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Ethnicity next step in UK financial sector diversity

Britain’s financial watchdog will publish requirements within a year for boosting ethnic diversity. This is among employees in finance, and by using targets and...

Temasek buys Bridgepoint’s Element materials

The London-listed private equity firm, Singaporean state-owned investor Temasek has acquired Element Materials Technology Group from Bridgepoint. The terms of the deal were not...

UniCredit unlikely to pursue deal for Russia’s Otkritie

UniCredit is unlikely to pursue a deal for Moscow-based lender Otkritie Bank. This was heard after Russian daily Kommersant reported that Italy’s second-biggest bank had lost interest....

European shares tumble in global selloff

European stocks slumped to mark a third week of losses. This is as jitters over monetary policy tightening by central banks this year. Weak economic...

No Evergrande fallout in Britain

Bank of England Governor Andrew Bailey said that resolving Chinese property developer Evergrande Group’s struggle with $300 billion in liabilities has been fairly protracted. But...

Breaking

Crypto and Banks Intensify Senate Lobbying Ahead of Key Clarity Act Vote

The battle over major cryptocurrency legislation in the United...

Hefei’s Rapid Industrial Growth Highlights China’s Economic Imbalance

Hefei has emerged as one of China’s leading centres...

Qualcomm and Amazon Forge Major AI Chip Partnership, Including $4 Billion Stock Warrant

Qualcomm has entered into a long-term partnership with Amazon...

RBI Withdraws Over ₹6 Trillion as Banking Liquidity Hits Record High

The Reserve Bank of India (RBI) absorbed more than...
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