Business
HSBC to expedite restructuring plan to reduce costs
HSBC said Tuesday it would speed up its restructuring plan, which would cut costs much more than previously proposed. The bank made the announcement after it posted a 1.31bn (£ 2.3bn) pre-tax q…
Business
The finance chief says Hong Kong exported from China in September
Financial Secretary Paul Chen said in a blog post on Sunday that Hong Kong's exports to sugar recovery began to recover in September. Chen said the city's third-quarter gross domestic p…
Business
Electric car frenzy turned battery makers into electricity brokers
Automotive is investing billions of dollars in bringing new electric vehicles to consumers in the United States and other global markets, but their success depends on securing the most important and …
Business
The owner of British Airways once again reduced flight numbers
The IAG, the owner of British Airways, has said it will fly fewer aircraft than planned for the rest of the year as demand for infectious diseases continues to rise. The airline group has said …
Technology
The company claims that China launched the largest DDoS attack against Google in history
The company has revealed that a government-sponsored hacking group launched the largest distributed denial-of-service (DDOS) attack against Google in 2017. The attack lasted for more than six m…
Technology
EU no-confidence deadline for Google, fitbit deal extended to January 8
EU no-confidence regulators have extended their probe into Google's 2.1 billion Fitbit purchase of the A-bit unit from December 23 to January 1. Such extensions are usually granted’ when compan…
Business
China passed an export control law after the US move
According to state media, China has passed a law banning the export of controlled goods, which allows the government to take action against countries that misuse export controls. Harmed China's i…
Business
Stimulus check math: Here you can get more or less than 1,200 per person
If you care about the size of your next stimulus check or wonder how the IRS calculated the first number, you're in the right place. Knowing how the IRS determines how much money you get is impor…
WorldNews
Shakespeare sells first folio records at $10m
A copy of William Shakespeare's first folio sold for a record $9.98 million ($ 7.6 million) at auction in New York. The 1623 book, published seven years after Bard's death, was the firs…
Middle East
Agreement between Iran and Iraq to release stranded energy payments
Iran has a trade deal with Iraq that will allow it to access funds stranded in Baghdad due to US sanctions, according to the Islamic Republic News Agency's official news agency. The head of…
WorldNews
The Australian dollar expands the Kiwi Downtrend, set for a weekly gain
The Australian dollar rallied over the weekend in positive territory on Friday, bolstered by rising risk sentiment and higher commodity prices, while it's New Zealand counterpart lagged behind th…
WorldNews
The World Bank-backed the FG on ending the petrol subsidy
The World Bank said on Thursday that the removal of petrol subsidies in Nigeria was an important step in the midst of the CovID 19 crisis. The Bank, in its "Africa's Pulse" report…
WorldNews
EasyJet warned of heavy losses and cuts in more flights
EasyJet has warned of losses of more than 800 million this year and expects to fly at only 25% of its normal capacity by next year. Although the airline said in a trade update that it has take…
Business
Experts say Hong Kong will become a major financial center
According to business experts, Hong Kong will remain a key Asian financial center. Speaking to the BBC, he said the new security rules and protests were unlikely to deter investors from mov…
