European Stocks Drop; UK Outperforms on HSBC and BP Earnings
European stocks dropped on Tuesday as earnings season rolled on. UK shares outperformed, helped by gains in BP
2023-08-01 16:45
HSBC Announces Fresh Buyback as Higher Rates Propel Profits
HSBC Holdings Plc announced a new buyback program as higher interest rates stoke the bank’s profits. The London-based
2023-08-01 12:24
Biggest UK Banks Under Fire for Not Passing On Rate Rises
Banks including HSBC Holdings Plc, Barclays Plc and NatWest Group Plc have only passed through about a quarter
2023-07-31 23:47
BOJ Stance to Put Japan Earnings Outlook Under Scrutiny Next Week
Japanese firms will be in the spotlight this week after the Bank of Japan loosened its grip on
2023-07-31 10:47
Christian Nonprofit Ditches Barclays Over Oil and Gas Financing
Christian Aid, a British nonprofit, announced that it will no longer bank with Barclays Plc due to the
2023-07-25 13:22
HSBC Votes Against Big Oil More Often Than Peers, Analysis Shows
The investment arm of HSBC Holdings Plc is ahead of peers in backing shareholder resolutions designed to force
2023-07-17 13:20
Largest UK Lenders Pass Latest Bank of England Stress Tests
The Bank of England said the UK’s eight largest lenders all passed its latest stress test, which examined
2023-07-12 14:55
NATO Latest: Biden Will Support Erdogan’s Request on F-16 Jets
NATO notched a significant breakthrough late Monday — just hours before the start of a two-day summit in
2023-07-11 15:00
Europe Can’t Supply Ukraine With Weapons Fast Enough, Here’s Why
“Before, we had time, but no money,” said Tommy Gustafsson-Rask, head of BAE Systems Hägglunds AB, reflecting a
2023-07-10 07:57
Ukraine’s 39-Year-Old Arms Chief Ramps Up Production in Face of Missile Hits
Just months after he was tapped to oversee Ukraine’s arms industry, Oleksandr Kamyshin says it produced more mortar
2023-07-09 14:27
UK Tells Banks to Do More to Help Savers Access Best Rates
Banks must “accelerate” efforts to make it easier for customers to access their best savings rates, the latest
2023-07-07 02:26
South Africa to Demand Crypto Firms be Licensed by Year-End
South Africa will require that crypto exchanges in the country operate with licenses by the end of the
2023-07-04 21:51