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November 8, 2017

Cyberattack costs shipper $300M

COPENHAGEN, Denmark (AP) — The world's biggest shipping company, Denmark's A.P. Moller-Maersk, has fallen to a quarterly loss due partly to the cost of a cyberattack.

The Copenhagen-based group reported Tuesday a $1.5 billion loss for the third quarter, from a profit of $429 million a year earlier. Revenue increased to $8 billion from $7 billion.


 
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