Italy’s data protection authority has fined telecom operator WINDTRE €1.7 million ($1.94 million) after identifying major weaknesses in the company’s cybersecurity systems that led to two unauthorized data breaches. The breaches exposed personal information belonging to more than 365,000 customers, including contact details and, in some cases, payment-related information. Hackers Posed as Support Technicians According…

Michael Saylor’s Strategy has once again drawn attention to the growing challenges facing publicly traded crypto treasury companies after approving additional bitcoin sales while attempting to strengthen its financial position. The move comes as the broader cryptocurrency market struggles through a difficult 2026, with falling token prices weighing heavily on companies whose business models rely…

China’s state-owned energy giant PetroChina has successfully completed the first start-up of its new 1.2 million metric tons per year ethylene project at the Dushanzi Petrochemical complex in Xinjiang, marking a significant milestone for the country’s petrochemical industry. The company announced on Thursday that the large-scale facility began operations successfully on its first commissioning attempt,…

Private equity giant KKR and Energy Capital Partners have increased their takeover offer for Irish energy distribution company DCC for the second time in just five weeks, raising the potential value of the deal to approximately £5.81 billion ($7.86 billion). The revised proposal introduces an additional performance-linked payment while extending the deadline for both sides…

Iran has reportedly instructed Yemen’s Houthi movement to prepare for the possible closure of the Bab el-Mandeb Strait if the United States launches attacks on Iranian power infrastructure, according to multiple sources familiar with the discussions. The reported move signals a significant escalation in regional tensions and raises fresh concerns about global oil supplies, as…

Chevron is set to strengthen its presence in Iraq’s energy sector by signing new memorandums of understanding (MOUs) with the Iraqi government covering the West Qurna 2 and Nassiriya oilfield projects. The agreements are expected to advance negotiations on two of Iraq’s most significant oil developments while also supporting plans to improve the country’s crude…

Oil loading operations at Iraq’s Basra oil terminal briefly paused on Thursday after a drone struck an oil tanker near the country’s main export hub, according to multiple Iraqi oil and security sources. Operations later resumed after officials confirmed the incident caused no significant damage. The temporary disruption raised fresh concerns over the security of…

The U.S. Senate Commerce Committee is preparing to vote on bipartisan legislation that would strengthen restrictions on Chinese automakers and make it even harder for them to enter the American market. The vote, scheduled for July 15, comes as Washington continues to tighten its stance on Chinese-made vehicles over concerns about national security, data privacy,…

California is rolling out a new electric vehicle (EV) rebate program that will offer up to $3,500 to first-time buyers, aiming to encourage adoption after the removal of federal tax credits and a slowdown in U.S. EV sales. Governor Gavin Newsom signed the legislation on Monday, introducing a new state-backed incentive that will become available…

Paramount Skydance CEO David Ellison is facing fresh political scrutiny after the top Democrat on the House Judiciary Committee accused him of undermining CBS News’ editorial independence by allegedly pressuring the network to air content favored by President Donald Trump. The accusations come as Paramount continues to navigate regulatory and legal challenges surrounding its major…