World

Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K. Nikolas Kokovlis | Nurphoto | Getty Images LONDON — More startups are being spun out of Swedish digital payments firm Klarna than any other financial technology unicorn in Europe, according to a new report from venture capital firm Accel. Accel’s “Fintech …

Aaron P | Bauer-Griffin | GC Images | Getty Images HSBC on Tuesday unveiled a new geographic setup and consolidated its operations into four business units, amid a key overhaul that delivered the lender’s first female finance chief. The bank’s shares were flat in early London trade Tuesday. The U.K.-listed stock is up more than 6% over the year-to-date. As part …

Bank of England in the City of London on 8th October 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — The U.K. is likely to see interest rates drop at a faster pace than previously expected, according to economists who flagged key data releases that indicated inflationary pressures are finally easing. However, the Labour …

Rosé of K-pop girl group BLACKPINK smiles during an event to promote her film ‘Born Pink’, marking the group’s eighth anniversary, in Seoul on August 9, 2024.  Anthony Wallace | Afp | Getty Images Shares of South Korean media company YG Plus soared to a seven month high after the release of a collaboration track between Blackpink member Rosé and …

MUMBAI, MAHARASHTRA, INDIA –  Hyundai cars seen parked outside the Hyundai showroom in Mumbai. Sopa Images | Lightrocket | Getty Images Hyundai Motor India was set to start trading Tuesday in the country’s two major stock markets after a $3.3 billion initial public offering, the country’s largest-ever by amount raised. The automaker had offered 142.19 million shares at a price …

Hello there! The UEFA Champions League is back this week with another round of fascinating fixtures, but before that, Europe’s top clubs kept things interesting over the weekend. I’m Pardeep Cattry with the latest. 📺 Footy fix All times U.S./Eastern Monday, Oct. 21🏴󠁧󠁢󠁥󠁮󠁧󠁿 PL: Nottingham Forest vs. Crystal Palace, 3 p.m. ➡️ USA Network Tuesday, Oct. 22🇪🇺 UCL: AC Milan …

I’m proud to call the tiny sugarcane farming community of Ingham, Australia, my hometown. It boasts blue skies, sandy beaches and Australia’s longest single-drop waterfall. But its location — at the northern end of the state of Queensland — is a problem for me. Lured by the desire to explore Europe, I left for London 17 years ago, on a …

The UEFA Champions League returns Tuesday with another batch of high-stakes games – and an equally high-profile series of redemption arcs waiting to be crafted. Bayern Munich’s trip to Barcelona on Wednesday headlines the action on Matchday 3, a narrative-heavy matchup that includes a chance for Barcelona’s Hansi Flick and Robert Lewandowski to face their former club. These teams, though, …

Moldovan citizens living in Moscow are seen queuing to vote at a polling station during the 2024 Moldovan elections in Moscow, Russia on October 20, 2024. Moldovans headed to the polls on Sunday for a presidential election and a referendum on EU membership with the votes being held under the shadow of the ongoing struggle between the West and Russia …

Getty Images After losing both games of their UEFA Champions League’s 2024-25 campaign so far, AC Milan need a reaction at San Siro when on Tuesday they will host Club Brugge for Matchday 3 of the league phase. Paulo Fonseca’s side need to win to change their status in the table, as they are one of the few sides with …