May 22, 2024 | Markets
Wall Street giant fined $78 million in UK for 2022 trades London staffer’s fat-finger blunder triggered Europe selloff For one Citigroup Inc. trader in London, the morning of May 2, 2022 went from bad to worse. It was a public holiday in the UK, so it should have been...
May 22, 2024 | Markets
BYD’s Seagull hatchback is set to start Europe sales next year, beating the competition on price Cheap electric vehicles from China are already pushing into Europe, undercutting one of the region’s biggest industries. BYD Co., which overtook Tesla Inc. late last year...
May 21, 2024 | Markets
Scale AI raised $1 billion in one of the year’s largest deals Startup helps tech firms improve data for building AI tools Scale AI Inc., a startup that helps top tech companies improve the data used to build artificial intelligence products, has roughly doubled its...
May 21, 2024 | Markets
Turkey faces ‘existential threat’ of declining population Decrease comes despite new laws to encourage procreation Turkish President Recep Tayyip Erdogan’s campaign to ensure sustainable economic growth by nurturing a larger and younger population faces a grave...
May 20, 2024 | Markets
Firms of all stripes are preparing for the imminent shift to faster US stock settlement — and the issues it may bring. When US markets reopen next Tuesday after the long weekend, everything will likely seem normal. It’s only after the close and in the following days...
