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Sat, 07 Dec 2024 20:33:34 +0000 en-GB hourly 1 https://wordpress.org/?v=6.7.1 https://www.globalbankingandfinance.com/ant-international-sees-robust-growth-across-pillar-businesses-of-payments-digitalisation-and-inclusive-financial-services-in-2024/ Sat, 07 Dec 2024 20:24:34 +0000 https://www.globalbankingandfinance.com/?p=808536 Numbers show Alipay+ expands a vibrant wallet-based payment and digitalisation space that further strengthens WorldFirst and Antom, the two business fintech services.  Starting with over 11 million underserved SMEs and individuals in Southeast Asia and South Asia, the new Embedded Finance segment deepens Ant International’s ecosystem by offering a rich array of FX, treasury management, […]]]> https://www.globalbankingandfinance.com/athletics-unselfish-act-earns-norwegian-decathlete-skotheim-international-award/ Fri, 06 Dec 2024 22:50:12 +0000 https://www.globalbankingandfinance.com/?p=806755 (Reuters) – Norwegian decathlete Sander Skotheim has been given the International Fair Play Award by World Athletics, for the unselfish support he showed to teammate and gold medallist Markus Rooth at the Paris Olympics. The 22-year-old Skotkeim failed to clear a height in the pole vault — the eighth of the 10 decathlon disciplines — […]]]> https://www.globalbankingandfinance.com/uk-employers-cut-growth-forecasts-as-tax-hikes-weigh-on-economy/ Fri, 06 Dec 2024 22:30:45 +0000 https://www.globalbankingandfinance.com/?p=806838 By William Schomberg LONDON (Reuters) – One of Britain’s leading employers’ groups on Friday cut its estimate for economic growth next year due to measures in the new government’s first budget, striking a gloomier note than other recent forecasts. Growth in 2025 is now seen at 1.6%, the Confederation of British Industry (CBI) said, down […]]]> https://www.globalbankingandfinance.com/exclusive-whatsapp-use-by-credit-suisse-staff-scrutinised-by-uk-regulator-documents-show/ Fri, 06 Dec 2024 22:15:38 +0000 https://www.globalbankingandfinance.com/?p=806825 By Stefania Spezzati LONDON (Reuters) – The UK’s Financial Conduct Authority is scrutinising allegations that some former Credit Suisse employees shared confidential information over the WhatsApp messaging platform, documents seen by Reuters show. The FCA, which regulates financial firms in the United Kingdom, is reviewing the conduct of several Credit Suisse staff in its roughly […]]]> https://www.globalbankingandfinance.com/factbox-whats-in-the-newly-finalised-eu-mercosur-trade-accord/ Fri, 06 Dec 2024 22:00:49 +0000 https://www.globalbankingandfinance.com/?p=806708 MONTEVIDEO (Reuters) – The European Union and the South American bloc Mercosur of Argentina, Brazil, Paraguay and Uruguay finalised a free trade agreement on Friday, although it faces a tough battle to secure approval by the 27 EU member states. The trade deal would be the EU’s largest in terms of the population of its […]]]> https://www.globalbankingandfinance.com/banco-bpm-poised-to-name-citi-lazard-to-advise-on-unicredit-defence-sources-say/ Fri, 06 Dec 2024 21:45:38 +0000 https://www.globalbankingandfinance.com/?p=806645 MILAN (Reuters) -Italian bank Banco BPM is preparing to hire Citigroup and Lazard to advise over how to confront a takeover bid by rival UniCredit which has thwarted its growth strategy, three people close to the matter said. Banco BPM, Citi and Lazard all declined to comment. Banco BPM has rebuffed UniCredit’s 10.1 billion euro […]]]> https://www.globalbankingandfinance.com/oil-prices-fall-on-supply-glut-fears-despite-opec-output-cut-extension/ Fri, 06 Dec 2024 21:30:56 +0000 https://www.globalbankingandfinance.com/?p=806652 By Laila Kearney NEW YORK (Reuters) -Oil prices fell by more than 1% on Friday and cemented weekly losses as analysts projected a supply surplus next year on weak demand despite an OPEC+ decision to delay output hikes and extend deep production cuts to the end of 2026. Brent crude futures settled at $71.12 a […]]]> https://www.globalbankingandfinance.com/soccer-just-scoring-goals-not-enough-for-chelsea-says-maresca/ Fri, 06 Dec 2024 21:11:03 +0000 https://www.globalbankingandfinance.com/?p=805817 (Reuters) – Chelsea are scoring goals for fun but still have many areas to work on if they hope to match up to the likes of Manchester City, Arsenal and Liverpool, manager Enzo Maresca said on Friday ahead of a Premier League meeting with Tottenham Hotspur. Chelsea, who are second in the standings, thrashed Southampton […]]]> https://www.globalbankingandfinance.com/eu-and-south-america-strike-trade-deal-set-to-hit-pushback-in-europe/ Fri, 06 Dec 2024 20:39:26 +0000 https://www.globalbankingandfinance.com/?p=805808 By Lucinda Elliott, Lisandra Paraguassu and Philip Blenkinsop MONTEVIDEO/BRUSSELS (Reuters) -The European Union and South America’s Mercosur bloc struck an agreement on a long-delayed free trade deal on Friday, which now, however, faces a tortuous battle for approval in Europe, where there is stiff opposition from France. After negotiations spanning over 20 years, and five […]]]>