Bloomberg Greek banks slid as contagion from Italy exacerbated concerns they’ll need to raise more capital to deal with their mountains of bad loans. The FTSE/Athex Bank Index was down 4.9 percent at 3:18 p.m. in Athens, having earlier fallen as much as 7.9 percent. Eurobank Ergasias SA tumbled as much as 14.4 percent before paring its losses to 8.6 …

Bloomberg The three British currency traders who were part of an exclusive online chat group referred to by members as “the cartel” go on trial this week for alleged market manipulation that’s already cost global banks $14 billion in penalties. The trio represented banks handling a major chunk of the $5.1 trillion-a-day currency market. The men are accused of rigging …

Dubai / Emirates Business­­­­­ Airbus will conclude its “Critical App Challenge for the Middle East” during the GITEX exhibition 2018 in Dubai from October 14 to 18 and honour the best developers for public safety apps in the region. Since August start-up companies from the region have registered for the Airbus competition to create inventive digital solutions to facilitate public …