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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Major Banks Unite to Develop Dollar Stablecoin for 2027 Launch

A coalition of 21 financial institutions, including Goldman Sachs,...

China Deploys Traffic Robots to Handle Routine Police Duties

China is testing humanoid robots for traffic-control work, assigning...

Pentagon Push for Faster AI Development Drives Smack Technologies’ $61 Million Funding Round

Smack Technologies, a defense technology startup developing artificial intelligence...

General Atlantic’s IPO Plans Revived With JPMorgan as Lead Bank

Investment firm General Atlantic is moving ahead with plans...

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