News: Money

Donald Trump's Vision Of A Post-Brexit Trade Deal Could Be Very Bad For Britain

Monday  04:20,   11 september 2017
Huffington Post UK

“Brexit has caused a lot of uncertainty, a lot of confusion,” Emanuel Adam, director of trade and policy at British American Business, says. Fourteen months after the referendum, they are trying to adjust to an uncomfortable political[...]

Equifax's Hacking Nightmare Gets Even Worse for Victims

Monday  04:20,   11 september 2017
Bloomberg

After Equifax Inc. revealed that sensitive data on two of every five Americans was exposed in a cyberattack, thousands logged onto a company website to see if they were at risk. For many, the site didn’t work at first. But for those who got through, [...]

Diamonds dogs: Gem-encrusted iPhone 8 'Elite' available to pre-order for £3,600

Monday  04:20,   11 september 2017
International Business Times

The 10th anniversary edition of its iOS smartphone is expected to push the accepted boundaries of flagship price tags. All-but-confirmed to sport new features such as an edge-to-edge OLED display, wireless charging and advanced facial recognition[...]

Pound surges to 5-week high against dollar despite mixed UK economic data

Monday  04:20,   11 september 2017
International Business Times

British currency also holds firm against major crosses as concern grows over strength of the euro.Earlier in the session, the Office for National Statistics said manufacturing output rose 0.5% in July, boosted by improving car production, but growth [...]

Uber To Introduce Fares Surcharge To Help Pay For Cleaner Vehicles

Monday  04:20,   11 september 2017
Huffington Post UK

Uber is adding a surcharge to its fares to help pay for cleaner vehicles. The controversial minicab app firm announced that all vehicles operating standard uberX journeys in London will be hybrid or fully electric by the end of 2019.It is hoping to[...]

A former conman explains the 3-step process he uses to protect himself against identity theft

Monday  04:20,   11 september 2017
Business Insider

Dario Cantatore / Stringer / Getty ImagesOn Thursday, a massive data breach at credit bureau Equifax compromised the personal information of as many as 143 million people. Frank Abagnale probably isn't surprised. You may recognize his name[...]

What the Rich Won’t Tell You

Monday  04:16,   11 september 2017
The New York Times

“There’s nobody who knows how much we spend. You’re the only person I ever said those numbers to out loud.” She was so uncomfortable with having shared this information that she contacted me later the same day to confirm exactly how I was going to[...]

Exclusive - UK banks call for 'mutual recognition' deal with EU after Brexit

Monday  04:16,   11 september 2017
Reuters

<p>Britain and the European Union should accept each other's rules governing financial services in a "flexible" trade deal that offers unfettered market access to big banks but protects small investors, according to proposals made[...]

Green energy cost declines prompt 'surge' in industry growth

Monday  04:16,   11 september 2017
International Business Times

New research suggests falling renewable energy costs are being complemented by higher efficiencies.In a note to clients, ahead of the Climate Week in New York City, ratings agency Moody's said along with declining capital costs, wind and solar power [...]

China to Ban Sale of Fossil Fuel Cars in Electric Vehicle Push

Monday  04:16,   11 september 2017
Bloomberg

China will set a deadline for automakers to end sales of fossil-fuel powered vehicles, a move aimed at pushing companies to speed efforts in developing electric vehicles for the world’s biggest auto market. Xin Guobin, the vice minister of industry[...]

143 million people's data breached in Equifax hack

Monday  04:16,   11 september 2017
Sky News

Credit agency Equifax has admitted that data from 143 million customers may have been compromised in a security breach earlier this year. US, UK and Canadian residents are among those to have their details accessed through a website application[...]

Apple Shares Drop As Report Points To iPhone 8 Shipping Delays

Monday  04:15,   11 september 2017
International Business Times

Apple saw its shares drop after a Wall Street Journal report said the iPhone 8's timetable was pushed back by a month because of production glitches.The iPhone 8, which is expected to be revealed next week at Apple’s event, faced issues early[...]

Business groups excluded from Davis summit

Monday  04:15,   11 september 2017
Sky News

Britain's top business groups‎ will be excluded from a new round of talks scheduled to take place next week between private sector bosses and David Davis, the Brexit Secretary. Sky News has learnt that the British Chambers of Commerce, CBI,[...]

It is now clear the weak pound is doing 'more harm than good'

Monday  04:11,   11 september 2017
MSN

PA Images British Chambers of Commerce (BCC) argues sterling depreciation doing "more harm than good" for the economy.[...]

Euro Zone's Too-Big-to-Fail List Swells as Nordea Sets Precedent

Monday  04:11,   11 september 2017
Bloomberg

A European banking giant just snubbed one of the world’s strictest financial supervisors by moving to a more accommodating regulatory setting. Nordea Bank AB’s decision to relocate its headquarters from Sweden to Finland puts the Nordic region’s[...]