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G20 faster payments roadmap could boost financial crime - report

The G20's plan to make cross-border payments faster, cheaper, more transparent and inclusive could increase fraud and money laundering, warns a new report. Since 2021, the G20 has been pursuing a “ Roadmap for Enhancing Cross-border Payments ” which focuses on reducing the cost and enhancing speed, access and transparency of payments across borders. The Future of Financial Intelligence Sharing (FFIS) is now warning that there "appears to be a lack of joined-up policy thinking" between this effort and economic crime security considerations. Faster payments, says the report, threaten to remove a fundamental part of existing processes…

CMO Group shares dive following earnings warning

CMO Group shares dive following earnings warning Shares in the building materials supplier fell by 12.7% to 24p by early afternoon The firm now anticipates reporting adjusted earnings before nasties of c.£1m Trading has slowed significantly ever since lockdown restrictions were ended By Harry Wise Updated: 13:44 GMT, 8 January 2024 e-mail View comments CMO Group shares plunged on Monday after the building materials supplier warned of weaker-than-expected annual profits. Shares in the online-only building materials supplier fell by 12.7 per cent to 24p by early afternoon, making them one of the AIM All-Share Index's worst performers…

Lithium Royalty Corp. Provides 2023 Recap

INTERNATIONAL BUSINESS TIMES au NEWSLETTER SIGNUP My account Log Out Jan 09, 12:34 AM AEDT Business News Sports Technology Entertainment NEWSLETTER My account Log Out Australia edition Business News Sports Technology Entertainment Editions Australia India International Singapore United Kingdom United States NEWSLETTER Follow Us Editions Australia India International Singapore United Kingdom United States Press Release Lithium Royalty Corp. Provides 2023 Recap By Business Wire 01/09/24 AT 3:00 AM AEDT Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Share on Flipboard Share on Pocket (in thousands of U.S. dollars…

Housing projects supplant Bay Area offices, stores as tech boom fades

A fast-shifting economy is prompting more developers to pursue what was unthinkable during the remarkable years-long tech boom: replacing office space with homes. Gone are ambitious and game-changing proposals for office buildings and tech campuses with enough space for several thousand workers in San Jose, other parts of Silicon Valley, and in East Bay cities such as Oakland and Berkeley. Housing units are the new grand plan as office projects head to the back shelves. Big-box retail centers and new hotel construction have also turned unpopular. More property owners are crafting “builder’s remedy” gambits for project proposals…

Housing projects supplant Bay Area offices, stores as tech boom fades

A fast-shifting economy is prompting more developers to pursue what was unthinkable during the remarkable years-long tech boom: replacing office space with homes. Gone are ambitious and game-changing proposals for office buildings and tech campuses with enough space for several thousand workers in San Jose, other parts of Silicon Valley, and in East Bay cities such as Oakland and Berkeley. Housing units are the new grand plan as office projects head to the back shelves. Big-box retail centers and new hotel construction have also turned unpopular. More property owners are crafting “builder’s remedy” gambits for project proposals…