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M&S profits almost wiped out after cyber hack left shelves empty
M&S’s profits were almost wiped out after it was hit by a cyber-attack which left shoppers unable to buy online from the company for months. The hack was “an extraordinary moment in time,” it said, as it revealed statutory profit before tax – a figure that reflects all costs for a period – slumped 99%…
We split bills equally even when one of us earned a lot more
The couple’s system of sharing money remained the same even when Max was made redundant last year and they had to rely on Hannah’s salary of between £40,000 and £60,000. “There was shock and panic initially,” Hannah, who did not want to disclose her precise salary, says. “But we sat down and really looked through…
Khamenei martyrdom narrative smooths path for sons rise
The manner in which Iran’s supreme leader Ayatollah Ali Khamenei was killed by the US and Israel — at work in his office with family members present — evoked for Mikaeel Dayani one of the central stories of Shia Islam: the martyrdom of Imam Hussein, the third imam and grandson of the Prophet Mohammed. Dayani,…
Jaguar Land Rover suppliers ‘face bankruptcy’ due to hack crisis
The past two weeks have been dreadful for Jaguar Land Rover (JLR), and the crisis at the car maker shows no sign of coming to an end. A cyber attack, which first came to light on 1 September, forced the manufacturer to shut down its computer systems and close production lines worldwide. Its factories in…
US to cut tariffs on Taiwanese goods after investment pledge
Natalie Sherman,Business reporterand Lily Jamali,North America Technology correspondent Bloomberg via Getty Images The US has been pushing to build up its semiconductor industry The US said it had agreed to cut the tariffs it charges on goods from Taiwan to 15%, in exchange for hundreds of billions of dollars in investment aimed at boosting domestic…
