Business
Man arrested in connection with cyber-attack on airports
Imran Rahman-JonesTechnology reporter and
Joe TidyCyber correspondent, BBC World Service
Getty ImagesA person has been arrested in connection with a cyber-attack which has caused days of disruption at several European airports including Heathrow.
The National Crime Agency (NCA) said a man in his forties was arrested in West Sussex “as part of an investigation into a cyber incident impacting Collins Aerospace”.
There have been hundreds of flight delays after Collins Aerospace baggage and check-in software used by several airlines failed, with some boarding passengers using pen and paper.
“Although this arrest is a positive step, the investigation into this incident is in its early stages and remains ongoing,” said Paul Foster, head of the NCA’s national cyber crime unit.
The man was arrested on Tuesday evening on suspicion of Computer Misuse Act offences and has been released on bail.
The BBC has seen an internal memo sent to airport staff at Heathrow about the difficulties software provider Collins Aerospace is having bringing their check-in software back online.
The US company appears to be rebuilding the system again after trying to relaunch it on Monday.
Collins Aerospace’s parent company RTX Corporation told the BBC it appreciated the NCA’s “ongoing assistance in this matter”.
The US firm has not put a timeline on when it will be ready and is urging ground handlers and airlines to plan for at least another week of using manual workarounds.
At Heathrow, extra staff have been deployed in terminals to help passengers and check-in operators but flights are still experiencing delays.
On Monday, the EU’s cyber-security agency said ransomware had been deployed in the attack.
Ransomware is often used to seriously disrupt victims’ systems and a ransom is demanded in cryptocurrency to reverse the damage.
These types of attacks are an issue for organisations around the country, with organised cyber-crime gangs earning hundreds of millions of pounds from ransoms every year.
Days of disruption
The attack against US software maker Collins Aerospace was discovered on Friday night and resulted in disruption across many European airports, including in Brussels, Dublin and Berlin.
Flights were cancelled and delayed throughout the weekend, with some airports still experiencing effects of the delays into this week.
“The vast majority of flights at Heathrow are operating as normal, but we encourage passengers to check the status of their flight before travelling to the airport,” Heathrow Airport said in a statement on its website.
Berlin Airport said on Wednesday morning “check-in and boarding are still largely manual”, which would result in “longer processing times, delays, and cancellations by airlines”.
While Brussels Airport advised passengers to check in online before arriving at the airport.
Cyber-attacks in the aviation sector have increased by 600% over the past year, according to a report by French aerospace company Thales.
Business
Pakistan’s manufacturing sector slump: Private investment plunges 46%; experts warn of long-term industrial decay – The Times of India
Pakistan’s manufacturing industry, once considered a key driver of economic growth and employment, is undergoing one of its worst downturns in recent history. The sector has seen a steep 46 per cent fall in private investment over the past six years, raising fears of long-term stagnation among economists and industrial experts.According to The Express Tribune report cited by news agency ANI, private investment in manufacturing dropped from PKR 706 billion in FY2018–19 to just PKR 377 billion in FY2024–25, marking the weakest phase of industrial growth in more than a decade. Ali Imran Asif, Senior Executive Committee Member of the Lahore Chamber of Commerce and Industry (LCCI), warned that the current level of investment was “not enough to even replace depreciating machinery,” suggesting a deep erosion of Pakistan’s industrial foundation.“We are not dealing with a short-term dip; we are watching our industrial base disintegrate,” Asif said, as per The Express Tribune. He stressed that without structural reforms focused on productivity, innovation, and competitiveness, the country could face prolonged industrial paralysis.The combined contribution of the manufacturing and mining sectors to Pakistan’s GDP has remained stagnant at around 13.2 per cent over the past six years. Frequent policy changes, high energy costs, and volatile currency movements have severely affected export-oriented sectors such as textiles, leather, and engineering goods. Large-scale manufacturing output fell 1.5 per cent in FY25, reversing the 0.92 per cent growth recorded in FY24.In contrast, neighbouring economies like India and Bangladesh have maintained strong industrial growth supported by stable policies and export diversification. Economist Shahid Saleem noted that Pakistan’s slump is not merely the result of high interest rates but also reflects policy inconsistency and eroding investor confidence. Import restrictions and weak domestic demand have forced many factories to run below capacity, he added.Experts, as cited by ANI, warned that unless Pakistan swiftly formulates a credible industrial revival plan and ensures policy stability, the manufacturing sector’s decline will deepen further, undermining exports, employment and broader economic resilience.
Getty ImagesMore than 1,400 flights to, from, or within the US were cancelled on Saturday after airlines were told this week to cut traffic during the federal government shutdown.
Nearly 6,000 flights were also delayed, down from over 7,000 delays on Friday, according to flight tracker FlightAware.
