UK Nuclear Waste Site Ignores Cyber Risks, Court Hears

Sellafield Ltd, the operator of the UK's Sellafield nuclear waste site, did not address cyber security issues despite multiple warnings from regulators, a court heard. Barclays has removed caps on bonuses for its top bankers. British Airways will suspend Beijing flights due to increased costs. Russian authorities rejected AB InBev's exit plan.

Sellafield Ltd, the UK state-owned operator of the Sellafield nuclear waste site, failed to address significant cyber security issues despite repeated warnings from regulators, a court was told. Prosecutors outlined the security lapses during proceedings at Westminster magistrates court in London.

Barclays has become the first UK bank to eliminate the EU-imposed cap on bonuses for its top bankers, potentially signaling a shift in compensation practices among major banking institutions.

British Airways has announced plans to suspend flights to Beijing starting October 26, citing heightened operational costs due to rerouting over Russian airspace. Meanwhile, Russian authorities have turned down a proposal by Anheuser-Busch InBev to sell its stake in a joint venture with Anadolu Efes in Russia.

(With inputs from agencies.)