Economics

Developer of education tool Canvas issues apology after hack

The developer of Canvas, widely used ‌by U.S. institutions for grades and class materials, issued an apology after a hack that blocked students from accessing the education tool and involved student data being stolen by a cybercriminal hacking group.

12 May 2026-03:40
LOT Polish Airlines says Boeing hid 737 MAX safety concerns to sell jets

Boeing (BA.N), opens new tab hid safety problems with its 737 MAX jet when LOT Polish Airlines picked the popular single-aisle jet in 2016 to anchor its plans to recover from its significant ‌financial troubles at the time, the airline's attorney argued on Monday in U.S. District Court in Seattle.

12 May 2026-03:36
Lotus scales back EV plans, targets 2028 supercar launch

Lotus said on Tuesday it plans to launch its first-ever supercar in 2028 and will scale back its all-electric ambitions, as the UK-based sports car maker pivots to a ‌hybrid-led strategy amid slowing EV demand and shrinking government subsidies.

12 May 2026-03:30
S&P 500 could hit 8,000, HSBC says in bullish outlook

HSBC has raised its year-end target for the S&P 500, citing resilient corporate earnings and continued momentum from major technology companies powering the artificial intelligence boom.

11 May 2026-14:40
Sony urges gamers to buy PS5 before GTA 6 arrives

11 May 2026-14:12
Swatch shareholder vote tests Hayek family control

Swatch Group is heading into a closely watched shareholder meeting on Tuesday as external pressure mounts over its governance structure, testing the long-standing control of the Hayek family.

11 May 2026-13:55
Sensex, Nifty falls as oil surge hits stock markets

Indian equity markets extended their losing streak on Monday, with benchmark indices falling sharply in afternoon trade as rising crude oil prices and weak global sentiment weighed on investors.

11 May 2026-13:34
Iran's Araghchi set to visit India for BRICS talks

11 May 2026-13:30
LVMH chief Arnault visits South Korea on first trip in 3 years

11 May 2026-13:12
China's auto sector gains momentum as NEVs dominate sales share

11 May 2026-12:52