The European Union’s executive arm will propose making banks, insurers and funds share customer data with fintechs in return for payment to spur the development of digital finance in the bloc.
For Bloomberg’s TOPLive blog on the Fed decision and press conference, click here
An Australian company that clinched the first US clearance for its at-home Covid-19 test kit has collapsed into liquidation after a sale to a competitor fell through.
BlackRock Inc. Chief Executive Officer Larry Fink said artificial intelligence has tremendous potential to boost productivity and may ultimately be the technology that can tamp down inflation.
Bicycle Capital is targeting a $500 million fund.
A trader accused of stealing $110 million in 20 minutes by scamming the Mango Markets cryptocurrency exchange will face a criminal trial in New York on Dec. 4.
The jump in used-car costs that propped up US inflation last month is widely expected to swing into reverse in June, finally delivering a slowdown in one of the most-watched price gauges.
After evacuating more than 67,000 people before a severe cyclone makes landfall, the country has warned another round of extreme weather events are likely this monsoon.
The Bank of England has agreed to an external review of its forecasting process after failing to anticipate the scale of the current inflation shock.
The New York author who won a $5 million sexual abuse trial against Donald Trump was allowed to expand an earlier defamation lawsuit to add remarks he made about her on a CNN town hall and seek at least $10 million more in damages.
