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5 Things You Need To Know, Today, on Tuesday 18th April 2023
5. Florida Governor Ron DeSantis has floated the idea of building a prison near Disney's Florida theme park.
The threat, made smiling, came as he vowed to take new steps to assert state control over the special district that oversees the media giant's property.
4. China's economy grew faster than expected in the first three months of the year, as the country emerged from its tough Covid restrictions.
Compared to the same period last year, gross domestic product (GDP) grew by 4.5%, official figures show.
3. Apple Chief Executive Tim Cook is set to launch the company's first store in India on Tuesday, in financial capital Mumbai.
He will also attend the opening of a second store in capital city Delhi on Thursday.
2. Britain's financial regulators are to set up a new body, over the next two years, to encourage more competition in banking services through the use of third-party apps from fintech firms.
Open banking refers to third-party firms using banking data from customers at mainstream lenders to offer tailored services such as lending or payments, a sector that has helped to turn Britain's fintech sector into the world's third largest with 2,500 companies.
1. The forcible instalment of prepayment energy meters in homes of customers over 85 in Britain will be banned under new rules from the regulator Ofgem.
Suppliers will also have to give customers more chances to clear their debts before making them switch.