Town Hall News

By Harish Sridharan (Reuters) -Personal data of Rio Tinto Ltd’s former and current Australian employees may have been stolen by a cybercriminal group, according to a staff memo seen by Reuters on Thursday. Payroll information, like payslips and overpayment letters, of a small number of employees from January 2023 had possibly been seized by the group, the memo showed. “Investigations now indicate a possibility that Rio Tinto data may be […]

By Harish Sridharan (Reuters) -Personal data of Rio Tinto Ltd’s former and current Australian employees may have been stolen by a cybercriminal group, according to a staff memo seen by Reuters on Thursday. Payroll information, like payslips and overpayment letters, of a small number of employees from January 2023 had possibly been seized by the group, the memo showed. “Investigations now indicate a possibility that Rio Tinto data may be […]

By Paul Lienert (Reuters) – Ford Motor Co expects its electric vehicle business unit to lose $3 billion this year, but remains on track to achieve a pretax margin of 8% by late 2026, the company said. The projected loss was revealed ahead of a mid-morning briefing for investors and analysts on Thursday to discuss details of the automaker’s new financial reporting format.  Starting with first-quarter results, which will be […]

By Paul Lienert (Reuters) – Ford Motor Co expects its electric vehicle business unit to lose $3 billion this year, but remains on track to achieve a pretax margin of 8% by late 2026, the company said. The projected loss was revealed ahead of a mid-morning briefing for investors and analysts on Thursday to discuss details of the automaker’s new financial reporting format.  Starting with first-quarter results, which will be […]

(Reuters) -Accenture Plc said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.  The company also trimmed its annual revenue growth and profit forecasts on Thursday, amid worries that recession-wary enterprises will cut technology budgets. The company now expects annual revenue growth to be in the range […]

(Reuters) -Accenture Plc said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.  The company also trimmed its annual revenue growth and profit forecasts on Thursday, amid worries that recession-wary enterprises will cut technology budgets. The company now expects annual revenue growth to be in the range […]

(Reuters) – Apple Inc is considering bidding for streaming rights of a range of English football games, Bloomberg News reported on Thursday, citing people familiar with the situation. The rights under consideration would allow Apple to show Premier League games in the UK, as well as lower league matches run by the English Football League, the report said. Apple and the Premier League did not immediately respond to Reuters request […]

(Reuters) – Apple Inc is considering bidding for streaming rights of a range of English football games, Bloomberg News reported on Thursday, citing people familiar with the situation. The rights under consideration would allow Apple to show Premier League games in the UK, as well as lower league matches run by the English Football League, the report said. Apple and the Premier League did not immediately respond to Reuters request […]

BEIJING (Reuters) – China and the Philippines should manage their differences properly, the Chinese foreign ministry said on Thursday, after the first in-person meeting between senior diplomats from the countries since before the COVID-19 pandemic. Bilateral tensions have risen recently over naval disputes in contested areas of the South China Sea and the increasing U.S. military presence in the Philippines. “Both sides reaffirmed the importance of properly managing differences through […]