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Travelex boss breaks silence 17 days after cyber attack

Travelex boss breaks silence 17 days after cyber attack

Business
The boss of Travelex has broken his silence about a cyber attack that forced its staff to use pen and paper and halted travel money sales at some banks and supermarkets.The firm has released a number of short statements since cyber criminals held the firm to ransom on 31 December.But in a video message on the firm's website, boss Tony D'Souza said the IT system used by in-store staff was working again.However, other systems remain offline.In a scripted video that was uploaded to a backup Travelex website, Mr D'Souza said the company had taken its systems down after the cyber attack on New Year's Eve. Travelex customer: My money is in limbo Banks stop currency service after Travelex attack However, while he said the system used by...
FTSE chief executives ‘earn average salary within three days’

FTSE chief executives ‘earn average salary within three days’

Business
Bosses of Britain's leading firms will be paid more within three working days of 2020 than the average employees' annual wage, according to research.FTSE 100 chief executives starting work on 2 January will by 17:00 GMT on Monday have earned above the average wage of £29,559, the report says.The data was compiled by the Chartered Institute of Personnel and Development and the High Pay Centre think tank.Business Secretary Andrea Leadsom said the pay gap was "concerning".The figures - based on the latest available data - suggests the average FTSE 100 chief was paid £3.46m in 2018, equivalent to £901.30 an hour.The average full-time annual salary of £29,559 works out at £14.37 an hour, the report said, meaning that top bosses earned about 117 times their ave
Watch: Stray Kids rebel in ‘Gone Days’ video

Watch: Stray Kids rebel in ‘Gone Days’ video

Entertainment
Dec. 26 (UPI) -- South Korean boy band Stray Kids is back with a new music video. The K-pop group released a playful video Thursday for the new single "Mixtape: Gone Days." The "Gone Days" video opens with Stray Kids in a classroom scene. The singers are then seen rebelling against a teacher wearing a horse mask. Soompi said "Gone Days" is a play on the Korean word "kkondae," or a condescending older person. "This is the new generation, go away," Stray Kids sing in the song. "Mixtape: Gone Days" follows the release of Stray Kids' EP Clé: Levanter. The EP, released Dec. 9, includes the singles "Double Knot" and "Levanter." Stray Kids consists of Bang Chan, Lee Know, Changbin, Hyunjin, Han, Felix, Seungmin and I.N. The group is known for the singles "Hellevator," "My Pace," "Miroh" and "Si
Boeing chief ousted days after announcing 737 MAX production to be grounded

Boeing chief ousted days after announcing 737 MAX production to be grounded

Business
Boeing has ousted its boss six days after the company said it was suspending the production of 737 MAX aircraft following two fatal crashes.The aerospace giant said Dennis Muilenburg had resigned as chief executive and board director with immediate effect. Reuters news agency reported that Mr Muilenburg may be eligible for nearly $ 39m in severance. Boeing decline to comment on the figure or whether he would accept it.Announcing the chief executive's departure, the company said: "The board of directors decided that a change in leadership was necessary to restore confidence in the company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders."It follows a year of intense scrutiny and industrial setbacks triggered by the two crashes, the co...
Johnson reveals first 100 days plan with election a week away

Johnson reveals first 100 days plan with election a week away

Business
With just a week to the general election, Boris Johnson is already confidently - if not complacently - talking about his plans for the first 100 days of a majority Tory government.With opinion polls still suggesting a comfortable lead for the Conservatives, the prime minister has announced plans for a Commons vote on Brexit, a Queen's Speech and a post-Brexit budget. Labour has responded by claiming a Tory victory would mean more austerity, privatisation and tax giveaways, while the Liberal Democrats have denounced Mr Johnson's promises as fantasy. ...