US banks flag concerns over commercial real estate as debt distress reaches highest level in a decade October 19, 2023 The largest lenders in the US have been building their loss provisions in case loans to the commercial real estate sector turn sour over the coming months.
Meta and Tiktok told to detail curbs on Israel-Hamas disinformation October 19, 2023 The European Union (EU) has ratcheted up its scrutiny of big tech companies – with demands for Meta and TikTok to detail their efforts to curb illegal content and disinformation during the Israel-Hamas conflict.
TfL and Westminster join forces with business to lure shoppers back to The Strand October 19, 2023 A new taskforce will be set up to boost footfall to London's historic Strand district after home working trends hit retailers.
Government urged to commit to contracts with Rolls-Royce amid plans to cut jobs October 19, 2023 The Government is being urged to guarantee its commitment to contracts with Rolls-Royce after the engineering giant cut thousands of jobs.
Ofwat: Suppliers must hit green targets if they want to increase water charges October 19, 2023 Ofwat has challenged the water industry to deliver on their pledges to protect the environment and clamp down on sewage overflows.
DCG and Gemini sued by New York Attorney General October 19, 2023 Digital Currency Group (DCG), its subsidiary Genesis Global, and Gemini have been sued by Letitia James, New York Attorney General.
Basel Committee wants all banks to declare their digital asset holdings October 19, 2023 The Basel Committee has begun proposals to create a standard for leading banks to disclose their digital asset holdings.
Tesla: Profits tumble as Musk’s price war hits carmaker’s bottom line October 19, 2023 Tesla has reported a near half slump in its third quarter net income, as Elon Musk’s aggressive price cutting strategy continues.
Deutsche Bahn sells London red bus operator Arriva to I Squared October 19, 2023 Deutsche Bahn has agreed to the sale of London's red bus operator Arriva to the US-based private equity firm I-Squared Capital.
FA admits it ‘hurt’ Jewish community by not lighting up Wembley arch for Israel October 19, 2023 The FA has admitted it caused “hurt in the Jewish community” by refusing to light up the arch at Wembley stadium in support of Israel after it was attacked by Hamas. Players from England and Australia wore black armbands and observed a minute’s silence at a friendly match last Friday night. However, the FA’s decision [...]
