Posted at 16:42h
In common with millions of other
Lebanese living abroad, London restaurateur Moufid Shamms is
unable to send cash back to support his family - in his case
daughters studying at school.
Posted at 16:36h
Bitcoin's price dropped on
Wednesday to its lowest level against the dollar since the
middle of May after Facebook Chief Executive Officer Mark
Zuckerbeg, in testimony before Congress, expressed doubts about
whether the company's cryptocurrency project Libra was going to
Posted at 16:33h
* Bank reports Q3 loss of 2.2 mln stg and deposit outflows
(Recasts, adds Q3 loss, CEO quote)
Posted at 16:25h
* Shares in Kone, Thyssenkrupp both close up 1.4%
(Recasts, adds Thyssenkrupp shareholder comment)
Posted at 16:16h
Metro Bank swung to a loss for
the third quarter as the troubled lender scrambled to save face
after customers began to withdraw billions of pounds following
an accounting scandal earlier this year.
Posted at 16:15h
Chipmaker Intel Corp has filed
an antitrust lawsuit against a SoftBank Group Corp-owned
investment company alleging the firm stockpiled patents
to hold up technology companies with numerous lawsuits.
Posted at 16:07h
Mel Stride, a former junior
finance minister who lost his job in government when Boris
Johnson became prime minister, has won an election to chair the
British parliament committee which supervises the Bank of
England and finance ministry.
Posted at 16:04h
The office of Ukrainian President
Volodymyr Zelenskiy said on Wednesday there was no reason to
hand PrivatBank to its former shareholders, no matter what the
outcome of court decisions might be.
Posted at 16:00h
Anthem Inc on Wednesday signaled
earnings for 2020 could be better than feared, allaying some
concerns that rising medical costs are eating into profits and
sending shares of the No. 2 health insurer up 4%.
Posted at 15:55h
The Vatican's financial
regulator on Wednesday rejected a prosecutor's accusations that
it acted improperly over the purchase of a luxury building in
London, raising the stakes in an awkward internal conflict for