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PacWest Bancorp's plan to sell $2.6 billion real estate loans calms investors
PacWest Bancorp's plan to sell $2.6 billion real estate loans calms investors
By Niket Nishant (Reuters) -PacWest Bancorp's shares rose nearly 18%, extending gains from the previous session after the lender's plan
2023-05-23 22:18
Asian markets fall further as US data fans rate fears
Asian markets fall further as US data fans rate fears
Stocks tumbled again Friday in Asia after another round of strong US data reinforced expectations the Federal Reserve will resume its interest rate hikes as...
2023-07-07 10:47
Most Valuable India Firm Hits Oversold Level After Six-Month Gap
Most Valuable India Firm Hits Oversold Level After Six-Month Gap
Reliance Industries Ltd. fell for a fifth day, pushing India’s largest company by market valuation into oversold territory
2023-09-25 18:53
Uber Posts First Operating Profit as Ridership Hits New Record
Uber Posts First Operating Profit as Ridership Hits New Record
Uber Technologies Inc. reported its first-ever operating profit, fueled by demand for rides and delivery and marking a
2023-08-01 21:17
Hong Kong eyes stronger economic and trade ties with Thailand to expand its role in Southeast Asia
Hong Kong eyes stronger economic and trade ties with Thailand to expand its role in Southeast Asia
Hong Kong's leader says the city will seek to strengthen its economic and trade ties with Thailand after a meeting with the country’s prime minister
2023-10-10 13:18
AVM Biotechnology Announces Twenty-Eight (28) Solid Tumor and Blood Cancer Patients have been Treated with Immunomodulatory AVM0703 through Expanded Access/Compassionate Use Programs
AVM Biotechnology Announces Twenty-Eight (28) Solid Tumor and Blood Cancer Patients have been Treated with Immunomodulatory AVM0703 through Expanded Access/Compassionate Use Programs
SEATTLE--(BUSINESS WIRE)--Aug 1, 2023--
2023-08-01 22:28
Warning over criminals using digital switchover to scam vulnerable people
Warning over criminals using digital switchover to scam vulnerable people
Criminals are exploiting the analogue to digital switchover in the UK’s telephone network to scam elderly and vulnerable people, councils have warned. The Local Government Association (LGA) said it had issued the warning after becoming concerned the transition was creating new opportunities for scammers. Specifically, the LGA said it was concerned about the around 1.8 million people who use healthcare telephony devices, and which may need changing as part of the digital switchover. It said it had seen recent reports of scammers who call residents with healthcare devices and claim the resident needs to hand over bank details as part of the switchover, or they will be disconnected. As the digital switchover date approaches, sadly we fear that further cases will arise Councillor Heather Kidd, from the LGA The digital switchover will see most UK telephone providers move their customers from old analogue landlines to new, upgraded services which use digital technology, with the changes taking place up to 2025. Councillor Heather Kidd, chair of the LGA’s safer and stronger communities board, said: “We are very concerned by a rise in criminals taking advantage of the digital switchover to trick vulnerable residents into giving out personal information such as their bank details. “As the digital switchover date approaches, sadly we fear that further cases will arise. “Councils will always act swiftly with the police where any incidents are reported, but we also urge people to be vigilant and help to raise awareness of this crime. “The digital switchover is free of charge and residents should be aware that councils and their home care alarm providers or contractors will never ask for personal or financial information over the phone.” The LGA said anyone who is the victim of a scam or fraudulent activity should report it to Action Fraud as well as their local trading standards team. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-09-15 21:57
International Criminal Court says it detected 'anomalous activity' in its information systems
International Criminal Court says it detected 'anomalous activity' in its information systems
The International Criminal Court says it detected “anomalous activity affecting its information systems” last week and took urgent measures to respond
2023-09-19 23:49
China Evergrande soars after property developer's stocks resume trading
China Evergrande soars after property developer's stocks resume trading
Shares of debt-laden property developer China Evergrande Group have soared after they resumed trading in Hong Kong following a suspension last week
2023-10-03 12:48
Amazon reports better-than-expected revenue and profits for 2Q, sending its stock higher
Amazon reports better-than-expected revenue and profits for 2Q, sending its stock higher
Amazon on Thursday posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading
2023-08-04 05:58
Dillan Knudson Named Head of Commercial Banking for Arizona at Western Alliance Bank
Dillan Knudson Named Head of Commercial Banking for Arizona at Western Alliance Bank
PHOENIX--(BUSINESS WIRE)--Oct 25, 2023--
2023-10-26 05:28
Ineos ‘optimistic’ over Man United purchase after increased contact with Raine Group
Ineos ‘optimistic’ over Man United purchase after increased contact with Raine Group
Sir Jim Ratcliffe has had more extensive contact with Raine Group over the past two weeks than Qatar, creating a positivity within the INEOS bid that they can be the next owners of Manchester United, although it has not yet been communicated who the preferred bidder is. That does leave the way open for a huge Qatar offer that many have long been waiting for, but it would have to be a significant increase on their third-round bid of under £5bn. They would also have to be quick, as it is now expected that an announcement on preferred bidder could come next week. While the nature of this process ultimately comes down to the numbers, there was irritation on the selling side at some of the briefing around the third Sheikh Jassim-led bid, given it was considerably lower than had been anticipated. The Independent has also been told that the Glazers have been giving consideration to the fact any Qatar offer could take six to nine months longer, due to the likelihood that the assessment by the Owners and Directors test would be far longer. The bid comes as the Premier League have sought to tighten regulations on state-linked owners, amid increasing pressure over the subject. The Glazers are also conscious of the fact that, if that happens, and the Qatar deal were to falter, Ratcliffe would be unlikely to come in on a point of principle. As the INEOS group have long pointed out, their offer can lead to a cleaner process. Ratcliffe's group are “optimistic” that, if the takeover process continues smoothly, they would at least have an agreement to buy the club by the summer transfer window. That could leave Erik ten Hag frustrated as regards transfers for next season, given the club would be restricted in what it could do, but with the offset that the future would be much clearer thereafter. Either way, the Glazers' bankers are currently willing to discuss final details with Ratcliffe. The only development that could currently change that is if Qatar come back in with a huge offer, and there is insistence from within the Gulf state they are still in the race. At the same time, discussions with Raine have been minimal, with one source even stating that it was as close as you can get to being “ghosted” in such processes. The prospective takeover of United has been discussed at the top levels of the state, but a number of political issues have complicated the planned purchase, not least the willingness to not be seen to just pay whatever it takes. From the start, Qatar have been insistent they will only buy for the right price. It remains to be seen whether that valuation changes as the possibility of failure looms. Read More What would a Sir Jim Ratcliffe takeover mean for Manchester United Erik ten Hag unsure what funds will be available to strengthen Man Utd’s squad Man Utd fans stage protest against Glazers before and during Aston Villa match
2023-05-13 16:19