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Miniatures of people with computers are seen in front of North Korea flag in this illustration taken July 19, 2023. REUTERS/Dado Ruvic/IllustrationWASHINGTON, July 20 (Reuters) - A North Korean government-backed hacking group penetrated an American IT management company and used it as a springboard to target cryptocurrency companies, the firm and cybersecurity experts said on Thursday.The hackers broke into Louisville, Colorado-based JumpCloud in late June and used their access to the company’s systems to target "fewer than 5" of its clients, it said in a blog post.JumpCloud did not identify...

BRUSSELS, July 20 (Reuters) - The European Union's foreign policy chief on Thursday proposed a 20 billion euro ($22.4 billion) fund to pay for weapons, ammunition and military aid for Ukraine over four years, but the plan will need more scrutiny from EU governments before any decision is made.High Representative Josep Borrell presented the proposal to EU foreign ministers meeting in Brussels as part of an effort to put European support for Kyiv on a longer-term footing after more than a year of scrambling to respond to Russia's invasion.The proposal...

LONDON, July 17 (Reuters) - Portfolio investors surged back into petroleum as Saudi Arabia’s unilateral production cut removed much of the previous downside risk to oil prices from slowing economies in China and Europe.Hedge funds and other money managers purchased the equivalent of 115 million barrels in the six most important petroleum futures and options contracts over the seven days ending on July 11.The increase was among the largest recorded over the last ten years (the 14th largest out of 539 weeks since 2013) and points to a significant adjustment...