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Category: Finance

Impact of HSBC’s soaring profit on global economy
Finance

Impact of HSBC’s soaring profit on global economy

February 21, 2024

Europe’s largest bank, HSBC, recently announced a massive 80% increase in its pre-tax profit, reaching $30.3 billion. This significant jump…

Importance of Leadership Transition in Corporate Settings
Finance

Importance of Leadership Transition in Corporate Settings

February 20, 2024

The recent announcement of Woolworths boss Brad Banducci’s resignation has taken the Australian supermarket giant by surprise and has raised…

The Impact of President Milei’s Shock Therapy on Argentina’s Economy
Finance

The Impact of President Milei’s Shock Therapy on Argentina’s Economy

February 16, 2024

President Milei’s shock therapy approach to Argentina’s economy has sparked both support and concern among the public. While some believe…

Whisky’s Growing Popularity Challenges China’s Baijiu Dominance
Finance

Whisky’s Growing Popularity Challenges China’s Baijiu Dominance

February 15, 2024

Whisky, with its rich history and diverse flavors, has had a long-standing uphill battle in China’s spirits market dominated by…

Elon Musk Encourages Corporations to Move Legal Homes Away from Delaware
Finance

Elon Musk Encourages Corporations to Move Legal Homes Away from Delaware

February 15, 2024

In a bold move, Elon Musk has announced that his rocket company SpaceX has shifted its legal home from Delaware…

Japan Faces Economic Setback as Recession Strikes Unexpectedly
Finance

Japan Faces Economic Setback as Recession Strikes Unexpectedly

February 15, 2024

Japan has been hit by an unforeseen recession as its economy contracted for two consecutive quarters. The country’s gross domestic…

Elon Musk Recommends Companies to Move Away from Delaware: What You Need to Know
Finance

Elon Musk Recommends Companies to Move Away from Delaware: What You Need to Know

February 15, 2024

In a recent announcement, Elon Musk, the CEO of SpaceX, revealed that the legal home of his rocket company has…

Nigerian Former Central Bank Chief Accused of Forging Ex-President’s Signature to Withdraw $6m
Finance

Nigerian Former Central Bank Chief Accused of Forging Ex-President’s Signature to Withdraw $6m

February 14, 2024

In a shocking revelation, it has been reported that Nigeria’s former central bank chief, Godwin Emefiele, is facing allegations of…

Amazon Founder Jeff Bezos Sells $4bn Worth of Shares: Impact and Precautions
Finance

Amazon Founder Jeff Bezos Sells $4bn Worth of Shares: Impact and Precautions

February 14, 2024

In a major development, Jeff Bezos, the founder of Amazon and one of the richest individuals in the world, has…

The Factors Behind the US Economy’s Strong Performance in Comparison to Europe
Finance

The Factors Behind the US Economy’s Strong Performance in Comparison to Europe

February 13, 2024

The US economy has emerged stronger than its European counterparts, posting a 3.3% gain in GDP in the fourth quarter…

Sony Music Group Pays $600 Million for Stake in Michael Jackson’s Catalogue
Finance

Sony Music Group Pays $600 Million for Stake in Michael Jackson’s Catalogue

February 10, 2024

Sony Music Group has reportedly acquired a 50% stake in Michael Jackson’s catalogue for a staggering $600 million, indicating that…

Impact of Cocoa Price Increase on Chocolate Industry
Finance

Impact of Cocoa Price Increase on Chocolate Industry

February 9, 2024

The global cocoa industry is facing a major crisis as the price of cocoa hits a record high due to…

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