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Goldman Sachs-backed digital bank Starling hit with FCA fine
The Starling Bank banking app on a smartphone.Adrian Dennis | AFP via Getty ImagesU.K. financial regulators hit British digital lender Starling Bank with a £29 million ($38.5 million) fine over failings related to its financial crime…
Yale’s Stephen Roach warns of global volatility, ‘whipsawed’ markets
01 October 2024, Israel, Tel Aviv: Missiles launched from Iran are seen in the sky over Tel Aviv.Ilia Yefimovich/dpa | Picture Alliance | Getty ImagesMarkets are in danger of being "whipsawed" by the combination of regional conflict in…
Facebook owner Meta to share data with UK banks to counter scams
Jakub Porzycki | Nurphoto | Getty ImagesFacebook parent company Meta on Wednesday said that it's working with two leading banks in the U.K. on an information-sharing arrangement to help protect consumers from fraud.Meta said it was…
China says it filed an appeal to WTO over Canada’s tariffs on EVs and
Aerial view of new energy vehicles at Huaian BYD Industrial Co., Ltd. on August 26, 2024 in Huaian, Jiangsu Province of China. Zhao Qirui | VCG | Visual China Group | Getty ImagesChina on Wednesday announced that it has filed an appeal…
China property stocks surge to highest levels in a year as stimulus rally
SHENZHEN, CHINA - MARCH 09: View of high commercial and residential buildings on March 9, 2016 in Shenzhen, China. General economic slowdown continues in China while the property price and stock bubble faces risk. (Photo by Zhong…
Ireland reveals how it plans to spend its $14 billion Apple windfall
Pedestrians on Anne Street South in Dublin, Ireland, on Thursday, March 28, 2024.Bloomberg | Bloomberg | Getty ImagesIreland's government on Tuesday outlined how it intends to spend 13 billion euros ($14.4 billion) in Apple back taxes —…
Young Chinese are ‘retiring’ in the countryside as China’s unemployment
A girl hugging a young cattle at a breeding farm in Chongqing, China.Vcg | Visual China Group | Getty ImagesFed up with China's employment situation, young people on the mainland are retreating to the countryside.China's Gen Z and…
Oil watchers now see a real threat of supply disruptions after latest
A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023.Fatemeh Bahrami | Anadolu…
Bitcoin tumbles to $60,000 level as Middle East tensions heighten
Jonathan Raa | Nurphoto | Getty ImagesCryptocurrencies slid on Tuesday night, with bitcoin dropping back to the $60,000 level after a shaky start to what is usually one of its strongest months.The flagship crypto was last off by nearly…
WTI rises on Iran attack against Israel
U.S. crude oil prices rose more than 2% on Tuesday, coming off session highs as traders assessed whether a missile attack by Iran against Israel would lead to further escalation in Middle East."There has been a lot of complacency about…