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The boss of the Post Office will return all of his bonus payment for his work on the Horizon inquiry into hundreds of wrongfully convicted postmasters. Nick Read apologised for “procedural and governance mistakes made” in the firm…

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a…

Stocks regained momentum in afternoon trading on Monday as the tech-heavy Nasdaq Composite moved closer to breaking its four-day losing streak.During the afternoon session the Dow Jones Industrial Average (^DJI) fell 0.2%, while the S&P…

© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo…

© Reuters. FILE PHOTO: U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration By Hannah Lang WASHINGTON (Reuters) - The dollar was flat on Friday but set for…

Receive free Chinese economy updatesWe’ll send you a myFT Daily Digest email rounding up the latest Chinese economynews every morning. China is expected to make the biggest cuts this year to two of its core lending rates as pressure…

Alex Wroblewski/Getty Images News Goldman Sachs Group's (NYSE:GS) board is expected to discuss internal dissent at the bank concerning CEO David Solomon at a meeting next month. The dissent about the CEO and recent media coverage is…

The GBPUSD is trading just above the 1.2900 level at 1.2907. That puts the price between the 100-hour moving average below at 1.28604, and the 200-hour moving average above at 1.29487. Those moving averages will be either more bullish or…

(Bloomberg) -- Corporate brands rarely intertwine with everyday conversations so that they become action. It is still rare for the owner of such a trademark to announce plans to deliberately destroy it.Most Read from BloombergOn Sunday, in…

Involved Share on Twitter Post on LinkedIn Share on Telegram Copy link Link copied Worldcoin, a cryptocurrency created by OpenAI CEO Sam Altman, is expected to be launched on…