Japan's beer giant had to delay its financial results because of a cyber attack.
It's World Business Express from the BBC World Service.
I'm Liana Byrne.
Bitcoin has jumped back over $91,000.
Why's that?
And Venezuela's banned six international airlines.
Here you go.
Production in Japan was back within a week, but the wider impact is still rumbling on.
Sejiro Takeshita is a professor of management and information at the University of Shizuoka.
One of the reasons is that we didn't get a lot of these hackers coming into our system, partly because of the language barrier the Japanese and also due to the fact that Japanese companies have always been very prepared to to earthquakes and all these kinds of natural disasters.
So we had a lot of backup for the data and system.
But AI has, I think, changed quite a lot of that.
The language barrier has definitely gone down and also due to the fact that they're starting to understand that there's a lot of naivety in the Japanese companies and the individuals as well.
And that's the reason why it's increased so dramatically.
In fact, according to some data, we have six-fold increase of these fraudulent mails are trying to rip both individuals and corporations off.
That is really interesting.
The fact that AI could be one of the reasons why there's an increase in this.
And I mean, it's hit operations as well.
So it's quite a big blow for the company.
Very big blow.
It's also affecting other companies as well.
For example, Alsaki's arch rival Kirin, has basically also halted beer and gift-giving season's beer supply because they can't cope with this increased order anymore.
Because of haltage of Asahi.
Obviously the scare of individual data spreading through.
That's another very negative image for consumer goods.
So certainly it's very negative.
Now, they've had to delay their financial results because of this too.
Is that harmful for a company to do that?
Absolutely.
You know.
Just imagine all the nightmares of regressing back into business paper and pen or maybe Excel spreadsheet at most.
That's exactly what Asahi is doing.
They're trying to fight off this hardship through manpower.
But there is so much that manpower can comply.
And unfortunately, they're really going through a very, very hard time.
That was Sergio Tekeshita, Professor of Management and Information at the University of Shizuoka.
With us now, Emma Wall, Chief Investment Strategist at Hargreaves Lansdowne.
Emma, Bitcoin back above the $91,000 mark.
What's that story telling us about the global economy?
Well, it's reverse and fortune for Bitcoin, which has had a really bad month, a bad sell-off, one of the worst in its recent history.
And it's really telling us the market is buoyant again because Bitcoin is a kind of leading indicator for how risk sentiment it is globally.
And what it's telling us is actually global equity markets are are rallying again.
And this is all linked to the fact that expectations of what the Federal Reserve will do to interest rates when they meet next month is a real change in sentiment versus the beginning of last week when actually, global markets were really depressed by the idea that there wasn't sufficient data due to the fact that the US had been in shutdown for that record 43 days and hadn't been collecting both jobs data and inflation data.
And so they thought maybe the Fed wouldn't be able to make a decision in December because of lack of data.
Now the sentiment seems to be the Fed will cut next month and therefore everyone's on risk-on mode.
Emma.
Another story that I was interested in, just very briefly, Puma's up.
Apparently there's multiple bidders.
What do we know?
It is indeed.
So German-listed sportswear company Puma, in particular, known for making trainers, is being bid for by three different Asian companies.
So, two Chinese and one Japanese.
Not all of this has been confirmed yet, but that is the rumour.
All sportswear companies themselves.
And really it's a case of consolidation and speaks actually to European equity valuations being depressed and this being quite a good deal for global markets.
Really interesting.
We'll have to keep an eye on that one.
Emma Walt, thank you so much.
Switzerland's US tariffs deal, which cut levies from 39 down to 15, is now facing a backlash after it merged.
The top executives from Rolex, Richemont and others flew to the White House and gifted Donald Trump a gold bar and a Rolex clock while making their case.
The route could slow down the approval process in Parliament and may even end up going to a nationwide referendum.
Now, we've reported this recently.
Australia will take a world-leading step next month by banning social media for under-16s.
Opinion polls suggest there's broad support for the move, but two Australian teenagers think the move is so wrong that they've launched a legal challenge.
So why are Macy Leyland and Noah Jones opposed to the ban intended to offer them protection?
This case that we are fighting for is emphasising the constitutional rights of young Australians to discuss politics.
And this ban however, completely removes an entire age group from engaging in our modern way of communicating politically.
It's just isolating us from the world and the community around us.
I use Snapchat for, I'd say, more communication with my friends, but I use Instagram for politic updates, news and I find it quite helpful to make like decisions and it's making me think about who I'll be voting for in the future.
Macy Leyland and Noah Jones there.
Now Venezuela has cancelled the landing rights of six international airlines after they ignored a warning to resume flights.
They're among a group of carriers that had stopped flying in recent days after the US said the security situation in Venezuela posed a risk.
It's the latest flashpoint in worsening US-Venezuela relations amid American accusations over Caracas' role in the illegal drugs trade.
The flight disruptions began over the weekend, even as Marcela Luisa, who heads up the country's, I arrived on Sunday with one of the last flights that came in and it was very empty.
And of course, it's going to be complicated when the flights return because you have to rebook all those passengers.
And it's in the thousands because we're talking about, we lost 46 international flights.
And I'm talking one way, leaving Caracas.
So it would be 90-something flights with an average, I mean, 200 passengers per flight.
To take us through what's going on.
I've been speaking to our Online America's editor, Vanessa Buschluter.
In order to understand what happened, I think you have to look back at what happened on Friday, which was when the US Federal Aviation Administration, the regulatory body of the airlines, warned people, and especially airlines, that there was heightened military activity around Maiketea.
Maiketea is the place where the international airport is for Caracas, for the Venezuelan capital.
And after that warning a lot of the airlines felt they had to act immediately, they had to take precautions.
And the precautions they took was to suspend flights for a few days.
Now, the Venezuelan government did not take kindly to these moves of suspension of the flights.
They felt those suspensions were political and they threatened the airlines and told them they had 48 hours to resume flying to Caracas or risk losing the landing and takeoff rights.
Presumably these airlines are quite important for the country.
They are.
I mean.
The airlines affected are Iberia, TAP from Portugal, Gol from Brazil and Latam Turkish and Avianca from Colombia.
So these are the ones that are the main carriers in and out of Venezuela.
That's why 50% of air traffic in and out of Venezuela is estimated to be affected by this measure.
50%.
That is a lot, Vanessa.
So, I mean, surely this ban, it's not sustainable.
Something will have to happen.
Something will have to happen.
But, knowing the Venezuelan government, they have been very outspoken in their opposition to what they see as imperialist measures, measures driven by the United States.
That was our Online America's editor, Vanessa Buschluter, and you can read more about that story on the BBC News website.
And that's it from World Business Express from the BBC World Service.
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