NEWS

UK Lenders No Longer Too Big To Fail, Says BoE

A man stands outside the Bank of England in the City of London
The Bank of England said on Friday it was satisfied lenders had taken steps to ensure they were no longer "too big to fail" in any future crisis, though it found shortcomings at three major banks.

Australia's Longest-running Soap Neighbours Calls It A Wrap

Fans pose in front of the set of the Australia's popular television show Neighbours in Melbourne.
Neighbours, the Australian soap opera that launched the careers of Kylie Minogue, Margot Robbie, Guy Pearce and all three Hemsworth brothers, shot its last episode on Friday, wrapping the country's longest-running television drama after four decades.
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International Monetary Fund logo is seen outside the headquarters building

IMF expects further cut in global growth outlook

The International Monetary Fund expects to further cut its forecast for global economic growth in 2022 next month, an IMF spokesperson said on Thursday, following moves by the World Bank and Organization for Economic Co-operation and Development (OECD) to cut their own forecasts this week.
Artist's illustration shows a large meat-eating dinosaur dubbed the "White Rock spinosaurid,

Europe's Largest Meat-eating Dinosaur Found On Isle Of Wight

Fossilized bones discovered on a rocky seashore on England's Isle of Wight are the remains of a meat-eating dinosaur that may be larger than any other known from Europe, a beast that was a cousin of the biggest carnivorous dinosaur species on record.