Banks & Stock Exchanges
Latest articles and news in Banks & Stock Exchanges
Banks & Stock ExchangesBinance says it covered 90% of $6.3 billion hack losses
By Karim Hammam Binance says it has replenished 90% of the $6.3 billion in cryptocurrency stolen in a recent h...
Banks & Stock ExchangesBinance Covers 90% of $6.3bn Hack Losses, Aims to Resume Withdrawals
By Fatma Younis Binance, the world's largest cryptocurrency exchange, said on Saturday it has covered 90% of t...
Banks & Stock ExchangesUK Premium Bonds October Draw Date and Prize Checker
By Islam El-Sakka More than 22 million savers hold UK Premium Bonds, with over £137 billion invested in the go...
Banks & Stock ExchangesBinance $6.3 Billion Hack: Customer Protections Examined
By Karim Hammam A $6.3 billion hack at cryptocurrency exchange Binance has highlighted the limited protections...
Banks & Stock ExchangesTech Sell-Off Wipes Nearly $1 Trillion Off US Markets After Weak Earnings
By Salma El-Sakka US markets tumbled Friday as a sell-off in technology stocks intensified following disappoin...
Banks & Stock ExchangesFTSE 100 Rises Slightly as Tech Slump Hits Wall Street
By Islam El-Sakka London's FTSE 100 closed marginally higher on Friday while major US indices tumbled as conce...
Banks & Stock ExchangesBinance Freezes $3B in Record $6.3B Crypto Hack Tied to North Korea
By Salma El-Sakka Binance, the world's largest cryptocurrency exchange, has frozen approximately $3 billion of...
Banks & Stock Exchanges$2 Trillion Wiped Off Tech Stocks Amid AI Spending Fears
By Basant El-Faramawy The tech-heavy Nasdaq 100 is on track to erase more than $2 trillion in market value thi...
Banks & Stock ExchangesNatWest Reports £2.2 Billion Profit While Cutting 1,000 Jobs
By Fatma Younis NatWest Group has reported a pre-tax profit of £2.2 billion for the latest period, even as the...
Banks & Stock ExchangesUS tech stocks plunge on AI cost concerns
By Ahmed Abdelsalam US technology stocks fell sharply on Friday as investor concerns mounted over the rising c...
Banks & Stock ExchangesBinance Pledges $5 Billion to Cover $6 Billion Hack Losses
By Salma El-Sakka A record-setting cyberattack on Binance, the world's largest cryptocurrency exchange, has sh...
Intel Shares Plunge 25% as Alphabet Loses $500 Billion in Value
By Salma El-Sakka Intel's stock fell 25% after a massive wipeout in the valuation of Google's parent company A...
Banks & Stock ExchangesGoogle Stock Plunge and Binance Hack Shake Markets
By Ahmed Abdelsalam Financial markets faced twin shocks as Google shares suffered a historic decline amid conc...
Banks & Stock ExchangesNatWest cuts 1,000 jobs as AI drives efficiency and profits rise
By Basant El-Faramawy NatWest Group reported a 2 per cent increase in quarterly operating pre-tax profit to £2...
Banks & Stock ExchangesBinance Suffers $6.3bn Hack, Largest Crypto Theft Ever
By Karim Hammam Binance, the world's largest cryptocurrency exchange, has been hit by a $6.3bn hack believed t...
Banks & Stock ExchangesHow to Protect Your Money from Rising AI Cyberattacks
By Fatma Younis Cyberattacks are becoming more frequent and sophisticated, with artificial intelligence enabli...
Banks & Stock ExchangesHackers Steal $6.3 Billion from Binance in 20-Minute Heist
By Salma El-Sakka Hackers stole $6.3 billion from Binance, the world's largest cryptocurrency exchange, in a r...
Banks & Stock ExchangesNational Express Owner Mobico Agrees £308m Spanish Takeover
By Karim Hammam National Express parent company Mobico has agreed to a £308 million takeover by Spanish transp...
Banks & Stock ExchangesIntel shares plunge 25% after earnings miss; Alphabet loses $500bn
By Ahmed Abdelsalam Intel shares are set to fall 25% when U.S. markets open on Friday, wiping about $121.7 bil...
Banks & Stock ExchangesBinance $6.3bn Hack: Half Assets Frozen, North Korea Suspected
By Salma El-Sakka Binance, the world's largest cryptocurrency exchange, has been hit by a $6.3 billion hack, w...
Banks & Stock ExchangesNatWest Cuts 1,000 Jobs, Saves £420M in Efficiency Drive
By Sohaib Shams NatWest Group reported a 2% rise in quarterly operating pre-tax profit to £2.2 billion, driven...
Banks & Stock ExchangesNorth Korean Hackers Blamed for $6.3 Billion Binance Heist
By Karim Hammam Hackers stole $6.3 billion from Binance, the world's largest cryptocurrency exchange, in what ...
Banks & Stock ExchangesAsian Markets Mixed Amid AI Worries After Alphabet Drop
By Fatma Younis Asian shares traded mixed Friday as concerns over artificial intelligence's future grew follow...
Banks & Stock ExchangesBinance Hack Reports Prompt Tether, Circle to Freeze $1.5 Billion
By Salma El-Sakka Binance said Thursday it was investigating a “potential security issue” after a series of ve...
