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☆ HSBC reportedly asks middle managers to reapply for jobs as layoffs loom
▼ + stars: | 2024-11-18 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

AdvertisementHSBC has reportedly asked some managers to reapply for their jobs as part of a cost-cutting restructure. Bloomberg reported Monday that hundreds of senior staff will likely lose their jobs. HSBC has asked some managers to reapply for their jobs in its newly created corporate and institutional banking division as part of a cost-cutting drive, Bloomberg reported. The biggest change announced was the simplification of HSBC's structure, creating Eastern and Western arms to manage its global operations. He previously told staff in October that they should expect job cuts following the announcement of the revamp, Reuters reported at the time, citing an internal memo.

Persons: Georges Elhedery, Elhedery Organizations: HSBC, Bloomberg, Business Insider, Business, Reuters Locations: Asia, Pacific, Americas, London

☆ I raised my kids across 5 countries before they turned 10. Now, we're going through reverse culture shock in Minnesota.
▼ + stars: | 2024-11-17 | by ( Kate Stockinger | ) www.businessinsider.com time to read: +4 min

The couple raised their two daughters in five cities across four continents before deciding to settle in Minnesota. AdvertisementIn Minnesota, new kids rarely show up, and when they do, they're usually coming from nearby. My family moved to Minnesota in July, and it's taking time for my two daughters and me to settle down. Over the next 10 years, we had two daughters, moved five times, and lived in five cities across four continents. We are proud that our kids started their lives as global citizens and hope to continue their experience by enjoying family vacations once we have our feet firmly on the ground.

Persons: Kate Stockinger, Freya, I've, she'd, Andy, —, it's Organizations: Big Apple, Target Locations: New York, Minnesota, India, Egypt

☆ Wegovy/Mounjaro: The UK thinks weight loss drugs could ease unemployment. Experts say that’s a fantasy
▼ + stars: | 2024-11-17 | by ( Lauren Kent | ) edition.cnn.com time to read: +8 min

London CNN —Weight loss drugs such as Wegovy and Ozempic have been hailed worldwide as revolutionary for medicine. Additional measures to prevent obesity in the first place are desperately needed, health experts say. Part of that new thinking is exploring weight loss drugs. The OHA has crunched the numbers on existing weight loss drugs like Wegovy, the brand name for the appetite suppressant semaglutide. “There is no such thing as a silver bullet for obesity,” the Obesity Health Alliance emphasized.

Persons: Wes Streeting, Streeting, Eli Lilly, It’s, Keir Starmer, ”, Alfred Slade, suppressant, ” Slade, “, it’s, Tom Little, prioritization, Jack Doughty, Martin White, ” White, White Organizations: London CNN, National Health Service, The Telegraph, Survey, British, Obesity Health Alliance, OHA, CNN, Reuters, Diabetes UK, NHS, of Health, Social Care, University of Cambridge Locations: United Kingdom, England, Novo Nordisk's, Denmark, sodas

☆ Biden authorizes Ukraine to use powerful ATACMS to strike inside Russia
▼ + stars: | 2024-11-17 | by ( Katie Balevic | Jake Epstein | ) www.businessinsider.com time to read: +2 min

AdvertisementPresident Joe Biden will allow Ukraine to strike Russia with US-provided long-range missiles. The US previously restricted Ukraine from striking Russia with the powerful ATACMS. President Joe Biden has authorized the use of powerful, US-provided long-range missiles for Ukraine to strike inside Russia, according to multiple reports. Biden's decision will allow Ukraine to train its sights on some 245 Russian targets using ATACMS. Beyond the US-provided missiles, Kyiv also fields long-range cruise missiles that the UK and France provided.

Persons: Joe Biden, Donald Trump's, Volodymyr Zelenskyy, Biden, Zelenskyy Organizations: Army Tactical Missile Systems, New York Times, Kyiv's, ATACMS, Military, The Defense Department, White House National Security Locations: Ukraine, Russia, North Korea, Russia's Kursk, Sunday, Kursk, Kyiv, Russian, United States, France

☆ King Arthur left an ancient trail across Britain. Experts say it offers clues about the truth behind the myth
▼ + stars: | 2024-11-16 | by ( Julia Buckley | ) edition.cnn.com time to read: +19 min

Today, he is best associated with Tintagel Castle, where remains of a settlement dating back to the fifth century perch strikingly on an islet off the wild coast of Cornwall. Bettmann Archive/Getty ImagesFor Stoyle, it’s likely that the myth of Arthur has at least its roots in fact. This Arthur was played by Clive Owen in the 2004 film, “King Arthur,” alongside Keira Knightley as Guinevere. The sixth-century “Artognou stone," discovered in 1998, has linked Tintagel with King Arthur for some scholars, though others dismiss it. Of course, medieval history writers were fast and loose with the facts.

