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Hacker group Handala claimed responsibility for attack that caused 'global disruption' to Stryker Corporation's systemsAn Iran-linked group said it hacked a US medical company, causing “global disruption” to its systems, in retaliation for the bombing of the Minab school in Iran, in an attack seen as widening the Middle East into the cyber realm.Handala, a hacker group, claimed responsibility for the attack on Wednesday on the Stryker Corporation, which makes medical devices and is based in Michigan. It affected thousands of employees using the company's Microsoft systems. Continue reading......

The Gillingham owner, Brad Galinson, issues warning and wants to find a fix as costs spiral amid 'the Wrexham effect'Brad Galinson has a warning for anyone looking to invest in English football's lower leagues. “Almost every single club in the EFL is about seven days away from suffering the same fate as Sheffield Wednesday,” the Gillingham owner says. “Everyone is chasing dreams.”Many have blamed the “Wrexham effect” for spiralling costs as investors from all over the world have flocked to buy clubs down the pyramid. Only two in League One have a playing budget of less than £3.5m this season compared with 13 two years ago, and several are thought to be operating on more than £10m. Continue reading......

Exclusive: Lab tests discover 'new form of insider risk' with artificial intelligence agents engaging in autonomous, even 'aggressive' behavioursRobert Booth UK technology editorRogue artificial intelligence agents have worked together to smuggle sensitive information out of supposedly secure systems, in the latest sign cyber-defences may be overwhelmed by unforeseen scheming by AIs.With companies increasingly asking AI agents to carry out complex tasks in internal systems, the behaviour has sparked concerns that supposedly helpful technology could pose a serious inside threat. Continue reading......

The most powerful nation in the world is now being led by a rogue president who rejects its longstanding valuesAs we reach the 13th day of the war in Iran – with death and destruction rippling throughout the Middle East – it's important to bear in mind where the real failure lies.So far, nearly 2,000 people have been killed, including 175 Iranian schoolchildren and seven US service members. At least 140 US service members have been wounded, several critically. The final tallies on both sides will almost certainly be far higher. Continue reading......

Mathias Döpfner beat the Mail to seize a British institution. But whether he will be a sobering or malign influence is not yet clearAfter fighting off one foreign takeover, staff at the paper that broke the news of the second world war might have been expected to react badly when meeting their potential new German owners on Monday. Instead, journalists at the Telegraph felt “optimistic”, “enthusiastic” and even “cautiously pleased” – one called a takeover by media conglomerate Axel Springer the “best possible outcome”.The reason for this Panglossian response is partly hope that Axel Springer and its boss, Mathias Döpfner, might genuinely be keen on journalism, and partly exhaustion at the end of a wildly convoluted three-year takeover battle. The fight says a lot about the state of the print news business – upended by technological and economic headwinds yet still seen as an attractive bauble for rich power players and important as a home for journalism. For how much longer this pers...

Lloyd's, Halifax and Bank of Scotland customers say information including national insurance numbers and recent purchases was on view Some customers of Lloyds, Halifax and Bank of Scotland were able to see the bank accounts of other customers when they logged into their app on Thursday morning.Customers reported difficulties logging into their bank accounts and in some cases were able to view account details and transactions that did not belong to them. Continue reading......

Florida investors featured in Guardian investigation claimed they lost most of their life savings after a financial adviser put their money into 'alternative' assetsIn a victory for everyday investors, arbitrators have awarded $3.8m to 13 Florida seniors who claimed a financial adviser squandered their retirement money by plowing it into risky investments.The award comes after the Guardian highlighted these investors' losses as part of an investigation into dangers that so-called “mom and pop” investors face at a time when the Trump administration has thrown its support behind Wall Street's efforts to sell them more higher-risk “alternative investments”. Continue reading......

In week two of Rhik Samadder's diary, our resident AI skeptic put his reputation on the lineEvery writer I know is in despair at the prospect being replaced by AI. Many of them say they never use it on principle; I know all of them do.So this week, as part of my AI diary, I'm conducting the forbidden experiment in plain sight. I'm going toe to toe with ChatGPT as a creative writer. Can it truly match me, and might it replace me? Let's settle this. Continue reading......

Fortunes of the country's 22 billionaires doubled in last five years, reaching unprecedented collective wealth of $219bnScrunched between luxury apartment buildings and a lush gated community, the neighborhood of Santa Lucía Reacomodo in Mexico City is a working-class pocket of real estate. Electrical wires tangle above cinder-block houses, stray cats slink down narrow streets, debris piles up on the pavement.María del Socorro Corona, 79, arrived here decades ago, back when it was just a cactus-covered hillside. The two-bedroom turquoise house she built with her now-deceased husband is crammed with bags of clothes and knick-knacks she sells at a weekly market. Continue reading......

