Maersk and Hapag-Lloyd have shifted another major Asia–Europe container service back through the Suez Canal, providing another indication that some shipping lines are cautiously reassessing their reliance on the longer route around the Cape of Good Hope. However, the latest move remains a targeted decision rather than evidence of a broad return to the Red Sea and Suez Canal. The two shipping companies announced that their AE19 service, operated as part of the Gemini Cooperati

Britain's regulated betting-shop sector is facing mounting financial pressure as higher gambling taxes and increasing operating costs contribute to a continuing wave of closures across the country's high streets. Industry representatives have warned that further increases in taxation could accelerate the decline of physical betting outlets, putting additional jobs and investment at risk while potentially strengthening the position of unlicensed gambling operators. The warning

South Korean police have referred eight people to prosecutors in connection with a payment fraud case involving Gmarket customer accounts, alleging that the individuals helped launder criminal proceeds by providing bank accounts used to receive and move funds generated through unauthorised transactions. Investigators have yet to identify the hacker believed to have organised the original scheme and are continuing to trace the movement of the proceeds. The case relates to unau

The United States Office of the Comptroller of the Currency has rejected Dutch digital bank bunq’s application for a national banking charter, citing significant concerns about the proposed institution’s capitalisation, management experience, business strategy and ability to operate safely and profitably in the U.S. market. The decision represents a setback for bunq’s plans to establish a full banking presence in the United States and highlights the demanding regulatory expec