MGM Says Computer Hack to Cost $100 Million in Lost Profit
MGM Resorts International said the recent computer hack that shut down many services at its casino hotels will reduce third-quarter profit by about $100 million.
MGM Resorts International said the recent computer hack that shut down many services at its casino hotels will reduce third-quarter profit by about $100 million.
New Zealand’s Queenstown Airport has been cleared to reopen after it was closed for several hours on Friday while authorities investigated a suspected bomb.
Sweden’s EQT AB expects to allocate as much as $3 billion in Japan from its $11 billion Asia private equity fund in coming years, betting that companies will take more steps to benefit shareholders.
The US and China are moving closer to setting up a meeting between presidents Joe Biden and Xi Jinping at next month’s Asia-Pacific Economic Cooperation summit, according to people familiar with the matter, though officials in Beijing haven’t yet signed off.
Wage growth for Japanese workers was slower than expected in August, reinforcing the Bank of Japan’s need to wait for further signs of strength in the labor market before moving toward normalizing policy.
A growing number of Australian households are in the early stages of financial stress, while lenders remain in a solid position to absorb loan losses if needed, the nation’s central bank said.
Elon Musk’s X Corp., giving bankers an update on efforts to reinvigorate growth, said that it’s testing three tiers of premium service, which would allow the company to charge customers different amounts depending on how many ads are shown.
Bank of Japan board members will likely discuss whether to tweak forward guidance along with the yield curve control mechanism when they gather later this month, according to a former executive director in charge of monetary policy.
Indonesia is rich in the resources essential to a shift from fossil fuels.
Singapore Deputy Prime Minister Lawrence Wong will meet US cabinet secretaries and senior officials from Joe Biden’s administration in a working trip during Oct. 5-15.