ECB cautions lenders over subpar IT outsourcing and loss of millions of euros.
The European Central Bank said on Wednesday that banks in the eurozone are losing millions of euros as a result of tech contractors failing them,
Russia’s nuclear push into Africa: four states, big reactors.
The president of Russian nuclear firm Rosatom stated on Friday that Russia is in talks with four nations on major nuclear projects and is prepared
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Nigeria’s inflation hits 27.33% in October, the highest in 18 years, damning the new Central Bank’s policy.
October saw an increase in inflation in Nigeria for the tenth consecutive month, putting more pressure on the newly appointed governor of the central bank
Nepal bans China’s TikTok for promoting social disharmony and indecent materials.
On Monday, the government of Nepal made the decision to outlaw the well-known social media app TikTok, citing the disruption of “social harmony” inside the
Nigeria’s Cardoso says the Central Bank has no magic wand to tackle economic challenges.
Governor Olayemi Cardoso of Nigeria announced on Tuesday that the central bank will support the government’s goal of economic growth by taking on “more limited
Boeing rakes $63b from Emirates group on the first day of Dubai Air Show.
With a $52 billion acquisition of Boeing Co. aircraft, long-haul airline Emirates kicked off the Dubai Air Show, demonstrating how aviation has recovered from the
Greece continues divestment of lenders with the sale of 20% of National Bank shares.
As part of its efforts to distance itself from the nation’s lenders, Greece on Monday revealed plans to sell a 20% share in the National
Israeli and Saudi ETFs suffer unprecedented outflow of funds.
When the worst violence in decades rocked the Middle East and rattled the region’s business-friendly narrative in October, foreign investors withdrew an unprecedented amount of
Saudi Arabia to deposit billions of dollars in Nigeria’s central bank and revamp four state refineries in 3 years.
Nigeria and Saudi Arabia reached agreements on Friday on a number of cooperation and investment agreements. Among these was the Saudi government’s commitment to finance
ICBC, China’s biggest bank ransomware attack crippled US treasury market trading.
The largest bank in China says its financial services division was the cause of the ransomware attack that allegedly caused trading in the US Treasury
HSBC plans to expand its personal banking operations in India by targeting individuals with high net worth above $30m.
After launching its private bank there in July, HSBC hopes to boost personal banking in the country to cater to the rapidly expanding population of
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