Posts From King World News

Cyber security stocks get filip from Talk hack attack

By Sudip Kar-Gupta LONDON (Reuters) – The hacking scandal at broadband provider TalkTalk has heightened interest in stocks and companies dealing in cyber security, with some fund managers betting on more growth in the sector. British police said on Friday that they had arrested a second teenager in connection with the breach at TalkTalk, which may have led to the theft of personal data from among the company’s more than

Oil prices drift before U.S. rig count; market up after two weeks

Oil prices were little changed on Friday, awaiting U.S. rig count data that would indicate potential North American crude production, as a global supply glut continued to weigh on the market despite unseasonably strong demand for U.S. oil products. For the week, both Brent and U.S. crude showed gains after Wednesday’s 6 percent rally helped the two benchmarks snap two previous weeks of losses. The rally was driven by sharper-than-expected