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BTG Pactual Acquires HSBC’s Uruguay Operations for $175 Million
In a strategic move to expand its presence in Latin America, Brazilian investment bank BTG Pactual has agreed to acquire HSBC’s operations in...
QncNews2 months Ago
UK Construction Activity Declines Sharply, Raising Concerns Over Housing Targets
The UK construction sector is facing a significant downturn, with activity levels declining sharply in recent months. In July 2025, the S&P Global...
QncNews2 months Ago
UK Supreme Court overturns ruling on motor finance commissions in win for banks
The UK Supreme Court has overturned a pivotal ruling concerning motor finance commissions, delivering a significant victory to banks and alleviating concerns over...
QncNews2 months Ago
Singapore’s central bank maintains monetary policy amid improved global trade conditions and stronger-than-expected economic growth in Q2 2025
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has decided to maintain its current monetary policy settings, keeping the rate of appreciation...
QncNews2 months Ago
Portugal Appoints OECD’s Álvaro Santos Pereira as New Central Bank Governor Amid Political Tensions
Portugal’s center-right government has appointed Álvaro Santos Pereira, former OECD chief economist and ex-economy minister, as the new central bank governor, replacing Mário...
QncNews3 months Ago
Morocco’s central bank explores digital currency for cross-border payments
Morocco’s central bank, Bank Al-Maghrib, is actively exploring the implementation of a central bank digital currency (CBDC) to enhance peer-to-peer and cross-border payment...
QncNews3 months Ago
Lebanon’s central bank bans interactions with Hezbollah’s financial arm
Lebanon’s central bank has issued a directive prohibiting all licensed financial institutions from engaging in any direct or indirect transactions with Al-Qard Al-Hassan,...
QncNews3 months Ago
Southend Airport closed until further notice after fireball following small plane crash
A tragic incident unfolded at London Southend Airport when a small plane crashed shortly after takeoff, resulting in a massive fireball and prompting...
QncNews3 months Ago
Small passenger plane crashes near London, causing massive fireball
A tragic incident unfolded on Sunday, July 13, 2025, at London Southend Airport in Essex, when a small passenger plane crashed shortly after...
QncNews3 months Ago
Chile’s June 2025 consumer prices drop 0.4%, the steepest since 2023, sparking speculation of a potential 25-basis-point rate cut by the central bank
Chile’s consumer prices experienced a 0.4% decline, marking the first monthly drop of the year and the steepest since late 2023. This unexpected...
QncNews3 months Ago
