business news

France’s biggest lender says there are ‘too many’ European banks as UniCredit moves on Commerzbank

France’s BNP Paribas on Thursday said there are simply too many European lenders for the region to be able to…

Swiss central bank cuts rates by a quarter point in third trim this year

The Swiss National Bank on Thursday took a third step to loosen monetary policy this year, bringing its key interest…

Klarna partners with fellow fintech Adyen to bring buy now, pay later into physical stores

Swedish firm Klarna is partnering up with Dutch payments fintech Adyen to bring its popular buy now, pay later service…

UniCredit’s pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union

European banking’s latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc’s incomplete banking…

Eric Adams indictment unsealed: New York mayor charged in campaign contribution scheme

A federal indictment charging New York City Mayor Eric Adams with a decade-long campaign contribution scheme, bribery and other crimes…

Trump says Zelenskyy insulted him; House GOP to probe Ukraine leader’s PA trip

House Oversight Chair James Comer is opening an investigation into Ukrainian President Volodymyr Zelenskyy’s Sunday visit to an ammunition factory…

Nikki Haley campaigners endorse Harris as GOP former governor backs Trump

Several former state campaign committee members on Nikki Haley’s failed presidential bid have endorsed Democratic nominee Kamala Harris, publicly breaking…

FTC cracks down on DoNotPay, others for ‘deceptive AI claims and schemes’

The Federal Trade Commission on Wednesday announced a crackdown on what the regulator called “deceptive AI claims and schemes” by…

Secret Service agent under investigation for alleged sex assault on Harris aide

The U.S. Secret Service is investigating allegations that one of its agents sexually assaulted a female staff member of the…