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Trump names Treasury’s Scott Bessent acting head after firing Chopra newsthirst.

Republican presidential nominee former President Donald Trump, left, listens as investor Scott Bessent speaks on the economy in Asheville, N.C., Wednesday, Aug. 14, 2024. Matt Kelley | AP President Donald Trump has made Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection Bureau after firing former head Rohit Chopra over the weekend….

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Putin says Europe will stand at feet of master as Trump imposes tariffs newsthirst.

Russian President Vladimir Putin smiles during his meeting with workers, while visiting the AvtoVAZ automobile plant, January 28, 2025, in Togliatti, Russia.  Contributor | Getty Images News | Getty Images Russia’s Vladimir Putin warned Europe will quickly “stand at the feet of the master” after U.S. President Donald Trump imposed tariffs on Canada, Mexico and…

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EU kicks off landmark AI Act enforcement as first restrictions apply newsthirst.

The European Union is so far the only jurisdiction globally to drive forward comprehensive rules for artificial intelligence with its AI Act. Jaque Silva | Nurphoto | Getty Images The European Union formally kicked off enforcement of its landmark artificial intelligence law Sunday, paving the way for tough restrictions and potential large fines for violations….

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Fintech GoCardless halves loss, targets full-year profit by 2026 newsthirst.

Hiroki Takeuchi, co-founder and CEO of GoCardless. Zed Jameson | Bloomberg | Getty Images Financial technology unicorn GoCardless more than halved losses in 2024 and said it’s aiming to reach full-year profitability by 2026. The London-based startup, which helps businesses collect recurring payments such as subscriptions, reported a net loss of £35.1 million ($43.8 million)…

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Donald Trump to cut off funding for South Africa over land seizure policy newsthirst.

US President Donald Trump has said he will cut all future funding to South Africa over allegations that it was confiscating land and “treating certain classes of people very badly”. Last month, President Cyril Ramaphosa signed into law a bill that allows land seizures without compensation in certain circumstances. Land ownership has long been a…

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