Business

Subaru is recalling 271,694 SUVs because some of them could catch fire. The company is advising owners of some 2019 to 2022 model year Subaru Ascent SUVs to park them outside, away from garages or other structures, and not to leave the vehicles unattended with…

New UK government proposals for a US-style register of “foreign influence” risks destroying Britain’s reputation as a global investment hub and will unnecessarily criminalise bank workers, academics and charities, a lobby group has warned.The proposed Foreign Influence Registration Scheme is expected to become law in…

There’s a silver lining to the astronomical cost of housing these days — if young people don’t pay rent, they can afford all sorts of nice things! At least, that’s the take from Barclays’ Morgan Stanley’s* luxury analyst Edouard Aubin: more young people are living…

In 2014, a former Bloomberg programmer called Changpeng “CZ” Zhao become chief technology officer at OKCoin, a start-up Chinese token exchange. Being OKCoin’s community cheerleader was a big part of the role. Bitcoin’s price had crashed following the collapse of the Mt Gox exchange, Beijing’s…

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