Persons: CNN —, He’s, King Arthur, —, Arthur’s, Arthur, France —, Tintagel, Merlin, they’d, There’s, who’ve, Mark Stoyle, Brittany —, ”, Stoyle, “, Guinevere, Lancelot, Clive Owen, “ King Arthur, Keira Knightley, Gandalf, Dumbledore, Glastonbury Abby, Grant, indelibly, JFK's, Harvey Georges, Pierre Vinet, Sam Morgan Moore, Ben Birchall, Arthur . PaulMaguire, Keira Knghtley, Jonathan Hession, Gerhard Zwerger, King Arthur Prev, Geoffrey of Monmouth, Geoffrey —, Camelot —, Geoffrey, Mordred, Win Scutt, Earl Richard, Prince William . “ Earl Richard, Britain —, ” “ It’s, Arthur —, Scutt, Nicholas J, Higham, ” Higham, J.R.R, Tolkien —, laud, Gildas — “, ” Henry VIII, superfan Henry VIII, Oli Scarff, England’s King Henry VII, Richard III, he’d, –, Prince, Wales — Arthur, Henry’s, England, Henry VIII, Henry, David’s, Elizabeth I, Stuart, Arthurs, ” Scutt Organizations: CNN, Celtic, Camelot, Cornwall Glastonbury, Wales Cadbury, Glastonbury Tor, Cadbury, Glastonbury Abbey, UK’s University of Southampton, Bettmann, Disney, Cornish, Bank, Getty, Royal Mail, Walt Disney Pictures, Avalon, English Heritage, University of Manchester, Britons, Glastonbury Locations: England, Europe, Britain, Scandinavia, Germany, France, Wales, Cornwall, southwesternmost, Tintagel, Tintagel Castle, Cornwall Glastonbury Abbey , Somerset Caerleon Castle, Wyddfa, Wales Cadbury Castle , Somerset Slaughterbridge, Island, Wales Winchester Castle, Hampshire, Edinburgh, Somerset, Caerleon Castle, Camelot, Mount Snowdon, Barfog, Glastonbury, Baschurch, Shropshire, Mynydd y Gaer, Bodmin, Las Vegas, Winchester, Caerleon, Cornwall’s, Avalon, Cornish, Greece, Turkey, London, Higham, AFP, Brittany, Ludlow, St

☆ I moved to the UK to be with my husband but it ended in divorce. I could never move abroad for love again.
▼ + stars: | 2024-11-16 | by ( ) www.businessinsider.com time to read: +4 min

I left my family, friends, and home state of Minnesota and moved abroad to the UK in 2016 in the name of love. My now ex-husband was British, and I'd finally been granted a spouse visa to live with him shortly after we eloped. Between my original spouse visa, which I obtained in 2016, and my spouse visa renewal in 2019, I spent about $6,300 today. AdvertisementSince I've been divorced, I've rebuilt my life, embarked on a new career, and even moved abroad twice more — to Australia and, most recently, New Zealand. If I hadn't moved abroad to the UK for love, it wouldn't have shown me how strong I really am.

Persons: I'd, —, I've Locations: Minnesota, British, Australia, New Zealand

☆ An expert in the risks of alcohol drank heavily for years. His 'dry by default' rule helped him drink less, lose weight, and live a fuller life.
▼ + stars: | 2024-11-16 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Alcohol harm expert Richard Piper used to drink heavily. His 'dry by default' rule helped him reduce the risks of drinking without going sober. Being "dry by default" means Piper will drink on rare occasions rather than most days, for example when non-alcoholic alternative to a beer he likes isn't available. Advertisement"There is no such thing as healthy drinking," Piper said. AdvertisementDrinking doesn't only bring health risks.

