
Bitcoin Group: taking steps against money-laundering, terrorist financing
BERLIN Germany's Bitcoin Group said on Wednesday it was taking measures to improve its internal control system, after
1970-01-01 08:00

Signa Files for Insolvency as Cash Crunch Fells Luxury Empire
Tycoon Rene Benko’s Signa filed for insolvency after a last-ditch attempt to raise emergency funding failed, making the
1970-01-01 08:00

Disney’s Failing ‘Wish’ Shows Iger Also Has a Princess Problem
Walt Disney Co.’s Wish was supposed to celebrate the 100th anniversary of the company that invented animated princess
1970-01-01 08:00

Wall Street Expects European Stocks to Trail US Peers Again
Warnings about the glum outlook for European equities next year are growing, with strategists at JPMorgan Chase &
1970-01-01 08:00

HSBC CEO Says Bonuses Should Remain ‘Sensible’ Even Without Cap
HSBC Holdings Plc Chief Executive Officer Noel Quinn said the UK’s move to scrap the cap on bankers’
1970-01-01 08:00

Pension withdrawals by residents leaving Hong Kong in Q3 up 1.7% on year
HONG KONG Residents leaving Hong Kong for good withdrew a total of HK$2.213 billion ($283.72 million) from their
1970-01-01 08:00

German GDP to expand in 2024, but court ruling could lower growth - OECD
BERLIN The German economy is projected to grow by 0.6% in 2024 and 1.2% in 2025, after contracting
1970-01-01 08:00

Global growth to slow but avoid a hard landing - OECD
By Leigh Thomas PARIS The global economy will slow slightly next year but the risk of a hard
1970-01-01 08:00

The world economy will slow next year because of inflation, high rates and war, OECD says
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates
1970-01-01 08:00

OECD Warns Global Economy Risks Losing Momentum
The world’s advanced economies are heading into a deepening slowdown as markedly higher interest rates take a hefty
1970-01-01 08:00

Rising Taxes to Squeeze UK Living Standards for Longer, OECD Says
Rising taxes mean UK households face several more years of falling living standards even though inflation is coming
1970-01-01 08:00

Lewis Hamilton reveals frustration at F1 season: ‘I asked Mercedes for changes and they weren’t done’
Lewis Hamilton has revealed that Mercedes did not make changes to their car that the seven-time world champion asked for ahead of the 2023 season. Hamilton again endured a frustrating campaign as his search for a record eighth title continues, with the 38-year-old now without a race win in more than two years. While the British driver fought back from a slow start to finish an eventual third in the Drivers’ Championship standings, Mercedes were largely unable to challenge Red Bull’s dominance at the top. It followed an uneven year in 2022 that saw the team plagued with problems, and Hamilton has now confirmed that his request that changes be made to their vehicle ahead of this year’s campaign was ignored. Problems were evident from the very first grand prix of the season in Bahrain, with Hamilton revealing that he had to have “big, big talks” with Mercedes after the race. “I’m sure there were frustrations, because I had asked for certain changes, and they weren’t done,” Hamilton recalled in an interview with the BBC. “No-one knew exactly what the problem was. No-one knew how to fix it. “Having the experience of the previous year [2022], I just applied myself, in terms of digging down, sitting with the guys. We were having much better meetings. “I was able to stay a lot more positive during the year and be like: ‘It’s going to be a long season, but let’s not give up. Let’s keep pushing towards getting the maximum out of the car, whatever that may be.’ “I think for this year they thought: ‘The fundamentals are good and we just have to go here.’ And it was not the case. That’s why I was frustrated in February, because they hadn’t made the changes I’d asked for.” Hamilton secured pole position only once across the 2023 season. A third consecutive world title was secured by Max Verstappen, who has been clear at the top ever since pipping the Brit to a maiden crown in Abu Dhabi in 2021. The Dutchman ascended to a new level of ascendancy over the rest of the field this season, recording 19 wins in 22 races, including ten consecutive victories between the Miami Grand Prix and Italian Grand Prix. But Hamilton does not believe that Verstappen even had to work that hard for his title. “You can go through the lap times and some of the data from Max; he is just chilling at the front more often than not,” Hamilton said of his old rival. “I don’t think he has broken a sweat during the year. “Even when we were chasing him in Austin, I don’t think he was sweating. I think he was just able to control it. And when you are in that position where you have performance and can back off, the car goes further. The tyres go longer and you are in a sweet spot and it is amazing to be in that place. “Ultimately, [Red Bull] have done an amazing job and worked and deserve it.”
1970-01-01 08:00