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Commonwealth Bank of Australia CEO apologies for financial planning scandal

Thursday, July 3, 2014 Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm. Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a

Air safety group says airport was operating illegally without license when Garuda Indonesia Flight 200 crashed

Monday, June 23, 2008 An Australian air safety group claims that Yogyakarta International Airport was opearating illegally with no license when Garuda Indonesia Flight 200, a Boeing 737, crashed at the airport, killing 16 Indonesians and five Australians. Flight Safety Pty Ltd had been asked to carry out an independent investigation by an anonymous client after the March 2007 disaster, which occurred when the aircraft landed at excessive speed and

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Ross on Wye Friends win gold for garden

Friday, July 22, 2005 The weather forecast on Wednesday 27th July was poor which was unfortunate for Ross-on-Wye citizens, many of whom were dressed in historical costumes to greet the judges for the Heart of England in Bloom visit. Friends faithfully turned up – women in their Quaker grey and white bonnets, and the Meeting House and burial ground were a hive of activity throughout the day. We welcomed Nelson

Digital security researchers publicly reveal vulnerability in WPA2 WiFi protocol

Thursday, October 19, 2017 On Monday, digital security researchers Mathy Vanhoef and Frank Piessens of Belgium’s KU Leuven university publicly disclosed a security vulnerability in the WPA2 Wi-Fi (wireless local-area networking) protocol, which they called KRACK (for Key Reinstallation Attack). Their study claimed KRACK affects every modern device using Wi-Fi; it can be fixed by a software update, researchers said. Vanhoef wrote, “Attackers can use this novel attack technique to

French workers use threats in compensation demand

Friday, July 17, 2009Following similar threats by workers at New Fabris and Nortel, workers at JLG in Tonneins, France, threatened to blow up several platform cranes. The JLG factory announced in April 2009 that it will fire 53 of its 163 workers by the end of 2009, while the remaining 110 jobs will not be secure over the next 2 years. JLG Tonneins was acquired in 2006 with its parent

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MG Rover sold to Nanjing Auto

Friday, July 22, 2005 Administrators PriceWaterHouseCoopers (PWC) have announced that the British car company MG Rover and its engine manufacturer Powertrain Ltd has been sold to Chinese company Nanjing Automobile for an unknown sum of money. The company beat bids from Shanghai Automotive (SAIC), despite being the smaller of the two. MG Rover collapsed this Spring, after struggling to make a profit for several years. SAIC had tried to buy

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Four shot in restaurant in Alabama, US

Monday, December 18, 2006 Shortly after nine PM last night a gunman walked into the T.G.I. Friday’s on University Drive in Huntsville, Alabama and opened fire on a table where Tanqueray Beavers, Thurston Turner, Autora Rogers, and William Reliford sat. The suspect was reported fleeing the scene in a 1970’s era black Chevelle with silver racing stripes and chrome wheels. Huntsville Police stopped a car matching this description and took