lebanon-karpowership-shuts-down-electricity-supply

Lebanon: Karpowership shuts down electricity supply

image copyrightReutersimage captionThe Turkish company provides energy to Lebanon from bargesAn energy company responsible for about one quarter of Lebanon's electricity supply has turned off its generators.Karpowership, a Turkish company, says it is owed more than $100m (£71m) by Lebanon and has not been paid in 18 months.It also faces corruption charges, which it denies,…
jeff-bezos-and-the-secretive-world-of-superyachts

Jeff Bezos and the secretive world of superyachts

By Max MatzaBBC News, Washingtonimage copyrightGetty Imagesimage captionSuperyachts gather in MonacoNews that Jeff Bezos has bought a "superyacht" has revived interest in the secretive world of the uber-rich globetrotters who enjoy these ultimate status symbols. Experts say the superyacht industry has been booming for years, even during the global economic slowdown caused by the pandemic.Jeff…
santander-banking-services-working-again-after-day-of-technical-problems

Santander banking services working again after day of technical problems

By Francesca GillettBBC Newsimage captionFor much of Saturday, a technical problem affected Santander's servicesSantander has said all of its services are now working as normal, after widespread problems left customers unable to access their money.On Saturday the bank's online banking and app stopped working and there were also issues in branches and with cards, cash…
cleared-postmaster-hid-conviction-from-his-family

Cleared postmaster hid conviction from his family

By Colletta SmithConsumer affairs correspondentimage copyrightParmod Kaliaimage captionParmod Kalia went to jail for six monthsA father-of-four who hid his prison sentence from his closest family is one of two more former sub-postmasters whose convictions have been quashed.Parmod Kalia's mother and sister knew nothing of his 20-year nightmare after being accused of theft.Former Post Office worker…
us-fuel-pipeline-039paid-hackers-5m-in-ransom039

US fuel pipeline 'paid hackers $5m in ransom'

image copyrightColonial PipelineA major US fuel pipeline has reportedly paid cyber-criminal gang DarkSide nearly $5m (£3.6m) in ransom, following a cyber-attack.Colonial Pipeline suffered a ransomware cyber-attack over the weekend and took its service down for five days, causing supplies to tighten across the US.CNN, the New York Times, Bloomberg and the Wall Street Journal all…
bid-to-make-financial-terms-and-conditions-clearer

Bid to make financial terms and conditions clearer

By Kevin PeacheyPersonal finance correspondent, BBC Newsimage copyrightGetty ImagesFinancial firms will need to ensure terms and conditions are easy to understand and products provide fair value for customers, under new plans.Businesses must already treat customers fairly, but the UK's financial regulator is looking to bolster the rules with a new Consumer Duty.The Financial Conduct Authority…