ECB’s ‘two-tier’ system for banks is not working, Commerzbank CEO says
The “two-tier” system introduced by the European Central Bank is not working, according to Commerzbank CEO Martin Zielke.
World’s largest hedge fund is reportedly betting on a sell-off, but founder Ray Dalio denies it
The reported wager placed by Bridgewater Associates would pay off for the firm if either the S&P 500 or the Euro Stoxx 50 or both decline.
TSB payments delay to customers ‘resolved’
The bank says the problem was due to a “processing error” and those affected will not be left out of pocket.
Boris Johnson’s Conservative Party to charge foreigners extra to buy English property
The election promise is said to be an effort to reduce prices for first-time buyers and lower earners.
A disputed archipelago with a US military airbase is at the center of a decolonization argument
Britain has defied an order by the United Nations to return control of an overseas territory to the island nation of Mauritius.
Travel firm boss aims to keep it in the family
The owner of Hays Travel, which bought Thomas Cook’s stores, says he will not sell the enlarged business.
A lightweight car powered by hydrogen could change the way we think about driving
How big a role could hydrogen cars play in the future of mobility?
John McDonnell: IFS have ‘got it wrong this time’
The shadow chancellor was challenged after dismissing IFS comments about Labour’s tax plans.
Tesla claimed its pickup truck was ‘bulletproof’ — then smashed its windows with a metal ball
“Oh my f—— God,” Tesla CEO Elon Musk exclaimed when the glass cracked. “Well, maybe that was a little too hard.”
ECB chief Christine Lagarde speaks of a new order in the world economy at debut speech
European Central Bank President Christine Lagarde called for a new policy mix in Europe on Friday.