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A service for global professionals · Tuesday, December 3, 2024 · 765,930,394 Articles · 3+ Million Readers
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HSBC Business News Monitoring

  • Published on 22:12 GMT

    Stocks, Bonds, Dollar Barely Budge After JOLTS: Markets Wrap

    (Bloomberg) -- A rally that drove stocks to a series of all-time highs showed signs of fatigue, with traders sifting through the latest labor-market figures ahead of this week’s key jobs data. Equities struggled to make headway, following a relentless …

    Source: Mint - Neutral
  • Published on 14:04 GMT

    FTSE 100 Live: Index surges to new five-week highs, oil giants and...

    FTSE 100 adds 73 points Marston's and SSP rise as results impress BRC retail sales show fall in November But entertainment spending up, Barclaycard finds   1.43pm: FTSE lifted by oil prices Oil prices are picking up from yesterday's two-week lows, …

    Source: Proactive Investors - Neutral
  • Published on 18:00 GMT

    Scammers impersonate Spain’s Princess Leonor on TikTok to deceive victims worldwide

    Princess Leonor of Spain does not have an official TikTok account, yet dozens of accounts impersonating her have emerged, targeting victims globally — especially in Latin America. These fraudulent profiles, some created using advanced artificial …

    Source: El País - Center-left
  • Published on 12:25 GMT

    The transformation of shared services

    Over the past several decades, organizations in both the private and public sectors have turned to shared services. Sometimes, the goal was reducing operational costs or improving efficiency. Other times, it was more about consolidating functions and …

    Source: CIO - Neutral
  • Published on 11:28 GMT

    CoachHub secures €40M in growth funding for digital coaching AI

    CoachHub, A leading global digital coaching platform, has secured a €40 million growth financing facility from HSBC Innovation Banking UK. This capital will enable CoachHub to accelerate its investment in artificial intelligence (AI) and further expand its …

    Source: Tech.eu - Label Pending
  • Published on 11:07 GMT

    These are the founder traits most likely to secure funding

    With so many startups vying for investment, it can feel like something of a lottery as to which founding teams secure funding.  It’s a little bit about the product and strategy, it’s a lot about networking and who you know, but, beyond that, are there …

    Source: UK Tech News - Label Pending
  • Published on 05:33 GMT

    Singapore gets tough on commodity trading practices after series of scandals

    After a series of scandals at the height of the Covid pandemic, Singapore’s efforts to rein in its commodity trading sector have culminated in a lengthy prison sentence for a former oil trader now in his 80s. Lim Oon Kuin — known as OK Lim, and once one of …

    Source: The Financial Times - Neutral
  • Published on 09:53 GMT

    StanChart targets $200 billion in new wealth assets over next five years

    By Lawrence White LONDON (Reuters) - Standard Chartered will target $200 billion in new assets and double digit growth in income from its wealth business over the next five years, it said on Tuesday, as part of a wider strategy to shift to higher fee- …

    Source: Yahoo Finance - Label Pending
  • Published on 07:51 GMT

    Summary Of Global Wealth Management Senior Moves In Global Wealth Management – September 2024

    As is usual after the August vacation season, the pace of moves and appointments increased in September in the UK, continental Europe, the Middle East and various jurisdictions in the broader EMEA region. Andy Mielczarek stepped down as CEO of UK …

    Source: Wealth Briefing - Neutral
  • Published on 07:38 GMT

    Man jailed for defrauding Irish biotech company

    A 56-year-old who defrauded €840,000 from an Irish biotechnology company who were making an “important scientific development,” has been jailed for three and a half years. Mayo-based bio-tech firm Ovagen was trying to raise funds of €28 million for the …

    Source: Breaking News from Ireland - Neutral
  • Published on 07:56 GMT

    Hong Kong Is Becoming Hub for Financial Crime, U.S. Lawmakers Say

    Leading China hawks in the U.S. House of Representatives are calling for a rethink on whether Hong Kong should continue to enjoy the cozy banking relationship it has with the U.S., saying the city is becoming a hub for money-laundering and sanctions …

    Source: To Vima - Uncategorized
  • Published on 10:32 GMT

    Manufacturing PMI falls to 56.5 in November

    NEW DELHI India’s manufacturing activity, as measured by the HSBC India Manufacturing Purchasing Managers’ Index (PMI), came at 56.5 in November, lower than the 57.5 reading in October and the flash PMI reading of 57.3, according to a release by S&P …

    Source: Hindustan Times - Uncategorized
  • Published on 07:20 GMT

    RBI MPC December 2024: Will Inflation Stop Shaktikanta Das To Cut Rate, Know What Trends Say

    Last Updated:December 03, 2024, 11:45 IST RBI has kept the repo rate unchanged at 6.5% since February 2023 and experts think some easing could only be possible in 2024. The RBI kept the repo rate unchanged at 6.5 % in its last bi-monthly review (October) …

    Source: News18 - Center-right
  • Published on 04:15 GMT

    Investors pump £100m into Andium Homes

    ANDIUM Homes has secured £100 million from private institutional investors to fund its development programme as it looks to deliver hundreds of homes over the next few years. The affordable housing provider raised the funds through the private placement …

    Source: Jersey Evening Post - Neutral
  • Published on 01:36 GMT

    DBS hires private bankers for rich Russians as rivals balk

    DBS Group Holdings has beefed up its wealth management team to cater to rich Russians at a time when many global rivals are staying away from the business amid concerns over widening sanction risks. Singapore’s biggest lender hired two people in recent …

    Source: The Business Times Singapore - Neutral
  • Published on Dec 2, 2024

    3 things the next Stellantis CEO will need to fix

    The Stellantis (STLA) 2024 roller coaster hit a new low with CEO Carlos Tavares’s abrupt resignation on Sunday. Stellantis’ senior independent director Henri de Castries said in a statement that “in recent weeks different views have emerged,” which have …

    Source: Yahoo Finance - Label Pending
  • Published on Dec 2, 2024

    [Video] Daily Compliance News: December 2, 2024 – The Committed to Compliance Edition

    Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News—all from the Compliance Podcast …

    Source: JD Supra - Label Pending
  • Published on Dec 2, 2024

    Man who defrauded biotech company of €840,000 jailed for over three years

    Mayo-based biotech firm Ovagen was trying to raise funds of €28 million for the patenting of a germ-free egg for use in vaccines when they were introduced to a Swiss banking company called Enerbiz. Its CEO Adrianus Johannes Kees said he would help Ovagen …

    Source: Irish Independent - Center-right
  • Published on Dec 2, 2024

    AEON MINING - "Smart" cloud mining investors are all here Earn $1,000 per day

    6.3 million smart cloud mining investors have a tacit understanding with AEON MINING. AEON MINING was founded in 2019 with the concept of "long-term investment and asset allocation". Starting from clean energy, it has become an online cloud …

    Source: International Business Times Singapore - Label Pending

29 days 11:23:51

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