International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a briefing on the Global Policy Agenda at IMF headquarters during the IMF/World Bank Spring Meetings in Washington, DC on April 18, 2024. Mandel Ngan | Afp | Getty Images Kristalina Georgieva, the managing director of the International Monetary Fund, played down the prospect of […]
Representations of cryptocurrency Bitcoin are placed on a PC motherboard in this illustration taken June 16, 2023. Dado Ruvic | Reuters Hong Kong on Tuesday launched six spot bitcoin and ether exchange traded funds — becoming the first in Asia to offer retail investors the ability to trade the cryptocurrencies at spot prices. The cryptocurrency […]
Microsoft CEO Satya Nadella (C) arrives for a meeting with Indonesia’s President Joko Widodo at the Merdeka Palace in Jakarta on April 30, 2024. (Photo by BAY ISMOYO / AFP) (Photo by BAY ISMOYO/AFP via Getty Images) Bay Ismoyo | Afp | Getty Images Microsoft on Tuesday said it will pump $1.7 billion into Indonesia […]
Christian Meunier, chief executive officer of the Jeep brand at Stellantis NV, during the 2023 New York International Auto Show (NYIAS) in New York, US, on Wednesday, April 5, 2023. Bloomberg | Bloomberg | Getty Images Global automaker Stellantis on Tuesday reported a 12% decline in revenue in the first quarter, citing lower sales and foreign […]
(Bloomberg) — Gold fell — narrowing what is set to be its third straight month of gains — as investor focus turned to this week’s Federal Reserve rate-decision meeting at which policymakers are expected to strike a hawkish tone. Most Read from Bloomberg Bullion edged lower to trade around $2,320 an ounce — though it […]
A man polishes a Volkswagen ID GTI Concept car on display at the International Motor Show (IAA) in Munich, southern Germany, on Sept. 5, 2023. Christof Stache | Afp | Getty Images German carmaker Volkswagen on Tuesday said its operating profit dropped by 20% in the first quarter as weaker demand for its premium brands […]
xi jinping China has built up a $170bn (£135bn) stockpile of gold after a record buying spree, in a move that has raised fears Beijing is preparing its economy for a possible conflict over Taiwan. The People’s Bank of China (PBOC) bought 27 tonnes of gold in the first three months of the year, taking […]
Is being nice holding you back at work? One viral TikTok has young workers up in arms about the perils of being pleasant in the workplace. A TikToker who goes by the name Jacqueline recently posted a TikTok video where she claimed that people who are “a pleasure to work with” will “never get promoted.” […]
Carlos Sainz of Ferrari during second practice ahead of the Formula 1 Las Vegas Grand Prix at Las Vegas Strip Circuit in Las Vegas, United States on November 17, 2023. Jakub Porzycki | Nurphoto | Getty Images Nothing in Formula One is simple. Driver weight, tire pressure, and wind speed are measured to the fourth […]
The HSBC Holding logo is being displayed on a smartphone with HSBC visible in the background in this photo illustration taken in Brussels, Belgium, on February 20, 2024. Jonathan Raa | Nurphoto | Getty Images HSBC beat expectations in its first quarter earnings report on Tuesday. Revenue came in at $20.8 billion, gaining 0.3% from […]
The HSBC Holding logo is being displayed on a smartphone with HSBC visible in the background in this photo illustration taken in Brussels, Belgium, on February 20, 2024. Jonathan Raa | Nurphoto | Getty Images HSBC beat market expectations in its first quarter earnings report on Tuesday, and announced the surprise departure of Group Chief […]
McDonald’s french fries Picture Alliance | Picture Alliance | Getty Images McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profits and boycotts hurt its Middle Eastern sales. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $2.70 adjusted vs. […]
