Sterling dives as Brexit talks hang in the balance
The pound’s move lower comes amid escalating fears that U.K. and EU negotiators may fail to reach a deal before the end-of-year deadline.
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StanChart CEO Bill Winters says digital currencies’ widespread rollout is ‘absolutely inevitable’
Key Points Standard Chartered’s Bill Winters has said the creation and adoption of digital currencies is “absolutely inevitable.” The CEO told Singapore’s FinTech Festival the rollout would be led by …
Banks face two major risks in 2021, says CEO of Singapore’s largest bank DBS
DBS CEO talks about why customer experience matters in the banking industry Squawk Box Asia SINGAPORE — Global banks will be confronted by two major headwinds next year: rising defaults …
Read moreBanks face two major risks in 2021, says CEO of Singapore’s largest bank DBS
China hands out $3 million of digital yuan as JD.com becomes first online platform to accept it
The digital yuan, which is controlled and issued by the People’s Bank of China, is what’s known as a central bank digital currency (CBDC). The central bank calls its project …
Amusement park in Japan offers ferris wheel cubicles for stunning views while working remote
Amusement park in Japan offers ferris wheel cubicles for stunning views while working remote As the coronavirus pandemic drags on, and people around the world brace for many more months …
British prepare for first COVID-19 vaccine after successful approval
CBS News senior foreign correspondent Elizabeth Palmer reports from London on the global toll of the coronavirus pandemic and preparations for a vaccine in the U.K.
One year later: A look at Wuhan, the coronavirus pandemic’s ground zero
One year later: A look at Wuhan, the coronavirus pandemic’s ground zero One year ago in December 2019, the fist symptomatic cases of COVID-19 were reported in Wuhan, China. As …
Read moreOne year later: A look at Wuhan, the coronavirus pandemic’s ground zero
Britain prepares to roll out COVID vaccine
Europe is slowly opening up, but it’s still implementing COVID-19 restrictions as the U.K. prepares to roll out a coronavirus vaccine. Elizabeth Palmer reports.
Brexit talks reach critical point as UK says chances of deal are receding
Michel Barnier, European Union (EU) chief negotiator, departs from his hotel to attend Brexit talks in London, U.K. Bloomberg | Bloomberg | Getty Images LONDON — The U.K. and European …
Read moreBrexit talks reach critical point as UK says chances of deal are receding
Egypt frees civil rights leaders, Scarlett Johansson gets the thanks
Cairo — Three senior staff members of a prominent Egyptian civil rights organization were released suddenly on Thursday night as their detention on terrorism charges drove a mounting outcry from …
Read moreEgypt frees civil rights leaders, Scarlett Johansson gets the thanks