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Asos Data Breach, Edinburgh University Strike
Asos faces a data breach scare, while Edinburgh University strike disrupts courses.
In this briefing Birmingham whisky distillery · University of Edinburgh · University and College Union · Asos
Regulation
Birmingham whisky distillery fears regulation change
Birmingham's first licensed whisky distillery is under threat due to a change in regulations, reports BBC News. The co-founder expressed concerns that the new rules could jeopardize the distillery's future. The specific nature of the regulatory changes was not detailed, but the impact is significant enough to cause anxiety about the business's viability.
Impact Birmingham whisky producers face uncertainty due to regulatory changes affecting operations.
Sources: BBC News ↗
Disruption
Edinburgh University strike affects courses
Strike action by members of the University and College Union (UCU) at Edinburgh University has led to the cancellation of a social science doctoral course, according to Herald Scotland. The strike, which is part of a five-week action over potential job cuts and programme closures, is impacting the university's operations. The UCU is protesting against proposed changes that could affect employment and academic offerings.
Impact Edinburgh University faces operational disruptions, affecting staff and students amid ongoing strikes.
Sources: Herald Scotland ↗
Internal tension
Nothing significant reported today.
Safety & health
Nothing significant reported today.
Companies
Asos investigates potential data breach
Asos is investigating a potential data breach after users of its mobile app received a notification claiming that hackers had 'fully compromised' the online fashion retailer's data, according to The Guardian. The alert threatened to leak customer data unless the company engaged with the hackers. Despite the breach claim, Asos's website and app remain operational. The incident led to a nearly 12% drop in Asos's share value on the London Stock Exchange.
Impact Asos customers face potential data exposure, and shareholders see a 12% drop in stock value.
Sources: The Guardian ↗
Markets
Nothing significant reported today.
Trade
Nothing significant reported today.
Politics
Nothing significant reported today.
Also today in United Kingdom
- Surge in borrowing costs hits corporate America — Financial Times
- Asian shares are mixed after Wall Street gains, oil price steadies — The Independent
- More signs of Burnham conference bounce as poll finds Labour opening five point lead over Reform — Mail
- France braces itself for a day of carnage with tens of thousands expected on the streets as trade unions join far-Left 'student protests' — Mail
- Australian consumer confidence plunges to worst level since 1990s after RBA rate rise — TheGuardian
- FirstFT: French central bank chief warns on rising rates — Financial Times
- Watch: At the scene of student protests on the streets of Lille — BBC
- Russian media claims a second victim has died from 'plague outbreak' at infection zone hospital as Kremlin scrambles to cover up details — Mail
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
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The same day elsewhere
- Argentina: Subway Strike Hits Buenos Aires; Dollar Blue Falls
- Brazil: Lula Blocks Betting, Senate Debates Workweek Change
- Canada: Quebec Election Result, US Tariffs Impact Trade
- China: China's Retail Shift, EU Trade Tensions, HK Land Sale
- Germany: Deutsche Firmen warnen vor China-Zöllen, Zugunfall stört Verkehr
- Egypt: Egypt Expands Financing Tools, Exports to South Korea Rise
- Spain: Barcelona Unrest, Jindal Bids for Tubos Reunidos
- France: Lycée Protests Escalate, French Debt Insights
- Indonesia: Rupiah Strengthens, Job Protection Bill Advances
- Israel: Modi'in Unrest, Leviathan Gas Deal Approved
- India: RBI Rate Hike Looms, Stock Market Gains, FDA Crackdown
- Iraq: EU-Iraq Trade Talks, Network Theft Arrests Rise
- Iran: Iran's Oil Exports Halt, Tehran Stocks Near 8 Million
- Italy: Diesel Prices Rise, Paramount Acquires Warner Bros
- Japan: Times Car Data Breach, Tokyo Child Safety Alert
- Kenya: Ebola Case Confirmed, Electric Vehicle Deal Signed
- South Korea: Finance Minister's Inflation Focus, Seoul Tourist Surge
- Lebanon: IMF Oversight on Banks, Economy Ministry Crackdown
- Morocco: Dirham Weakens, Severe Weather, Water Disruptions
- Mexico: US Diesel Sanctions Impact, Nuevo León Investment
- Malaysia: Batu Pahat Schools Close; GeoSAWIT Launches
- Nigeria: LAWMA Revokes Licences, Nigeria Climbs Investment Ranking
- Netherlands: Dutch Cabinet Tax Plan in Doubt, Booking.com Court Clash
- Poland: Orlen Managers Arrested, TVN Sale Under Review
- Portugal: Portugal Faces Thunderstorm Alerts, Infringement Cases
- Russia: Russia Hits Izmail Port, Moscow Exchange Rises
- Senegal: Flood Response Boosted, Debt Talks Begin
- Turkey: ASELSAN's Major Deal, New Rules for Booking
- Ukraine: Power Cuts Return, Chonhar Bridge Damaged
- United States: Trade Deficit Widens, Measles Emergency Declared
- Vietnam: Vietnam-Panama Trade Talks, HNX Stocks Move
- South Africa: Joburg Power Outage, SIU Recovers Billions