Citibank's London Branch Fined £4.7 Million for Sanctions Breaches
Business & Markets • 25 days ago
The UK watchdog determined that hundreds of transactions processed by Citibank's London arm violated Russian sanctions rules.
Business & Markets News
Motorpoint Sees Profit Outlook Boosted by Stronger-Than-Expected Trading
Business & Markets • 25 days ago
The car dealership attributes its improved financial forecast to investments in AI, data-driven pricing, and increased vehicle supply confidence.
Entain to Exit FTSE 100 Amidst Gambling Tax Hikes, EasyJet to Replace
Business & Markets • 25 days ago
The Ladbrokes owner faces relegation from London's premier stock index due to increased gambling taxes, while easyJet and Ithaca Energy are set to join.
Stocks Rally as Tech Gains Offset Early Weakness
Business & Markets • 25 days ago
Major U.S. stock indexes finished higher on Wednesday, buoyed by strong performance in technology companies and stable oil prices and bond yields.
Linqto Founder Accused of Defrauding Investors
Business & Markets • 25 days ago
Federal prosecutors allege William Sarris defrauded investors by improperly marking up the prices of pre-initial public offering shares.
Uber Exits Nigeria and Uganda Amidst Market Challenges
Business & Markets • 25 days ago
Ride-hailing giant cites operational difficulties in the two African nations, narrowing its continental footprint.
Ultra-Luxury Expedition Cruises Offer Elite Travelers Access to Earth's Most Remote Destinations
Business & Markets • 25 days ago
New superyachts and luxury ships cater to seasoned adventurers seeking unparalleled experiences in pristine, inaccessible locales.
Stocks Climb Amid Geopolitical Uncertainty and Corporate Legal Win
Business & Markets • 25 days ago
Major indices saw gains as markets absorbed Middle East tensions and a significant legal ruling for Alphabet.
Pabst Blue Ribbon Offers $20,000 Reward for Return of Stolen Beer
Business & Markets • 25 days ago
The brewing company seeks the recovery of 1,602 cases of Pabst Blue Ribbon and Old Milwaukee beer stolen in Southern California.