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Hong Kong Regulator Fines UBS $1.5 Mln For Compliance Breaches
Swiss bank UBS (UBSG.S) was fined HK$11.55 million ($1.5 million) by Hong Kong's securities regulator for failing…
Hippo CEO Hopes Listing Will Fuel Better Insurance Coverage For Homeowners
Hippo Enterprises Inc (RTP.N) wants to change homeowners' insurance by using customer data to make it faster and…
SolarEdge Shares Surge After Quarterly Earnings Top Estimates
Shares of SolarEdge jumped nearly 12% during premarket trading on Tuesday after the company topped expectations…
Bill Gates And Melinda French Gates Are Officially Divorced Following 27-Year…
Microsoft co-founder Bill Gates and Melinda French Gates have gotten divorced after 27 years of marriage. A Monday…
Treasury Yields Climb, 10-Year Rate Rises To 1.19%
U.S. Treasury yields climbed on Tuesday morning, with the 10-year rate rising to top 1.19%, despite concerns about…
Zoom To Settle US Privacy Lawsuit For $85 Mn
Zoom, the video conferencing firm, has agreed to settle a class-action US privacy lawsuit for $85 million, it said…
Economists Fear Europe’s Recovery Could Be Derailed By One Key Issue
European consumers are proving more reluctant to spend money this summer, and it could hurt the economic recovery…
SSE Makes $1.7 Bln Scotia Gas Exit In Low-Carbon Push
Britain's SSE (SSE.L) on Monday agreed to sell its entire 33.3% stake in Scotia Gas Networks (SGN) for 1.225…
Exclusive ADB, Citi, HSBC, Prudential Hatch Plan For Asian Coal-Fired Closures…
Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising…
Canada GDP: Economy Shrank In May But Picked Up In June With Reopening
Statistics Canada says real gross domestic product (GDP) contracted 0.3 per cent in May during lockdowns,…
Russia’s Oil, Condensate Output Rises Amid Higher OPEC+ Quotas
Russia increased oil production in July for the first time in three months, after more generous quotas were…
Foreign Investors Exit Takes Toll As Stock Market Decline By N973.2bn In Seven…
Profit-taking on price appreciation of stocks recorded last year and foreign investors exit Impacted the Nigerian…
Airtel Money Secures New investment From Qatar’s Sovereign Wealth Fund
Airtel Africa Plc has announced that it has secured a $200m investment for its mobile money arm from Qatar Holding…
Former President Barack Obama is now a minority owner in National Basketball…
Former President Barack Obama has become a strategic partner and minority owner in the National Basketball…
Asian Shares Try To Stabilise, China Growth A Worry
Asian shares were seeking a modicum of stability on Monday as a run of stellar U.S. corporate earnings put a floor…
France’s Axa Rebounds From Pandemic With A 180% Spike In Net Income
French insurer Axa posted on Monday a 180% surge in net income in the first half as the company rebounded from last…
AON’S Looking At Up To $1.4 Bln In Costs Over Scrapped Willis Deal
Insurance broker Aon Plc (AON.N) said on Friday it could have to expend up to $400 million in additional costs tied…
Chinese Electric Car Start-Up Li Auto Delivers More Cars Than Xpeng Again
Deliveries of what is essentially a hybrid electric car from U.S.-listed Li Auto surpassed those of rival start-up…
HSBC Profit More Than Doubles As Economies Rebound, Loan-Loss Fears Ebb
HSBC Holdings (HSBA.L) on Monday reported forecast-beating first-half pretax profit that more than doubled from a…
Twitter’s Dorsey Leads $29 Bln Buyout Of Lending Pioneer Afterpay
Square Inc (SQ.N), the payments firm of Twitter Inc (TWTR.N) co-founder Jack Dorsey, will purchase buy now, pay…
World Health Organization Officials Try To Figure Out Why Delta Is So Much…
World Health Organization officials said they are still trying to understand why the delta variant is more…
Internal Revenue Service Expands Employer Tax Credit For Covid Vaccine Paid Time…
The Treasury Department announced Thursday that it will expand tax credits to employers who give workers paid time…
Microsoft Is In Talks To Invest In Indian Budget Hotel Start-Up OYO
Microsoft is in advanced talks to invest in Indian budget hotel chain Oyo, a source familiar with the matter…
Tesla Megapack Caught Fire At Victorian Big Battery Site In Australia
A fire occurred within a Tesla Megapack at one of the largest batteries in the world in Australia’s Victoria state…
Investors Bought Chinese Stocks In The Last Week, Despite Regulatory Concerns
Investors bought into Chinese stocks in the last week, despite mounting concerns about harsh regulation, according…
Amazon Sales Growth Slows In Tame Start To Jassy’s Tenure As CEO
Amazon.com Inc (AMZN.O) on Thursday said sales growth would slow in the next few quarters as customers venture…
SoftBank Q1 Performance Seen Buoyed By China IPOs; Crackdown Clouds Outlook
SoftBank Group Corp (9984.T) is set to report a boost to Vision Fund returns when it posts quarterly earnings due…
Robinhood Closes At $34.82 In Grim Stock Market Debut
Robinhood Markets Inc's shares (HOOD.O) closed more than 8% lower at $34.82 per share on their first day of…
Uber Delays Office Return, Makes Vaccination Mandatory For U.S. Employees
Uber Technologies Inc (UBER.N) is pushing back its back-to-office date to late October globally, and all employees…
Explainer: Major Ethereum Upgrade Set To Alter Supply, Fix Transaction Fees
Ethereum, the second-largest blockchain network, is about to undergo a technical adjustment that will significantly…