A key committee within the Swiss Parliament has backed a motion that could delay the implementation of stricter capital requirements for UBS, following the bank’s controversial takeover of Credit Suisse in 2023. The move reflects growing concern among...
Money & Finance
Why Worldline Just Lost 20% of Its Value — And What Happens Next
Shares of French payment processing giant Worldline tumbled by more than 20% on Tuesday after a French media report alleged the company failed to prevent fraudulent transactions through its systems. According to an investigation published by Mediapart,...
Urgent: What Spain’s Leaders Just Did to BBVA’s Sabadell Bid
Spanish banking giant BBVA has announced it is carefully analyzing the conditions set by the Spanish government in relation to its proposed acquisition of Banco Sabadell. The deal, which could reshape Spain’s banking landscape, is currently under...
Did Apple Lie About Siri AI in 2024? Investors Now Suing
A major securities class-action lawsuit has been filed against Apple Inc. by shareholder Eric Tucker, alleging the company misled investors about the readiness of its advanced Siri AI features announced at WWDC 2024. The case,...
Tesla Begins Testing Its First Robotaxi Service in Austin
Tesla has quietly rolled out a limited robotaxi service in Austin, Texas, marking the company’s first operational test of its autonomous ride-hailing technology with real passengers. The pilot, which began earlier this month, includes a small fleet of Tesla Model Y...