Persons: Richard Piper, Piper, Zers, Gallop, Niall Carson Organizations: Gallup, Getty Images Research, European, of Public Health, European Union, US Department of Health, Human Services

We've compiled everything you need to know about how to watch UFC 309, including live streaming information and a sneak peek at the fight card. How to watch UFC 309 in the USUFC 309 live streams on ESPN Plus in the US. Fortunately, for those without an existing annual ESPN Plus subscription, there are a few solid opportunities for savings. Check price at ESPNWhere to watch UFC 309 everywhere elseUFC's reach is pretty widespread, so most other countries will also be able to access events. Check price at ExpressVPNHow to watch UFC 309 with a VPNSign up for a VPN if you don't already have one.

Persons: Jon Jones, Stipe Miocic, Jones, Ciryl Gane, Stipe, Miocic, Charles Oliveira, Michael Chandler, VPNs, ExpressVPN, Bo Nickal, Paul Craig, Viviane Araujo, Karine Silva, Mauricio Ruffy, James Llontop, Jonathan Martinez, Marcus McGhee, Chris Weidman, Eryk Anders, Jim Miller, Damon Jackson, David Onama, Roberto Romero, Marcin Tybura, Jhonata Diniz, Mickey Gall, Ramiz Brahimaj, Bassil Hafez, Veronica Hardy, Eduarda Moura Organizations: Business, UFC, New, ESPN, ESPN Plus, TNT Sports, Discovery, Elliott Locations: Madison, New York City

☆ Deloitte, EY, KPMG, and PwC make up the Big 4 — here's how they compare
▼ + stars: | 2024-11-15 | by ( Polly Thompson | ) www.businessinsider.com time to read: +8 min

The Big Four — EY, Deloitte, KPMG, and PwC — are the world's largest accounting and consulting firms. AdvertisementDeloitte, EY, KPMG, and PwC are the world's largest accounting and consulting firms, known as the Big Four. The Big Four offer companies services such as workforce transformations, reshaping corporate finance portfolios, assurance, valuation, and optimizing the use of technology. AdvertisementThough not as stark a slowdown as Deloitte or EY, growth at PwC still dropped noticeably compared to the 9.9% rise reported for the previous 12 months. In February 2024, it unveiled a tax AI assistant for 2,300 PwC tax professionals in the UK to use.

Persons: PwC, —, Antonia Wade, EY, Ernst & Young, Janet Truncale, Carmine Di Sibio, Jack Taylor, Joe Ucuzoglu, Jim Spellman, Price Waterhouse, Mohamed Kande, Bill Thomas, Liam McBurney Organizations: Deloitte, KPMG, Service, EY, Ernst, Getty, Revenue, Assurance, PwC, Deloitte Deloitte, Deloitte Global, Equity, Nvidia, Google, AWS, Coopers, Street Journal, Big Locations: London, PwC, Asia, Pacific, Amsterdam

☆ The app data has spoken, and Gen Z's love for Temu is real
▼ + stars: | 2024-11-15 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Temu was the most downloaded app by Gen Z in the US in the first 10 months of 2024. AdvertisementAmerica's Gen Z is really here for Temu. The Chinese online marketplace was the most downloaded app by Gen Zers in the first 10 months of the year. "Gen Z values a highly curated shopping experience that delivers both variety and convenience at accessible price points," Whaley said. Gloria Gan, a lifestyle analyst at the UK-based market research firm Mintel, said Temu is making inroads with Gen Z because of the generation's "tech-savviness and frequent online shopping habits."

Persons: Temu, Gen Z, —, Gen Zers, Zers, TikTok, Jim Whaley, Whaley, Gloria Gan, Gen, Gan Organizations: Service, PDD Holdings, Daxue Consulting, Business, Amazon Locations: China, York

☆ More UK tax rises to come if the economy doesn't get moving, economist says
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMore UK tax rises to come if the economy doesn't get moving, economist saysJames Smith, economist at ING, says U.K. Finance Minister Rachel Reeves' Mansion House reforms will be a key test of whether Labour can get the economy moving.

Persons: James Smith, Rachel Reeves Organizations: ING, Finance, Labour

☆ I tried every flavor of Rao's tomato sauce I could find and ranked them from worst to best
▼ + stars: | 2024-11-15 | by ( Lizzy Briskin | ) www.businessinsider.com time to read: 1 min

AdvertisementI tried 14 flavors of Rao's Homemade tomato sauce and ranked them from worst to best. Today, the company that makes Rao's jarred sauces is owned by Campbell Soup. Rao's also sells more varieties of jarred sauce than some shoppers realize. To find out which versions were best, I tried every flavor of tomato-based pasta sauce I could find. Here's how they ranked from worst to best.

