LONDON—JPMorgan is challenging British rivals on their home turf with the launch on Tuesday of its long-awaited digital retail bank, Chase, as part of what the U.S. lender hopes will be a global expansion. The launch marks the first foray into retail banking outside North America by one of the United States’ most dominant lenders,…
JPMorgan Takes on British Rivals With Launch of Digital Bank Chase
Germany Warns of Lost US Trust Over Australia Deal as France Wins EU Support
September 21, 2021
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BRUSSELS—Germany joined France on Tuesday in berating the United States for negotiating a security pact in secret with Australia and Britain that cost Paris a lucrative defence deal, while the EU’s top official said such behaviour was unacceptable. In a concrete signal of the bloc’s outrage, EU ambassadors postponed preparations for an inaugural trade and…
Europe’s Low-Cost Carriers Will Help to Drive Demand for New Planes Over Next 20 Years: Boeing
European low-cost carriers will help drive demand for new planes in the region over the next 20 years, as airlines replace their older fleets with more fuel-efficient jets, planemaker Boeing said on Sept. 21. Boeing said that it expects airlines in Europe to order 7,100 new single-aisle planes between now and 2040. Single-aisle planes are typically…
Comfort Food, Lightened Up
Meatballs are a comfort food around the globe. Consider the Swedish kottbullar, Mexican albondigas, Indian koftes, Israeli ktzitzot, or French boules. They all use ground meat and are rolled into balls. From there, the meatball varies according to different tastes and available ingredients. These airy, fluffy meatballs are an easy-to-prepare weeknight dish. They’re lightened up…
Texas Border Patrol Agents Discover Hotel Room Packed With Illegal Immigrants Waiting to Be Smuggled Into US
September 21, 2021
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Texas Border Patrol agents last week discovered 16 illegal immigrants in a hotel room who claimed they were waiting to be smuggled further into the United States. U.S. Customs and Border Protection (CBP) said that Rio Grande Valley Sector Border Patrol (RGV) agents received a tip-off on Sept. 17 that a hotel in Edinburg was being…
Electric Vehicles May Cut Global Refining Capacity Demand by Half in 2050: Rystad
September 21, 2021
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A global drive towards electrification of road transport to reduce carbon emissions may cut demand for the world’s oil refining capacity by half in 2050, consultancy Rystad Energy says. “Going forward we will be touching by 2050 somewhere very close to 90 percent of electrification,” Mukesh Sahdev, senior vice president and head of downstream at…
Fed Faces Jittery Markets Ahead of Key Policy Meeting That Will Consider Stimulus Rollback
September 21, 2021
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Markets remained jittery from China’s Evergrande troubles as investors look to the Federal Reserve’s two-day policy meeting Sept. 21–22 for developments around policymakers’ projections for future rate hikes and the timing and pace of tapering the central bank’s massive bond buying program. Asian stocks struggled to shake off contagion fears on Sept. 21 and selling…
UK’s Johnson Discussed Taxation With Amazon’s Bezos
September 21, 2021
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LONDON—British Prime Minister Boris Johnson discussed the issue of taxation when he met Amazon’s founder Jeff Bezos in New York, Downing Street said. “The prime minister raised the issue of taxation, and hoped progress could be [made] in implementing the G7 agreement on tax,” a Downing Street spokesperson said in a readout of the meeting….
Air Force Veteran and His Wife Celebrate 59 Years of Marriage, Recreate Wedding Photos
A U.S. Air Force veteran and his wife, both 79, recreated their wedding photos to celebrate 59 years of marriage. The bride donned her original wedding dress while the groom wore a tuxedo. Grandparents of five Karen and Gary Ryan decided to do the shoot after Karen found her old wedding dress in storage and noticed…
Heart Drug Shows Promise for COVID-19
One of the hardest things about testing positive for COVID-19 is that conventional Western medicine has offered very few treatment options to reduce the severity of the disease. Some doctors and hospitals are using monoclonal antibody treatments as an early intervention, which may help reduce hospitalizations, as reported by The Epoch Times. Other Western medical…
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