Cathay Pacific shares slide to nine-year low as data leak rattles investors
Shares of Cathay Pacific Airways Ltd slid nearly 7 percent to a nine-year low on Thursday after it said data of about 9.4 million passengers of Cathay and its unit, Hong Kong Dragon Airlines Ltd, had been accessed without authorization.
Stocks crumble as global growth, U.S. earnings fears spook markets
Asian shares plunged on Thursday as hundreds of billions of dollars hemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline on Wall Street since 2011, wiping out all its gains for the year.
Cathay Pacific shares hit nine-year low after data leak affects 9.4 million passengers
Shares of Cathay Pacific Airways Ltd dropped more than 6 percent on Thursday to a nine-year low after it said data of about 9.4 million passengers of Cathay and its unit, Hong Kong Dragon Airlines Ltd, had been accessed without authorization.
Hong Kong privacy commission expresses serious concern over Cathay data leak
Hong Kong’s privacy commission on Thursday expressed serious concern over a data breach at Cathay Pacific Airways and urged the airline to notify passengers affected by the leak as soon as possible and explain the details.
Asian shares slump as Wall St. erases all of 2018 gains
Asian shares dived on Thursday as hundreds of billions of dollars hemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline on Wall Street since 2011, wiping out all its gains for the year.
Broadcom facing EU antitrust scrutiny over market dominance: Bloomberg
Broadcom Inc is facing antitrust scrutiny from the European Union over the possible use of its market dominance to pressure customers to buy its semiconductors, Bloomberg reported on Wednesday.
Microsoft sales and profit beat estimates on cloud growth
Microsoft Corp beat Wall Street estimates for revenue and profit in its first quarter on Wednesday, as more businesses signed up for its Azure cloud computing services and Office 365 software.
Chevron settles claims it violated Clean Air Act: U.S. Justice Department
Chevron Corp will spend about $163 million to settle claims by the U.S. government and the state of Mississippi that it violated provisions of the Clean Air Act when its refineries accidentally released hazardous chemicals, the U.S. Justice Department …
AMD revenue forecast disappoints as crypto demand subsides, shares plummet
Advanced Micro Devices Inc on Wednesday forecast fourth-quarter revenue below estimates as the chipmaker faces dwindling demand from cryptocurrency miners for its high-margin graphic processors and excess inventory, sending its shares down 22 percent….
Exclusive: BofA top brass tries to soothe disgruntled dealmakers – sources
Top Bank of America Corp executives, including Chief Executive Officer Brian Moynihan, made a surprise appearance at a gathering of the bank’s senior dealmakers on Tuesday in an effort to boost morale, two people familiar with the matter told Reuters.
