China’s economy expanded in the third quarter at the slowest pace since early last year, as the country struggles to boost flagging growth. On an annual basis, gross domestic product (GDP) rose by 4.6% in the three months to the end of September, according to China’s National Bureau of Statistics. That is less than the […]
HSBC is the first major bank to launch such an initiative, allowing international mortgage applicants to retrieve their credit history for a UK mortgage application. This provides non-resident customers from eligible regions – Australia, Switzerland, the Philippines and the USA – and those who have recently relocated to the UK a more streamlined process, eliminating […]
LOS ANGELES — Netflix posted third-quarter earnings Thursday that beat on the top and bottom lines as its advertising business continued to grow. The streamer’s ad-tier memberships jumped 35% quarter over quarter. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025. While Netflix does not expect […]
Eligible Apple Pay users in the US and UK will have first access to Klarna’s payment offerings, including pay later in three or four installments with no interest or over longer periods. The global expansion will continue with Canada slated to launch in the coming months. “Consumers around the world have been asking for Klarna […]
G7, the cab company in Europe, is expanding how many payments its French taxi drivers can accept to enhance the travel experience for visitors. Partnering with Alipay+, a suite of cross-border mobile payments and digitalization technology solutions, visitors can now pay for taxis directly using one of 15 international e-wallets. International passengers, especially those from […]
Gold advanced towards record highs on Wednesday as gains in non-yielding bullion were bolstered by weakness in U.S. bond yields and expected rate cuts by major central banks, with additional safe-haven support from ongoing geopolitical conflicts. Spot gold rose about 0.6% to $2,676.03 per ounce, inching close to a record high of $2,685.42 it hit […]
China will expand its “whitelist” of real estate projects and speed up bank lending for these unfinished developments to 4 trillion yuan ($561.8 billion) by the end of the year, the country’s housing ministry said Thursday. Ni Hong, China’s minister of housing and urban-rural development, made the announcement at a press conference, alongside officials from […]
The digital payments market in Israel is on the verge of a significant transformation, with major changes expected to take effect in the coming year. New and refreshing payment options will allow consumers to pay quickly and easily, saving both time and money. V-Check, a leading Israeli fintech company headed by CEO Kobi Ram, is […]
United Airlines said Tuesday that it is starting a $1.5 billion share buyback as the carrier reported higher-than-expected earnings for the busy summer travel season and forecast strong results for the last three months of the year. United expects to earn an adjusted $2.50 to $3.00 a share in the fourth quarter, compared to $2.00 a […]
LONDON — Inflation in the U.K. dropped sharply to 1.7% in September, the Office for National Statistics said Wednesday, ramping up market expectations for a Bank of England rate cut in November. Economists polled by Reuters had expected the headline rate to come in at a higher 1.9% for the month, in the first dip […]
Smart Money People, the UK’s comprehensive financial services review site, has launched a new cross-industry working group focused on creating better communication for customers in vulnerable situations. Smart Money People says it is launching the working group having recognised that, despite the implementation of the FCA‘s Consumer Duty over a year ago, 81 per cent of customers say […]
G7, the cab company in Europe, is expanding how many payments its French taxi drivers can accept to enhance the travel experience for visitors. Partnering with Alipay+, a suite of cross-border mobile payments and digitalization technology solutions, visitors can now pay for taxis directly using one of 15 international e-wallets. International passengers, especially those from […]
