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Financial News Around the World

Bank of America fined $150 million for consumer abuses including fake accounts, bogus fees

The announcement is the latest sign that some of the practices exposed by the Wells Fargo fake accounts scandal in 2016 weren’t confined to that bank.

Published 11 July 2023
Categorised as Finance News

Spend better, not less: Duke behavioral economics expert on his top 4 money tips

Psychology and behavioral economics professor Dan Ariely on the financial habits he adopts and encourages his students to use to be happy and good with money.

Published 11 July 2023
Categorised as Finance News

Berkshire Hathaway takes control of LNG facility as Buffett ups bet on energy infrastructure

Berkshire Hathaway Energy agreed to purchase a 50% stake in the Cove Point liquefied natural gas facility for $3.3 billion in cash.

Published 11 July 2023
Categorised as Finance News

Stocks making the biggest premarket moves: JetBlue, Zillow, JPMorgan Chase, 3M and more

These are the stocks posting the largest moves in the premarket.

Published 11 July 2023
Categorised as Finance News

India’s IDFC First Bank says merger will boost credit growth

Last week, IDFC First Bank said its board had approved its merger with IDFC Ltd., the latest in a wave of consolidation in India’s financial sector.

Published 11 July 2023
Categorised as Finance News

‘Tourflation’? Taylor Swift, Beyoncé and Bruce Springsteen could be making inflation worse

As inflation remains high in many countries around the world, economists have found themselves considering a surprising potential contributor: music concerts.

Published 11 July 2023
Categorised as Finance News

One of Asia’s most luxurious trains is returning to the rails with a new route

Belmond announced today that the Eastern & Oriental Express luxury train, which will run from Singapore to Malaysia, is restarting in February 2024.

Published 11 July 2023
Categorised as Finance News

Luxury spending recovery is the first wave of China’s multi-phased reopening: Pictet

Gillian Diesen of Pictet Asset Management discusses the revival of the luxury spending market in China multiple stages in China’s re-opening.

Published 11 July 2023
Categorised as Finance News

China has a new foreign relations law. Here’s what it means for business

For foreign businesses in China, geopolitics hold more sway than new Chinese laws, analysts say.

Published 10 July 2023
Categorised as Finance News

Meta surges as 100M sign up for its Threads platform. Here’s how to play the stock

Pros on CNBC discuss Meta’s new platform, Threads, after it passed 100 million users and its stock hit a 17-month high Monday.

Published 10 July 2023
Categorised as Finance News

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