Energy Trading Hit by Worldwide IT Outage

Energy trading in London and Singapore was affected on Friday morning by a massive worldwide outage, which also affected banks, airlines, airports, and media organizations. The news services platform of the London Stock Exchange, airlines, banks, and media organizations went down in the early hours of Friday, reportedly due to a failure in Microsoft 365 and Azure services. Microsoft said on Friday that its cloud services have been restored after suffering an outage. “A small subset of services is still experiencing residual impact,”…