Hot Off The Wires - 9th July 2021
Britain’s final bill for leaving the EU is £40.8bn, according to accounts filed in Brussels, a greater sum than previously forecast.
ECB has set a new 2% inflation target and said it could tolerate temporary moves beyond that point, allowing policymakers flexibility to keep interest rates at historic lows for longer.
Oil groups are racking up billions of dollars in hedging losses despite soaring crude prices, as contracts signed last year leave them selling their output at deeply discounted prices.
HSBC chairman has been accused of prioritising profit over upholding international law by a coalition of senior politicians after he refused to discuss calls for the bank to unfreeze the assets of Hong Kong activists.
China’s internet regulator requested multiple changes to the mapping function of ride-hailing group Didi’s app before its US listing, fearing it could reveal sensitive government locations.
In Greek mythology, who flew too close to the Sun?