What triggered Noel Quinn’s shock exit from HSBC
Chair Mark Tucker secured a third chance to choose the chief executive of Europe’s largest bank
Chair Mark Tucker secured a third chance to choose the chief executive of Europe’s largest bank
High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.
Miltary spending is surging in the face of heightened geopolitical tensions. The UK plans to hike it to 2.5% of GDP by 2030, amounting to £87 billion a year. This is an increase from around 2.3% today, which Prime Minister Rishi Sunak has said is necessary in an “increasingly dangerous” world.
The Better Goods store brand will carry plant-based, gluten-free and higher-end food and could help the retailer attract more affluent shoppers.
Getting a room in a nursing home comes with a sky-high price tag. Jeremy Poland/E+ via Getty ImagesIf you needed long-term care, could you afford it?
For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not.
Exchange of letters between the Governor and the Chancellor
Greece’s Producer Price Index (PPI) recorded only a marginal contraction in March, dropping by 0.1 percent year-on-year (YoY), after falling by 4.3 percent in February, ELSTAT data showed on Tuesday.
Greece’s retail sales went deeper into contraction in February, with a drop of 3.8 percent year-on-year (YoY), after an upwards revised decline of 3 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
More zoom, less doom? Andrii YalanskyiTech startups will be enthused by the news that Silicon Valley venture capital (VC) veteran General Catalyst is on the verge of raising US$6 billion (£4.8 billion) for backing new companies.
The court verdict in the Mati wildfire trial has become the subject of political jockeying between the government and main opposition party SYRIZA amid surprise at the leniency of the sentences issued.