HSBC Holding Plc shut four floors of its main office in Hong Kong and some branches on Friday after several staff tested positive for Covid.
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Hong Kong’s worst outbreak since the pandemic began has forced rapid rewrites of policy, packed the city’s hospitals and quickly climbed up Xi Jinping’s to-do list. Next, it may postpone an election.
Retained earnings are the cumulative profits that a business holds onto for operations after any dividends have been paid.Retained earnings refer to any profits a business keeps for operations after issuing dividends to shareholders. Kasia Kiesler via Unsplash; CanvaWhat Are Retained Earnings in Simple Terms?“Retained earnings” refers to the portion of a company’s net income that…
Bloomberg wins Risk Awards 2022 Technology Vendor of the Year, delivering risk analytics while playing a key role in LIBOR transition.
Elon Musk waded further into the political controversy over vaccine mandates that’s gripped Canada for weeks, tweeting a meme making a satirical comparison between Prime Minister Justin Trudeau and Adolf Hitler.
Growth stocks have tumbled. But what's happening in private markets?
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India’s decision to impose a 30% tax on profits from cryptocurrency trading is turning out to be a boon for the country’s digital-asset exchanges.
The sole woman in charge of an investment bank in Europe is wielding a unique opportunity to reshape her division and boost growth at one of Spain’s largest lenders.
Commerzbank AG forecast a profit of more than 1 billion euros ($1.1 billion) this year and said it plans to start returning some of that to investors again through dividends, as Chief Executive Officer Manfred Knof’s turnaround gathers momentum.