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Russian cyber attacks against Ukraine likely, says Microsoft

Bloomberg Moscow will intensify its cyber efforts to pressure the sources of Ukraine’s military and political support both domestic and foreign, according to Microsoft Corp. In a post on the company’s “On the Issues” blog, Clint Watts, general manager of Microsoft’s digital threat analysis centre, urged customers to prepare for more Russian cyber attacks over the winter. “Russian military intelligence ...

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Europe aims to counter new US climate law

Bloomberg The European Union (EU) should improve its state aid rules and consider more green-transition funding to offset possible distortions from the new US climate and tax law, said European Commission President Ursula von der Leyen. Her remarks came a day before the US-EU Trade and Technology Council ministerial meeting to be held at the University of Maryland, where the ...

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Biggest Wall Street banks slashing bonuses by 30%

  Bloomberg Across Wall Street, this year’s bleak expectations for banker bonuses are rapidly proving true, as a slump in dealmaking ends the industry’s war for talent and firms regain the upper hand in setting pay. JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc are all weighing plans to cut bonus pools for their investment bankers by ...

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