Chief Financial Officer Georges Elhedery told reporters in his first interview since taking the position that HSBC is considering a potential exit from as many
Category: WORLD NEWS
EU alleges rip-off of retail investors by banks and insurers on financial products; to streamline costs.
To promote investment and improve the efficiency of its capital market, the European Union unveiled measures on Wednesday to reduce the prices that ordinary investors
AI is poised to disrupt search engines, productivity, and online shopping sites. – Bill Gates.
Microsoft Corp. co-founder Bill Gates stated on Monday that creating the best artificial intelligence agent—which has the potential to upend search engines, productivity software, and
EU seeks nod of the top court in its $14 billion tax dispute with Apple.
The EU’s competition watchdogs made an appeal to the EU’s top court on Tuesday to overrule a lower court and order Apple to pay a
Chevron to acquire PDC Energy in a $7.6b deal to expand U.S. drilling inventory.
Chevron Corp announced on Monday that it will purchase PDC Energy Inc. for $7.6 billion, including debt, in an all-stock deal, expanding its U.S. drilling
Meta may cut-off European users over a record-breaking $1.3b fine for privacy violations.
The European Union issued Meta a record $1.3 billion privacy violation fine on Monday and told it to stop sending user data over the Atlantic
Mexico car show carnage: 12 dead, 9 injured.
The local administration of Baja California, in northern Mexico, stated that a shootout at a car show on Saturday resulted in at least 12 fatalities
Chip tech war: China bars U.S Micron’s products for constituting a national security risk.
China’s cyberspace authority declared on Sunday that Micron Technology products had failed its network security examination and that operators of crucial infrastructure would no longer
Wobbly grid: California grid operator signs off an energy mix of 40GW at a cost of $7.3 billion.
The electric grid operator in California has authorized a proposal for 45 new power transmission projects, estimated to cost $7.3 billion over the next ten
Brokerage Charles Schwab to raise $2.5b debt offering, as investors capitalize on a spike in yields.
In an effort to profit from investors hoping to take advantage of a rise in yields, Charles Schwab Corp announced on Thursday that it is
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