Glasgow city centre has shown real grit in the weeks since a major fire tore through a historic building on Union Street. Footfall has returned to normal levels and even...
Category: Business
JPMorgan Chief Says AI Will Change Banking Faster Than Internet Growth
Artificial intelligence is on track to upend global banking at a pace no one in finance has ever seen. Jamie Dimon, CEO of JPMorgan Chase, warned this week that AI...
Central Banks Flag Geopolitics as Top Risk in Major Survey
Central banks around the world now see geopolitical tensions as their biggest worry. A new survey of institutions managing more than 9.5 trillion dollars in reserves shows nearly 70 percent...
GXO Logistics Launches UK Tech Accelerator to Revolutionize Supply Chains
GXO Logistics has launched a major new tech accelerator programme across the UK and Ireland. The initiative aims to discover and test cutting edge solutions that can make supply chains...
Rs 13 Billion Fraud Rocks NDB Bank as CBSL Reassures Public
Sri Lanka’s banking sector faced its biggest shock in years after National Development Bank uncovered an internal fraud worth Rs 13.2 billion. The Central Bank stepped in fast to calm...
China Banks Turn Creative as Mortgage Crisis Deepens
China’s property crisis is entering a new phase, and banks are now at the center of the storm. Falling home prices have pushed millions of mortgages underwater, leaving both lenders...
Aditya Shah Bets on SBI and HDFC Amid Banking Volatility
India’s banks are holding firm as markets swing with global tensions. Expert Aditya Shah of Hercules Advisors points to public sector banks and HDFC Bank as smart choices right now....
Egypt Banking Sector NFA Falls to $27.4 Billion in February
Egypt’s banking sector net foreign assets dropped to $27.4 billion in February. The Central Bank of Egypt reported a 7.1 percent decline from January’s figure. This shift highlights short term...
North Tyneside Council Refunds Over 40 Million In Business Rates
North Tyneside Council has handed back more than 40 million pounds in business rates refunds over the past decade. Figures reveal thousands of individual payments made to local firms as...
Car Crashes Into Oakland Park Rug Business in Dramatic Early Morning Impact
A dramatic crash in Oakland Park, Florida, early Sunday shook a local carpet cleaning and repair business and left its future uncertain. Surveillance footage from multiple angles captures the moment...