Saturday, December 14, 2019

Twitter tests new ads strategy for trending topic

San Francisco: Micro blogging site Twitter is reportedly starting to test a new advertising strategy to boost revenue from its trending topics. The “Promoted Trend...

UK banks can survive a disorderly Brexit, says Bank of England

LONDON: UK banks are strong enough to survive a disorderly Brexit that could leave the country worse off than the 2008 financial crisis, according...

India central bank surprises with a rate cut

MUMBAI: India's central bank unexpectedly lowered interest rates and, as anticipated, shifted its stance to "neutral" from "calibrated tightening" to boost a slowing economy...

UBL to shut down its New York branch

Karachi: The United Bank Ltd (UBL) has announced its plans to wrap up its operations in New York, saying the decision has been taken...

SpaceX Christmas delivery arrives at space station

CAPE CANAVERAL, FLORIDA: A SpaceX delivery full of Christmas goodies arrived at the International Space Station, following a slight delay caused by a communication...

Trump weakens China’s currency, cries foul

Jon Healey The Dow Jones industrial average went on a 900-point freefall Monday after China allowed its currency, the yuan, to weaken beyond the seven-to-a-dollar...

IMF faces dilemma of China debt as nations seek help

WASHINGTON: The IMF has warned for more than a year of rising debt levels in low income countries. Now, bailout talks with Pakistan and...

Compliance will kill the bank

I was talking with a banker at a recent conference, and was surprised by his attitude. He’s not worried about Amazon, Google or Alibaba;...

Bank stress tests need to be more stressful

LONDON: This week, the Federal Reserve will release results from its most recent round of stress tests, in which it subjected the country’s largest...

Don’t put your valuables in the bank

MATT LEVINE Banks are places to store your money, but not really. Not literally. It’s not like you hand your money to the teller and...

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