Wells Fargo’s (WFC.N) profit exceeded analysts’ expectations in the third quarter as it set aside less money than anticipated to cover potential loan losses. The bank also predicted that its interest income
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On Thursday, Britain launched a trade sanctions unit with new powers to penalize companies that fail to comply with restrictions on exporting services to Russia. Since Russia’s invasion of Ukraine in 2022,
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Britain’s finance industry on Friday urged the new Labour government to phase out additional taxes on banks, warning that lenders in London face a higher total tax burden than in rival cities
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Donald Trump’s campaign has stirred up a conversation with new merchandise that closely mirrors Taylor Swift’s Eras Tour designs. This comes shortly after Swift’s high-profile endorsement of Vice President Kamala Harris for
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The Bank of England (BoE) may adopt a more aggressive stance on cutting interest rates if inflation pressures continue to ease, but ongoing conflict in the Middle East could lead to higher
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Major stock markets in the Gulf experienced a decline in early trade on Wednesday, following Iran’s ballistic missile strike on Israel, which heightened fears of a wider regional conflict. Saudi Arabia’s benchmark
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Chinese stocks continued their impressive rally on Monday, with mainland markets on track for their best month in nearly a decade, following additional stimulus measures from Beijing aimed at counteracting a slowdown
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A significant increase in British public borrowing to enhance investment may not be without risks, a think tank has cautioned ahead of the new government’s first budget. Markets are closely monitoring the
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PayPal Holdings (PYPL.O) announced on Wednesday that it is enabling U.S. merchants to buy, hold, and sell cryptocurrency directly from their business accounts. Cryptocurrency has transitioned from a nascent asset class to
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Lawmakers from both major parties in the House of Representatives on Tuesday intensified their criticisms of the U.S. Securities and Exchange Commission (SEC) regarding its policies on cryptocurrencies. They accused the agency
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