HSBC has taken a drastic approach to cost-cutting under its new chief executive, Georges Elhedery, by terminating investment bankers on the day they were scheduled to receive their bonus figures—without awarding them
President Trump called for a one-year cap on credit card interest rates on Friday, without providing details on implementation. Financial analysts immediately noted that such a move would require congressional approval and
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Dolce & Gabbana has made an unexpected choice for the face of its latest fragrance, The One: 67-year-old pop superstar Madonna, paired with 43-year-old Cuban actor Alberto Guerra. The campaign, directed by
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The board of Warner Bros Discovery has rejected a $108 billion hostile takeover bid from Paramount Skydance, dismissing the proposal as inadequate and excessively risky despite a personal financing guarantee from Oracle
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A Japanese sushi restaurant operator paid a record 510 million yen ($3.24 million) for a single bluefin tuna on Monday, shattering all previous prices at Tokyo’s annual New Year tuna auction, according
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The U.S. Department of Agriculture on Wednesday released details of the Farmer Bridge Assistance program, a $12 billion aid package aimed at helping row crop farmers recover from losses caused by falling
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HSBC Holdings has hired former Citigroup executive Ida Liu to run its global private banking business, according to people familiar with the matter, marking a key leadership appointment as the bank reshapes
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JPMorgan Chase has withdrawn almost $350 billion in cash from its account at the Federal Reserve since 2023, redirecting much of the money into US government debt as it prepares for an
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Lionel Messi’s much-anticipated “GOAT India Tour” began in chaos on Saturday when fans at Salt Lake Stadium in Kolkata rioted after failing to see the Argentine football superstar. Spectators hurled bottles, tore
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HashKey Holdings Ltd., the operator of Hong Kong’s largest licensed cryptocurrency exchange, plans to raise up to HK$1.67 billion ($215 million) through an IPO, according to a filing with the Hong Kong
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India’s battle to contain a rapidly weakening rupee has entered a new, more aggressive phase as the Reserve Bank of India deploys highly unpredictable intervention tactics that are reshaping currency trading and
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