Persons: Rao's, Campbell Soup Locations: United States, Canada, India, New York City

☆ Russia needed armor so badly that its biggest film studio donated 36 Soviet-era tanks that were used as props
▼ + stars: | 2024-11-15 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Mosfilm's head told Putin that it donated 28 T-55 tanks and eight PT-76 tanks to the defense ministry. Mosfilm's website says the studio has over 190 armored vehicles, armored personnel carriers, and self-propelled guns, though it described them as being "disguised" as equipment from various periods. Still, Shakhnazarov's statement comes as Moscow has struggled to maintain its inventory of armored vehicles amid heavy losses in the last two years. Figures from Dutch open-source tracking group Oryx say that Russia has lost 10,888 armored vehicles since the war began, including 3,558 tanks. AdvertisementThe Russian Defense Ministry and Mosfilm did not respond to requests for comment sent outside regular business hours by Business Insider.

Persons: Putin, —, Mosfilm, Karen Shakhnazarov, Vladimir Putin, Shakhnazarov Organizations: Service, Warner Bros, Kremlin, Armed Forces, Royal United Services Institute, Russian Defense Ministry, Business Locations: Russia, Ukraine, Moscow

☆ Storing too many digital items on your devices could be a sign of a disorder, experts say
▼ + stars: | 2024-11-15 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +7 min

But if your device is filled with too much digital clutter, it could be affecting your mental health and productivity, experts say. But sometimes, the common behavior can tip over into a disorder that more researchers are trying to understand: digital hoarding. Here’s how to ease up on digital clutter and know when you might be displaying signs of a disorder, according to experts. “Digital clutter is just as stressful as actual clutter in our physical world,” she said. A digital hoarding disorder will be fueled by a persistent urge to save digital information, rather than a “preference” to store that is more flexible, he added.

Persons: ”, Susan Albers, “, Albers, Emanuel Maidenberg, UCLA’s David, Maidenberg, Sanjaya Saxena, Saxena, ” Albers, decluttering, “ it’s Organizations: CNN, Cleveland Clinic, UCLA’s, UCLA’s David Geffen School of Medicine, UCLA, Behavioral Therapy Locations: Ohio, United States, Boston

☆ Here are the 4 posts Ben and Jerry's said its parent company ordered it not to publish
▼ + stars: | 2024-11-15 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Ben & Jerry's filed a lawsuit against its parent company, Unilever, on Thursday. It claims Unilever stopped it from making 4 public statements supporting Palestinians. Unilever rejected the claims, saying it would defend its case "very strongly." AdvertisementBen & Jerry's is taking legal action against its parent company, Unilever, saying it was prevented from speaking out in support of Palestinians. Ben & Jerry's said that in doing so, Unilever repeatedly prevented the company from fulfilling its social mission and breached a settlement agreement.

Persons: Jerry's, —, Benjamin Netanyahu, Ben, Bernie Sanders, Jerry, Sen, Sanders Organizations: Unilever, Service, US Southern District of, Business, Palestine, Israel, Senate Locations: US Southern District of New York, Gaza, Israel, Europe

☆ FCA chief: UK regulation needs to spur growth as well as protect investors
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFCA chief: UK regulation needs to spur growth as well as protect investorsNikhil Rathi, chief executive of the FCA, discusses the U.K. chancellor's maiden Mansion House speech.

Persons: Nikhil Rathi Organizations: FCA

☆ Former BOE member on what Trump's reelection could mean for the UK
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer BOE member on what Trump's reelection could mean for the UKJohn Gieve, former deputy governor at the Bank of England, speaks to CNBC's Silvia Amaro about monetary policy and Trump tariff implications.

Persons: Former BOE, John Gieve, CNBC's Silvia Amaro Organizations: Former, Bank of England

☆ I was Twitter's head of content strategy. Bluesky has the edge over Threads to be the new Twitter as people leave X.
▼ + stars: | 2024-11-15 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +6 min

AdvertisementUsers and brands, like former CNN anchor Don Lemon and The Guardian, have been leaving X.Gordon MacMillan, ex-head of content strategy at Twitter, says Bluesky is most like the old Twitter. This as-told-to essay is based on a conversation with Gordon MacMillan, who was previously the head of content strategy at Twitter. Bluesky feels familiar to Twitter usersBluesky, I think, is the most like the old Twitter and feels more familiar than Threads, which doesn't have Twitter-style lists and can be hard to organize content on. They have tweaked Threads and made improvements, but Bluesky feels more familiar, even beyond the use of the color blue. It feels like BlueSky and Threads have a much better environment.

