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Abandon Hope, Cineworld Tells Shareholders

Cineworld (LON:CINE) shareholders are set to be wiped out completely after talks to bring the company out of bankruptcy failed to attract...

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At G20 Meeting, U.S. Accuses Russian Finance Officials Of Complicity in War

U.S. Treasury Secretary Janet Yellen accused Russian officials attending a G20 finance leaders meeting of being “complicit” in...

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Telekom Reports Q4 Growth, Forecasts Slightly Higher Earnings in 2023

Deutsche Telekom reported better-than-expected-fourth-quarter earnings on Thursday, citing customer growth in Germany and strong...

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Asia FX Edges Higher, Korean Won Surges Even As BOK Holds

Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with the won...

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Dollar Edges Lower; Fed Minutes Loom Large

The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders cautiously...

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Asian Stocks Hit By Tech Rout, More Fed Cues Awaited

Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as...

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IHG Adds $750 Million To Buyback, Raises Dividend As Travel Rebounds in 2022

InterContinental Hotels Group (LON:IHG) said it will buy back another $750 million of stock after the post-pandemic recovery in travel...

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HSBC Logs Sharp Jump In Q4 Profit, Flags Special Dividend

HSBC Holdings PLC (LON:HSBA) logged a sharp jump in its fourth-quarter profit on Tuesday as rising interest rates greatly boosted its net...

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Maersk Nears Complete Russia Exit After Selling Logistics Sites

Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it...

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Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes

Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a slew of Federal Reserve events...

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