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UK Supreme Court opens car loans hearing as banks risk huge bill
UK Supreme Court opens car loans hearing as banks risk huge bill
Economy
By AFP

The UK's highest court on Tuesday began a hearing to determine whether controversial car loans were unlawful, in a case that could cost banks billions of pounds in compensation. Banks are appealing a landmark ruling by a Court of Appeal in November that deemed it unlawful for car dealers to receive a commission on loans without sufficiently informing borrowers.

Trump signs executive order targeting ticket scalping
Trump signs executive order targeting ticket scalping
Economy
By AFP

With American entertainer Kid Rock at his side, US President Donald Trump signed an executive order Monday clamping down on ticket scalping and live event pricing. By the time you check out, it's $170," said Kid Rock, who wore a straw fedora and American-flag emblazoned red suit to the Oval Office.

Eurozone inflation eases in March as tariff threat looms
Eurozone inflation eases in March as tariff threat looms
Economy
By AFP

Inflation in the eurozone slowed further in March, official data showed on Tuesday, indicating possible breathing room for policymakers despite the threat of turbulence from US trade tariffs. The eurozone inflation data "gives the central bank additional room to prioritize growth without abandoning its inflation mandate," said Daniela Sabin Hathorn, senior market analyst at Capital.com, in a note.