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Bank Of England expects delayed payments to be settled today after hitch

"The issue has been resolved and all CHAPS payments submitted to the bank are settling normally," the BOE said in a statement

Near-term inflation outlook at lowest since 2021 in US Fed survey

The findings are in line with other reports showing that price pressures and consumers' inflation expectations are cooling

Evergrande's EV maker agrees to sell 28% stake for $500 mn to Dubai's NWTN

NWTN has agreed to invest $500 million in China Evergrande New Energy Vehicle Group Ltd. in exchange for shares and a majority of the EV maker's board

Bankers hate saying 'ESG' but are hardwiring it into finance: Survey

The term ESG has only existed for about two decades after being created through a United Nations-led initiative

Amazon loses key backer 4 years into plan to eliminate carbon emissions

The Science Based Targets initiative, a United Nations-backed entity that validates net zero plans, has removed Amazon from its list of companies taking action on climate goals

Tobacco-to-soap conglomerate ITC approves hotel business spin-off

The decision to spin off its upmarket lodging arm had been widely anticipated by analysts and investors

India needs to balance ties with China to grow, says US biz lobby

Since 2020, Beijing and New Delhi have positioned thousands of troops and weaponry close to the 3,488 kilometer (2,167 miles) disputed Himalayan border after a clash

IPhone maker Foxconn cuts 2023 sales forecast after mobile demand sags

Foxconn also known as Hon Hai now expects most of its main business segments, including smartphones, to contract "slightly" this quarter and over the entire year

China looks to attract foreign investment as its economy struggles

The 24-point plan from the State Council - China's cabinet - also promises to relax regulations on transferring data overseas, among other measures

Adani probe comes to end as Sebi tightens disclosure for big firms

Sebi had sought more time to complete the probe, but the court - amid a slump in Adani shares following a damaging report published in January by US shortseller Hindenburg Research

China engineers attacked in Pakistan, two militants killed: Report

No injuries were reported within the convoy, China's Global Times said, citing unidentified "Chinese personnel" in Gwadar

Chatbots: Hackers trick AI with 'bad Math' to expose flaws, biases

Hunched over 156 laptops for 50 minutes at a time, the attendees are battling some of the world's most intelligent platforms on an unprecedented scale

H-1B Visa denied, 70 Indians take legal action against US government

The agency violated the Administrative Procedure Act by exceeding its authority and deeming the plaintiffs as inadmissible without a full record of the evidence, according to the lawsuit

Eiffel Tower briefly evacuated on Saturday after security threat: Report

These types of situations are rare, a spokeswoman for Sete, the company that manages the iconic tourist attraction, told AFP

China's economic stress deepen with property market slump: Report

Official data on Tuesday will likely show modest gains in industrial output, retail sales, fixed-assets investment in July from year ago, although growth rates are still well below pre-pandemic level

In search for cause of Hawaii wildfires, lawyers probe power lines

Hawaiian Electric said it doesn't have information on what caused the fires, according to an email statement from spokesman Darren Pai

Death toll rises to 80 as rescue efforts continue to contain Maui fire

"We have suffered a tragedy here in Hawaii," Governor Josh Green said Friday in video posted on Facebook. "The fires on Maui have been devastating. But we have hope"

Climate change: Life-threatening heat forcing Germany to ramp up defences

The country is already experiencing some of the worst-case effects of rising temperatures. Roughly 1,600 people have died this year as a result of the heat

Alphabet's rapidly expanding $118 billion cash pile poses a new problem

Apple in the last five fiscal years has returned almost $5 billion more than the record $454 billion in cash it generated

Hawaii's biggest disaster kills 55 people with 1000 still missing: Report

Fast-moving wildfires killed at least 55, and the police chief said it's likely 1,000 people remain unaccounted for