California case could deal blow to high-interest online lenders
By Jody Godoy A California judge is poised to decide if an online lender offering small loans at
2023-08-31 18:27
Report says close associates of India's Adani Group secretly purchased large numbers of shares
Two people closely linked to India’s Adani Group, one of the country’s largest conglomerates, secretly purchased of millions of dollars of stocks in the group’s companies, possibly violating Indian law, according to a report by a network of investigative journalists
2023-08-31 18:24
Student loan interest resumes Friday and payments restart in October. Here's what borrowers should know
For the first time in more than three years, federal student loan borrowers will be required to pay their monthly student loan bills starting in October. The pandemic-related pause, which went into effect in March 2020, provided relief to nearly 44 million borrowers by freezing their accounts.
2023-08-31 18:16
Exclusive-Chinese exporters using currency swaps to retain dollars as yuan sags
SHANGHAI/SINGAPORE Chinese exporters are using a complicated currency swap strategy to avoid converting their dollar earnings into yuan
2023-08-31 17:28
Europe's inflation held steady in August as European Central Bank keeps an open mind on rates
Inflation paused its decline in Europe in August
2023-08-31 17:25
Stock market today: Global shares trade higher ahead of US updates on inflation and hiring
Global stock markets are mostly higher ahead of updates on United States inflation and hiring that traders hope will persuade the Federal Reserve no more interest hikes are needed
2023-08-31 17:23
UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
2023-08-31 17:16
Klarna Shrinks Losses With Sales Growth and Cost-Cutting
Klarna Bank AB’s losses narrowed in the first half of the year as its growing customer base continued
2023-08-31 16:53
Irish fuel duty and hospitality taxes to increase
The increases, which come into effect from midnight, follow a number of temporary reductions.
2023-08-31 16:51
Traders Are Bailing on the Euro as Talk of Stagflation Heats Up
Traders are abandoning the euro at pace as speculation grows the European Central Bank will struggle to tighten
2023-08-31 16:46
Japan's Sogo & Seibu department stores are being sold to a US fund as 900 workers go on strike
Japanese retailer Seven & i Holdings Co. is selling department store chain Sogo & Seibu Co. to a U.S. investment fund, as the labor union went on strike ahead of the announcement
2023-08-31 16:27
Seven & I Seals Deal to Sell Department Stores for $1.5 Billion
Seven & i Holdings Co. has finalized the sale of its Sogo & Seibu Co. department store chain
2023-08-31 15:53