In the hills of Emilia-Romagna, a bank vault holds more than half a million wheels of Parmigiano Reggiano, worth well over 300 million euros. The vault belongs to the bank Credito Emiliano, known colloquially as Credem, which has long accepted young wheels of Parmigiano Reggiano as collateral for loans to local dairy farms since 1953.
One in three Singaporean business owners still use their personal bank accounts for their company banking needs, trying to escape high transaction fees, according to a survey from MariBank, a digital bank owned by Southeast Asian tech firm Sea. That creates tax and legal headaches, as business owners find it difficult to deduce their legitimate
Save You have reached your maximum number of saved items. Remove items from your saved list to add more. TOTOTO Banks, super funds and financial services firms have been collectively hit by a record $830 million in court-ordered civil penalties for misconduct in the past 12 months, as the corporate watchdog vows to continue taking
Many years ago, the Samsung Galaxy Note 7 gained notoriety when its batteries caught fire in a series of incidents. Since then there has been a steady stream of similar, albeit isolated, incidents. However, despite the high-profile coverage of batteries gone wrong, the vast majority of lithium-ion batteries are safe. The chemical reaction that occurs
More good MagSafe and Qi2 chargers Here are some other MagSafe wireless chargers we’ve tested that failed to earn a spot at the top. Photography: Simon Hill Mous Dual Charging Station for $100: This dual charger from Mous is attractive, but it disappoints when it comes to charging speeds, maxing out at 15 watts for
The $24 billion Dutch bank ABN Amro is cutting a fifth of its workforce over the next three years—so how is its CEO Marguerite Bérard rallying the troops? By sacrificing her long meals and talking over the growing pains with staffers over weekly lunches. “I now take lunch early and at my desk,” Bérard told