Harrods is seeking to recover the cost of the compensation paid to hundreds of women allegedly sexually abused by Mohamed Al Fayed from his estate, the Guardian understands.
From 2017 onwards, Rehan Ahmed styled himself as a savvy business owner. But behind the facade of a successful entrepreneur lurked one stark fact: his empire was built on fakery.
Disclosure comes after OpenAI and Anthropic hacks amid fears that tech firms unable to control powerful AI models
Donald Trump on Friday signed legislation enabling sweeping sanctions on Russia aimed at pressing it into ending its war with Ukraine, and also giving him the power to impose additional tariffs on countries breaking the…
One of Britain's richest people, Sir Jim Ratcliffe, says he has lost confidence in the UK, describing the country as "on the slide".
OCBC’s Christopher Wong highlights that Singapore’s August NODX surged 46.2% year-on-year, far above consensus, with electronics exports jumping on AI-related demand and broad-based strength across markets. OCBC Economi…
The New Zealand Dollar (NZD) turns negative on Friday, down 0.11% against the US Dollar (USD), in a week that saw the Federal Reserve's (Fed) first rate hike in three years, which underpinned the Greenback against most …
The Aussie Dollar is poised to end the week on a positive note versus the US Dollar, up 0.21% as improved risk appetite keeps AUD/USD trading near 0.7124, closing near Friday's highs.
Commerzbank’s Charlie Lay and Henry Hao report that Taiwan’s CBC kept its policy rate at 2.0% for a tenth straight meeting, signalling a patient stance. The bank slightly raised its 2026 inflation and GDP forecasts, see…
We’re excited to introduce Family Infographics, an innovative new feature that can transform your photos and family tree data into a stunning poster-style work of art illustrating the life of anyone from your tree.
Chang Wei Liang at DBS Group Research highlights that USD/CNH is easing toward 6.70 despite a stronger Dollar, with the Renminbi (RMB) supported by a lower USD/CNY fixing below 6.76. He links this to possible goodwill f…
Gold (XAU/USD) price extends its gains on Friday, edging up 0.89% as Oil prices eased despite renewed concerns of supply shortages and despite a week that featured a rate hike by the Federal Reserve (Fed), which pushed …
You expect traffic jams on Chicago streets. You probably do not expect one on the sidewalk caused by a bunch of food delivery robots. That is exactly what runner Becca Ostien encountered near Lincoln Park. At least a do…
Silver (XAG/USD) trades on the front foot on Friday as the US Dollar reverses its intraday gains, with traders booking profits following the Greenback’s strong weekly advance. At the time of writing, XAG/USD trades arou…
The Dow Jones Industrial Average trades near 51,500, back at the level where Wednesday's selling stopped, which means Thursday's rebound is gone. The selling ran one way down from the session high, and every level that …
A software defect in part of the UK’s air traffic control system corrupted flight data “in the space of a millisecond”, leading to a six-hour outage and mass airline cancellations and delays across the UK last week, Nat…
Investment banking giant JP Morgan has said it is struggling to predict how oil prices will be impacted by the US-Iran war, telling investors in a rare note that "we simply don't know how to model the endgame".
USD/JPY advances sharply on Friday, trading around 156.95 at the time of writing, up 0.63% on the day. The pair has pulled back after reaching a daily high of 158.06 earlier in the day. The Japanese Yen (JPY) weakens si…
Ryanair chief executive Michael O'Leary has said he is "truly sorry" for describing rival airlines as "high-fare rapists".
The ideas that Neets (young people not in education, employment or training) simply aren’t trying hard enough to find a job, or don’t want one, are “myths,” Alan Milburn wrote in his interim report on the subject earlie…
The Federal Reserve Board on Friday announced the execution of the enforcement actions listed below:
On Friday, Kansas City Federal Reserve (Fed) President Jeffrey Schmid said he supported the rate hike, as “recent data suggest inflation trending above 3%.” Schmid added that tightening policy is a step toward achieving…
The Federal Reserve Board on Friday announced the termination of the enforcement action listed below:
An air traffic control failure that sparked widespread travel chaos earlier this month was caused by a "software defect" affecting the system underpinning UK air space management, the national air traffic service Nats h…