DFS shares jump eight per cent following strong half year sales January 12, 2022 Furniture seller DFS has reported strong interim sales causing shares to climb 3 per cent despite warnings of a challenging business environment.
Paypal confirms development of a stablecoin amid crypto push January 11, 2022 Online payments giant PayPal has confirmed that it is exploring the development of a stablecoin amid a push into digital assets.
South African police investigate missing brothers’ crypto platform January 11, 2022 South African police are investigating investors' claims to have been scammed by Africrypt, a crypto platform run by two missing brothers.
Just five per cent of JP Morgan clients think Bitcoin will hit $100k this year January 11, 2022 Wall Street remains unconvinced that Bitcoin is poised to soar to new heights by the end of 2022 a survey has revealed.
Horizon scandal: Post Office struggles to deliver compensation for victims January 11, 2022 The Post Office has repaid 777 of some 2,500 postmasters who applied for compensation because of a company computing scandal.
Debt ridden Evergrande moves Shenzhen head office to cut costs January 11, 2022 Evergrande has opted to move its head office in a bid to save cash as the company seeks to complete building work and repay investors.
European Parliament President David Sassoli dies aged 65 January 11, 2022 David Sassoli, the president of the European parliament, has died at the age of 65 according to his official spokesperson.
KPMG admits to misleading regulator over Carillion audits January 11, 2022 KPMG has admitted to misleading the regulators during audits of Carillion, an outsourcer which collapsed in 2018. A hearing spearheaded by the Financial Reporting Council (FRC) kicked off yesterday to determine whether KPMG is guilty of forging documents and misleading regulators in relation to audits of Carillion and Regenersis. The accounting giant’s chief executive, Jon [...]
Exclusive: penalties for global financial institutions halve in 2021 January 7, 2022 The value of penalties issued to global financial institutions fell by 49 per cent in 2021, as pandemic restrictions thwarted investigations.
CBDCs: China leads global race as e-yuan payments arrive on WeChat January 6, 2022 China has emerged as a front runner in the race to develop state backed electronic money, with e-yuan payments now available on WeChat.