Global

Russian authorities arrest cron cybercrime gang
Global

Russian authorities arrest cron cybercrime gang

Russian Police have apprehended 16 members of a notorious criminal ring that was targeting bank accounts by using an Android malware, dubbed ‘ Cron ,’ that compromised more than one million Android smartphones. It was confirmed that the criminal organization had successfully stolen nearly USD900,000 from bank accounts. Law enforcement, […]

Boeing, DARPA to build Phantom Express, a spaceplane
aviation

Boeing, DARPA to build Phantom Express, a spaceplane

Boeing and U.S. Defense Advanced Research Projects Agency, DARPA are collaborating to design, build and test a technology demonstration vehicle for the Experimental Spaceplane (XS-1) program. Boeing will develop an autonomous, reusable spaceplane capable of carrying and deploying a small expendable upper stage to launch small (3,000 pound/1,361 kg) satellites […]

JSE SENS

Discovery starts health insurance in Australia

Discovery Limited, a Sout African insurance company will be creating a health insurance brand in a joint venture with two Australian companies to expand the footprint of its behaviour tracking programme. Discovery’s Vitality programme, which rewards health and life insurance clients for healthy lifestyle choices and helps track their fitness, […]

ArcelorMittal South Africa gets USD350 million loan
JSE SENS

ArcelorMittal South Africa gets USD350 million loan

ArcelorMittal South Africa said it has gotten ZAR4.5 billion. ArcelorMittal South Africa said the approximately USD350 million revolving credit facility will be used to finance its working capital requirements, the firm said on Wednesday. The company is battling low prices of cheap steel imports which are harming its business. Chief […]

American Airlines names Nathan Gatten as VP on government affairs
aviation

American Airlines names Nathan Gatten as VP on government affairs

American Airlines has appointed Nathan Gatten (J.) as Senior Vice President – Government Affairs. The airlines said in this role, Nathan Gatten will lead American’s federal and international government and regulatory affairs team and the company’s advocacy in Washington and across American’s global network. “Nate brings the perfect blend of leadership, energy, […]