Wednesday January 26-th, 2022

British Banks Close UK Accounts of EU Expats as Brexit Nears British Banks Close UK Accounts of EU Expats as Brexit Nears

Stemming from unproductive Brexit negotiations, which have not yet managed to define the UK-EU relationship in 2021 and beyond, the root cause for banks" action is an end to "passporting' - the mutual trade of financial services between the two entit...

Everything You Need To Know About The Queensland Border Opening Everything You Need To Know About The Queensland Border Opening

There are 77 patients being treated for COVID-19 with three in intensive care and one on ventilation. She said residents from some neighbouring areas, including the NSW tourist spot of Byron, would be allowed to travel to Queensland in coming days....

Angel Broking’s Rs 600-cr IPO subscribed 49% on Day 1 Angel Broking’s Rs 600-cr IPO subscribed 49% on Day 1

The public offer will close on September 24. The shares are proposed to be listed on both BSE and NSE. Intensive Fiscal Services and Ambit Capital are the managers to the offer. Hence, investors can Subscribe to the IPO. We believe ABL to keep po...

'Path forward depends on policy actions,' Powell says, before days of testimony 'Path forward depends on policy actions,' Powell says, before days of testimony

Powell has repeatedly called for more support for the economy, but despite weeks of talks, there have been few signs of progress in negotiations between US Democrats and Republicans in Washington. "Main Street loans may not be the right solution for ...

Airbus reveals zero-emission concept aircraft Airbus reveals zero-emission concept aircraft

The three concepts could lead to the production of the world's first zero-emission aircraft. A blended wing body plane (the wings merge with the main body of the aircraft) would carry up to 200 passengers and have a range of over 2,000 nautical m...

Streaming service Quibi explores strategic options, including sale Streaming service Quibi explores strategic options, including sale

Daily essentials, brief news updates that recur daily, have been less popular, Katzenberg told the New York Times earlier this year. Other options include raising more funds or "going public through a merger with a special objective acquisition com...

EU seeks new powers to penalise tech giants: FT EU seeks new powers to penalise tech giants: FT

The EU is looking to give itself sweeping new powers to crack down on U.S. tech giants , EU commissioner Thierry Breton told the FT in an interview Sunday. territory. The EU launched earlier this year a public consultation on a new Digital Service...

Rail franchising ended by Department of Transport Rail franchising ended by Department of Transport

The Department for Transport (DfT ) now says franchising arrangements will be replaced by "a simpler, effective model through high performance targets and simplified journeys". Mr Shapps added he could not have a situation when the railways were not...

FinCEN Files: What are Suspicious Activity Reports? FinCEN Files: What are Suspicious Activity Reports?

JPMorgan, Bank of New York Mellon and other banks appear to have helped move more than $150 million for companies tied to the North Korean regime, according to a companion report by NBC News. Greg Baer, president of the Bank Policy Institute, a Was...

Airbus unveils three hydrogen-powered aircraft concepts Airbus unveils three hydrogen-powered aircraft concepts

All three planes would be powered by modified gas-turbine engines that burn liquid hydrogen as fuel , and through hydrogen fuel cells to create electrical power. The wide fuselage of the concept aircraft opens up multiple options for hydrogen sto...

S&P 500 loses 2.5%, Dow losses reach 900 amid global tumble S&P 500 loses 2.5%, Dow losses reach 900 amid global tumble

Federal Reserve Chair Jerome Powell will testify before Congress from Tuesday to Thursday to discuss pandemic relief efforts as investors are watch central bankers and policymakers to find clues on additional fiscal stimulus. Shares of companies hit ...

HSBC, StanChart's shares plunge on reports of illicit fund movement HSBC, StanChart's shares plunge on reports of illicit fund movement

The reports by BuzzFeed and other media were based on leaked suspicious activity reports (SARs) filed by banks and other financial firms with the U.S. Shares in major banks dived after Buzzfeed News and the International Consortium of Investigative...

