Business - Global Business Magazine

HSBC, UBS order Hong Kong office changes as COVID cases rise

Global Business Magazine January 6, 2022

Banks in Hong Kong including HSBC Holdings Plc (HSBA.L) and UBS Group AG (UBSG.S) are taking steps to reduce the Read More

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GM to chase Ford, Rivian with a $105,000 electric Silverado pickup

Global Business Magazine January 6, 2022

General Motors Co's (GM.N) $35 billion electric-vehicle strategy will face its biggest test in 2023 when it launches an electric version of its Read More

Banking News World

Bank of America to staff: Get a booster, we’ll give a food bank $100

Global Business Magazine January 6, 2022

Bank of America Corp (BAC.N) told workers on Wednesday it will donate $100 to local food banks for every one of its Read More

Business Economy News World

Saudi Arabia makes deep cuts to crude prices for Asia

Global Business Magazine January 6, 2022

The world's top oil exporter, Saudi Arabia, has cut the official selling price (OSP) for all grades of crude it is selling Read More

Business Economy Finance News World

Asian shares fall after Fed minutes point to faster rate rises

Global Business Magazine January 6, 2022

Asian share markets slumped on Thursday and European stocks were poised for a lower open after Federal Reserve meeting minutes pointed to Read More

Business Economy News World

Cryptocurrencies see outflows in final week of 2021 – CoinShares data

Global Business Magazine January 6, 2022

The final week of 2021 saw a third straight week of investment outflows from cryptocurrency funds, even as it capped a year of Read More

Business Economy News World

What you need to know about the coronavirus right now

Global Business Magazine January 5, 2022

Here's what you need to know about the coronavirus right now.Read More

Banking News World

HSBC China brokerage joint venture partner selling 39% stake

Global Business Magazine January 5, 2022

HSBC Holdings PLC's (HSBA.L) China securities brokerage joint venture partner is selling most of its equity ownership, an exchange filing showed, Read More

Banking News World

StanChart splits Hong Kong workforce on concerns about new COVID-19 outbreak

Global Business Magazine January 5, 2022

Standard Chartered Plc (STAN.L) has started operating in split teams in Hong Kong, a bank spokesperson said on Wednesday, as the Read More

Business Economy News World

Oil holds near $80 after OPEC+ output hike decision

Global Business Magazine January 5, 2022

Oil prices held near $80 a barrel on Wednesday after OPEC+ producers stuck to an agreed output target rise for February and investors Read More

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