HSBC takes $2.3 bln hit with sale of French retail bank
HSBC has agreed to sell its French retail bank to Cerberus-backed My Money Group in a deal which will mean a loss of around $2.3
Category: Business
EU lifts ban on eight banks barred from bond sales
Eight banks previously excluded from syndicated debt sales backing the European Commission’s up to 800-billion-euro ($950.7 billion) COVID-19 recovery fund will be allowed to take
Ahead of pivotal AGM, Toshiba board chairman vows to be ‘agent of positive change’
Toshiba Corp (6502.T) Board Chairman Osamu Nagayama pledged to be “an agent of positive change, not a protector of the status quo,” as he sought
OPEC told to expect limited U.S. oil output growth, for now
OPEC officials heard from industry experts that U.S. oil output growth will likely remain limited in 2021 despite rising prices, OPEC sources said, giving it
German state of Bavaria in talks with Intel on chip megafactory
Germany’s southern state of Bavaria is in talks with Intel (INTC.O) to build a European chip factory in a bid to counter supply bottlenecks that
How central banks are responding to climate change
The Bank of Japan unveiled a plan on Friday to boost funding for fighting climate change, a surprise move underscoring the growing importance of the
Mystery behind slump in India’s Adani Group company shares
Shares of companies controlled by Indian billionaire Gautam Adani recorded their biggest weekly losses ever. The six stocks cumulatively lost 1.91 trillion Indian rupees ($25.83