HSBC shares slid more than 6 percent after the company reported revenues fell by a fifth from 2015. As Sonia Legg reports, it underscores the challenge it faces to boost returns amid low global interest rates and slowing economic growth in its core markets of Britain and China.
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITYRule 8.5 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Name of exempt principal trader:HSBC Bank Plc(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offereeWincanton plc(c) Name of the party to the offer with which exempt principal trader is connected:Offeree: Wincan
OJ Simpson was planning to sign memorabilia days before his cancer death. The acquitted double-murder suspect, who died aged 76 on April 10 from prostate cancer, autographed sports merchandise while behind bars to fund his $50,000-a-day ‘Dream Team’ squad of nine attorneys in his 11-month ‘Trial of the Century’ in 1994 and 1995 where he stood accused of butchering his ex-wife Nicole Brown Simpson, 35, and her 25-year-old waiter friend Ron Goldman. His old friend and long-time sports merch dealer
Alexa Penavega and her husband Carlos are mourning the loss of their daughter after she was "born at rest". The 'Spy Kids' actress went public with the heartbreaking news on Monday (15.04.24) after their fourth child - a little girl named Indy - was stillborn but Alexa, 35, feels grateful to have "found peace" after the tragedy. In a candid post on Instagram, she wrote: "There are never the right words to say when it comes to loss. After a beautiful and peaceful delivery, our daughter ‘Indy’ was
Meghan, Duchess of Sussex has launched her lifestyle brand American Riviera Orchard with jars of jam. The 42-year-old royal teased fans by announcing the company's name and website on Instagram last month, but didn't give away any further details about what the company will be selling and now it's been revealed the first product off the shelves is strawberry jam. Meghan's brand has sent out 50 jars of the American Riviera Orchard to influencers who have been posting pictures of the sweet treat o
Prince Harry could reportedly face a bill of more than £1 million over his security funding court fight. The Duke of Sussex, 39, has been fighting the 2020 decision to downgrade his taxpayer funded, round-the-clock protection when he quit senior royal duties with his wife Meghan, Duchess of Sussex, 42, to move to America. But it emerged on Monday (15.04.24) the dad-of-two – who has children Archie, four, and two-year-old Lilibet with Meghan – he had lost his initial bid to appeal against the mov
Ensemble Capital Management, an investment management company, released its first quarter 2024 investor letter. A copy of the same can be downloaded here. During the quarter, the strategy gained 10.48% compared to the S&P 500’s 10.56% return. The stock market rallied by 10.56% in Q1 2024, adding to the 11.69% rally in Q4 2023. The strategy […]
Meta Platforms' Oversight Board is reviewing the company's handling of two sexually explicit AI-generated images of female celebrities that circulated on its Facebook and Instagram services, the board said on Tuesday. The board, which is funded by the social media giant but operates independently from it, will use the two examples to assess the overall effectiveness of Meta's policies and enforcement practices around pornographic fakes created using artificial intelligence, it said in a blog post. Advances in AI technology have made fabricated images, audio clips and videos virtually indistinguishable from real human-created content, resulting in a spate of sexual fakes proliferating online, mostly depicting women and girls.
With Middle East anxiety still brewing in the background, the red hot U.S. retail readout for March has underlined the sheer strength of the economic expansion there and is super-charging the dollar around the world. Against Tuesday's news of a spluttering March for China's economy, and a surprising rise in British jobless during the month, the exceptional U.S. performance stands out yet again and has catapulted the dollar to new highs for the year. China's first-quarter GDP annual growth of 5.3% did surpass expectations but March industry and retail growth missed forecasts, new home prices fell at their fastest pace in eight years and property investment fell almost 17% year-on-year.
Troubled star would be ‘fuming’ at how she’s depicted in Sam Taylor-Johnson’s new film, says Tyler James
Euro zone bond yields inched upwards on Tuesday after rising at the start of the week on the back of strong U.S. data and a fall in demand for safe assets. Bond markets have become more volatile in recent days as a clear divergence has opened up between the U.S. and European economies, while the rise in tensions between Israel and Iran has caused investors to switch in and out of government debt, which is seen as a safe haven during uncertainty. Germany's 10-year bond yield, the benchmark for the euro zone, was up 2 basis points (bps) at 2.453%, within the 2.2% to 2.5% range it has traded in since early February.
PITTSBURGH, April 16, 2024--DICK’S Sporting Goods (NYSE: DKS) and SidelineSwap, the world’s largest online marketplace for new and used sporting goods, are expanding their resale partnership for the third straight year to offer SidelineSwap’s recommerce services to more DICK’S athletes throughout the U.S. The growth of this partnership comes in direct response to consumers’ increased interest in resale to both save money and live more sustainable lifestyles.
NEW YORK, April 16, 2024--Uptime Institute launches Sustainability Assessment to allow companies to benchmark & demonstrate digital infrastructure sustainability credentials.
LONDON, April 16, 2024-- TR-1: Standard form for notification of major holdings
Huge billows of smoke rose over downtown Copenhagen and people were seen rushing inside the building to save paintings
OAKLAND, Calif., April 16, 2024--Him For Her, the social impact organization focused on introducing companies to historically underrepresented talent at scale, today announced new appointments to its Board of Directors and Advisors. The expanded team will help guide the organization as it aims to solve board diversity in the next ten years.
Dublin, April 16, 2024 (GLOBE NEWSWIRE) -- The "Saudi Arabia in 2040: The Future Demographic" report has been added to ResearchAndMarkets.com's offering.Positive natural change will drive population growth in Saudi Arabia from 2021 to 2040. Ageing will increase, influencing consumer trends and spending habits as quality healthcare boosts the 65+ population. Urbanisation will continue to be swift as cities attract internal migration through economic opportunities. While Saudi Arabia will have rel
A look at the day ahead in U.S. and global markets from Mike Dolan With Middle East anxiety still brewing in the background, the red hot U.S. retail readout for March has underlined the sheer strength of the economic expansion there and is super-charging the dollar around the world. Against Tuesday's news of a spluttering March for China's economy, and a surprising rise in British jobless during the month, the exceptional U.S. performance stands out yet again and has catapulted the dollar to new highs for the year. China's first-quarter GDP annual growth of 5.3% did surpass expectations but March industry and retail growth missed forecasts, new home prices fell at their fastest pace in eight years and property investment fell almost 17% year-on-year.
Politics is set to become a complicating factor for the Fed.
From thinking ‘why me, why now?’ after learning the Queen had died to suggesting Boris Johnson’s dog left fleas in No10, The Independent looks at the key revelations from the bombshell book
Rishi Sunak is due to speak to Benjamin Netanyahu on Tuesday in a bid to prevent further escalation in the Middle East conflict
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