BLOOMBERG Metro Bank Holdings CEO Daniel Frumkin indicated that Barclays Plc is among the possible buyers of a $3.7 billion mortgage portfolio the struggling lender put up for sale as it attempts to strengthen its balance sheet. Frumkin said the process had attracted significant interest from potential suitors including one not “dissimilar to what’s on your paycheck.”

BLOOMBERG A plan to whisk passengers around Paris in air taxis during the Olympic games next year faces a new challenge after manufacturer Volocopter GmbH said the advanced electric motors it needs for its two-seater craft have been delayed. Volocopter is working with the engine maker and continues test flights with other, less-refined motors as it seeks to obtain regulatory ...

BLOOMBERG The UK’s Information Commissioner’s Office issued Snap Inc, the maker of the Snapchat app, with a preliminary enforcement notice over the company’s generative artificial intelligence chatbot. The notice cited Snap’s potential failure to properly assess privacy risks from its My AI chatbot, the watchdog said in a statement. If a final notice is issued, the social media platform might ...