Analyst says the iPhone 8 could have the ‘most meaningful feature and technology upgrades in iPhone’s history’

FedEx says cyber attack to hurt full-year results

FedEx says cyber attack to hurt full-year results

FedEx's shares fell as much as 3.4 percent to $211.53 in early trading as the company said the financial impact of the disruption on its results was likely to be "material". The Netherlands-based TNT Express is still experiencing widespread service delays following the attack, caused by the Petya cyber virus that spread through a Ukrainian tax software product, FedEx said. FedEx said it lost revenue due to decreased volumes at TNT Express and incurred incremental costs from contingency plans and remediation of affected systems.


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ECB eyes review of Deutsche Bank shareholders: source

ECB eyes review of Deutsche Bank shareholders: source

Europe's top banking regulator, the European Central Bank (ECB), is considering carrying out a review of Deutsche Bank's (DBKGn.DE) two largest shareholders, a regulatory source said on Monday. The ECB may launch so-called ownership-control procedures to scrutinize Qatar's royal family and China's HNA , which each owns just under 10 percent of Germany's flagship lender. "That the ECB is investigating or considering to investigate the shareholdings is indeed accurate," said the person, speaking on condition of anonymity because the person was not authorised to speak publicly about a review that is ongoing.


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