When Russia invaded Ukraine in 2022, oil prices soared to $120 a barrel over supply fears as western nations imposed sanctions on Russia, one of
Category: Business & Finance
‘Serious deficiencies’ in Bank’s economy forecasts
Dr Bernanke’s review recommends the Bank must thoroughly update its whole framework for forecasting the economy, overhauling or scrapping its existing software, known as Compass
Firms warned to hold cash back for motor finance probe
Barclays, meanwhile, is challenging a ruling that it unfairly paid commission to a car finance broker. When the FCA first announced its probe in January,
The $2bn dirty-money case that rocked Singapore
Singapore, which is often referred to as the Switzerland of Asia, started wooing banks and wealth managers in the 1990s. Economic reforms in China and
Even in peaceful countries be ready for a siren blast
These days, sirens tend to make the news as false alarms, or when tests of siren systems are reported locally. Most of the time, thankfully,
Regulator fears big tech firms’ power in AI market
This could profoundly impact fair competition “ultimately harming businesses and consumers, for example through reduced choice, lower quality, and higher prices, as well as stunting
How AI is helping to prevent future power cuts
“Since the storm we built over five gigawatts of battery storage capacity in Texas in three years, which is really an incredible pace,” says Dr
Passport price to rise for second time in 14 months
In the aftermath of the Covid pandemic hundreds of thousands of people were affected by passport processing delays, with many experiencing travel disruptions. Some 360,000
Over 7 million struggling with bills, survey finds
In response to the FCA’s findings, Conor D’Arcy, interim chief executive of the Money and Mental Health Policy Institute, said it was “encouraging” that the
Boeing hit after new whistleblower raises concerns
“He was threatened with termination, excluded from important meetings, projects, and communication, denied reasonable requests for medical leave, assigned work outside of his expertise, and