Persons: Don Lemon, Gordon MacMillan, Bluesky, Elon Musk, Donald Trump, Musk, X, it's, Jack Dorsey, BlueSky, Mark Zuckerberg Organizations: CNN, Guardian, Twitter, Facebook, Elon, Trump, Business Locations: Israel

☆ Norwegian F-35s called into action after Russian aircraft spotted off Norway and over Baltic Sea
▼ + stars: | 2024-11-15 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +2 min

AdvertisementNATO scrambled jets to respond to Russian aircraft "not adhering to international norms" this week. Italy's air force intercepted a Russian Coot-A aircraft over the Baltic Sea, NATO Air Command said. Norwegian F-35s identified multiple Russian aircraft off the coast of Norway, it added. Norwegian F-35s were called into action on Tuesday as NATO scrambled jets in response to Russian aircraft "not adhering to international norms," NATO's Air Command said in a post on X.Italy's air force intercepted a Russian Coot-A plane flying over the Baltic Sea, while the Norwegian F-35s identified multiple Russian aircraft off the coast of Norway, NATO Air Command said. In July, Russian fighter jets scrambled to intercept two US Air Force B-52H bombers approaching Russia's border, the Russian Ministry of Defense said at the time.

Persons: Henrik Omtvedt Jenssen, Jenssen, Lockheed Martin Organizations: NATO, NATO Air Command, Command, Norwegian Armed Forces, NRK, Russian, Royal Air Force, British Ministry of Defence, BBC, Typhoons, US Air Force, Russian Ministry of Defense, Lockheed, Kongsberg Defence, Aerospace Locations: Russian, Baltic, Norwegian, Norway, Russia, State, Kongsberg

Learn moreThe Billie Jean King Cup is underway after several exciting matches at the WTA Finals earlier this month. We've put together everything you need to know about where to watch the Billie Jean King Cup, including global watch options. Where to watch the Billie Jean King Cup in the USThe Billie Jean King Cup airs on the Tennis Channel in the US, which is available to live stream through a month-to-month live TV streaming package like Sling TV, Fubo, or DirecTV Stream. Check price at FuboWhere to watch the Billie Jean King Cup in the UKThe Billie Jean King Cup airs on the Tennis Channel in the UK, which is streamable through the Tennis Channel website. Where to watch the Billie Jean King Cup in AustraliaBillie Jean King Cup coverage will be available through beIN in Australia.

Persons: Billie Jean King, We've, Davis, Australia Billie Jean King, It's, ExpressVPN Organizations: Business, WTA, Billie Jean King Cup, Federation, Canada, Tennis Channel, DirecTV, Entertainment, Elite, Sports, Fubo, BBC Locations: Malaga, Spain, Australia, beIN

☆ European markets set to open lower; UK GDP ticks up slightly
▼ + stars: | 2024-11-15 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

European markets were set to open lower Friday, as investors looked ahead to fresh data and assessed the future path for interest rate cuts following hawkish comments from U.S. Federal Reserve Chair Jerome Powell. The U.K.'s FTSE 100 index was seen opening 13 points lower at 8,054, Germany's DAX 39 points down to 19,210, France's CAC lower 26 points at 7,283 and Italy's FTSE MIB 129 points down to 33,966, according to IG data. Across the Atlantic, speaking Thursday, Powell said that strong U.S. economic growth is allowing policymakers to take their time in deciding how far and how fast to lower interest rates. U.S. stock futures inched lower overnight as Wall Street continued to assess the comments and the future path of the post-election rally. Asia markets, meanwhile, were mixed during Friday's session.

Persons: Jerome Powell, Germany's DAX, Powell Organizations: U.S . Federal, CAC, Burberry, Labour, Aegon, Experian Locations: U.S, Asia

☆ What to know about boxing’s controversial fight between Mike Tyson and Jake Paul
▼ + stars: | 2024-11-15 | by ( Eduardo Tansley | ) www.nytimes.com time to read: +8 min

Squid Game, Stranger Things and Bridgerton were all Netflix originals — next up for the streaming giant is Mike Tyson versus Jake Paul in the ring. Purists will regard the card’s co-main event as the truer form of boxing — and the better quality fight. While there has yet been no official announcement, Tyson and Paul are expected to start their ring walks at approximately 11pm ET (4am UK). At Wednesday’s pre-fight news conference, Paul jokingly wore ear covers. When asked in August why he was getting back in the ring, Tyson responded: “I don’t know, that’s the funny question.

