Starling Bank fined £29 million over for inadequate financial crime controls

President Trump announced on Tuesday his plan to impose a 10 percent tariff on Chinese imports starting Feb. 1, citing China's role in the fentanyl crisis as the reason behind the decision. This move is expected to escalate trade tensions between the two largest economies in the world. The President also threatened to impose a 25 percent duty on imports from Canada and Mexico for allegedly allowing fentanyl and illegal immigrants to enter the United...

Donald Trump did not impose new trade tariffs on the first day of his second term, but outlined an "America First Trade Policy" focusing on remedying unfair trade practices and identifying currency manipulators. The president pledged tariffs in the near future, prioritized actions on Canada and Mexico, and signaled a systematic overhaul of trade relations with China. Trump also weaponized tariffs to achieve policy goals beyond reducing trade deficits and considered implementing a "global supplemental...

Opinions expressed by Entrepreneur contributors are their own, emphasizing the importance of managing multi-generational teams effectively by prioritizing respect, setting clear expectations for tech use, matching tech to tasks, recognizing different work styles, creating a two-way feedback loop, building trust, embracing AI tools, using conflict to innovate, and leading by example. It is essential to focus on what each individual can contribute, prioritize communication and flexibility, and remember that all team members want to feel...

Wage growth in the UK reached 5.6% in the three months leading up to November 2024, indicating more money for workers but raising concerns about inflation. The Bank of England closely monitors UK labor market strength, as it is a key indicator for the economy. Data from the Office for National Statistics showed an increase in wages despite a decrease in available jobs, with average weekly earnings up 5.6%. However, rising unemployment and other factors...

A year ago, India was rebounding from a Covid-induced recession, boasting of being the world's fastest-growing major economy and surpassing China in population. However, recent setbacks have seen the economy slow down, with the stock market erasing gains, the rupee falling against the dollar, and overseas investors exiting. Challenges include lack of demand, stagnant wages, and the government's struggle to address economic issues, with hopes pinned on potential tax cuts in the upcoming budget to...

President Trump announced plans to impose a 25 percent tariff on products from Canada and Mexico on Feb. 1, while considering levies on most American imports, as he directed federal agencies to review U.S. trade policies by spring. The executive order also included investigations into unfair trade practices, currency manipulation, and technology controls, with a focus on addressing trade deficits and potential national-security-related tariffs. Mr. Trump's advisers argue that tariffs can benefit U.S. factories and...