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Suspect linked to Russian language cybercriminal forum arrested in Ukraine, says France
Suspect linked to Russian language cybercriminal forum arrested in Ukraine, says France

The Star

time10 hours ago

  • The Star

Suspect linked to Russian language cybercriminal forum arrested in Ukraine, says France

PARIS (Reuters) -A person suspected of being the administrator for the Russian language cybercriminal forum was arrested in Ukraine, with the assistance of the French police and Europol, the French Public Prosecutor's Office said on Wednesday. Active since 2013, this forum was one of the main hubs for global cybercrime. It facilitated the sale of malware, access to compromised systems, stolen data, and ransomware-related services. The forum was paired with an encrypted Jabber messaging server, facilitating anonymous exchanges between cybercriminals, the statement added. (Reporting by Dominique Vidalon;Editing by Sudip Kar-Gupta)

Paris prosecutor contacts police as probe into social media platform X advances
Paris prosecutor contacts police as probe into social media platform X advances

The Star

time11-07-2025

  • The Star

Paris prosecutor contacts police as probe into social media platform X advances

PARIS (Reuters) -The Paris public prosecutor's office said on Friday it had contacted police as it advanced its probe launched earlier in the year against Elon Musk's X social media platform over alleged algorithmic bias. The investigations will focus on suspicion of "tampering with the operation of an automated data processing system as part of an organized gang and the fraudulent extraction of data from an organized automated data processing system," it said. This comes after the cybercrime unit of the Paris public prosecutor's office had received in January 2025 two reports from a member of parliament and a senior official of a French public institution that concerned the alleged use of X's algorithm for foreign interference. (Reporting by Dominique Vidalon;Editing by Sudip Kar-GuptaEditing by Sudip Kar-Gupta)

More than 1,500 flights cancelled on July 3-4 due to French air traffic controllers' strike
More than 1,500 flights cancelled on July 3-4 due to French air traffic controllers' strike

The Star

time03-07-2025

  • The Star

More than 1,500 flights cancelled on July 3-4 due to French air traffic controllers' strike

PARIS (Reuters) -More than 1,500 flights have been cancelled on July 3-4, affecting nearly 300,000 passengers, due to a strike by French air traffic controllers, European industry lobby Airlines for Europe said in a statement. "Airlines for Europe (A4E) strongly condemns the French air traffic control (ATC) strike taking place today and tomorrow," it said. "Tens of thousands of travellers in France and across Europe have seen their summer getaway grounded as French air-traffic controllers walk out during the Grand Départ; one of the busiest periods for summer travel," it added. (Reporting by Dominique Vidalon and Makini Brice)

Former French president stripped of nation's top honour
Former French president stripped of nation's top honour

Perth Now

time15-06-2025

  • Politics
  • Perth Now

Former French president stripped of nation's top honour

Former president Nicolas Sarkozy has been embroiled in legal battles since leaving office in 2012. (AP PHOTO) Credit: AAP Dominique Vidalon and Gilles Guillaume Reuters Former president Nicolas Sarkozy has been stripped of his Legion of Honour, France's highest distinction, after being convicted of corruption and influence peddling. The centre-right politician has been embroiled in legal battles since leaving office in 2012. France's highest court upheld his conviction for corruption and influence peddling in 2024, ordering him to wear an electronic tag for a year - a first for a former French head of state. Also in 2024, an appeals court confirmed a separate conviction for illegal campaign financing in his failed re-election bid in 2012. The rules of the Legion of Honour award meant the revocation - announced in a decree published in Sunday's Official Bulletin - had been expected.

Remy Cointreau withdraws mid-term goals, posts lower annual profits
Remy Cointreau withdraws mid-term goals, posts lower annual profits

Yahoo

time04-06-2025

  • Business
  • Yahoo

Remy Cointreau withdraws mid-term goals, posts lower annual profits

By Dominique Vidalon PARIS (Reuters) -French spirits group Remy Cointreau reported a smaller-than-expected 30.5% drop in annual organic operating profit, withdrew its mid-term goals and said sales would return to mid-to-single-digit growth during the next financial year. The company, which makes Remy Martin cognac and Cointreau liqueur, said on Wednesday that the lower profits reflected weak sales in its key markets of China and the United States, where the group also faces tariff threats. This was partially offset by cost cuts worth 85 million euros ($97 million), which outpaced an initial cost savings plan of 50 million euros. Remy Cointreau, which last week named luxury goods veteran Franck Marilly as its new chief executive, said it had decided to withdraw its objectives for 2029-30, citing continued uncertainty tariffs. Its group operating profit fell 30.5% on an organic basis to 217 million euros ($247 million) for the full year ended March 31, 2025. Analysts had expected a fall of 31.7%, according to a company-compiled consensus of 15 analysts. The company makes around 70% of its sales from cognac, mostly in the U.S. and China. Remy's sales have come under pressure amid a sluggish Chinese economy and threats of tariffs on European brandy. Meanwhile, high interest rates and inflation have led to steep sales declines in the United States, where Remy's rivals have also been cutting prices and eating into the firm's market share. For the financial year 2026, Remy Cointreau estimates, under what it calls its "worst case scenario", it could suffer an organic decline in current operating profit in the mid-teen to high-teen range as a result of U.S. and Chinese tariffs. ($1 = 0.8800 euros) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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