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Friend.tech’s Total Value Locked (TVL) has undergone a substantial decline recently, registering its most significant single-day drop of 7.8% in early October, indicating a noteworthy downturn in performance. Additionally,…

The UK car industry has hit out over a lack of incentives for households to purchase a new electric car after sales dipped among private buyers last month. The Society of Motor Manufacturers and Traders (SMMT) reported a 21% lift in…

SlavkoSereda/iStock via Getty Images Energy stocks posted their worst week since May, with the S&P Energy Index dropping 5.4%, while U.S. crude oil plummeted nearly 9% for its biggest weekly loss since March. Crude futures edged…

BNB price (Binance coin) is still struggling to clear the $220 resistance against the US Dollar. The price could decline heavily below the $210 and $202 support levels. Binance coin price is slowly moving lower…

Gasoline prices are slowly pulling back from 2023 highs last month. But as crude continues to pull back, drivers can expect fuel costs to drop like "wet feathers," says one oil analyst."Right now, if you are a gasoline shopper, you can find…

Receive free Oil updatesWe’ll send you a myFT Daily Digest email rounding up the latest Oilnews every morning.Oil prices plunged by more than $5 a barrel on Wednesday over concerns that sharp increases in borrowing costs caused by higher…

Mortgage approvals fell to the lowest level in six months in August as prospective homeowners stayed away from the property market and average mortgage costs approached 5 per cent. Data from the Bank of England showed that the number…

© Reuters. Chinese banks, particularly those with significant exposure to the property sector, may face a 10% drop in earnings by 2024 if bad debt ratios increase due to defaults from "low quality" state-owned developers and private…

According to the blockchain data platform Glassnode, the total number of Bitcoin addresses owning 1,000 BTC or more has plunged to its 2019 levels. The entity revealed that currently, there are just 1,997 addresses holding…

Receive free British Business Bank Plc updatesWe’ll send you a myFT Daily Digest email rounding up the latest British Business Bank Plcnews every morning.The British Business Bank fell to a £135mn loss after tax in its most recent…