Spanish electricity grid operator REE said on Tuesday its preliminary assessment had ruled out cyberattack as the cause of the nationwide power outage that hit most of Spain and Portugal on Monday. Lights went off in most of the two …
It’s a worst case scenario that grid operators plan for but hope never to encounter. After one of the worst blackouts in Europe in more than a decade, electricity grid operators in Spain and Portugal are trying to get networks …
The brokers Aon and WTW both reported organic revenues of 5% for the first quarter of the year, level with Q1 2024. Aon’s total revenue in the first quarter increased 16% to $4.7 billion compared to $4.1 billion during Q1 …
Most of Spain and all of Portugal were hit by a major blackout that impacted public transport, airports and phone service, leaving authorities scrambling to find the causes for one of the worst outages in Europe in years. Data from …
British retailer Marks & Spencer told agency staff at its central England distribution center to stay at home on Monday, after it stopped taking online orders following a cyber incident last week. Shares in the company, one of the best …
Kyiv detained a ship it says was part of Moscow’s “shadow fleet” which illegally exports grain from areas of Ukraine occupied by Russian forces. A dry cargo ship was detained in Ukrainian territorial waters as it headed from Moldova along …
Mediobanca launched a surprise €6.3 billion ($7.2 billion) offer for the wealth management arm of Italian insurer Assicurazioni Generali SpA, opening a potential defense strategy for the Milan-based bank amid Italy’s intensifying deal wave. Mediobanca, which itself is facing a …
Ardonagh Acquires Zurich-Based SRB Assekuranz Broker The Ardonagh Group, the London-based independent insurance distribution platform, announced it has acquired the Zurich-based broker SRB Assekuranz Broker AG (SRB). Founded in 1980, SRB focuses on corporate customers, primarily in the industrial sector. …
Marks & Spencer stopped taking online orders in the UK and Ireland on Friday following a cyber attack which it reported earlier in the week, an announcement which sent its shares down by 5%. The British company, which sells its …
Britain’s water company bosses will face up to two years in prison and be banned from taking bonuses for covering up sewage spills under new legislation in force from Friday. The new measure delivers on the government’s promise to bring …
