HSBC launches $3 billion buyback, profit disappoints on rising costs
(Reuters) – HSBC announced on Monday a fresh $3 billion share buyback, and a more than doubling of third-quarter profit…
Blackstone enters Indian healthcare services with Care Hospitals buy
(Reuters) – Blackstone (NYSE:BX) said on Monday it will buy a majority stake in India’s Care Hospitals from a fund…
Cello World’s IPO receives mixed response, aims for ₹1,900 crore raise
Cello World, a company recognized for its key brands and historic performance, experienced a mixed response as it made its…
Pilots at Qantas’ unit to stop work for two days over wage talks
(Reuters) – The Australian Federation of Pilots (AFAP) said on Friday it has advised an unit of Qantas Airways it…
StanChart shares plummet on almost $1 billion hit from China exposure
(Reuters) – StanChart shares fell as much as 17% in London on Thursday before trading was temporarily halted, after it…
Price rises slow, but Unilever and others struggle to win shoppers back
(Reuters) – Packaged goods makers including Unilever (LON:ULVR) and Nestle disappointed investors with weak third-quarter sales volumes, but that could…
Factbox-Governments race to regulate AI tools
(Reuters) – Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws…
Ford, UAW reach tentative deal to end strike including record pay raise
(Reuters) -The United Auto Workers (UAW) union reached a tentative labor deal on Wednesday with Ford Motor (NYSE:F), the first…
BNP Paribas posts in-line Q3 profits as trading declines
(Reuters) – BNP Paribas, the euro zone’s biggest bank, posted in-line quarterly results on Thursday, as a jump in corporate…
Oil falls after U.S. stockpiles climb, Middle East tensions in focus
(Reuters) – Oil prices fell on Thursday after a rise in U.S. crude stockpiles and a climb in the dollar…