Canadian banking is no longer the engine driving profit growth at the country’s large lenders.
The past months have been brutal for the UK’s retail and consumer industries, and one bank that’s felt its fair share of the pain is HSBC Holdings Plc, which has found itself on the wrong side of several of the highest-profile failures.
Deutsche Post AG will start running a fleet of electric vans with range-extending fuel-cell technology from 2020, potentially creating a follow-up success to the German mail operator’s own no-frills delivery vehicle that left Volkswagen AG and Daimler AG trailing.
Fiat Chrysler Automobiles NV is poised to announce a tie-up with Renault SA as soon as today, opening a path for the Italian-American automaker to eventually become part of the Renault-Nissan Motor Co alliance, according to people familiar with the matter.
To the big-time buysiders, those investors more likely to check their portfolio by the season than the session, it was just another week. The S&P 500 still shows a big green number for 2019, after all.
The month of May went from bad to worse as the trade war rhetoric between the US and China moved up a notch. Commodities, dependent on growth and demand, took fright, with the energy sector leading the Bloomberg Commodity Index to a weekly loss.
QIIB remains focused on digitalisation and utilising financial technology (fintech), which is rapidly emerging, said chief executive officer, Dr Abdulbasit Ahmad al-Shaibei.
A low-ball proposal by parent Barrick Gold Corp to buy out Acacia Mining Plc is an “appropriate” and “elegant” solution to a two-year dispute that has devastated the relationship between the global miner and one of its African subsidiaries, Barrick’s CEO says.
President Donald Trump golfed, attended a Sumo wrestling match and ate dinner with Japanese Prime Minister Shinzo Abe at a hibachi restaurant. But the real business starts today as the two leaders sit down in an attempt to resolve tensions over trade and defence ties.
The escalating US-China trade war has sent dividend-rich sectors like utilities higher, but investors don’t need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China.
Lebanon’s government on Friday finalised its 2019 draft budget but stopped short of officially passing it, a crucial step that could unlock billions of dollars in aid and revive the economy.