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Internet outage in violence-plagued Somalia is extra headache for businesses

MOGADISHU (Reuters) – A severed marine cable has left Somalia without internet for weeks, triggering losses for businesses, residents said, and adding a layer of chaos in a country where Islamist insurgents are carrying out a campaign of bombings and killings. Source
Posted On 17 Jul 2017

UAE minister denies any hacking of Qatar

LONDON (Reuters) – The United Arab Emirates was not responsible for an alleged hack of Qatari websites which helped spark a month-long diplomatic rift with Doha, the UAE’s minister of state for foreign affairs said on Monday. Source
Posted On 17 Jul 2017

Global cyber attack could spur $53 billion in losses: Lloyd’s of London

(Reuters) – A major, global cyber attack could trigger an average of $53 billion of economic losses, a figure on par with a catastrophic natural disaster such as U.S. Superstorm Sandy in 2012, Lloyd’s of London said in a report on Monday. Source
Posted On 17 Jul 2017

Uber suspends ride-sharing services in Macau

HONG KONG (Reuters) – Uber Technologies Inc will suspend its services in Macau from July 22 as it has not been able to unlock the full benefits of ride sharing in the gambling hub, in another blow to the firm that is fighting legal scrutiny in many Asian markets. Source
Posted On 17 Jul 2017

Bank Earnings in the Spotlight

Note The following is an excerpt from this week s Earnings Trends 160 report You can access the full report that contains detailed historical actual and estimates for the current and following periods 160 please click here gt gt gt Here are the key points 160 Source
Posted On 17 Jul 2017