Tag: Finance
Britain’s financial watchdog vigilant ahead of COVID
The Financial Conduct Authority said that regulators will monitor how Britain’s furlough scheme ends for signs of distress among consumers. It also said it...
Private meeting inflation target met by 2025
In a private meeting, European Central Bank (ECB) chief economist Philip Lane revealed that with German economists, the ECB expects to hit its 2% inflation goal...
Sterling bouncing back
Sterling rebounded by snapping three straight days of losses. It was on course to regain the ground lost since the announcement of a UK...
Trade finance firms advised by UK regulators
Britain’s financial regulators said that trade finance firms must do more to identify potentially suspicious activities. This can be done by undertaking additional risk...
More progress is being seeked by G7
Finance ministers from the Group of Seven rich nations said that they had to make more headway on the small print of a reform...
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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...


