Showing 71 - 80 of 498
HSBC announces $1 bn share buyback as 2021 profits double
AFP, Published on 22/02/2022
» HONG KONG - HSBC on Tuesday announced bumper 2021 profits and plans to repurchase shares worth up to $1.0 billion as the Asia-focused bank continues its recovery from the coronavirus pandemic and major restructuring.
Meta agrees $90m settlement in Facebook privacy suit
AFP, Published on 16/02/2022
» SAN FRANCISCO: Facebook-parent Meta has agreed to pay $90 million to settle a 10-year-old lawsuit accusing it of tracking users online even after they logged off the social network, court records show.
Tesla makes 4th car recall in two weeks
AFP, Published on 11/02/2022
» NEW YORK: Tesla was recalling over a half a million US electric cars due to a "Boombox" feature that can drown out audible warnings for pedestrians, in the fourth recall made public in two weeks, records showed Thursday.
Meta's profit slips as Facebook loses users
AFP, Published on 03/02/2022
» SAN FRANCISCO: Facebook's parent firm Meta on Wednesday delivered a gloomy mix of a sharper-than-expected drop in profit, a decrease in users and threats to its ad business that plunged shares some 22% in after-hours trading.
Markets tumble as US Fed signals end of pandemic-era cheap cash
AFP, Published on 27/01/2022
» Equity markets tanked Thursday following a late sell-off on Wall Street in reaction to a surprisingly hawkish turn by US Federal Reserve boss Jerome Powell, who signalled the bank would begin lifting interest rates in March.
Asia markets dive as volatility sweeps globe ahead of Fed meeting
AFP, Published on 25/01/2022
» Asian markets plunged Tuesday following a highly volatile day on Wall Street fuelled by fears about the Federal Reserve's plans to hike interest rates, with attention lasered on its upcoming two-day policy meeting.
US stocks fall again, sending Nasdaq nearer to dreaded 'bear' market
AFP, Published on 22/01/2022
» WASHINGTON: Wall Street stocks tumbled again Friday following a plunge in Netflix shares that sent the Nasdaq further into correction territory, spurring questions of just how far the market will fall.
Microsoft to buy US gaming giant Activision-Blizzard for $69bn
AFP, Published on 18/01/2022
» NEW YORK: Microsoft announced Tuesday a landmark $69 billion deal to purchase US gaming giant Activision Blizzard, grabbing the sex harassment scandal-hit firm as the tech colossus seeks to boost its power in video games.
Head of Credit Suisse resigns over Covid rules breach
AFP, Published on 17/01/2022
» ZURICH - The head of Credit Suisse has resigned less than a year after taking the reins of the scandal-hit bank following reports that he had broken Covid quarantine rules.
Macau's casino giants rally after gaming bill revealed
AFP, Published on 17/01/2022
» HONG KONG: Shares in Macau's casino giants surged Monday morning after the world's biggest gambling hub announced changes to its regulations, reducing the uncertainty that has plagued the lucrative sector's six operators.