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Terrified boy, 14, kidnapped and held for £10k after making riches with Bitcoin
A schoolboy who made money trading in Bitcoin was kidnapped and bundled into a car by a gang who demanded £10,000 for his safe return. The terrified 14-year-old was confronted outside a takeaway in Bradford, West Yorkshire, on May 9. One of the kidnappers put his hand over the teen's mouth, as he was punched […]
Exclusive: China’s central bank to step up easing, won’t borrow Fed playbook – sources
By Kevin Yao BEIJING (Reuters) – China’s central bank will ramp up its policy easing to support the coronavirus-ravaged economy but debt worries and property risks will prevent it from following the U.S. Federal Reserve’s steep rate cuts or quantitative easing moves, policy sources said. China’s leaders have pledged to combat the impact from the […]
Wells Fargo CEO Scharf shakes up management at scandal-hit bank
By Imani Moise and Abhishek Manikandan (Reuters) – Wells Fargo & Co <WFC.N> Chief Executive Charles Scharf on Tuesday announced his first major reshuffle since taking over in October, naming several executives to new roles while also tapping a JPMorgan veteran to head consumer lending. The shakeup is aimed at putting a new structure in […]