HSBC has taken drastic cost-cutting measures by firing investment bankers on the day they were expecting their bonuses. The layoffs are part of a broader strategy to focus on Asia and the Middle East, ...

The layoffs take place as deal-making activity in Asia and around the world declines. Investment banks like HSBC are facing further difficulties as a result of weak market circumstances in China and ...

In a bold move aimed at cutting costs, HSBC has laid off a group of investment bankers, leaving many shocked and angry. The ...

This article delves into HSBC’s surprising layoffs, Jingye's rejection of UK governmental support for British Steel, and MFE’s ambitious bid to strengthen its foothold in the European media landscape.

US stocks plunged after President Trump announced a baseline 10% tariff on all US trading partners, sending shockwaves ...

US stock futures are pointing at a sharp decline on Thursday after President Trump announced a 10% tariff on all US trading ...

Another major tranche of layoffs came from one of the biggest names in the aerospace industry, Boeing. The embattled aircraft maker known for its infamous 737 Max has been looking to trim its fat, and ...

Companies globally have been quietly shifting production to avoid the tariffs U.S. President Donald Trump slapped on China ...