Financial News
Lebanon to default on debt payments
Lebanon is to default on a foreign debt payment for the first time in its history as the country struggles with a…
Oil price crash sends shockwaves through financial markets
Stocks and US government bond yields tumbled after oil prices crashed by almost a third, as the prospect of a crude price…
Financial markets head for worst week since 2008 crash
Global stock markets are racing towards their worst week since the financial crisis 12 years ago on mounting fears coronavirus will derail…
Australian share market tumbles as investors fear coronavirus spread
The Australian share market has tumbled, with investors rattled by concerns about the spread of the coronavirus outbreak, and the selling could…
New £20 note enters circulation in the UK
The new polymer £20 note is going to start appearing in ATMs and tills from today as it enters circulation. It features…
Visa backs payments start-up that powers popular fintech apps like Monzo and Revolut
Financial technology start-up Currencycloud, which powers cross-border payments for a number of popular finance apps, has raised $80 million in a funding…
Revolut warns about scammers posing as their phone support agents
Revolut has warned about reports that a small network of scammers is calling or sending SMS messages to customers pretending to be…
Stock market feel the effect of Soleimani assassination
European shares slipped from near record highs on Friday after a US air strike in Iraq killed a top Iranian commander and…
Saudi Aramco shares up sharply on market debut
Saudi Arabia listed state oil company Aramco on the stock exchange on Wednesday in what became the world's biggest-ever initial public offering.…
Harvest Technology plc launches Initial Public Offering of 40% of issued share capital
Harvest Technology plc, the technology group comprising IT solutions provider PTL Ltd, payment gateway specialist APCO Systems Ltd, and automation and security…
Saudi Aramco sets IPO share price at around $8.00
Saudi Aramco’s multibillion-dollar initial public offering (IPO), probably the biggest in history, shifted to full gear as its share price was announced…
Payments in Belgium to be rounded to nearest 5 cents from December
As of 1 December, retailers in Belgium will be obliged to round final totals to the nearest 5 cents in the case…