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Finance News
Suez Canal Blockage Holds Up $9.6 Billion in Daily Shipments
The grounded cargo ship Ever Given is forcing firms to reroute cargo from the Suez Canal for weeks to come.
Bank of England Unveils New Alan Turing £50 Note
The new banknote, featuring the pioneering mathematician and code-breaker Alan Turing, will enter circulation on 23 June.
BT to Pay Staff Special £1,500 COVID Bonuses
Nearly 60,000 BT employees will receive a bonus poyout, though the company-wide pay freeze will continue.
Revolut Applies for US Banking License
One of Europe’s biggest fintech success stories is gearing up to provide banking services in America.
Turkish Lira Crashes 14% as Erdogan Sacks Central Bank Governor
The surprise move on Saturday has sent Turkish equities and bonds into freefall.