Author: Press Room

Santander more than doubled its provisions for bad loans to €3bn in the final quarter of last year and expects to keep expanding its buffer against potential defaults in the face of economic uncertainty and rising interest rates.The Spanish bank said on Thursday that its net loan loss reserves increased by 106 per cent from the same period of 2021 in a reflection of its “prudent approach” to risk management, even as forecasters including the IMF say the global economy has proved to be unexpectedly resilient.Santander’s cost of risk, a ratio of provisions to its overall loan portfolio, stood at…

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CNN  —  Additional footage relating to the deadly Memphis police beating of a 29-year-old Black man – up to 20 hours of it – has yet to be released, a prosecutor said Wednesday as his office contemplates whether to file more charges in the case. The unreleased footage surrounding Tyre Nichols’ brutal January 7 traffic stop most notably includes audio of what was said after the beating and after an ambulance takes Nichols to a hospital, Shelby County prosecutor Steven Mulroy told CNN’s Wolf Blitzer. When that unseen video will be released publicly will be up to the city of…

The Northern Territory’s youth crime crisis is a “bigger issue than just alcohol,” says Shadow Health, Remote Housing and Town Camps Minister Bill Yan.“Housing, health – all plays a part in this,” he told Sky News Australia. He said the government needs to deal with the alcohol issues, but improvements in health and housing also need to be made.“There needs to be some serious investment,” Mr Yan said. Source: Sky News

Democratic Rep. Alexandria Ocasio-Cortez and a handful of other federal politicians – including two Democrats and one Republican – have shelled out thousands in campaign payments to a Chinese foreign agent, a Fox News Digital review of campaign finance records has found.Reps. Kevin Mullin, D.-Calif., Grace Meng, D.-N.Y, and Nicole Malliotakis, R.-N.Y. joined Ocasio Cortez in pushing campaign cash to Sing Tao U.S., a subsidiary of the Hong Kong-based Sing Tao News Corporation Ltd, for advertising expenses during the midterm election cycle.Those campaigns, in other words, had sent their money to a Chinese-owned entity that the Department of Justice forced to register…

NEW YORK – Football fans are having mixed reactions to Tom Brady’s retirement, with some cheering the legendary quarterback’s decision, while others are in disbelief”I think it’s about time,” one Bears fan said. TOM BRADY ANNOUNCES HE’S ‘RETIRING FOR GOOD’”He’s a dinosaur now, give it up,” a Giants fan told Fox News. “He should retire, he’s the GOAT, give somebody else a chance.”Brady announced his retirement on social media Wednesday morning. The seven-time Super Bowl champion holds many NFL passing records and led the Tampa Bay Buccaneers to the playoffs during the 2022 season, falling to the Cowboys in the…

The hotel is closed and the ski lifts are at a standstill, but at the foot of the French slopes an electric bike shop is preparing to open.Towering above the scene in the Vercors mountains are les Deux Sœurs, their twin peaks basking in the sun. The first snow of the season has not stirred the chair lifts – motionless since late 2018 – into action.Now the resort of Col de l’Azelier is looking for a second wind.Why are French ski resorts closing?Taz and Obi, Myriam Estades’ two dogs, are having a blast in the fresh snow.Estades is happy to live…

For the first time in scientific history, the wild smalleye stingray has been located and tagged by researchers.The smalleye species is known for being the world’s largest and rarest marine stingray — and was finally spotted in Mozambique.National Geographic explorer and ray expert Andrea Marshall set out off the coast of the Bazaruto Archipelago in search of the rare stingray.GIRL, 9 YEARS OLD, DISCOVERS RARE PREHISTORIC MEGALODON TOOTH IN MARYLAND WATERS: ‘I COULDN’T BELIEVE IT’After weeks of looking, Marshall spotted a smalleye in some shallow water, National Geographic (NatGeo) reported.She was able to dive in after it and touched it…

British Open champion and LIV golfer Cameron Smith said the world ranking system is becoming “obsolete” as a result of points not being awarded to events on the Saudi-backed series. The 29-year-old won his first major at St Andrews in July and also claimed the Players Championship to rise to world number two, before becoming the highest-ranked player to switch to the lucrative circuit. The Australian is now at number four but other top players who have switched to LIV have plummeted down the rankings. Former world number one Dustin Johnson, LIV’s individual champion in 2022, has dropped to 46th…

Seton Hall coach Shaheen Holloway admitted the obvious this past October: Kadary Richmond had to perform at a high level for the Pirates to reach expectations. Four months later, as Seton Hall is soaring, the point guard from Brooklyn is leading the way. The 6-foot-6 junior was at his best Wednesday night, notching 15 points, 13 rebounds and seven assists in a 84-72 victory over St. John’s, the Pirates’ seventh win in nine games. “Every single day, we just talk and I tell him every day, you have to understand the stigma that was on you before this year,” Holloway…