Discovery Bank to launch in March 2019
Discovery has unveiled its plans for Discovery Bank – including how its accounts will work, and how it plans to change how South Africans work with money. The group showcased […]
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Switzerland: government delays ultimatum send by EU
The Swiss Federal Council decided on Friday not to approve the draft framework agreement with the EU. Instead, it has opened a consultation phase with the cantons, political parties and […]
US: unemployment stays at 49-year low
US employers hired fewer people than forecast in November and the unemployment rate held at a 49-year low, according to the jobs report from the Bureau of Labor Statistics released […]
AI in the banks isn’t only a way to save money
According to financial research firm Autonomous, artificial intelligence (AI) will introduce more than $1trillion (£782bn) in cost savings by 2030, representing 22pc of banks’ current expense load. Many banks, however, […]
EU plans to fight against fake news
The EU has launched a “war against disinformation” spread by the Kremlin in an attempt to protect next year’s European parliament elections. The bloc also urged Facebook and other social […]
Wall Street worries over Us-China trade truce
Wall Street stocks plunged Tuesday on worries about US economic growth and revived doubts about trade wars as the Trump administration sent mixed signals on their detente with China. A […]
Takeda shareholders say yes for $62 bn Shire deal
Takeda Pharmaceutical shareholders approved on Wednesday its $59 billion takeover of London-listed Shire, creating a global powerhouse with a stronger drugs pipeline but one that is saddled with massive debt. […]
Brexit news: UK can revoke Article 50
The EU’s law chief has advised that the UK should unilaterally be able to reverse Brexit in what could prove to be a landmark legal case. On Tuesday, the European […]