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Companies still blasé over cybercrime

Iran Missile Test

International companies remain blasé about the threat of cyberattacks, despite a number of high-profile and costly breaches, according to a major survey out on Wednesday.

Another billionaire emerges from private equity

A Billion Dollars

James Tomilson Hill, the Blackstone Group vice chairman who runs the company’s $58bn hedge-fund business, has emerged as a billionaire as the world’s largest private-equity firm and his art collection have surged in value.

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