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‘Risks posed by AI are real’: EU moves to beat the algorithms that ruin lives
‘Black-box’ AI-based discrimination seems to be beyond the control of organisations that use it
Kalyeena Makortoff Banking correspondent
07, Aug, 2022 @12:26 PM
Why do UK banks seem so optimistic despite the cost of living crisis?
Analysis: High street lenders have shrugged off their concerns, announcing payouts for investors
Kalyeena Makortoff Banking correspondent
02, Aug, 2022 @4:46 PM
UK factory growth hits two year-low; oil drops; German retail sales in record fall – as it happened
British manufacturers suffer first drop in output in over two years in July, while retail sales in Germany slumped over 8% as inflation hit consumers
Graeme Wearden
01, Aug, 2022 @2:44 PM
HSBC boss hits back at calls for breakup of business from investor
Noel Quinn says such a move would come with ‘material costs’ and ‘high risk of failure’
Kalyeena Makortoff Banking correspondent
01, Aug, 2022 @12:50 PM
ExxonMobil and Chevron shatter profit records; eurozone inflation hits record 8.9% – business live
US oil companies post huge earnings, as sky-high fuel costs hit consumers and drive up inflation
Graeme Wearden
29, Jul, 2022 @3:50 PM
UK government in line for £1bn payout from NatWest Group stake
Bank to give dividend to shareholders despite dip in second-quarter profits and economic ‘uncertainty’
Kalyeena Makortoff Banking correspondent
29, Jul, 2022 @11:57 AM
Taxpayers left with £421m bill after one in 12 firms default on Covid loans
About 8% of borrowers – 130,000 firms – have so far failed to repay government-backed emergency loans
Kalyeena Makortoff Banking correspondent
28, Jul, 2022 @5:53 PM
Ex-Carillion executives face £1m in fines over ‘market abuse’ claims
Richard Howson, Richard Adam and Zafar Khan appeal against watchdog findings that they ‘acted recklessly'
Kalyeena Makortoff
28, Jul, 2022 @3:25 PM
Biden says US economic slowdown due to Fed inflation-fighting measures – as it happened
US president says growth affected by moves to tackle inflation as US enters technical recession
Graeme Wearden
28, Jul, 2022 @3:22 PM
Barclays profits almost halved to £1.5bn after US trading blunder
Chief executive announces external review into mistake and says appropriate action will be taken
Kalyeena Makortoff Banking correspondent
28, Jul, 2022 @11:28 AM
Cost of living: McDonald’s, Kraft Heinz and Reckitt raise prices, as gas soars – as it happened
End of the 99p cheeseburger as fast food chain warns ‘we’re living through incredibly challenging times’
Graeme Wearden
27, Jul, 2022 @2:38 PM
Lloyds lays bare impact of soaring inflation on everyday customers
Families spending on average £89 more a month on energy, food and fuel than before pandemic, says bank
Kalyeena Makortoff Banking correspondent
27, Jul, 2022 @2:35 PM
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