Wall Street hits near 7-week low on Coronavirus fears, stimulus fog Wall Street hits near 7-week low on Coronavirus fears, stimulus fog

Talks surrounding a second USA stimulus bill were in focus before the open on Monday as the passing of Supreme Court Justice Ruth Bader Ginsburg , and the nomination process for her successor ahead of the election, was seen as potentially throwing a ...

European Union weighs Lukashenko sanctions, meets his Belarus opponent European Union weighs Lukashenko sanctions, meets his Belarus opponent

In Belarus , more than 100,000 people marched through the capital of Minsk on Sunday during the sixth straight weekend of protests against President Alexander Lukashenko . The government has denied abusing detainees. The loyalty of the security...

FinCEN files: nearly all Indian banks named for suspicious transactions FinCEN files: nearly all Indian banks named for suspicious transactions

HSBC shares in Hong Kong fell as much as 4.4% to HK$29.60, their lowest level since May 1995. MASSIVE SUMS OF allegedly dirty money have flowed for years through some of the world's largest banking institutions, said an worldwide journalism investi...

Fearing supply shortfall, European Union wants to buy more COVID vaccines Fearing supply shortfall, European Union wants to buy more COVID vaccines

The whole process of clinical trials (Phase-I and Phase III) will take approximately six months, after which the country will be able to manufacture the vaccine if the results are positive, he said. "All of them are feeling good", Sobyanin said. Dr...

Shares in Italy's CNH down 6.2% after Nikola founder steps down Shares in Italy's CNH down 6.2% after Nikola founder steps down

Shares in the company based in Phoenix, Arizona, were off 30% in premarket trading. Milton's resignation comes less than two weeks after a short seller attack by Hindenberg Research that cast doubt on claims by Nikola about its hydrogen powered tr...

30-year-old man charged after Manhattan subway derailment 30-year-old man charged after Manhattan subway derailment

The derailment shut down power and disrupted service on the Eighth Avenue line. The brazen act caused one of New York City's most catastrophic train derailments in years. On noticing this, Good Samaritans held him at the station until cops took him i...

HSBC shares plunge to lowest since 1995, StanChart falls after 'FinCEN' leak HSBC shares plunge to lowest since 1995, StanChart falls after 'FinCEN' leak

The investigation, which was led by 108 worldwide media outlets from 88 different countries, including the Irish Times and BBC Panorama, is based on thousands of suspicious activity reports (SARs) submitted by banks from around the world to the US Tr...

No new 2p or £2 coins to be made for 10 years No new 2p or £2 coins to be made for 10 years

Possible explanations include holdings overseas, unreported domestic savings, or cash held for use in the "shadow economy". The NAO said a "fragmented" approach is being taken by the bodies involved in the UK's cash system. Gareth Davies, the head ...

Tesla wins case against former employee accused of hacking, transferring data Tesla wins case against former employee accused of hacking, transferring data

The court said there were "compelling reasons" for this and the motion was unopposed. Tripp had worked as a process technician at Tesla's Gigafactory near Reno. Tripp reportedly also got into very public fights with CEO Elon Musk , including a s...

P&O cancels cruises until early 2021 P&O cancels cruises until early 2021

The sale is in line with the company's "ongoing ship enhancement program". As well as cancelling trips, Carnival Cruise Line plans to sell the Carnival Fascination and the Carnival Imagination. It's now in place until September 30 or until the pu...

India will finally get its first ever Apple online store next week India will finally get its first ever Apple online store next week

The customers will get the complete range of products from Apple through its online store. As COVID-19 presents vast challenges and uncertainties for communities across the country, Apple's teams are supporting local organizations to provide re...

Walmart raising hourly wages for almost 165,000 employees Walmart raising hourly wages for almost 165,000 employees

Employees in hourly team lead roles can expect to see their new minimum wage start at between $18 to $21 an hour-but that wage can go all the way up to $30 per hour if they're in a team lead role at a Supercenter store. "We are re-investing in severa...

Two million people in North East England hit with new coronavirus restrictions Two million people in North East England hit with new coronavirus restrictions

A further 21 deaths have been reported in the last 24 hours - taking the total to 41,705. New laws prohibiting social gatherings of more than six people came into effect on Monday as the government called on the public to remain vigilant during the...

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