Campaigners say people unlikely to 'look favourably' on package for Wael Sawan, which rose to £13.8m in 2025The chief executive of Shell saw his pay jump more than 60% to almost £14m in 2025 despite a slump in profits at the oil company and prospects of rising pump prices related to war in the Middle East.The package for Wael Sawan, who took the top job in 2023 and has refocused the company on fossil fuels, rose from £8.6m in 2024 to £13.8m in 2025. Continue reading......

Proposed package comes after regulator finds 'serious and unacceptable breaches' in how company operatesWelsh Water is to pay a proposed £44.7m after the industry regulator found “serious and unacceptable” breaches in the supplier's sewage and network services.Ofwat said Dŵr Cymru Welsh Water failed to properly operate, maintain and upgrade its wastewater network to ensure it could cope with levels of sewage and wastewater, and did not have adequate processes in place or oversight by senior bosses. Continue reading......

Cosmetics firm takes legal action against London-born perfumer who sold brand and rights to her name in 1999Estée Lauder is taking legal action against the British perfumer Jo Malone after she used her name on a fragrance for the fashion chain Zara.Malone sold her perfume brand to Estée Lauder Companies in 1999 in a deal under which she was blocked from using her name for particular commercial reasons including the marketing of fragrance. Continue reading......

Ofgem licence means firm can replicate Texas setup of powering homes, businesses and EVsElon Musk's Tesla has won approval to supply electricity to households and businesses across Great Britain, as the tech billionaire expands his energy ambitions.The energy regulator, Ofgem, has formally granted Tesla an electricity supply licence, enabling it to provide electricity to domestic and business premises in England, Scotland and Wales. Continue reading......

Payment of 2% at employee-owned partnership follows sales increase to £13.4bnThe owner of John Lewis and Waitrose has paid an annual bonus to workers for the first time in four years after underlying profits rose by 6%.The retail group's employees – which it calls partners – will receive a 2% bonus after it recorded an increase in sales and profits. Continue reading......

Rolling coverage of the latest economic and financial newsOil price tops $100 again as Iran strikes economic targets across Middle EastThe war has also prompted Goldman Sachs to push back its forecast for US Federal Reserve's rate cutsIt now expects quarter-point reductions in September and December, having previousl forecast cuts would start in June. Continue reading......

Layoffs to affect 10% of workforce amid Australian company's restructuring plan to push into artificial intelligence and enterprise salesSoftware giant Atlassian has announced it is laying off about 10% of its workforce, or roughly 1,600 positions, and replacing its chief technology officer as it restructures to invest further in artificial intelligence.More than 900 affected positions were involved in software research and development, a spokesperson said. Most of Atlassian's employees work in software engineering and design, accounting for over 50% of its 13,813 full-time workforce in June 2025. Continue reading......

Danish IT supplier Netcompany is new title sponsorTeam to be renamed and have a new kitJim Ratcliffe's Ineos Grenadiers cycling team will be renamed and rebranded with a new lead sponsor and kit before the start of this year's Tour de France in Barcelona on 4 July.The Guardian understands that while Ratcliffe and the Ineos head of sport, Dave Brailsford, will retain ownership and management of the British team, the new title sponsor will be the Danish IT supplier Netcompany. Continue reading......

From fuel caps to four-day work weeks, the Middle East conflict has left the world's top crude oil importing region desperate to shore up suppliesDonald Trump has scrambled in recent days to reassure the world that the economic impact of his war on Iran can be contained.Sure, one of the most important waterways in global trade has, in effect, been shut for almost two weeks – but it might reopen before long. In the meantime, US oil-related sanctions on “some countries” will be lifted. And besides, the entire conflict could be over soon. Continue reading......

Vast release of emergency crude reserves fails to quell mounting fears around energy supply crunch, rattling global marketsOil prices again topped $100 per barrel on Thursday as widespread Iranian attacks on Middle Eastern energy facilities overshadowed a vast release of government reserves.As Donald Trump vowed to “finish the job” and press ahead with the US-Israel war on Iran, the country's regime stepped up retaliatory strikes on economic targets across the region. Continue reading......

Chief executive and chairman of ICI in the 1990s who oversaw the creation of the pharmaceutical company Zeneca Ronnie Hampel was a businessman's businessman, a major force in the reshaping of ICI, Britain's largest manufacturing company, in the 1990s and in the birth of the pharmaceutical company Zeneca (now part of AstraZeneca), as well as a powerful influence on other company boards.He was exceptionally well-connected. His place at the heart of the UK business establishment as chairman of ICI – from 1995 to 1999 – was highlighted by his regular golfing four which included the then cabinet secretary, the chairman of BP and the permanent secretary of the Treasury. Continue reading......