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Monthly Archives: March 2018

Thousands of IOT devices can be hacked to mine cryptocurrency: Avast

Chesnot | Getty Images Digital cryptocurrencies, Bitcoin, Ripple, Ethernum, Dash, Monero and Litecoin. Vulnerable internet-connected devices from security cameras to smartphones can be hijacked by hackers and turned into tools to mine cryptocurrencies, a cybersecurity company has demonstrated. Avast, which is based in the Czech Republic, ran a demonstration on …

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Peugeot hits new earnings record despite Opel loss

Alex Kraus | Bloomberg | Getty Images A Peugeot automobile sits in a parking lot outside the Opel automobile headquarters in Ruesselsheim, Germany, on Friday, Feb. 17, 2017. PSA Group shrugged off losses at the newly acquired Opel division to lift sales, profit and operating margin to new records in …

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Apollo, Citigroup loaned Kushner Companies millions: New York Times

Kevin Lamarque | Reuters White House Senior adviser Jared Kushner sits behind U.S. President Donald Trump during a cabinet meeting at the White House in Washington, U.S., November 1, 2017. Apollo’s $184 million loan in November was aimed at refinancing the mortgage on a Chicago skyscraper, while Citigroup’s $325 million …

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February manufacturing Purchasing Managers’ Index

Jie Zhao | Corbis | Getty Images Chinese workers at a cloth factory in Huaibei, China. A survey focused on small and mid-size manufacturing in China surpassed expectations to hit a six-month high in February. The Caixin/Markit manufacturing Purchasing Managers’ Index for February came in at 51.6. Economists polled by …

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Bitcoin price edges lower, but later pares some losses, on SEC probe

Dan Kitwood | Getty Images A visual representation of the digital Cryptocurrency, Bitcoin on October 24, 2017 in London, England. Bitcoin slipped on Wednesday following news that the U.S. Securities and Exchange Commission is probing the cryptocurrency market. The Wall Street Journal reported Wednesday evening ET that, as part of …

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Exxon to exit oil ventures with Russia’s Rosneft due to sanctions

Andrey Rudakov | Bloomberg via Getty Images An illuminated Rosneft oil company logo sits on the roof of an OAO Rosneft gas station near the Ostankino TV tower displaying the colors of the Russian national flag in Moscow, Russia, on Tuesday, Dec. 2, 2014. Exxon Mobil said on Wednesday it …

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