Fear of delay over loan scandal payouts

Getty Images People who were mis-sold finance agreements when buying cars could face a delay to potential compensation payouts. A decision by judges at the Court of Appeal has blown open an ongoing saga into hidden commission payments, with buyers possibly in line for payouts totalling billions of pounds. Now the Financial Conduct Authority (FCA) is consulting on giving dealers extra time to deal with complaints. However, lawyers say this

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GM recalls nearly 500,000 pickup trucks and SUVs. Here’s what to know.

General Motors on Wednesday said it is recalling nearly 462,000 diesel-engine SUVs and pickup trucks in the U.S. because of a faulty transmission control valve that may fail and cause the rear wheels to lockup, increasing the risk of a crash. Drivers whose vehicles are affected by the transmission issue may experience harsh shifting ahead of any wheel problems, according to the automaker.  “A transmission control valve in some of

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Investment Giant VanEck Launches SUI-based Financial Product By Chainwire

Grand Cayman, Cayman Islands, November 13th, 2024, Chainwire With a 70-year legacy of offering investment solutions across diverse industries and asset classes, privately held VanEck now provides millions of customers access to SUIInvestment firm VanEck has introduced a product representing SUI. VanEck, known for its financial products that provide access to , , and , now offers exposure to SUI, the token behind the groundbreaking Layer 1 blockchain recognized for

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Investment Giant VanEck Launches SUI-Based Financial Product

November 13, 2024 – Grand Cayman, Cayman Islands With a 70-year legacy of offering investment solutions across diverse industries and asset classes, privately-held VanEck now provides millions of customers access to SUI. Investment firm VanEck has introduced a product representing SUI. VanEck – known for its financial products that provide access to Bitcoin, Ethereum and Solana – now offers exposure to SUI, the token behind the groundbreaking layer-one blockchain recognized

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What’s Inside the Cardano Foundation’s First Financial Report?

On Wednesday, the Cardano Foundation- a not-for-profit entity responsible for developing and maintaining the Cardano network- released its first-ever Financial Insights Report. It detailed how it spent funds in 2023, totaling $19.22 million across operations, education, and adoption. Furthermore, the foundation spent another $4.55 million on its core operational expenses. Cardano Foundation Invests $19 Million in Ecosystem Growth The Cardano Foundation has just released its first Financial Insights Report for

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3 Warning Signs Indicating Crypto Market is Going to Crash

Crypto market seems to be little overheated, some industry leaders say that amidst the ongoing parabolic rally the crypto market crash could happen before the next surge. Historically, there are key indicators that can help predict an impending crypto market crash. Some of these warning signs are already visible, such as the meme coin frenzy, sky-high crypto futures funding rates, and extreme greed among investors. Is Crypto Market Going to

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Supreme Court seems likely to allow class action to proceed against tech company Nvidia

WASHINGTON (AP) — The Supreme Court on Wednesday seemed likely to keep alive a class-action lawsuit accusing Nvidia (NVDA) of misleading investors about its dependence on selling computer chips for the mining of volatile cryptocurrency. The justices heard arguments in the tech company’s appeal of a lower-court ruling allowing a 2018 suit led by a Swedish investment management firm to continue. It’s one of two high court cases involving class-action

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Málaga evacuates thousands as more flood alerts issued

Spain floods: Málaga street turns into river Thousands of people have been evacuated from their homes in the Costa del Sol region of southern Spain as extreme rain and flooding drenches the area. National weather office Aemet has placed both Malaga and the northeastern Catalonia region on the highest alert for strong rain expected to last until Friday. The Malaga area, including the tourist resorts of Marbella, Velez and Estepona,

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What goals the EV maker must hit to receive $5.8 billion

Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  Joel Angel Juarez | Reuters DETROIT — Volkswagen Group increased its planned investment for a joint venture with electric vehicle startup Rivian Automotive to $5.8 billion as the companies have broader aspirations than they initially announced for the team-up. Investors were impressed with the details of the deal, sending shares of

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