Bloomberg Australia’s largest locally-owned media business, Nine Entertainment Co., said it suffered a cyber-attack that disrupted its live television programming on Sunday. The attack prevented Nine from being able to broadcast its Weekend Today show on Sunday morning in Australia, the company said. Nine requested assistance from country’s cyber-intelligence agency, Australian Signals Directorate, after disruption, Sydney Morning Herald reported. “Our ...

Bloomberg African banks need to improve operating efficiencies and mitigate other risks quickly to avoid a revenue slump of as much as $48 billion over the next three years. If risks go unchecked, multiple years of low profitability will likely follow, according to a report by McKinsey. “Lessons from the 2008 economic crisis suggest that, in times of crisis, speed ...

Bloomberg JPMorgan Chase & Co. said it plans to hire 300 additional Black and Latinx wealth advisers by 2025 to serve more clients from those communities and allow employees from diverse backgrounds to advance in their careers. “We want to drive a step change in the representation of financial advisers” at JPMorgan, Kristin Lemkau, chief executive officer of the bank’s ...