Persons: Mike Tyson, Jake Paul, Paul, Tyson, Eddie Hearn, Katie Taylor, Hearn, Amanda Serrano, Taylor, Ed Mulholland, Timothy A, Clary, Muhammad Ali, George Foreman, Evander Holyfield —, —, Kevin McBride, Roy Jones Jr, “, ”, “ We’ve, YouTuber Ali Eson Gib, Nate Robinson, Tommy Fury, Tyson Fury, Paul isn’t, Donald McRae, ” Tyson, Serrano … Taylor, Serrano, Sarah Stier, Chantelle Cameron, Stevie Morgan, it’s Organizations: IBF, WBC, WBO, Netflix, T, Dallas Cowboys, Texas Department, Getty, WBA, Las Vegas, Wednesday’s, YouTube, UFC, NBA, BBC, British, Guardian Locations: British, Arlington , Texas, U.S, Nevada, Madison, New York, Republic of Ireland, Puerto Rican

☆ UK economy ekes out 0.1% growth in the third quarter, below expectations
▼ + stars: | 2024-11-15 | by ( April Roach | ) www.cnbc.com time to read: +3 min

Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also colloquially known as the Square Mile. Gross domestic product came in at 0.1% in the three months to September compared to the previous quarter. That's below the 0.2% growth expected by economists polled by Reuters and follows an expansion of 0.5% in the second quarter of the year.

Persons: Mike Kemp, Rachel Reeves, Thiru, Donald Trump, Trump's, Andrew Bailey, I'm Organizations: of England, Getty, Gross, Reuters, National Statistics, Bank of England's, Bank of England, Labour, Finance, Institute of Chartered Accountants, U.S Locations: City of London, London, United Kingdom, The City, U.K, That's, Britain, England, Wales

☆ Britain's car finance industry is in crisis – with banks bracing for billions in payouts
▼ + stars: | 2024-11-14 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +4 min

Mike Kemp | In Pictures | Getty ImagesBritain's motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country's costliest consumer banking scandal. The decision caught many in the motor finance industry off guard and appears to have paved the way for a multi-billion-pound redress scheme to compensate consumers. It urged motor finance groups to consider setting aside financial provisions to resolve the high volume of complaints. According to the banks, they followed the rules and guidelines set by the FCA, which are not aligned with the new Court of Appeal ruling," Kammer told CNBC via email. The FCA has said that it will await the outcome of a potential Supreme Court ruling before taking a decision on the matter," Kammer said.

Persons: Mike Kemp, Banks, Niklas Kammer, Kammer, Benjamin Toms, Toms, John Keeble Organizations: Royal Exchange, City of, Appeal, Authority, FCA, Morningstar, Lloyds, Horse, Barclays, Lloyds Banking, Bloomberg, Getty, of, CNBC, PPI, RBC Capital Markets, Taxis, Fenchurch, Station Locations: City, City of London, London, United Kingdom, U.K

☆ Baby red panda died after being stressed by fireworks, zoo says
▼ + stars: | 2024-11-14 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

CNN —Fireworks likely caused the death of a baby red panda at Edinburgh Zoo after she became so stressed that she choked on her own vomit, experts from the Royal Zoological Society of Scotland (RZSS) said on Thursday. Roxie’s mother Ginger had died a few days earlier but the baby red panda “was responding well to specialist care from our expert team and was feeding independently,” said RZSS deputy chief executive Ben Supple in a statement. RZSS, a wildlife conservation charity that runs Edinburgh Zoo, is now calling for tighter restrictions on fireworks given the risks they pose to animal welfare. Like Roxie, a baby zebra died after being spooked by the sounds of fireworks at Bristol Zoo in November 2020. This would help avoid devastating consequences for animals like Roxie while ensuring that people can still enjoy traditional celebrations,” he said.

Persons: Roxie, Roxie’s, Ginger, ”, Ben, “ Roxie, Roxie's, “, Siobhian Brown, doesn’t Organizations: CNN, Edinburgh Zoo, Royal Zoological Society of Scotland, RSPCA, Bristol Zoo, Edinburgh, Department for Business, Trade, Scottish Locations: Scottish

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