Marks and Spencer (M&S) has revealed it could lose up to £300 million in trading profits following last month’s ransomware attack, with operational disruptions expected to continue for months.
While the company plans to manage some costs to lessen the impact, disruptions to its operations are likely to last until July.
The cyberattack, linked to the hacker group Scattered Spider, has caused M&S’s online payment systems to remain offline. Partial website sales are expected to resume within a few weeks. Similar attacks targeted the Co-op and Harrods in late April. Both M&S and the Co-op confirmed that personal customer data, limited to names and contact details, were stolen, but payment information was not compromised.
President Donald Trump toured flood-hit areas in Texas and expanded federal disaster assistance to eight more counties....
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disp...
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water...
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 20...
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a r...
The Czech government has summoned China’s ambassador over a cyberattack it says targeted the foreign ministry’s communications during its 2022 EU presidency.
New US intelligence indicates Israel may be preparing to strike Iranian nuclear facilities amid stalled diplomatic talks led by the Trump administration.
Coinbase refused to pay a $20 million ransom after hackers accessed user data through bribed support agents. The breach could cost up to $400 million and affected around 97,000 users, prompting a strong company response and stock dip.
Harbin authorities accused the National Security Agency of launching cyberattacks on key sectors during February’s games, naming three agents and two U.S. universities in an official investigation.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
French member of parliament Olivier Marleix was found dead at his home on Monday, with suicide being considered a possible cause.
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening investor confidence.
Turkmenistan has gathered 1.407 million tonnes of wheat, matching its 2025 goal after a round-the-clock harvest on 690,000 hectares that officials say was bolstered by new combines and higher state purchase prices.
Azerbaijan Railways CJSC signed a Memorandum of Understanding with the Chinese company 'Xi'an Free Trade Port Construction and Operation' and has opened its representative office and container terminal in the Xi'an International Port.
The UK and Japan have signed a Memorandum of Cooperation (MoC) aimed at enabling increased UK investment into Japan, further strengthening the economic ties between the two nations.
German inflation eased to 2.0% in June, the federal statistics office said on Thursday, confirming preliminary data.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment