04/05/2025 |
HSBC Asset Management's global head of sustainability to departThe top sustainable finance executive at HSBC's asset management division is leaving the firm, HSBC said on Friday, the latest in a series of departures from the bank amid a restructuring under its new chief executive.
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Wildfires dent Berkshire's profit; cash soars to $347.7 billionWarren Buffett's Berkshire Hathaway on Saturday posted a lower operating profit in the first quarter, dented by insurance losses from wildfires and foreign currency changes, while its cash stake grew to a record $347.7 billion.
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Big Oil earnings show split in production strategy, shareholder returns Big Oil's first-quarter earnings have shown a clear split in how companies are positioned to weather the downturn sparked by a slump in oil prices to a four-year low in April.
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20/04/2025 |
Italy agrees with US to oppose 'discriminatory' tech taxesItaly and the United States issued a joint statement against "discriminatory" taxes on digital services on Friday, in a possible signal Rome is moving away from a levy that has irked Washington.
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Buick finally had cars Americans wanted to buy - then came tariffs General Motors’ Buick was on a roll. Sales for the once-stodgy brand were up 39% in the first quarter with a refreshed lineup of compact SUVs including the Envision, Encore GX, and the Envista, its top-selling SUV for under $30,000.
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Google to appeal against part of US court's decision in monopoly caseAlphabet's Google plans to appeal against the "adverse" portion of the court decision in the U.S. Department of Justice’s monopoly case against the technology giant. Read More |
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12/04/2025 |
Argentina soy, once parched, now has too much rainDrenched Argentine fields due to heavy rains in the country's farm heartland are raising fears of soybean losses and delayed sales of the 2024/25 crop, although drier weather on the horizon should bring relief to producers, industry experts said. Read More |
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GM to halt EV van production in Ontario to adjust for market demandGM is temporarily halting production of its electric commercial van at its assembly plant in Ontario due to slow sales, the company and the union representing workers there said.
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French bikers race to buy Harleys before possible tariffsSales are brisk at the Villiers-Sur-Marne Harley-Davidson dealership outside Paris, where French bikers reckon they had better hurry if they want the American motorcycle of their dreams before trade war puts them out of reach.
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29/03/2025 |
Dominion Energy slashes CEO's cash payout on long-term goalsDominion Energy CEO Robert Blue missed out on taking home more than $4 million in cash after the utility's shareholder return and operating profit during 2022-2024 failed to meet performance targets.
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