Banking Goldman Sachs’ bad loans are a result of Elon Musk refusing to pay rent admin Jun 12, 2023 Goldman Sachs has been hit by an increase in commercial real estate loans that are past due in the first quarter.…
Banking UBS sets ‘red lines’ for Credit Suisse staff after takeover completion admin Jun 12, 2023 UBS will impose strict restrictions on Credit Suisse's bankers, including a prohibition on new clients coming from…
Crypto currency Before new regulations kick in, UK crypto ownership doubles admin Jun 9, 2023 FCA announces that it will begin its crackdown on the 'Wild West" of finance sector on October 8, 2018. Crypto…
Business Investors left with a sour taste after losing money on meat substitutes admin Jun 9, 2023 Walter Robb, the former co-chief executive of Whole Foods in February 2021 described the gradual shift by consumers…
Economy The traders are betting on higher US interest rate admin Jun 9, 2023 After unexpected rate increases in Canada and Australia, and strong US job data, the hopes of rate reductions later…
Oil and Gas Brazil divided on oil drilling proposal in the Amazon Delta admin Jun 9, 2023 The proposal to drill oil off the mouth the Amazon River has revealed a rift within the cabinet of Brazilian…
Business FirstGroup shares rise on the back of a strong bus and rail results admin Jun 9, 2023 FirstGroup shares, the Aberdeen-based bus and train company, rose more than 17 percent on Thursday, after the…
Artificial intelligence AI revives software stocks admin Jun 9, 2023 There's no way to know which companies will use the technology best or how they'll get their customers to pay.…
Economy Saudi Arabia’s loss of control over oil prices admin Jun 9, 2023 It was a time when Saudi Arabia could control the future or at least, the future of world economics. The…
Artificial intelligence Sunak gets a boost as British AI chief praises Britain admin Jun 9, 2023 In a major boost for Rishi Sunak, US data giant Palantir said that Britain was a better place than the EU to…
Artificial intelligence AI could be the end of investors’ love affair with AI admin Jun 9, 2023 We know that we should be focusing on the future, but we are often fixated on the present. Earnings for the…
Banking HSBC cancels all new mortgages after a flood of demand admin Jun 9, 2023 Banks withdraw mortgages amid rush to lock in deals at rising rates HSBC pulled all its mortgages…
Economy Eurozone dips into recession admin Jun 9, 2023 At the beginning of this year, the eurozone economy entered a recession as the decline in German and other large…
Oil and Gas UK to introduce floor on oil and gas windfall taxes admin Jun 9, 2023 In an effort to increase North Sea investment, the levy will only be applied if prices exceed a certain threshold.…
Banking Barclays is reportedly looking for buyers of Italy loans worth €5 billion. admin Jun 8, 2023 Barclays Plc wants to sell around €5 billion ($5.3billion) in Italian mortgage loans to exit retail banking.…
Banking Investec Takes Majority of Capitalmind M&A Boutique admin Jun 8, 2023 Investec bank plc bought a majority share in European adviser Capitalmind Group. This is the latest deal in a…
Economy OECD Signals that UK Government is unlikely to be able to achieve tax cuts admin Jun 8, 2023 Organisation for Economic Cooperation and Development warned the UK Government that it had "little fiscal room" for…
Trading Trafigura traders share $3 billion payout on record profit admin Jun 8, 2023 Trafigura group has paid out $3 billion in bonuses to its top executives and traders as it achieved a…