The Federal Aviation Administration (FAA) announced earlier in the week that it would be reducing air travel capacity by up to10% at 40 of the nation’s busiest airports as air traffic controllers, who are working without pay during the shutdown, report fatigue.
Republicans and Democrats remain divided over how to end the impasse in Congress as the shutdown, which began 1 October, continues.
Saturday marked the 39th day of the longest shutdown in history as Republicans and Democrats still have not agreed on a funding resolution to reopen the government.
Senators are in Washington over the weekend for bipartisan negotitations aimed at ending the shutdown, which is beginning to be felt by more and more Americans amid cuts to food aid payments and the flight disruptions.
In a statement on Saturday, American Airlines urged “leaders in Washington, D.C., to reach an immediate resolution to end the shutdown”.
New Jersey’s Newark Liberty International Airport was experiencing some of the longest wait times. As of Saturday afternoon, arrivals to the airport were delayed by an average of more than four hours, while departures from the airport were delayed by an average of 1.5 hours, according to the FAA.
The airports with the most cancelled flights on Saturday, both to and from the location, were Charlotte/Douglas International, Newark Liberty International, and Chicago O’Hare International, according to FlightAware.
Departures to John F Kennedy International, Hartsfield-Jackson Atlanta International, and La Guardia were delayed by nearly three hours, over 2.5 hours, and about an hour, respectively, the FAA reported as of Saturday afternoon.
With the Thanksgiving holiday approaching on 27 November, it’s one of the busiest travel seasons of the year in the US.
It’s not just commercial flights that have been affected. Restrictions on private jets are also in place, Secretary Duffy said in a Saturday post on X.
“We’ve reduced their volume at high traffic airports — instead having private jets utilize smaller airports or airfields so busy controllers can focus on commercial aviation,” Duffy wrote. “That’s only fair.”
And things will likely get worse in the coming days as the FAA increases the percentage of cancelled flights.
On Thursday, the agency announced that the flight reductions would be gradual, starting at 4% of flights on Friday before rising to 6% by 11 November, 8% by 13 November, and the full 10% by 14 November.
The FAA said the cuts were necessary to maintain safety as air traffic controllers have been overworked during the shutdown.
As essential workers, the controllers are required to continue working without pay, and as a result, many have called out sick or taken on second jobs to afford necessities, unions say.
The controllers are just some of the 1.4 million federal workers who have either been working without pay or been put on forced during the shutdown.
Another factor impacting air travel is that most of the Transportation Security Agency (TSA) 64,000 agents are also not being paid while the shutdown is in place.
During the previous government shutdown, under US President Donald Trump in 2018, it was found that up to 10% of TSA staff chose to stay at home rather than work for free.
Business
Bonus, Dividend & Split: Power Grid, Godfrey, Garden Reach Among 40 Shares In Focus This Week
Last Updated:
Over 40 companies, including Bayer CropScience, Nuvama Wealth Management, and Power Grid Corporation, will see dividends, bonus issues, or stock splits.
Power Grid Corporation, Astral Ltd, Garden Reach Shipbuilders among 40 shares to trade ex-date this week.
Bonus, Dividend & Stock Split: Shares of several listed companies will remain in focus among investors this week for various corporate actions, including dividend, bonus and stock split. Between November 10 and November 15, 2025, more than 40 firms will trade ex-dividend and ex-date for bonus or stock split.
Among the big names, Bayer CropScience will distribute an interim dividend of Rs 90 per share, the highest in this round. Nuvama Wealth Management follows with Rs 70 per share, while Ajanta Pharma, Godfrey Phillips India, and Great Eastern Shipping will reward shareholders with Rs 28, Rs 17, and Rs 7.2 per share respectively.
Blue-chip firms like Power Grid Corporation, Astral Ltd, Garden Reach Shipbuilders, and Chambal Fertilisers have also declared interim dividends in the range of Rs 4.5–5.75 per share.
Other notable payers include Sasken Technologies (Rs 12), Garware Technical Fibres (Rs 8), Kaveri Seed Company (Rs 5), and D-Link India (Rs 6).
Infrastructure investment trusts (InvITs) such as PowerGrid InvIT, Indus Infra Trust, and Anzen India Energy Yield Plus Trust have also announced income distributions during the period.
Bonus And Stock Split Rush
Investors can also look forward to corporate actions like bonus issues and stock splits this week. Sampre Nutritions Ltd have announced a stock split from Rs 10 to Rs 5 face value and a 1:1 bonus issue. SMC Global Securities has also declared a 1:1 bonus issue, while Websol Energy System goes for a stock split from Rs 10 to Rs 1.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
November 09, 2025, 09:09 IST
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