Tag: Pandemic

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Boom for banks as FX corporate needs are boosted

A boom in corporate dealmaking, surging input costs and a focus on short-term cash flows in the pandemic. This have sent companies rushing to...

Premium Cars drive Volkswagen profit above pre-pandemic levels

Volkswagen’s first-half operating profit is expected to reach around 11 billion euros ($13 billion). This tops the pre-pandemic levels on strong demand in Europe and...

Bank of England scraps curbs on bank dividends as pandemic crisis fades

The Bank of England scrapped its remaining pandemic curbs on dividends paid by HSBC, Barclays and other top lenders with immediate effect. This is by saying...

ECB to come down on banks surfing market boom

The ECB’s top supervisor Andrea Enria said that the European Central Bank plans to come down on banks that are taking too much risk via financial instruments...

With European recovery in sight, property investors bank on the office

Property investors are betting that demand for office space in Europe will rise as COVID vaccinations are rolled out and people return to work....

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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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