ICBC Ransomware Cyberattack Impact on U.S. Treasuries Trading

ICBC Ransomware Cyberattack Impact on U.S. Treasuries Trading

Industrial and Commercial Bank of China (ICBC), one of the world’s largest banks in terms of assets, was hit by a cyber attack by ransomware, a computer virus that demanded ransoms, and was unable to carry out clearing operations for a wide range of transactions. This forced customers to change their trading routes, and traders … Read more

WeWork Files for Bankruptcy: Struggling Office Giant Seeks Debt Relief

WeWork Files for Bankruptcy: Struggling Office Giant Seeks Debt Relief

Shared office giant WeWork, which has been in dire financial straits for years, has announced that it has filed for bankruptcy in an attempt to negotiate debt relief. The company said the measure will impact operations in the United States and Canada, but “global operations are expected to continue as usual.” “Now is the time … Read more

The New Era of Rising Yields in the US Bond Market: 6% Yield on the Horizon

The New Era of Rising Yields in the US Bond Market: 6% Yield on the Horizon

In the US bond market on the 23rd, the yield on the 10-year Treasury note briefly exceeded 5%, reaching its highest level in 16 years. This is a level that was hardly expected during the long period of ultra-low interest rates that followed the financial crisis. Yields have since fallen sharply, likely as investors exit … Read more

Global Markets Brace for Volatility Amid Continuing Conflict in the Middle East

Global Markets Brace for Volatility Amid Continuing Conflict in the Middle East

Traders in the world’s financial markets are bracing themselves for volatile market fluctuations. Continuing conflict in the Middle East has increased demand for haven assets and forced investors to rethink the outlook for global interest rates. In the foreign exchange market, attention will likely be focused on movements in the US dollar, Japanese yen, and … Read more

New York Opens Its Marijuana Market to Larger Competitors as Retailers Fear Being Squeezed

New York Opens Its Marijuana Market to Larger Competitors as Retailers Fear Being Squeezed

This article was originally published in English The American state had promised to issue the first retail licenses to already convicted marijuana sellers. In most cases this has not happened. ADVERTISEMENT New York authorities launched the legal sale of marijuana for recreational purposes by promising many of the first retail licenses to ex-convicts of cannabis … Read more

Day of Sight – Custom-made vision aid: These consequences can be caused by unsuitable glasses

Day of Sight – Custom-made vision aid: These consequences can be caused by unsuitable glasses

Around two thirds of Austrians rely on visual aids. Most people who wear glasses go to an optician to buy glasses. Nowadays, however, it is also possible to purchase the glasses in various online shops with just a few clicks. Around four percent of buyers would resort to this alternative, with online shopping being particularly … Read more

In Aktau and the Munaylinsky district, an explanation will be held regarding the notification of Mangistau Zharyk LLP about the tariff increase

In Aktau and the Munaylinsky district, an explanation will be held regarding the notification of Mangistau Zharyk LLP about the tariff increase

Illustrative photo The event will take place in Aktau October 13, 2023 at 16:00 at the address: Aktau city, 4 microdistrict, building 71, cultural and leisure complex named after Abay. The event will take place in the Munaylinsky district October 11, 2023 at 16:00 at the address: Mangistau village, 24 block, 10/5 building, House of … Read more

The Risks of Off-Platform Short-Term Rentals: How They Affect Guests and Hosts

The Risks of Off-Platform Short-Term Rentals: How They Affect Guests and Hosts

Outside of Airbnb, people are posting listings and seeking short-term rentals in Facebook groups. Ads on Craigslist for rentals have weekly or nightly prices listed—WIRED found one listing with a weekly and nightly price on Craigslist that also appears on Airbnb, but can only be booked for 30 days or longer on Airbnb. These off-platform … Read more

Surge in US Employment Strengthens Case for Another Fed Rate Hike

Surge in US Employment Strengthens Case for Another Fed Rate Hike

The Federal Open Market Committee (FOMC) is likely to be inclined to raise interest rates again by the end of the year, as the number of non-farm employees in the US employment report was significantly higher than expected. The number of employees in September increased by 336,000 from the previous month, and the figures for … Read more

Traders banned from using incorrect scales in Kazakhstan

Traders banned from using incorrect scales in Kazakhstan

In Kazakhstan, the list of measurements related to state regulation has been supplemented with measurements of the mass of goods during trade and commercial operations, reports Azattyq Grooves with reference to the press service of the Ministry of Trade and Integration. “In other words, now every retail outlet will have to carry out an annual … Read more