Exclusive: Sam Bankman-Fried says he's down to $100,000 The former CEO tells Axios about what helped lead to FTX's collapse. Axios · Nov 29, 2022
Applications for hotel asset warehousing scheme decrease The total number of hoteliers affected by the Covid-19 pandemic applying for the central bank's asset warehousing scheme has declined thanks to the rebound in the tourism sector, according to an executive at the Bank of Thailand (BoT). Bangkok Post · Nov 29, 2022
The 2 Best Stocks to Buy Right Now and the 2 Worst Consumer confidence dropped month-over-month in November. However, it remains well above the mark, indicating a healthy economy. We think investors’ quality stocks, UnitedHealth Group (UNH) and Bristol-Myers Squibb (BMY), which have solid dividend-paying records, could help navigate the uncertainties. However, fundamentally weak Peloton Interactive (PTON) and Mullen Automotive (MULN) might… StockNews.com · Nov 29, 2022
Royal Mail offers managers 'obscene' bonuses up to £30k each to enforce brutal job cuts Documents seen by the Daily Mirror reveal how the privatised postal giant is preparing to dish out perks to managers who are being tasked with overseeing large-scale redundancies and shift changes Daily Mirror · Nov 29, 2022
3 Stocks You Should Put More Money Into Before the End of the Year The Fed will likely slow down its aggressive monetary policy as inflation shows signs of cooling down. Moreover, analysts at Goldman Sachs believe that there is a possibility of a ‘soft landing’ next year. Therefore, investors should consider increasing their investments in fundamentally sound stocks, AT&T (T), Acuity Brands (AYI),… StockNews.com · Nov 29, 2022
1 Small-Cap Stock to Add to Your Portfolio This Week and 1 to Sell With inflation showing signs of cooling down, the Fed will likely relax its aggressive monetary policy. Moreover, many are hopeful that the economy might witness a soft landing. While we believe investors should buy fundamentally sound small-cap stock CSW Industrials (CSWI), WeWork (WE) might be best avoided considering the market… StockNews.com · Nov 29, 2022
Former Head of China Development Bank Branch Kicked Out of Communist Party Fu Xiaodong, who was president of CDB’s Henan unit, accused of accepting bribes and turned over to prosecutors, graft busters say Caixin Global · Nov 29, 2022
Scammer spared prison after he conned elderly couple out of £36k The 28-year-old fell into debt after losing his job during lockdown and becoming addicted to cocaine Liverpool Echo · Nov 29, 2022
Michael Pascoe: The Pope’s a Catholic and forecasting is a mug’s game The RBA had done all that could be done with monetary policy to fight the possibility of recession/depression from a global pandemic The New Daily · Nov 29, 2022
4 Large-Cap Stocks to Buy Before November Ends Although hopes of a Fed pivot have boosted investor sentiment, a global recession could hit next year. Against this backdrop, we think fundamentally strong large-cap stocks Synopsys (SNPS), The Hershey Company (HSY), Cintas Corporation (CTAS), and Fortinet (FTNT) are good investments for stable returns. Read on…. StockNews.com · Nov 29, 2022
Octopus takeover of Bulb faces delay after rivals seek judicial review Three companies complain over lack of transparency around deal which could be biggest government bailout since RBS and Lloyds The Guardian - UK · Nov 29, 2022
Former Cook County Land Bank Authority worker charged with property scam The charges come more than a year after a federal grand jury subpoenaed the agency in May 2021 seeking records on Mustafaa Saleh and two dozen properties the land bank obtained and sold. Chicago Sun-Times · Nov 29, 2022
'Zombie' wage deals have hurt Australians for years. Here's how new industrial relations law could finally end your wage pain If you wanted to hold back Australian wages you would design a system pretty much like the one we have today. But how did that come about and can new IR laws make a difference? Peter Martin explains. ABC News · Nov 29, 2022
Tempers flare in Dail as Government relaxes rules around bankers’ pay and bonuses Two of the more controversial recommendations of the review included permitting bonuses of up to €20,000 per year for employees in AIB Bank of Ireland and Permanent TSB (PTSB) Irish Mirror · Nov 29, 2022
Evening Standard · Nov 29, 2022 The Leader podcast: Mini-Budget ‘moneybomb’ fallout revealed Bank of England mortgage debt data reveals impact of Truss premiership
The Independent UK · Nov 29, 2022 First Direct is launching a 7% rate on a savings account from Thursday The bank is doubling the interest rate on its Regular Saver Account from 3.5% to 7%.
Evening Standard · Nov 29, 2022 Mastercard loses UK appeal to exclude three million dead claimants from lawsuit Suit claims Mastercard fees levied between 1992 and 2008 were unfairly passed onto consumers
AAP · Nov 29, 2022 Inflation down but consumer pain lingers Cost of living pressures eased slightly last month, although it's still too early to call the turning point for inflation.
StockNews.com · Nov 29, 2022 The 3 Best Value Stocks to Buy Right Now With inflation slightly cooling off last month and the Fed expected to slow the pace of interest rate hikes, this could be an excellent time to buy value stocks. Investors could look to buy fundamentally strong stocks, Albertsons Companies (ACI), Berry Corporation (BRY), and Good Times Restaurants (GTIM), which are…
The Guardian - UK · Nov 29, 2022 HSBC quits Canada, selling its business to RBC for £8.4bn London-headquartered bank has been struggling to navigate political pressure from both Beijing and the west
The Independent UK · Nov 29, 2022 Irish government relaxes rules around bankers’ pay and bonuses Salary pay caps of 500,000 euro at Bank of Ireland are to be relaxed based on concerns about retaining staff.
Tribune News Service · Nov 29, 2022 As FTX burned, lawmakers said to be dithering over regulator WASHINGTON — Congress opted to tread water on legislation that would clarify the agency in charge of the cryptocurrency industry, leaving lawmakers now without a regulator to blame for missing the signs of the FTX collapse this month and facing deep skepticism about some proposals.
Nottingham Post · Nov 29, 2022 Nottinghamshire bus driver stole more than £72k from employer and colleagues Andrew Berry has been handed a suspended prison sentence
Liverpool Echo · Nov 29, 2022 UK bank says it will give people £175 cash for free Several savings and current account providers have improved their perks
The Guardian - UK · Nov 29, 2022 UK mortgage approvals for October fall 10% after mini-budget Homebuyers face higher interest costs, as lending figures slump to lowest monthly total since June 2020