its tech sector. In 2016, Chinese investment into Israel touched a $16.5 billion with Chinese companies parking their funds into Israel’s buzzing…
A better picture of U.S. President Donald Trump’s direction on key policies that he has yet to spell out is hoped to be obtained by Europe, Japan and Canada in a G7 meeting in Italy this week. Inequality, international tax rules, cyber security and blocking the funding of terrorism would be the focus of the…
Attention is increasingly turning to the region’s shaky civil liberties plight at the Association of Southeast Asian Nations (ASEAN) even though economic integration has long been the focus of this group. A group of experts shared their dreams for the bloc and human rights emerged as a common denominator at a World Economic Forum (WEF) discussion…
Distrusted due to its close ties with China, Foxconn has to tread carefully and bridge its American business ties with its Communist friends. Less than two weeks after Terry Gou, the CEO of the world’s largest contract electronic manufacturer went to the White House to discuss boosting its investment plans in the U.S., Chinese Premier…
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