Recent Posts

First American may have exposed millions of client records: Research

Bloomberg First American Financial Corp., one of the largest US title insurers, may have allowed unauthorised access to more than 885 million records related to mortgage deals going back to 2003, according to a security researcher. The flaw was outlined in an article by Brian Krebs, a cybersecurity expert. Digitised records including “bank-account numbers and statements, mortgage and tax records, ...

Read More »

Trade war may hurt business: Maersk

Bloomberg AP Moller-Maersk A/S, the world’s largest container line, said it had a good start to the year but warned that “considerable uncertainties” stemming from global trade tensions will probably hurt its business. “New tariffs can potentially reduce expected growth in global container volumes by up to 1 percentage point,” the Copenhagen-based company said. Maersk, which also unveiled plans to ...

Read More »

US new home sales drop from 11-year high as prices surge

Bloomberg Sales of new US homes cooled in April from an 11-year high amid a surge in prices, adding to signs of softness in housing at the start of the quarter. Single-family home sales fell 6.9 percent to a 673,000 annualised pace, close to economist estimates following an upwardly revised March reading of 723,000, government data showed. The median sales ...

Read More »
Send this to a friend