General News
FCA cracks down on 'dysfunctional' overdraft market
The City regulator has announced a clampdown on overdraft charges to fix a "dysfunctional" £2. 4bn market that punishes vulnerable customers.
US and China agree to trade truce ahead of G20 meeting, says report
The United States and China have agreed to a trade truce ahead of a meeting between the leaders of the two nations at the G20 summit in Osaka this weekend, according to a joint report from Politico and the South China Morning Post on Thursday.
Chinese hackers compromised eight tech services giants, Reuters says
Cyber-criminals working for China's Ministry of State Security have broken into the networks of eight of the world's largest technology businesses in order to raid them for secret client information, according to a report from Reuters.
Former Barclays CEO John Varley acquitted of fraud charges
Former Barclays chief executive John Varley was acquitted by a London appeals court on Friday of charges of conspiracy to commit fraud by false representation.
US releases footage 'showing Iran removing mine from tanker'
The US military released video footage it claimed showed an Iranian military patrol boat approach one of two tankers attacked in the Gulf of Oman on Thursday as tensions increased in the region over the incident and oil prices rose.
London Metal Exchange bans booze in working hours
The London Metal Exchange has banned traders from drinking during working hours as the exchange tries to shed its reputation for boozy, sexist behaviour.
Stevenage FC flogging shares to fund promotion bid
Fourth-tier English football club Stevenage FC confirmed on Wednesday that it will give fans and investors the opportunity to buy shares in the club as part of an ambitious plan to chase promotion.
Johnson warns Brexit delays open door for Labour govt
Boris Johnson started his Conservative leadership campaign on Wednesday with a warning that delaying Brexit beyond October 31 would result in the defeat of the government.