Technology

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UPDATE 1-Hacking attack in Canada bears signs of Chinese army unit-expert

OTTAWA/TORONTO, July 31 - The recent hacking attempt on a sensitive Canadian government computer network is similar to attacks mounted by an elite unit of the Chinese army based in Shanghai, according to a cybersecurity expert.

4:58pm IST

US STOCKS-Futures sharply lower ahead of payroll report

* Investors look to payrolls for insight into rate policy

Chinese provincial agency may have confirmed secret long-range missile

BEIJING, Aug 1 - A Chinese provincial department appeared to have inadvertently confirmed the existence of an intercontinental ballistic missile that may be able to carry several nuclear warheads and travel as far as the United States.

4:48pm IST

BRIEF-IFS wins order worth over 2 mln euro

Aug 1 - IFS : * Global EPCI company selects IFS applications * Says the total value of the contract is in excess of EUR 2 million Link to press release: http://mb.cision.com/Main/855/9623068/271226.pdf

4:36pm IST

BRIEF-Intershop Communications adjusts sales and earnings forecast for 2014 financial year

Aug 1 - Intershop Communications AG : * Says has adjusted its sales and earnings forecast for the 2014 financial year * Says now expects revenues to decline at a single-digit to low double-digit

4:25pm IST
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Nifty falls most in nearly 3-1/2 weeks; Sensex down over 400 points

MUMBAI - The Nifty fell 1.5 percent on Friday, marking its biggest single-day fall in nearly 3-1/2 weeks as blue-chips such as Reliance Industries slumped tracking weaker global markets ahead of U.S. jobs data later in the session. The BSE Sensex lost 1.6 percent, or 414.13 points, to end at 25,480.84.