Category: Articles

Shares in UK payments company Paysafe jumped 6.8% after it received a £2.9bn takeover approach from a group of private equity firms.Paysafe said a consortium containing Blackstone and CVC Capital Partners had made a 590p-a-share offer.The approach comes amid a wave of

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Bank of America has chosen Dublin as its new base to service EU clients as part of its Brexit contingency plans.It is the first US bank to confirm the Irish capital as its preferred site.Citigroup has picked Frankfurt as the base for its EU trading operations, and

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More than 20% of the Democratic Republic of Congo’s mining revenue is being lost due to corruption and mismanagement, a campaign group says.According to a Global Witness report, the money is being distributed through corrupt networks linked to President Joseph

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A £14bn class action lawsuit against Mastercard has been thrown out by the Competition Appeals Tribunal.The former financial ombudsman, Walter Merricks, had claimed that 46 million consumers had been overcharged by Mastercard over a 16-year period.But the court ruled

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Ah, the glamour of air travel.The early morning wake-up call, the nightmare journey to the airport on public transport laden with unwieldy suitcases. Your eventual arrival at an overcrowded and chaotic check-in, short-tempered and perspiring. If that rings an all too

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[unable to retrieve full-text content]Nairobi’s matatu taxis are inspiring its public bus network to embrace bold artwork. Source: BBC News

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Lloyds Banking Group has said it is close to offering compensation to 30 customers caught up in a criminal conspiracy involving former bankers at its HBOS subsidiary. The bank has already missed its own deadline of 30 June for paying redress to all victims. So far,

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