Business

February 17, 2025
Business, News

HSBC Investors Support CEO’s Plan to Exit High-Risk Investment Banking

HSBC’s investors have thrown their support behind CEO Noel Quinn’s plan to exit high-risk investment banking activities, marking a significant shift in the bank’s strategy. The decision, approved at...

February 17, 2025
Business, Technology

China’s Leadership Signals Business-Friendly Policies in Meeting with Private Sector Giants

Amid concerns over economic slowdown and regulatory crackdowns, Chinese President Xi Jinping held a rare meeting with some of the country’s most influential entrepreneurs, including Alibaba co-founder Jack Ma....

February 14, 2025
Business, Technology

Analysts Bullish on Sony as Shares Surge 10% on Strong Forecasts

Sony Group shares surged as much as 10.7% on Friday after the company raised its revenue and profit forecast for the fiscal year ending March 2024. Analysts are optimistic...

February 13, 2025
Business, News

Nissan and Honda Forge New Partnership After Merger Talks Collapse

Nissan and Honda have decided to forge a new partnership focused on electric vehicles (EVs) and autonomous driving technologies after merger talks between the two Japanese automakers collapsed. The...

February 13, 2025
Business, News

Barclays Reports Strong Q4 2024 Earnings on Investment Banking Growth

Barclays has announced strong earnings for the fourth quarter of 2024, driven by exceptional performance in its investment banking division. The British bank reported a 12% increase in net...

February 12, 2025
Business, News

Can Gucci Reclaim Its Legacy? Kering Bets on New Designer Amid Sales Slump

Gucci, once a symbol of luxury and innovation, is at a critical juncture as its parent company, Kering, seeks a new designer to revive the brand amid a persistent...

February 12, 2025
Business, Stocks

SoftBank’s Cash Reserves Drop to 30.6Billion Amid 2.4 Billion Quarterly Loss

SoftBank Group Corp. has reported a net loss of 369.17 billion yen (2.4billion) for the third quarter of fiscal year 2024, as its Vision Fund investments faced significant declines....

February 11, 2025
Business, News

Coca-Cola’s Q4 2024 Earnings Reflect Resilience in Challenging Economic Climate

Coca-Cola’s strong fourth-quarter earnings for 2024 reflect the company’s resilience in a challenging economic climate. The beverage giant reported revenue of 11.2billion,a611.2billion,a60.60, beating analysts’ estimates of $0.56. The company’s ability...

February 11, 2025
Business, News

Macquarie’s Exit Highlights Challenges Facing Global Climate Coalition

Australia’s Macquarie Group has exited the Global Climate Coalition (GCC), joining major US banks in stepping away from the organization. The move highlights the challenges facing collective climate efforts...

February 11, 2025
Business, News

China’s Push for Stability Drives Record Dividend Payouts in 2025

China’s efforts to stabilize its financial markets and attract foreign investment are driving another year of record dividend payouts in 2025. Analysts predict that Chinese companies will distribute over...