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Spotify Technology SA on Tuesday said third-quarter profit margins were squeezed by slow advertising growth, fanning concerns about the weak global economy’s effect on digital advertising. Spotify shares slid 4% in after-hours trading, stung by sector-wide weakness after Google parent Alphabet Inc missed market estimates for quarterly revenue as advertisers …

Australia and New Zealand Banking Group was fined A$25 million ($16 million) for failing to provide agreed benefits to customers with offset transaction accounts under its ‘Breakfree’ package, Australia’s market regulator said on Wednesday. The Australian Securities and Investments Commission (ASIC) said the federal court realised the country’s fourth-largest lender …

Several banks sharply increased one- and three-month deposit interest rates to around 6% on Tuesday. A VnExpress survey found that nine out of the country’s 35 commercial banks promptly raised the rates after the central bank increased the cap on interest rates for deposits of up to six months by …