Banks & Stock ExchangesGoogle Stock Crashes, Wiping $500 Billion Amid AI Panic
By Karim Hammam Google's stock price plummeted in its largest single-day market crash, erasing approximately $...
Banks & Stock ExchangesAlphabet Shares Plunge 12% Wiping $500 Billion Amid AI Spending Concerns
By Salma El-Sakka Alphabet shares tumbled more than 12 percent on Thursday, wiping roughly $500 billion off th...
Banks & Stock ExchangesPolymarket Halts Trading Over Third-Party Security Breach
By Salma El-Sakka Polymarket temporarily halted trading on its international platform Thursday due to a securi...
Banks & Stock ExchangesEuropean Stocks Rise After ECB, Fed Hold Rates
By Salma El-Sakka European stocks rallied Thursday after the European Central Bank and Federal Reserve left in...
Banks & Stock ExchangesAlphabet Stock Plunges 12% on AI Fears, Erases $500 Billion
By Basant El-Faramawy Shares of Google parent company Alphabet sank more than 12% on Thursday, marking its wor...
Banks & Stock ExchangesHaleon Shares Slide After Sales Target Cut on Weak Cold, Flu Demand
By Karim Hammam Consumer healthcare group Haleon lowered its full-year sales guidance after weaker demand for ...
Banks & Stock ExchangesLloyds CFO Criticizes UK Bank Tax Rise Linked to Energy Bill Support
By Salma El-Sakka Lloyds Banking Group chief financial officer William Chalmers has criticized Chancellor John...
Banks & Stock ExchangesECB President Christine Lagarde to Resign Feb. 7, Nine Months Early
By Basant El-Faramawy European Central Bank President Christine Lagarde will step down on February 7, nine mon...
Banks & Stock ExchangesAlphabet Shares Drop 9% After Earnings Miss, $8.7 Billion Investment Loss
By Salma El-Sakka Alphabet Inc. shares fell sharply in after-hours trading Wednesday after the Google parent c...
Banks & Stock ExchangesLloyds CFO Criticizes Bank Tax Hike as Unhelpful to Growth
By Fatma Younis Lloyds Banking Group’s chief financial officer William Chalmers has described the government’s...
Banks & Stock ExchangesLloyds profits nearly double as higher rates boost income
By Karim Hammam Lloyds Banking Group reported a pre-tax profit of £2.3 billion for the third quarter, nearly d...
Banks & Stock ExchangesAsian Shares Mixed After Alphabet Earnings Disappoint
By Basant El-Faramawy Asian shares and U.S. futures traded mixed Thursday as Google parent Alphabet's disappoi...
Banks & Stock ExchangesAlphabet Misses Revenue Estimates, Stock Falls 9% After Hours
By Karim Hammam Alphabet Inc., the parent company of Google, reported third-quarter revenue that fell short of...
Banks & Stock ExchangesFederal Reserve Plans Fewer Rate Meetings, Chairman Says
By Salma El-Sakka The Federal Reserve plans to eliminate some interest rate-setting meetings starting next fal...
Banks & Stock ExchangesUK Budget Met with Market Calm as Focus Shifts to US Fed
By Sohaib Shams London's FTSE 100 closed slightly higher on Wednesday as investors digested Chancellor John He...
Banks & Stock ExchangesFed Holds Rates Steady Despite Rising Inflation
By Basant El-Faramawy The Federal Reserve voted Wednesday to keep interest rates unchanged, delivering its fin...
Banks & Stock ExchangesTembo launches 8% regular saver account
By Sohaib Shams Tembo has launched a new regular saver account offering an 8 per cent interest rate, the highe...
Banks & Stock ExchangesS4 Capital Shares Plunge 20% as Marketing Budgets Shift to AI
By Karim Hammam Shares in S4 Capital dropped around 20% on Wednesday after the advertising company warned that...
Banks & Stock ExchangesWendy's Receives $1.4 Billion Buyout Offer from Nelson Peltz
By Sohaib Shams Struggling burger chain Wendy's has received a buyout offer from activist investor Nelson Pelt...
Banks & Stock ExchangesGSK Shares Fall on Weak Vaccine Sales, Restructuring Charges
By Salma El-Sakka Shares in GSK tumbled on Wednesday, making the British drugmaker the biggest faller on the F...
Banks & Stock ExchangesChancellor Healey Set to Reverse ISA Allowance Cut to £12,000
By Ahmed Abdelsalam Chancellor John Healey is reportedly planning to reverse a decision to slash the annual In...
Banks & Stock ExchangesSantander UK Profits Fall 6% Despite TSB Acquisition Boost
By Karim Hammam Santander UK reported a 6% decline in pre-tax profit for the first nine months of 2026, despit...
Banks & Stock ExchangesAsian Stocks Rise on Wall Street Rally, Oil Edges Higher
By Fatma Younis Asian stocks were mostly higher Wednesday after an AI-driven rally on Wall Street lifted senti...
Banks & Stock ExchangesJio Platforms Soars 21% in Mumbai IPO, Hits $131.5B Valuation
By Salma El-Sakka Shares of Reliance Jio Platforms jumped 21 percent in their Mumbai stock market debut on Wed...