Citigroup Sells China Wealth Portfolio to HSBC; Valued at $3.6B
Oct 10, 2023 08:34 am UTC| Economy Business
Citigroup Inc. has officially confirmed the sale of its China consumer wealth portfolio to HSBC Holdings Plc. This deal includes the transfer of clients, assets under management (AUM), and deposits. Todays announcement...
China Daily Ventures into NFTs, Eyes Global Collaboration with Top Platforms
Oct 10, 2023 07:56 am UTC| Economy Digital Currency Business
China Daily has announced its foray into non-fungible tokens (NFTs) and metaverse. With a budget of approximately $390,000, the publication seeks a competent third-party contractor to bring its envisioned NFT platform to...
Tesla's China Sales Drop 11% in September; BYD Sees 42.8% Surge
Oct 10, 2023 07:42 am UTC| Business Economy
Teslas sales in China plummeted in September while its stock price was down around two percent on Monday this week but recovered later in the day. Based on a recently published report by the China Passenger Car...
Adani Ports' Shares Dip 4.5% Amid Israel Conflict; Investors Eye Haifa Port Stability
Oct 10, 2023 07:26 am UTC| Economy Politics Business Investing
Shares of billionaire Gautam Adanis Adani Ports And Economic Zone fell 4.5% on Monday, prompting investor wariness due to the possible escalation of the conflict in Israel. Adani Ports owns a major port in Israel. Adani...
Domino's Pizza Unveils 'Emergency Pizza': Free Pies for Urgent Needs
Oct 10, 2023 07:12 am UTC| Business Economy Life
Dominos Pizza announced the launch of its new program called Emergency Pizza. Through this exclusive scheme, the restaurant chain is set to give away free pizzas to customers. Dominos Emergency Pizza was created to...
Saudia, PepsiCo Ink MoU for In-Flight Recycling Initiative During MENACW 2023
Oct 10, 2023 05:37 am UTC| Economy Nature Business
Saudia and PepsiCo have signed a Memorandum of Understanding to further their commitment to sustainability and environmental conservation to collect recyclable material onboard Saudia flights. The objective is to divert...
What the decision to curtail HS2 and embrace cars means for the UK's cities
Oct 09, 2023 12:54 pm UTC| Business Economy
If you consider the decision by the UK prime minister, Rishi Sunak, to cancel phase two of the high-speed rail project, HS2 in the context of the governments growing pro-car stance, the potential ramifications for the...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects