Tag: Banking

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Stanchart sets new interim goals

Standard Chartered set new targets for reducing its funding to carbon intensive sectors by 2030. This is as a part of the goal to...

Central bank moves among the top risks to global economy

Central banks reducing emergency stimulus too quickly. And then, the supply chain disruption is among the top risks to the world economy. This is according...

BoE chief economist says UK inflation could top 5%

The Bank of England’s new chief economist, Huw Pill, said that inflation in Britain could surpass a 5%. The Financial Times reported this news. Pill told...

Caixabank considers selling 9.92% stake in Erste group

Spain’s Caixabank said that it was considering selling its entire 9.92% stake in the Austrian lender Erste Group Bank. The stake has currented a market value...

48 branches of Lloyds Bank to close again

Lloyds Banking Group will close a further 48 branches across England and Wales. This is stated by the British lender. This is because it seeks...

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China’s AI Stock Boom Collapses as $480 Billion in Market Value Is Wiped Out

China’s artificial intelligence and semiconductor stocks have suffered a...

Trump Says US Crackdown Has Prevented Billions in Losses From Overseas Scams

US President Donald Trump said his administration has made...

Palantir Assures Europe NATO’s Military AI System Cannot Be Switched Off Amid US Technology Concerns

US software company Palantir Technologies has sought to ease...

Anthropic Reports $80.7 Billion First-Half Loss as AI Infrastructure Costs and IPO Scrutiny Intensify

Anthropic, the San Francisco-based artificial intelligence company behind the...

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