Category: Risks

  • Red tape risks turning city into ‘graveyard’, warns Bank of England official

    Sam Woods, chief executive of the Bank of England’s Prudential Regulation Authority, warned that excessive regulation could turn the City of London into a “graveyard” by stifling innovation and risk-taking. Speaking at the city’s annual banquet at the Mansion House, Woods warned that although financial regulation is essential for stability,…

  • Hidden risks of being poached by rival firm

    Today’s tough economy offers little choice in terms of career growth opportunities. So reaching out to a competitor can feel like an affirmation of your hard work and expertise. The allure of better pay, increased responsibilities, and the promise of a promotion can be tempting, but the excitement of a…

  • Hidden risks of being poached by rival firm

    Today’s tough economy offers little choice in terms of career growth opportunities. So reaching out to a competitor can feel like an affirmation of your hard work and expertise. The allure of better pay, increased responsibilities, and the promise of a promotion can be tempting, but the excitement of a…

  • TikTok was aware of risks kids and teens face on its platform, legal document alleges

    Breadcrumb links PMN BMN Business Article writer: Associated Press Hallelujah Hadero Posted on October 11, 2024 • Last updated 6 minutes ago • 5 minute read You can save this article by registering for free here. Or log in if you have an account. FILE – The icon of the…

  • TikTok was aware of risks kids and teens face on its platform, legal document alleges

    Breadcrumb links PMN BMN Business Article writer: Associated Press Hallelujah Hadero Posted on October 11, 2024 • Last updated 6 minutes ago • 5 minute read You can save this article by registering for free here. Or log in if you have an account. FILE – The icon of the…

  • UK risks losing AI leadership without a national data strategy, experts warn

    The UK risks losing its leadership position in artificial intelligence (AI) without a clear national data center strategy, a major player in the sector has warned. Data centers, essential for running cloud computing and artificial intelligence applications, are becoming central to the digital economy. However, without a coherent plan, the…

  • Asia shares fall, oil set for weekly gains on Mideast risks By Reuters

    By Ray Wee SINGAPORE (Reuters) – Asian stocks fell on Friday while oil prices headed for their biggest weekly gain in more than a year, as rising tensions in the Middle East kept markets on edge ahead of the U.S. jobs report due later in the day. US President Joe…

  • Businesses backed by private equity face heightened default risks, warns Bank of England

    The Bank of England has warned that companies owned or backed by private equity firms are at greater risk of default than other large companies. According to new research, these companies are more vulnerable to financial instability, especially when compared to companies that rely primarily on traditional lenders such as…

  • Stellantis recalls 194,000 Jeep plug-in hybrids over fire risks By Reuters

    WASHINGTON (Reuters) – Stellantis (NYSE:) said on Monday it was recalling 194,000 Jeep hybrid electric SUVs to address fire risks after 13 fires were reported, and asked owners to park their vehicles outside and away from other vehicles until repairs to the recall are completed. . . The Italian-American automaker…

  • Regional elections risks may impact EUR, warns Citi By Investing.com

    Citi has highlighted the potential for increased political risk in Europe as German regional elections begin on September 1. According to the Citi Economics Europe report, the elections could lead to major shifts in regional politics, potentially destabilizing the national coalition, changing national fiscal policies, and reorienting Germany’s policies within…

  • China EV maker Xpeng considers Europe factory in areas with ‘low labor risks’

    Xpeng Inc. is looking for a manufacturing site in Europe, making it the latest Chinese electric vehicle maker to seek to mitigate the impact of import tariffs by building its vehicles in the region. Volkswagen AG’s Chinese partner is in the early stages of selecting a site in the European…

  • Currencies tread water as Middle East risks temper rate cut optimism By Reuters

    Written by Ray Wee SINGAPORE (Reuters) – The dollar edged up on Tuesday and major currencies traded sideways as lingering concerns over tensions in the Middle East partly overshadowed investor optimism about an imminent U.S. interest rate cut. Geopolitical risks kept early currency moves subdued, although fears of an escalation…

  • Ethereum Co-Founder Identifies Top Risks Facing Tech Today

    Vitalik Buterin, one of the co-founders of Ethereum, has sounded the alarm about several emerging threats to technological freedoms, and thus a number of the cryptocurrency community’s core values. In a blog post, Buterin warned of political attacks on encrypted messaging, centralized identity systems, insecure operating systems, and the growing…

  • Ethereum Co-Founder Identifies Top Risks Facing Tech Today

    Vitalik Buterin, one of the co-founders of Ethereum, has sounded the alarm about several emerging threats to technological freedoms, and thus a number of the cryptocurrency community’s core values. In a blog post, Buterin warned of political attacks on encrypted messaging, centralized identity systems, insecure operating systems, and the growing…

  • This is how to hedge against higher geo-economic risks: Citi By Investing.com

    In light of rising geopolitical tensions and increasing uncertainty about economic policy, Citi Research has updated its Geo-Economic Risk Premium (GRP) model to provide strategic guidance to investors. Citi’s GRP model, which measures the discount rate applied to global equities due to geopolitical and economic risks, has shown a significant…

  • 3 risks that investors should watch for the second half By Investing.com

    As we head into the second half of 2024, investors face a landscape of volatility and uncertainty. While the turmoil surrounding the yen trade may have subsided, other risks remain. These risks, if realized, could disrupt markets and change investment strategies. Macquarie analysts have identified three key risks that investors…

  • Former executive risks 40 years in prison after allegedly doling out cash bribes at hotels, airports, and in a parking lot

    Former Vitol oil trader Javier Aguilar faces up to 40 years in prison and will forfeit more than $7.1 million in two U.S. bribery cases after pleading guilty in federal court. Aguilar, 50, had already been convicted in Brooklyn, New York, in February of orchestrating a complex scheme to bribe…

  • China automaker lobby warns of enormous risks and uncertainty from EU tariffs on EVs

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • BofA notes more balanced G10 FX positioning, flags risks By Investing.com

    Bank of America (BofA) provided insights into the current state of G10 FX positions, noting that they are more balanced than at the end of Q2. However, the bank also highlighted some continued weaknesses, particularly in hedge funds’ long positions in US dollars. According to Bank of America, demand for…

  • Rising Prices, Rising Risks: Crypto Hacks Skyrocket To $1.6 Billion, Report

    Cryptocurrency investors and platforms face a growing threat as the value of cryptocurrency hacks nearly doubled in the first seven months of 2024, reaching $1.6 billion, According to According to a new report from blockchain analytics firm Chainalysis. Cryptocurrency Theft Will Rise Dramatically in 2024 While the monetary value of…