Boeing says effect from computer virus was limited

SEATTLE (AP) — Boeing Co. says it detected an attack using the wannacry computer virus but that the intrusion caused little damage or disruption.A Boeing spokeswoman said Thursday that the ransomware virus was contained to "a few... Source: NZ Herald Business News

By | March 29th, 2018|Business|0 Comments

Blackstone Group CEO donates $25M, gets name on high school

ABINGTON, Pa. (AP) — A $25 million donation by Blackstone Group CEO Stephen Schwarzman is getting his name on the Pennsylvania high school he graduated from.Abington Senior High School would be renamed Abington Schwarzman High School... Source: NZ Herald Business News

By | March 29th, 2018|Business|0 Comments

US plant that destroys chemical weapons beset by troubles

DENVER (AP) — A highly automated, multibillion-dollar plant in Colorado that destroys U.S. chemical weapons is over budget, behind schedule and bedeviled by troubles that could worsen the danger to workers.But when the Army said... Source: NZ Herald Business News

By | March 29th, 2018|Business|0 Comments

Nissan and Renault planning to merge: Sources

Renault and Nissan are in talks to merge and create a new automaker that trades as a single stock, people with knowledge of the matter said.A deal would end the current alliance between the companies and marry them as one corporation,... Source: NZ Herald Business News

By | March 29th, 2018|Business|0 Comments

Asian shares rise as fears ease over trade dispute, Koreas

HONG KONG (AP) — Most Asian stock markets rose on Thursday, as fears of a U.S.-China trade dispute eased and news of a rare summit between the leaders of North Korea and South Korea shored up investor sentiment. Trading in some markets... Source: NZ Herald Business News

By | March 29th, 2018|Business|0 Comments

India sends notice to Facebook over alleged data breach

NEW DELHI (AP) — India's government has sent a notice to Facebook asking whether the personal data of Indian voters and users has been compromised by U.K.-based Cambridge Analytica or any other downstream entity.A similar notice... Source: NZ Herald Business News

By | March 29th, 2018|Business|0 Comments

China warns it will 'fight to the end' in a trade war

China's Commerce Ministry has urged Washington to discard planned tariffs it warned might set off a chain reaction that could disrupt global trade and said Beijing will "fight to the end".A ministry spokesman, Gao Feng, gave no... Source: NZ Herald Business News

By | March 29th, 2018|Business|0 Comments

Hung jury in NZ's first insider trading trial for former Eroad manager Hamish Sansom

New Zealand's first insider trading trial has reached a dramatic conclusion - a hung jury.Twelve of Hamish Marc Sansom's peers were selected to judge the landmark case in the High Court at Auckland over the past two weeks.Sansom,... Source: NZ Herald Business News

By | March 29th, 2018|Business|0 Comments

Bitcoin's 'death cross' could spell doom for crypto investors

People who do so-called "technical analysis" on the pricing charts of stocks and other financial markets have a lot of funny names for things.There's the "dead cat bounce," a "reverse hockey stick," a "diamond top" or a "spinning... Source: NZ Herald Business News

By | March 29th, 2018|Business|0 Comments

Trump hotel business fails to undo Panama coup

WASHINGTON (AP) — A new arbitration ruling says President Donald Trump's family hotel business has lost a bid to regain control of the luxury hotel in Panama that ousted his brand.The decision dashes the Trump Organization's hopes... Source: NZ Herald Business News

By | March 28th, 2018|Business|0 Comments