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Finance

The latest published reporting in this category.

Crypto

Deutsche Bank Brings Bitcoin Custody Into Its Institutional Banking Empire

Germany’s largest lender, Deutsche Bank, has officially launched its digital asset custody service for institutional clients across Europe, bringing bitcoin, ether, and regulated stablecoins into its banking infrastructure. The Nov. 11 debut marks another significant step toward integrating cryptocurrency services into traditional finance (TradFi). The TradFi giant’s launch follows years of preparation, regulatory scrutiny, and […]

Bitcoin.com News
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Crypto

Fed December Rate Hike Could Reach 50 Basis Points, Bank of America Warns

Bank of America has warned that the Federal Reserve could raise interest rates by 50 basis points in December. The warning follows hotter-than-expected October inflation data, although the bank still expects a smaller 25-basis-point increase. Ad Ad Bank of America Sees Risk of 50 Basis Point Fed Rate Hike Bank of America economist Stephen Juneau The post Fed December Rate Hike Could Reach 50 Basis Points, Bank of America Warns appeared first on CoinGape.

CoinGape
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Finance

Air traffic control boss says he was ‘most disliked person in the UK’ after flight chaos

Nats chief says he ‘quite enjoyed’ ignoring calls from Ryanair CEO to quit over system outages in September The boss of Nats has said he was “the most disliked person in the UK” after air traffic control systems failed twice in September, disrupting flights for hundreds of thousands of passengers. He told an aviation industry conference: “My name is Martin Rolfe, I’m the CEO of Nats – or as I like to think of myself, the most disliked person in the UK in September.” Continue reading...

The Guardian
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Finance

Diesel still costing close to a ‘dismal’ £2 a litre despite oil price falls

Pump prices stay stubbornly high as leading bank official warns energy costs are likely to remain ‘elevated’ The price of diesel on UK forecourts remains stubbornly close to October’s record high of £2 despite a sharp fall in oil prices. A litre costs an average of 197p, according to the AA, which described the situation as “dismal”. By contrast, petrol has fallen 6p to 168p from the peak of 174.7p in early October. That was the highest level since August 2022. Continue reading...

The Guardian
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