Preparations are at an “advanced stage” for HSBC, one of the world’s biggest lenders, to try again to bolt together its commercial banking division with its global banking and markets unit. The revamp could lead to hundreds of job losses […]
HSBC returns to cost-cutting plan Read More »
A day after the anniversary of the 7 October terrorist attack that killed 1,200 Israelis, the Middle East conflict intensified again when Israel deployed a fourth division of troops inside Lebanon, says Seb Starcevic for Politico. The move brings the
Israel conflict: the concerns of a wider war Read More »
Shares in American drug giant Pfizer rose by 3% this week after it emerged that US activist investor Starboard Value has built a stake of $1 billion and has contacted former executives about “turning around the struggling pharmaceuticals giant”, says
Pfizer shares rise as US investor takes $1 billion stake Read More »
One of the big long-term issues facing the UK is the relatively high cost of housing. Over the last 30 years, the ratio of house prices to average incomes has steadily risen (with a brief fall during the financial crisis)
Harworth doubles profit as revenue soars — should you buy? Read More »
Shares in Intel jumped by 8% last week following reports that chipmaker Qualcomm had approached its struggling rival about a potential takeover, says the Financial Times. A deal is “far from certain” and no formal offer has been made, but
Qualcomm could acquire rival Intel – but it won’t be easy Read More »
