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China bank lending dips amid risk fears

  Shanghai / AFP China’s bank lending fell sharply in April, the central bank said, as the government refrained from boosting credit amid concerns over growing risk. Bank loans reached 555.6 billion yuan ($85.2 billion) in April, down sharply from 1.37 trillion yuan in March, the People’s Bank of China (PBoC) said. The latest figure missed a median forecast of 1.3 ...

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Swift warns hack on bank after Bangladesh heist

  Bloomberg Swift, the inter-bank messaging system embroiled in one of the largest cyber heists in history, warned customers that hackers have struck again, attacking a commercial bank client that it didn’t name. The details of a second hack follow a cyber-theft in February, when more than $80 million was stolen from Bangladesh’s account at the Federal Reserve Bank of ...

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Hotels build buzz for eco-efforts with rooftop beehives

  SAN FRANCISCO / AP At the Clift Hotel in San Francisco, there are more than 370 rooms inside and hundreds of thousands of bees buzzing above in rooftop hives outside. Yes, honeybees. Aware of the well-publicized environmental threats to honeybees that have reduced numbers worldwide, seven San Francisco hotels have built hives on their rooftops. The sustainability effort also benefits ...

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