ftse

There was a sharp intake of breath last month when the pharmaceuticals group AstraZeneca cemented chief executive Pascal Soriot’s position as the best-paid FTSE 100 boss with a £17m pay package, up from £15.3m a year earlier. The latest award brings to £137m the amount he has earned since joining in 2012.While it drew the anger of corporate governance experts, Soriot’s generous payout was just a fraction of the sums his counterparts at the biggest US companies take home. Sundar Pichai of Alphabet, Google’s parent company,…

The Intercontinental Hotels Group (IHG), which owns Holiday Inn, was the target of a destructive cyberattack by hackers who claimed they did it "for fun".According to the BBC, the IHG identified as a couple from Vietnam and claim that after attempting a ransomware assault, which was unsuccessful, the duo erased a significant amount of data.The hackers accessed the FTSE 100 firm's databases and quickly found that the password was Qwerty1234.The hackers, calling themselves TeaPea, contacted the BBC on the encrypted…

Japan's Nikkei closed 1 percent higher as investors hunted for beaten-down technology stocks, with sentiment underpinned by gains in Asian stocks and US futures. The Nikkei share average advanced 1.03 percent, to 26,423.47. The broader Topix rose 0.5 percent to 1,879.12. "Investors took a fresh view on technology and growth stocks as U.S. yields stabilised." They were buying back shares that fell too much. " Shoichi Arisawa, general manager of the investment research department at IwaiCosmo Securities. US President, Joe…