Business

Regulator mulls compensation for financial institution scams

Picture copyright Thinkstock “Good progress” has been made on defending shoppers from authorised push fee (APP) scams – the place persons are tricked into sending cash to a fraudster – a regulator has mentioned. The Fee Methods Regulator (PSR) mentioned progress was being made “throughout a variety of initiatives”. The PSR is now consulting on learn how to ship a scheme that may see victims of scams reimbursed. Its report

Primark owner Associated British Foods sees profits jump

Image copyright Press Association Associated British Foods (ABF) said its annual profits surged, buoyed by growth at its Primark clothing chain and a recovery in its sugar businesses. The food-to-fashion group said adjusted operating profit rose 22% to £1.36bn in the year to 16 September, with group revenues up 15% at £15.4bn. With more than 60% of ABF’s sales and profits generated outside the UK, the results benefited from a

Regulator mulls compensation for financial institution scams

Picture copyright Thinkstock “Good progress” has been made on defending customers from authorised push cost (APP) scams – the place persons are tricked into sending cash to a fraudster – a regulator has stated. The Cost Techniques Regulator (PSR) stated progress was being made “throughout a variety of initiatives”. The PSR is now consulting on learn how to ship a scheme that might see victims of scams reimbursed. Its report

Regulator mulls compensation for financial institution scams

Picture copyright Thinkstock “Good progress” has been made on defending customers from authorised push fee (APP) scams – the place individuals are tricked into sending cash to a fraudster – a regulator has stated. The Fee Methods Regulator (PSR) stated progress was being made “throughout a variety of initiatives”. The PSR is now consulting on learn how to ship a scheme that will see victims of scams reimbursed. Its report

Qatar Airways buys close to 10% Cathay Pacific stake

Picture copyright Getty Pictures Qatar Airways will purchase a close to 10% stake of Cathay Pacific for HK$5.6bn ($662m; £506m), giving the Center Jap airline extra entry to China’s profitable aviation market. Cathay Pacific shares misplaced floor in Hong Kong on Monday following the deal. It is the primary identified funding by a Center Jap airline into an east Asian provider. China is the world’s quickest rising aviation market and

Trump lashes out at ‘unfair’ Japan commerce ties

Picture copyright AFP US President Donald Trump has lashed out at Japan over commerce and mentioned he would push for a fairer financial relationship between the 2 nations. Talking to enterprise leaders in Tokyo on Monday he mentioned Japan “has been profitable” on commerce in current many years. He additionally known as on Japan to construct extra automobiles in America, a declare at odds with business information on manufacturing. Mr

Qatar Airways buys close to 10% Cathay Pacific stake

Picture copyright Getty Photographs Qatar Airways will purchase a close to 10% stake of Cathay Pacific for HK$5.6bn ($662m; £506m), giving the Center Japanese airline extra entry to China’s profitable aviation market. Cathay Pacific shares misplaced floor in Hong Kong on Monday following the deal. It is the primary identified funding by a Center Japanese airline into an east Asian service. China is the world’s quickest rising aviation market and

Trump lashes out at ‘unfair’ Japan commerce ties

Picture copyright AFP US President Donald Trump has lashed out at Japan over commerce and stated he would push for a fairer financial relationship between the 2 nations. Chatting with enterprise leaders in Tokyo on Monday he stated Japan “has been profitable” on commerce in current a long time. He additionally known as on Japan to construct extra vehicles in America, a declare at odds with business knowledge on manufacturing.

Qatar Airways buys close to 10% Cathay Pacific stake

Picture copyright Getty Pictures Qatar Airways will purchase a close to 10% stake of Cathay Pacific for HK$5.6bn ($662m; £506m), giving the Center Jap airline extra entry to China’s profitable aviation market. Cathay Pacific shares misplaced floor in Hong Kong on Monday following the deal. It is the primary recognized funding by a Center Jap airline into an east Asian service. China is the world’s quickest rising aviation market and

Trump lashes out at ‘unfair’ Japan commerce ties

Picture copyright AFP US President Donald Trump has lashed out at Japan over commerce and mentioned he would push for a fairer financial relationship between the 2 nations. Talking to enterprise leaders in Tokyo on Monday he mentioned Japan “has been successful” on commerce in latest many years. He additionally referred to as on Japan to construct extra vehicles in America, a declare at odds with business knowledge on manufacturing.