Month : October 2023
Metro Bank chair meets UK financial watchdogs as shares plummet
UK challenger bank in talks with investors over raising £600mn to shore up balance sheet...
U.S. jobless claims increase slightly to 207,000 for the week
Initial filings for unemployment benefits were expected to total 210,000 for the week ended Sept. 30, according to a Dow Jones consensus estimate....
Amazon and Microsoft’s cloud dominance referred for UK competition probe
Ofcom is concerned that so-called “hyperscalers” like Amazon Web Services and Microsoft Azure are limiting competition in the cloud computing market....
Alibaba accused of ‘possible espionage’ at European hub
Belgian security service says Chinese group’s logistics arm in Liège under scrutiny over use of sensitive data...
House speaker succession battle heats up: Jordan, Scalise and Trump in the mix
For the second time this year, the House speaker’s gavel is up for grabs, following Rep. Kevin McCarthy’s unprecedented removal from the post Tuesday....