Yoon Suk Yeol becomes South Korea’s first sitting president to be arrested newsthirst.

Reuters Yoon is the first sitting South Korean president to be arrested South Korea’s Yoon Suk Yeol has become the country’s first sitting president to be arrested, ending a weeks-long standoff between investigators and his personal security. Yoon, whose failed attempt to impose martial law plunged the country into turmoil and saw him impeached by…

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CFPB sues Capital One for ‘cheating’ customers out of over $2 billion in interest newsthirst.

FILE PHOTO: Signage is seen outside a Capital One Bank in Manhattan, New York, U.S., November 12, 2021.  Andrew Kelly | Reuters The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more than $2 billion in interest….

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Fund manager reveals what needs to change for her to invest in luxury stocks newsthirst.

A slump in Chinese consumer confidence is holding Sanlam investments’ Hannah Gooch-Peters back from buying luxury stocks like LVMH. Speaking to CNBC’s Silvia Amaro, the portfolio manager said she would need a “larger margin of safety” before investing in the world’s largest luxury group. “A lot of these European companies were really deriving their growth…

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