Tag: Firm

Germany: 2 Oil Storage and Supply Firms Hit by Cyberattack

BERLIN—Two companies involved in storing and supplying oil and other materials said Tuesday they have been hit by a cyberattack that has impacted operations in Germany. Oiltanking GmbH Group and Mabanaft Group on Saturday discovered what they called a “cyber incident affecting our IT systems” and launched an investigation together with external specialists, the companies…


Chinese Controlled Firm Loses Court Bid to Pause Ottawa’s Divestment Order

OTTAWA—State-owned China Mobile has lost a court bid for a temporary hold on Ottawa’s order that its Canadian affiliate be divested or wound up over national security concerns. In a ruling made public Tuesday, Federal Court Chief Justice Paul Crampton said the harms to the public interest posed by China Mobile International Canada’s continued operation…


Fed’s Bostic: US Job Market in a ‘Jumble,’ but Economy on Firm Footing

WASHINGTON—The U.S. labor market is in a “jumble” as workers sort out child care and navigate an ongoing pandemic, but the country remains on track for a full recovery, Atlanta Fed president Raphael Bostic said on Tuesday. “There is a lot of shuffle and a lot of jumble and a lot of turbulence” as people…


US Seizes Shipment From Malaysia’s Top Glove Over Forced Labor Concerns

KUALA LUMPUR—The United States seized latex gloves made by Malaysian firm Top Glove Corp Bhd after a shipment was found in Kansas City despite an import ban on its products over forced labor allegations, U.S. customs said. In a statement on Wednesday, the U.S. Customs and Border Protection said its officials at the Port of…