HSBC job cuts in Hong Kong part of $2.5B savings plan
HSBC will announce $1.5 billion in cost savings and 40 job cuts…
Sochi joins Etihad Airways’ growing network with new direct flights
Etihad Airways launches three weekly flights connecting Abu Dhabi and Sochi, adding…
Emerging economies to drive 85% of global electricity demand growth
Global electricity demand is projected to rise nearly 4% annually through 2027,…
Modi and Trump discuss energy trade to reduce US India deficit
Modi and Trump advance trade talks aiming for a $500B partnership by…
U.S. Treasury yields drop despite stronger-than-expected inflation data
Treasury yields declined despite inflation data exceeding forecasts. Investors focused on upcoming…
Sony ups revenue and profit guidance after strong PS5 sales
Sony raised its full-year forecast after strong PlayStation 5 sales lifted revenue…
Jamie Dimon stands firm on JPMorgan’s five-day return-to-office rule
JPMorgan CEO Jamie Dimon dismisses employee concerns over full-time office return, rejecting…
Germany’s Commerzbank announces 3,900 job cuts as part of new plan
Commerzbank will cut 3,900 jobs by 2028 while targeting a €2.4B profit…
Wall Street tumbles as CPI report dampens interest rate optimism
U.S. stocks tumbled Wednesday after inflation data exceeded forecasts, raising fears of…
AI governance takes center stage as 61 nations sign Paris agreement
The AI Action Summit in Paris saw 61 countries commit to ethical…