As HSBC has reported, its third-quarter profit before tax is down 36% year-on-year, at $3.1 billion. The after-tax figure is $2 billion (46% down), adjusted profit before tax is down 21% to $4.3 billion.
The dip in the shares of SAP was further compounded by the company’s update of its Business Outlook for 2020.
In a bid to bolster its stocks’ future, Tesla is aiming to venture into the market of Europe.
The joint vaccine being developed by the duo of Oxford University and AstraZeneca Plc has reportedly produced a similar immune response in older adults as much as it does for the younger ones.
Reportedly, Epik’s support of far-right leaning groups and matters related to controversial financial transactions with Epik’s Masterbucks cryptocurrency has led to PayPal terminate their partnership with the hosting service provider.
Blackstone Group Inc has inked a US$1.2 billion deal to purchase the real estate startup Simply Self Storage.
According to the latest analysis, major U.S. equity benchmarks Like Dow Jones recorded a decline of 180 point. This decline has been linked to the 83,000 new coronavirus cases recorded in Sun Belt State over the weekend.
Shares of Samsung parent group and its affiliates jumped as a major restructuring will help to strengthen holding company Samsung C&T’s control over Samsung Electronics – the manufacturer of smartphones and chipsets.
As per the market estimates, the Jack Ma-backed Ant Group will list its shares at the Hong Kong and the Shanghai STAR at 69 yuan per share price. This could further boost Shanghai’s status as the fastest ever-growing market in the world.
Tradelax offers a wide array of tools. Customers can access more than 200 financial instruments and trade stocks, commodities, currencies, and indices.
The Global Family Office Summit that took place via Zoom platform on October 20 brought together key players to discuss issues that high value investors are willing to address.
Ripple is planning a Japan move due to poor U.S. regulations. Other considered locations include the UK, UAE, Singapore, and Switzerland.
SoftBank announced on Friday that its shareholders will receive an interim dividend of 22 yen per share.
Huawei Technologies today announced its earnings for the past nine months with figures beating off expectations.
Shanghai-based wealth management company Lufax is looking to raise up to $2.36 billion in its proposed Initial Public Offering for eventual listing on the New York Stock Exchange.