Business News Ping An doubles down on campaign to break up HSBC TWHN Aug 11, 2022 HSBC’s largest shareholder Ping An has doubled down on its campaign to break the bank up, rejecting executives’ recent arguments that… Read More...
Business News Disney adds streaming subscribers but cuts long-term target TWHN Aug 10, 2022 Walt Disney defied concerns about a slowdown in the streaming industry by adding a robust 14.4mn subscribers to its Disney Plus… Read More...
Business News Trump refuses to answer questions in New York state probe TWHN Aug 10, 2022 Donald Trump refused to answer questions at a deposition in a New York state probe into his businesses on Wednesday, invoking his… Read More...
Business News US stocks and bonds rally after lower than forecast inflation data TWHN Aug 10, 2022 US stocks and government bonds rallied on Wednesday after data showed inflation in the world’s largest economy had steadied, raising… Read More...
Business News Taiwan security officials want Foxconn to drop stake in Chinese chipmaker TWHN Aug 10, 2022 Taiwanese national security officials want to force Apple supplier Foxconn to unwind an $800mn investment in Chinese chip company… Read More...
Business News Justice department under pressure to explain raid on Donald Trump’s estate TWHN Aug 10, 2022 The US Department of Justice is under pressure to provide a fuller explanation of the FBI’s search of Donald Trump’s Florida estate… Read More...
Business News Coinbase racks up $1.1bn loss as crypto trading volumes slump TWHN Aug 9, 2022 Cryptocurrency exchange Coinbase revealed that revenue had plummeted 61 per cent in the latest quarter as crypto prices fall and… Read More...
Business News US tech stocks dragged lower by slowing semiconductor demand TWHN Aug 9, 2022 Wall Street tech stocks fell on Tuesday after chipmaker Micron Technology warned of slowing consumer demand, sparking concerns over… Read More...
Business News Abrdn swings to first-half loss as market turmoil dents performance TWHN Aug 9, 2022 FTSE 100 fund manager Abrdn swung to a first-half loss in the first six months of the year as the global downturn in markets and… Read More...
Business News Live news updates: SoftBank shares drop 5% after release of record first-quarter loss TWHN Aug 9, 2022 Russia said it would suspend American inspections of its nuclear weapons under a key treaty with the US because of western sanctions over… Read More...