Business News

HSBC, one of the world's largest banks, has announced a new cost-cutting plan that will focus on reducing the number of senior bankers in the company. This move is part of HSBC's efforts to...

Norway's sovereign wealth fund, valued at $1.8 trillion, reported a return of 4.4% in the third quarter, amounting to $76.4 billion. The fund, managed by Norges Bank Investment Management, saw gains in both stocks...

HSBC CEO Georges Elhedery has announced a major restructuring within the company. The decision comes as part of the bank's efforts to streamline operations and improve efficiency in the face of changing market conditions.The...

Rachel Reeves, the Shadow Chancellor of the Exchequer, faces a challenging task as she navigates the intricacies of the budget. With the country facing economic uncertainty and pressing financial issues, Reeves must strike a...

The UK government's proposed reforms to workers' rights could have a significant impact on businesses, costing them an estimated £5 billion annually. The reforms aim to increase protections for workers, such as limiting working...

In a recent vote, Moldovans showed their support for talks to join the European Union in a close decision. The outcome of the vote highlights the country's desire to strengthen ties with the EU...

The European Securities and Markets Authority (Esma) is looking to expand its powers to oversee major stock exchanges and other critical parts of the EU's financial infrastructure in an effort to become the European...

Russian spies have been conducting an extensive espionage and hacking campaign in Georgia for several years, infiltrating key government institutions and major companies. The Foreign Ministry, Finance Ministry, central bank, as well as energy...