Three large UK lenders announced they would cut the costs of home loans this week as mortgage rates continued to fall on the back of an improved outlook for inflation. The moves by NatWest, Halifax and Virgin Money followed cuts by Nationwide, Barclays, TSB and HSBC last week, offering further relief to homeowners who are
Decentralized finance (DeFi) platform SushiSwap is set to integrate with the growing blockchain protocol, Core, tapping into the protocol’s unique consensus mechanism to provide a broad set of DeFi services to its cross-chain functionality. The integration is touted to increase the possibilities for developers building within the Core ecosystem, with decentralized applications built on the
Bob and Terri Wood, of Mobile, Alabama, with their grandson. Courtesy: Bob Wood Bob Wood, 66, has been thinking of selling his home in Mobile, Alabama. The finance professor and his wife, Terri, purchased the 5,000-square foot house with a pool nearly a decade ago. “It’s probably time to downsize,” he said. They would also
People walk by a Gap retail store on August 24, 2022 in Beijing, China. VCG | Getty Images Check out the companies making headlines before the bell on Tuesday. SoFi Technologies — The financial technology stock dropped 3.7% after KBW analyst Michael Perito downgraded the stock from underperform from market perform. Perito hiked his price
Plans by Wizz Air to give its chief executive an extra two years to unlock a £100mn bonus have triggered a backlash as the airline battles a depressed share price and the fallout of a regulatory reprimand for its handling of client claims. Proxy advisers Institutional Shareholder Services and Pirc have recommended investors vote against
Bitcoin (BTC) shed 2% into the start of August as traders’ expectations of further downside slowly came true. BTC/USD 1-hour chart. Source: TradingView Bitcoin short-term holder breakeven point in focus Data from Cointelegraph Markets Pro and TradingView showed BTC price trajectory leaning lower at the July monthly close. Volatility was already anticipated, and BTC/USD did
According to one insider, Chinese police are after Web3 co-founders, not to serve and protect, but for their wallets. In a recent blog post, Wuwei Liang, the brother of imprisoned CoinXP co-founder Liang Liang, warned that under no circumstances should executives hand over their private keys when detained by Chinese police. Responding to news of
A scammer using zero transfer phishing attack managed to steal $20 million worth of Tether (USDT) on Aug. 1 before getting blacklisted by the stablecoin’s issuer Tether. According to an update from on-chain analytic firm PeckShield, A zero transfer scammer grabbed 20 million USDT from the victim address 0x4071…9Cbc. The intended address that the victim
The writer is a political strategist and former adviser to Tony Blair and Julia Gillard The UK Labour party has had a commanding lead over the Conservatives for the past 20 months. Yet there is consensus between its leadership, its membership and political commentators that the party and its leader, Keir Starmer, have not yet
An English poet once wished for the bombing of Slough. Fans of Brentford FC hear the chant of, “You’re just a bus stop in Hounslow” from opposing crowds. And then there is Staines, the cradle of Ali G. The towns and suburbs in the vicinity of Heathrow airport receive cruel treatment. Then, last month, one
The government of Ukraine has recently approached the local cryptocurrency industry with a new request to provide certain financial information. The National Bank of Ukraine (NBU) had demanded four local crypto firms — Kuna, CoinPay, GEO Pay and Qmall — to provide financial statements for the first two quarters of 2023. The NBU has demanded
Millions of American children and teens are heading back to school this season. While much of their academic success can be credited to their parents, teachers, guidance counselors and educational materials, the importance of their home environment should not be understated. Whether a brand new kindergartener or a graduating class of 2024 senior, having the
Millions of American children and teens are heading back to school this season. While much of their academic success can be credited to their parents, teachers, guidance counselors and educational materials, the importance of their home environment should not be understated. Whether a brand new kindergartener or a graduating class of 2024 senior, having the
European stocks followed China lower on Tuesday as fresh economic data pointed to weak factory activity across Asia and the eurozone, raising investor concerns about a global slowdown in demand for goods. The region-wide Stoxx Europe 600 index fell 0.7 per cent, extending early morning losses, while Germany’s Dax lost 0.9 per cent and London’s
The UK government has bowed to pressure from businesses and dropped rules to force companies to use a new post-Brexit replacement for the EU’s “CE” product quality mark. The “indefinite” postponement was widely welcomed by industry and came after more than two years of intense lobbying to abandon the new rules. The government has long
A skyscraper in Moscow’s main business district, home to several government ministries, was damaged by a drone strike on Tuesday for the second time in three days, signalling Ukraine’s intent to step up attacks on strategic targets inside Russia. The drone hit the 42-storey IQ-Quarter tower, which houses the offices of Russian trade, digital and
UK house prices have dropped by the largest amount in 14 years, according to fresh data from Nationwide. Prices for July fell 0.2 per cent on the previous month and 3.8 per cent on the same month last year, the largest fall since 2009, the Nationwide house price index showed. The average cost of a home in the UK is now
HSBC has announced its second $2bn share buyback of the year after rising interest rates helped the bank post bumper quarterly profits of $8.8bn. The UK-based lender on Tuesday said it would pay a dividend of 10 cents a share on top of the 10 cents it paid for the first quarter, as it reported
What is a call option? You might have heard about option contracts in the past. There are calls and puts. When you’re buying a call, it means you’re looking for the stock to go to the upside, which is a bullish outlook. You can also sell a call, which means you’re looking for the stock
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Country Garden canceled its share placement shortly after midnight, a report by IFR revealed, citing bookrunner JPMorgan. Future Publishing | Future Publishing | Getty Images Hong Kong-listed shares of Country Garden fell 5.06% on Tuesday, following multiple reports that the Chinese real estate developer had scrapped its
Facebook owner Meta is preparing to launch a range of artificial intelligence-powered chatbots that exhibit different personalities as soon as next month, in an attempt to boost engagement with its social media platforms. The tech giant led by chief executive Mark Zuckerberg has been designing prototypes for chatbots that can have humanlike discussions with its