Wise denied US banking licence after moving main stock listing
Wise, the London-based fintech company, has been denied a US national banking licence by the Federal Reserve, a setback that comes shortly after the firm shifted its primary stock…
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Business
Tesla profits decline as rising research spending offsets vehicle sales growth
Tesla's quarterly profits fell as increased investment in research and development cut into earnings from a sharp rise in vehicle deliveries, highlighting the company's focus on l…
Defence Shares Surge on Hopes of Increased Investment Under New Chancellor
Defence stocks, including BAE Systems, Babcock, and Qinetiq, rose sharply after the appointment of a new Chancellor, with investors anticipating higher government spending on defe…
Andy Burnham becomes seventh British prime minister in a decade
Andy Burnham has become Britain's seventh prime minister in a decade, succeeding Keir Starmer after a Labour leadership contest. Markets are watching closely as the former Greater…
Alexei Mas launches «Craft Social Networks» project after leaving Kyivstar
Ukrainian internet entrepreneur Alexei Mas has left his role at Kyivstar to launch «Craft Social Networks», a platform for building custom social networks tailored to businesses a…