UK regulator cracks down on misleading lifetime mortgage promotions
After a review revealed widespread problems with the way these products were sold, the UK's top financial…
Yearly Archives
2023
Lazard’s new chief executive tells employees that share prices and revenues…
Peter Orszag, the former adviser to the Obama Administration on economic matters, has set the goal of doubling…
European powers should maintain sanctions to deter Iran’s nuclear ambitions
In response to growing concerns about Tehran's nuclear program, Britain, Germany, and France announced that they…
MGM hacking was a failed attempt to rig slots, the ‘Scattered Spider…
In a trick reminiscent of a heist movie, the hackers who allegedly breached the security at MGM's casinos this…
China criticises EU’s alleged ‘naked protectionism’ against…
Beijing has attacked the EU's anti-subsidies investigation into China's electric car industry as a "naked…
Nasa turns to data-driven approach for the search of UFOs
Nasa will likely ask companies, citizen scientists and air traffic controllers to keep track of UFO sightings in…
Sunak and Hunt look for more cost-cutting measures as they explore the HS2 route…
The British government refused to commit on Thursday to the construction of the northern section between Birmingham…
ECB increases interest rates to an all-time high
The European Central Bank has raised interest rates to an all-time high in a bid to cool consumer prices, but the…
Arm shares soar by 25% in the first trading day
The Nasdaq-listed shares of chip designer Arm rose by a quarter on its first trading day, Thursday. This valued the…
Tata Steel to receive a £500mn subsidy from UK government
The UK government will announce a subsidy of more than £500mn to ensure the future of Britain’s largest steelworks…
Byju’s claims to have sent $500mn in funds registered at pancake house
Creditors of what was India's once most valuable start up have claimed that the Indian education technology firm…
US inflation increases in August due to higher petrol prices
The Federal Reserve is struggling to control prices as rising energy costs have pushed US inflation to levels above…
Meloni sticks to Italian bank windfall taxes despite ECB criticism
The European Central Bank (ECB) has attacked Italy's windfall taxes on banks. It warned that the tax could make the…
Four people are charged with collapse of Patisserie Valerie chain
In October, four people will be in court after being charged by the UK Serious Fraud Office in relation to the…
Deloitte UK warns staff of 800 job cuts
Deloitte will cut hundreds of jobs across the UK due to a slowing in demand for advisory services from clients in…
Jane Fraser gains more control over Citigroup, in the biggest shake-up for almost…
Citigroup announced its largest reorganisation since almost two decades. The company gave more control to its chief…
Study finds that hybrid working increases the number of women in UK who are…
According to research based upon official UK data, professional women are more likely than ever to work full time…
Rishi Sunak is defeated by the House of Lords for rules on river pollution
The UK government's plans to relax rules on water pollution to allow more housing construction were defeated by the…