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UK’s Second Biggest Mortgage Lender Pulls Offers Over Flood Risk
The UK’s second biggest mortgage provider has stopped making loans on homes at risk of flooding, over fears they may become uninsurable — and therefore, unsellable — over the coming years.
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World’s Largest Forestry Offsets Project Has License Revoked
The future of one of the world’s largest carbon offsets projects is in doubt, after the Indonesian government revoked its license for violating local regulations.
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BOJ Data May Help Show Whether Japan Intervened in Forex Market
The Bank of Japan is set to release data tonight that may help solve the mystery of whether authorities intervened in the currency market on Monday after the yen plunged beyond 160 per dollar.
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Volkswagen Earnings Slump 20% on Muted Sales, Higher Costs
Volkswagen AG’s first-quarter earnings fell more than expected after waning car sales and the cost of introducing new models weighed on profitability.
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China to Hold Delayed Party Conclave Focusing on Reform in July
President Xi Jinping will convene his ruling party in July for a closed-door conclave that will be closely watched for signs of long-term reforms to the world’s second-largest economy.
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Apple targets Google staff to build artificial intelligence team
iPhone maker also recruits generative AI experts into secretive Zurich lab as it prepares fightback against Big Tech rivals
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First issued titanium Apple Cards are about to expire
Apple Card was launched in 2019 in the US, and although using it with Apple Pay is the best solution,…
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Distressed Korea Builder Taeyoung Faces Debt Restructuring Vote
Creditors of distressed Korean builder Taeyoung Engineering & Construction Co. are poised to decide Tuesday on whether to allow the firm to begin restructuring its debt, after it rattled local markets at the start of the year.
