Latest in ECB split over report showing big EU banks’ capital requirements lower than US rivals
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ECB split over report showing big EU banks’ capital requirements lower than US rivals
Officials say US rules would increase minimum capital levels by double-digit percentage for biggest EU banksWorld - Financial Times - 17 hours ago -
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European Central Bank policymakers split on the need for jumbo rate cuts as growth concerns take over
Policymakers at the European Central Bank are split on the need to consider a jumbo half-point interest rate cut in December.Business - CNBC - October 23 -
Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners
Experts say big tax bills could result from Rachel Reeves’ move in the BudgetBusiness - Financial Times - October 30 -
US central bank lowers interest rates by quarter point as new Trump term looms
Rates are now at 4.5% to 4.75%, after two reductions by the Federal Reserve starting in September. The US Federal Reserve lowered interest rates by a quarter point on Thursday, knocking them ...World - The Guardian - November 7 -
US presidential election updates: Polls show historic gender split between Trump and Harris voters
Kamala Harris has brushed aside suggestions her campaign is falling behind with male voters as Donald Trump appears in Nevada and Arizona. Don’t miss important US election news. Get our free app ...World - The Guardian - October 25 -
Majority of US voters say democracy is under threat but are split on who to blame, poll shows
Survey finds distrust between Democrats and Republicans but most voters believe election results will be accurate. US politics live – latest updates Nearly half of US voters think government ...World - The Guardian - October 28 -
ECB cut rates to avoid damage to economy, meeting minutes show
Hawkish policymakers agreed with move because of a strengthening ‘disinflationary trend’World - Financial Times - 4 days ago -
The show’s not over: 2024 sees big boost to AI investment
AI investment continues to show resiliency, driving deal volumes to 1,245 in Q3, 24, a level not seen since Q1, 22.Tech - VentureBeat - November 1 -
Shadow chancellor warns Reeves over EU ties after Bank chief says Brexit harming economy – UK politics live
Mel Stride said there must be no suggestion of the UK going back into the EU single market or customs union. In news that will disappoint those of you who enjoy a Liberal Democrat stunt, PA has ...World - The Guardian - 3 days ago -
EastEnders star says she had to use food bank after leaving show
Cheryl Fergison says she felt ashamed when she "didn’t have any money to do a weekly shop".Top stories - BBC News - Yesterday -
GDP Report Shows US Economy Grew at 2.8% Rate
In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.Business - The New York Times - October 30 -
HSBC splits bank between East and West in major overhaul
Pam Kaur is the first woman in the banking giant's 159-year history to become its chief financial officer.Top stories - BBC News - October 22 -
HSBC to split U.K. and Hong Kong banking arms into two separate units
HSBC’s overhaul will see the bank split into four separate units under the control of two distinct Eastern and Western markets divisions, new CEO Georges Elhedery saidBusiness - MarketWatch - October 22 -
Rival creditor group offers Thames Water emergency loan at lower rate
The UK’s largest water and sewerage provider is struggling with a £19bn debt loadBusiness - Financial Times - October 31 -
ADP jobs report shows 233,000 gain in private-sector hiring — much stronger than expected
U.S. businesses 233,000 new jobs in October to mark the biggest gain in 14 months, paycheck company ADP said, suggesting the labor market is somewhat stronger than previously believed.Business - MarketWatch - October 30 -
Boeing’s stock reverses lower after announcing a $19 billion capital raise
.Boeing’s stock knee-jerked higher after a larger-than-expected capital raise was announced, but then quickly resumed its decline.Business - MarketWatch - October 28 -
Proposed rule would require insurance companies to pay for over-the-counter contraception
A proposed rule by the Biden administration would require insurance companies to cover the cost of non-prescription birth control. The proposal comes as reproductive rights are a central issue in ...Top stories - NBC News - October 21 -
Advocacy group sues Tennessee over racial requirements for medical boards
A nonprofit dedicated to opposing diversity initiatives in medicine has filed a federal lawsuit challenging the requirements surrounding the racial makeup of key medical boards in TennesseeHealth - ABC News - 4 days ago -
FirstFT: Trump edges ahead of Harris in FT-Michigan Ross poll on economy
Also in today’s newsletter, Boeing machinists reject company pay offer and Tesla’s turnaroundWorld - Financial Times - October 24 -
Nigerian banks race to raise capital after order to bolster balance sheets
Central bank moves to promote stability in industry while country struggles with deteriorating economyBusiness - Financial Times - October 20 -
Why EU defence and security policy will stay in the hands of capitals
Also in this newsletter: wading into France’s budget messWorld - Financial Times - October 30 -
Washington Post loses more than 200,000 subscribers over endorsement outrage: Report
The Washington Post has lost more than 200,000 digital subscriptions since its decision not to endorse a candidate in this year's presidential election, according to a report by NPR citing two ...Politics - The Hill - October 28 -
Spain’s apocalyptic floods show undeniable truths: the climate crisis is getting worse and Big Oil is killing us | Jonathan Watts
The devastating flooding should spur this month’s Cop29 climate conference to press for immediate action, not look away. Move on. Nothing to see here. Just another ordinary, everyday apocalypse.. ...World - The Guardian - November 2 -
US presidential election updates: Poll shows Harris ahead in early voting as Trump jokes about reporters being shot
Kamala Harris holds marginal leads over Donald Trump in swing state polls with less than 48 hours before polls close in the 5 November election. Don’t miss important US election coverage. Get our ...World - The Guardian - November 4 -
UK must rebuild post-Brexit relations with EU, says Bank of England boss
Governor Andrew Bailey delivers his strongest comments yet on the UK's departure from the EU.Top stories - BBC News - 3 days ago -
European Google rivals partner on search engine infrastructure to counter Big Tech
Ecosia and Qwant are partnering to build a European search index and reduce their dependence on U.S. Big Tech firms.Business - CNBC - 6 days ago -
UK cabinet split over allowing a third runway at Heathrow
Several ministers, including Ed Miliband, are opposed to the airport’s expansionWorld - Financial Times - November 5 -
Here's why ETFs often have lower fees than mutual funds
Fees are one of the few things people can control relative to investing.Business - CNBC - November 8 -
Morning Report — Presidential rivals land final punches amid early voting
In today’s issue: Vice President Harris visited a Georgia Baptist megachurch Sunday and spoke about kindness. And voting. “Our strength is not based on who we beat down, as some would try to ...Politics - The Hill - October 21 -
EU Commission fines Teva $500M for trying to stop rival's multiple sclerosis drug
The European Commission has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for ...World - ABC News - October 31 -
EU Commission fines Teva $500 million for trying to stop rival's multiple sclerosis drug
The European Commission has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for ...Health - ABC News - October 31 -
Biden calls out Musk over a published report that the Tesla CEO once worked in the US illegally
President Joe Biden has slammed Elon Musk for hypocrisy on immigration after a published report that the Tesla CEO once worked illegally in the United StatesTech - ABC News - October 28 -
Nintendo reports lower profits as demand drops for its aging Switch console
Nintendo, the Japanese video game maker behind the Super Mario franchise, says its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth ...Entertainment - ABC News - November 5 -
EU or US? UK plays piggy in the middle
Plus, will Reeves’ pension reforms achieve the economic growth Labour hopes for?World - Financial Times - 3 days ago -
UK pays more than EU for gas as winter looms
High transmission costs and global shortage of LNG push gap over European prices to widest since late 2021World - Financial Times - November 5 -
Big issues, surprise races and ticket-splitting: 5 things to watch in the battle for Congress
The close and uncertain battle for the White House has taken center stage this year.Top stories - NBC News - November 4
