Author: Admin
Digital banks aren’t doing enough to tackle financial crime, UK regulator warns
Icons for the Monzo and Starling banking apps on a smartphone. Adrian Dennis | AFP via Getty Images Britain’s online-only challenger banks need to do more to prevent the abuse of their platforms by criminals, regulators have warned. The Financial Conduct Authority on Friday published the findings of a review into financial crime controls at […]
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Ukraine says thousands could be buried in Mariupol mass graves; mayor appeals for full evacuation. Follow our live updates
EU urges citizens to work from home, drive less to reduce Russian gas reliance The EU is calling on people to switch up their habits in order to use less energy, which it says will help to reduce reliance on Russian gas. The EU imports roughly 40% of its natural gas from Russia. The European […]
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SAP revenue growth beats estimates, flags hit from Russia exit
German business software group SAP reported on Friday a first-quarter revenue growth of 11%, beating estimates on a boost from its cloud business, but flagged a revenue hit of 300 million euros ($325.26 million) because of its exit from Russia. Earlier this week, the company said it plans to exit Russia completely in response to […]
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Two-speed euro zone economy as services shine, factories struggle
An employee wearing a protective face mask works at a factory of manufacturer Valeo, in Etaples near Le Touquet, France. Ludovic Marin | Pool via Reuters Euro zone business growth unexpectedly accelerated this month, with the bloc’s dominant services sector seeing a sharp increase in activity as consumers shrugged off soaring prices, a survey showed. […]
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South Korea and North Korea leaders sent ‘personal letters’ to each other this week
Korean leaders Kim Jong Un and Moon Jae-in exchanged personal letters this week, the North’s state news agency KCNA reported. This file photo shows the two leaders at the end of an inter-Korean summit in 2018. Pyeongyang Press Corps | Getty Images News | Getty Images North Korean leader Kim Jong Un responded to a […]
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Bernstein says UK stocks are looking cheap, and picks 6 names it says are set to rally
The bank asked its analysts to name their best ideas for U.K. stocks with “strong conviction on upside.” Source
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U.S. actor Kevin Costner’s travel app aims to tell people about America’s history
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Academy Award winner Kevin Costner’s U.S.-based travel app, HearHere, aims to tell stories on the people who first inhabited North America and the complete history of the United States, including the “most unflattering parts.” CNBC’s Monica Pitrelli reports. Source
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Industrial output in Shanghai dropped 7.5% in March, city official says
A worker works at a production line in Qingpu district of east China’s Shanghai 211027. Industrial output in the city dropped by 7.5% year-on-year after stringent lockdown measures halted production in some factories, the city’s official said on Friday. Ding Ting | Xinhua News Agency | Getty Images Industrial output in Shanghai, China’s financial hub, […]
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U.S. advisor Kurt Campbell visits Solomon Islands after nation signed security deal with China
Senior White House official Kurt Campbell will arrive in the Solomon Islands on Friday, as Western concerns rise over a security pact the Pacific island nation recently signed with China. Kazuhiro Nogi | AFP | Getty Images Senior White House official Kurt Campbell will arrive in the Solomon Islands on Friday, as Western concerns rise […]
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Japan says exiting Sakhalin energy projects would weaken Russia sanctions
A liquefied natural gas tanker berth in Japan, on Dec. 17, 2021. Should Japan ever exit the Sakhalin energy projects in Russia and their stakes were acquired by Russia or a third country, this would weaken the effectiveness of Western sanctions and benefit Russia, Japan’s industry minister said on Friday. Kiyoshi Ota | Bloomberg | […]
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