Thousands of HSBC customers in the UK have reported that they are unable to access mobile banking. Downdetector, which tracks websites, showed more than 4,100 people had reported the banking app on their device was not functioning....
Metro Bank has struck a deal to raise extra funds from investors that it said will secure its future. The deal was announced late on Sunday after days of intense speculation about the bank's financial position. The Bank of Englan...
Starbucks, the $124.4 billion global coffee giant, trails only McDonald’s as the largest restaurant chain by market capitalization. Until a few years ago, the massive coffee company held more mobile payment users than Apple Pay. But what actual...
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The Israeli army has launched a massive military operation on the Jenin camp in the north of the occupied West Bank. It started with multiple drone strikes. Videos published on social media showed smoke rising from a residential block....
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Cathay Pacific Airways has fired three flight attendants after a complaint that they had discriminated against non-English speaking passengers. They were sacked after an audio clip of the cabin crew apparently mocking passengers went vira...
The government has allowed animal testing for makeup ingredients to resume despite a 25-year ban. It changed a policy on animal testing to align with EU chemical rules, according to a High Court ruling. The High Court said on Fri...
Five people died when an employee opened fire at a bank in Louisville, Kentucky, and livestreamed the attack on Instagram, police say. The victims were aged between 40 and 64. Among nine others injured was a rookie police officer who had g...
Almost all wet wipes will be banned in England under plans to tackle water pollution, environment minister Therese Coffey has told BBC News. The ban on plastic-based wipes should come into force in the next year following a consultation,...
Italy has become the first Western country to block advanced chatbot ChatGPT. The Italian data-protection authority said there were privacy concerns relating to the model, which was created by US start-up OpenAI and is backed by Microsoft...
The US central bank has raised interest rates again, despite fears that the move could add to financial turmoil after a string of bank failures. The Federal Reserve increased its key rate by 0.25 percentage points, calling the banking sys...
Treasury Secretary Janet Yellen said the government will remain vigilant and take additional steps as needed to support the banking system....
Central banks have rushed to keep cash flowing through the world's financial systems after the failures of two US banks and the rescue of Credit Suisse sent shockwaves across global markets. Six central banks, including the Bank of Englan...
Credit Suisse: What is happening to the Swiss banking giant?...
Credit Suisse has said it will borrow up to 50bn Swiss francs (£44.5bn) from the country's central bank to shore up its finances. The troubled banking giant said it is taking "decisive action" to strengthen and s...
The collapse of Silicon Valley Bank, the second-biggest bank failure in U.S. history, took place over less than 48 hours. Customers withdrew $42 billion -- nearly a quarter of the bank's total deposits -- within a single day last week...
US President Joe Biden has named Indian-American businessman Ajay Banga as the US pick to lead the World Bank. The move comes as the US increases pressure on the bank to put more emphasis on tackling climate change. Mr Banga led...
The United Kingdom is among more than 30 countries that have pledged support to an ongoing ban on Russian and Belarusian athletes competing in international sporting events amid Russia's invasion of Ukraine. It follows a summit involving all the ...
The UK is set to enter recession this year but it will be shorter and less severe than previously thought, according to the Bank of England. The slump is now expected to last just over a year rather than almost two as energy bills fall an...