Business in 60 Seconds

December 14, 2020 - Biz in 60


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Russia denies hacking US Treasury emails
Moscow has denied reports that Russian hackers have been monitoring internal e-mail traffic at the US Treasury Department. A Reuters report also says hackers gained access to an agency that decides internet and telecommunications policy. The breach triggered a National Security Council meeting at the White House on Saturday.
Turkey's industrial production, retail sales up in October
Turkey's industrial production rose 10-point-2 percent from a year ago in October, marking the fifth consecutive month of growth. That's as the economic recovery picked-up pace following coronavirus lockdowns. Meanwhile, retail sales also jumped 12-percent year-on-year, driven by a surge in online and mail-order sales, as people stayed at home during the pandemic.
Gaming firm EA to buy Codemasters for $1.2B
Video games maker, Electronic Arts, has agreed to buy UK racing game developer, Codemasters, for 1-point-2 billion dollars. The deal trumps a 970-million- dollar offer from US rival Take-Two Interactive Software that was accepted last month. The move comes amid increasing consolidation in the industry as the pandemic boosts demand for gaming.
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Business in 60 SecondsBy TRT World

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