The Bank of England has warned that British banks could face a further �40bn in fines and compensation bills for their historic crimes and misdemeanours.
Mark Zuckerberg and Priscilla Chan are part of a cycle that perpetuates inequality even if they try to fight it. Photograph: Scott Olson/Getty Images.
... * MSCI Asia-Pacific index flat. * Spreadbetters forecast European stocks opening a touch higher. * Dollar index knocked away from 8-1/2-month highs.
Oil resumed its drop as OPEC ministers prepare for a policy meeting at which the group is forecast to refrain from cutting output.
BANGKOK—The U.S. Federal Aviation Administration has downgraded the safety rating of Thailand's aviation industry, which could disrupt Thai airlines' international operations and hurt segments of the country's vast tourism industry.