Westpac and ASIC in Fight Over Responsible Lending

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The Australian Securities and Investments Commission (ASIC) and Westpac are in a fight over responsible lending conditions. The conflict between the two parties is...

Facebook Bans Alex Jones and Host Louis Farrakhan

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The social media giant Facebook announced last Thursday, May 2, that the platform is banning ‘extremist leaders’ including Alex Jones, Paul Nehlen, Milo Yiannopoulos,...

US Fintech Startup Divvy Secures $200-Million Funding

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Divvy has earned a $200-million funding from venture capital firms, according to news reports. TechCrunch said that the US-based fintech startup whose business is to...

China Central Bank to Slash Reserve Requirement for Certain Banks

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The People's Bank of China (PBOC), the country's central bank, recently announced it would slash the reserve requirement ratios (RRRs) for small and medium-sized...

Norway’s Wealth Fund Increased by $84 Billion

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Bloomberg reveals that Norway’s $1 trillion wealth fund has significantly made a jump with an increase amounting to $84 billion, just within the first...

Ontario Uber Eats Slated to Provide Insurance for Bikers

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Online food ordering and delivery company Uber Eats revealed that it will be offering insurance policies to some of its couriers in Ontario, says...