HSBC dished out $19bn to shareholders last year – and there’s more to come in 2024 May 3, 2024 HSBC dished out roughly $19bn (£15.1bn) to shareholders in respect of last year and expects continued strong payouts in 2024, its management has said, as Europe's biggest bank looks to weather economic uncertainity and interest rate cuts.
Ed Warner: Forget WrestleMania, Super Bowl or the Olympics – London mayor should seek hefty portfolio of sporting events May 2, 2024 Cultivating a calendar of repeat events has far greater benefit over time than splurging on a mega jamboree.
Banking stocks are back: Natwest leads FTSE 100 in 2024 as lenders beat expectations May 2, 2024 Just three months after Bank of England governor Andrew Bailey called their weak share prices a “puzzle”, the UK's biggest banks have buoyed investors with impressive returns.
The Notebook: Has London revived its rave scene? May 2, 2024 Susannah Streeter takes the Notebook pen to have her say on the Tiktok ban, Shein's search for a float, and London's new rave scene.
FTSE 100 today: London shares poised to rise after US Fed maintains status quo; eyes on Apple and StanChart earnings May 2, 2024 Asian markets opened cautiously on Thursday after the US Federal Reserve signalled a delay in interest rate cuts, dragging Wall Street lower. Oil prices surged in anticipation of US reserve replenishment, and the yen strengthened amid intervention speculation. Qualcomm's stock surged on strong earnings. Focus now turns to earnings reports from Apple and StanChart.
FTSE 100 today: London stocks to stay subdued in light trading as Asia and Europe mark Labour Day holidays May 1, 2024 Asian markets were mixed following Wall Street's poor performance. Concurrently, oil prices experienced a decline while gold remained stable. Starbucks, AMD, and Supermicro saw significant stock declines. Now, all eyes are on the upcoming US Federal Reserve policy decision and Chair Jay Powell's remarks.
Shein cash giveaways similar to Temu’s raise data privacy issues April 30, 2024 Fast-fashion giant Shein has launched a number of promotions on its app, such as "magic draw", "draw easily", "free gift", and "spin to win".
Explained: The UK’s Chinese electric vehicle insurance quandary April 30, 2024 Chinese electric cars are expected to flood the UK market and there is a growing nervousness among insurers that premiums could soar in response.
Who are the runners and riders to succeed Noel Quinn as HSBC boss? April 30, 2024 In a shock announcement this morning, Noel Quinn announced that he is drawing the curtain on a nearly four-decade career at HSBC. So who are the leading contenders to succeed him as chief executive of Europe's largest bank?
Growth markets India and Thailand help Prudential keep up the momentum April 30, 2024 Prudential said these figures reflected the group's "strong momentum" despite strong comparators in the same period last year.