HSBC shares rise as Georges Elhedery’s pivot East beats the noise Banking HSBC’s pass through the third quarter was almost identical to the second. Despite another hefty hit to the firm’s bottom line, chief executive Georges Elhedery has quietly and effectively pushed ahead with his bold overhaul of the group. For the three months to September 30, HSBC took a 14 per cent profit beat falling to [...]
Deliveroo suspends share buyback programme amid Doordash offer hospitality Deliveroo has suspended its £100m share buyback programme after receiving a proposal from US-rival Doordash. The takeaway giant had unveiled the programme, which would have brought its shareholder returns to £550m since 2023, in its March full-year results. Deliveroo said it could recommence the programme at a later date. On April 25 the company confirmed [...]