Fintech start-up TransferWise is set to launch an investments feature

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Fintech start-up TransferWise is set to launch an investments feature

TransferWise says it has received permission from the U.K.’s Financial Conduct Authority to deal in investments. The money transfer start-up says it expects to launch its first investing feature in the next 12 months. It now has 8 million users globally and …
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Government unemployment insurance payments skyrocket in June

The federal government paid out more in unemployment insurance benefits in June than it has in any other month since the onset of the coronavirus pandemic. Continue Reading Below. Unemployment insurance benefits totaled $108.4 billion for the month, …
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FedEx reports a loss, but revenue tops Street expectations

FedEx Corp. flipped to a $334 million loss in its fiscal fourth quarter, but its revenue and adjusted profit beat Wall Street expectations as the virus pandemic continues to fuel a boom in online shopping. Support our journalism. Subscribe today. FedEx’s stock …
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Norges Bank Adopts Bloomberg Trading System for Government Securities

Bloomberg's E-Bond system offers authorized market participants a consolidated marketplace with a complete set of electronic trading tools supporting
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Lookers fraud probe reveals £19m accounts 'black hole' amassed over several years

… from overstated supplier bonuses, fraudulent expenses claims and the inconsistent application of policies, processes and accounting standards.
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