HSBC CEO Noel Quinn to retire
(Reuters) - HSBC Holdings on Tuesday said its chief executive, Noel Quinn, has decided to retire.
(Reporting by Rishav Chatterjee in Bengaluru; Editing by Savio D'Souza)
(Reuters) - HSBC Holdings on Tuesday said its chief executive, Noel Quinn, has decided to retire.
(Reporting by Rishav Chatterjee in Bengaluru; Editing by Savio D'Souza)
Chinese takeaway Chee Wei has been given a top hygiene rating after being handed a one star previously.
"She effectively shut down the store bakery for a week. It took not one, but two people to replace my 67-year-old mother. She never went back. The department manager was fired."
Zaven Boyrazian looks at an up-and-coming natural resource penny stock that's potentially on track to thrive as demand for copper surges with EVs. The post Here’s a 75p penny stock that has the potential to almost triple! appeared first on The Motley Fool UK.
After the stunning performance of the Rolls-Royce share price in the past 18 months, can it keep going? This writer looks at some potential scenarios. The post £1, £2, £3, £4: what’s to stop the Rolls-Royce share price reaching £10? appeared first on The Motley Fool UK.
This article was first published in March
The China Association of Automobile Manufacturers (CAAM) is "strongly dissatisfied" with anti-subsidy tariffs proposed by the European Union, the industry group said in a statement on Saturday. Manufacturers had cooperated with the European Commission's investigation into Chinese subsidies, but the inquiry had ignored the facts and preselected results, CAAM said in a post on the Chinese messaging app WeChat. The EU imposed tariffs of up to 37.6% on imports of electric vehicles made in China from Friday, with a four-month window during which the tariffs are provisional with intensive talks expected between the two sides.
Thailand's consumer protection agency has received about 70 complaints since initiating a probe into aggressive discounting by BYD dealers that has left some buyers feeling they overpaid for their Chinese electric vehicles. Prime Minister Srettha Thavisin told BYD Chief Executive Wang Chuanfu, who was in Thailand to mark the opening of its first Southeast Asian factory this week and paid a courtesy call to the premier on Friday, to better manage customer expectations about pricing and ensure local buyers were protected. Wang gave assurances that future pricing would be appropriate and affected customers would receive support, according to a government spokesman.
Suffolk Trading Standards has seized thousands of unsafe products set to be sold on eBay.
STORY: China has dropped some hints about how it could retaliate against EU tariffs on its electric vehicle exports. The Commerce Ministry said Friday it would hold a hearing to examine claims European brandy producers are selling into the country at below market rates. Officials have also referred to another probe into EU pork exports. Analysts say the targets were chosen to pressure Spain and France - which have been among the strongest backers of the new levies. Europe this week imposed import tariffs of up to 37.6% on China-made EVs. That will hit local brands like BYD, but also Chinese-made cars from western firms including Tesla. The tariffs are provisional, while Brussels conducts a probe in Beijing’s support for its carmakers. China has said both sides should stay at the negotiating table for now. Officials have said they don’t want another trade war, but will take all necessary steps to protect Chinese firms. Reports in state-backed media indicate other possible targets for retaliation. That could include dairy products and luxury cars. The EU tariffs have also divided opinion in Europe. German automakers have called for them to be scrapped, fearing they could be a target for Beijing’s response.
North Sea oil and gas producers urged Britain's incoming Prime Minister Keir Starmer to provide clarity on his election promise to increase tax on the sector, warning it could lead to a rapid decline in output and revenue. Starmer's Labour Party swept to power in a parliamentary election on Thursday, ending 14 years of Conservative government. David Whitehouse, Chief Executive of industry body Offshore Energies UK, said the sector and investors were deeply concerned over Labour's plans.
Critics of the legislation warned that the higher wages could lead to restaurants laying off some of their workers, or even closing down.
Rachel Wells doesn't see herself ever working for an employer again, given the perks of being fully self-employed and trying different income streams.
Letters: Readers respond to Mary Beard’s defence of Cambridge University’s mandatory retirement age
Boeing (BA) may be confronting fresh legal hurdles as reports suggest the Justice Department is considering charging the aerospace manufacturing giant with fraud over fatal planes from years prior. This potential development adds to the company's ongoing legal challenges, which have primarily stemmed from safety concerns within its production process for its premier jet lines. Market Domination co-hosts Jared Blikre and Josh Lipton break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Encirc, a significant player in glass container design, manufacturing, and logistics solutions, has pledged to prioritise employee health and wellbeing.
(Bloomberg) -- ConocoPhillips sued to block a Biden administration ban on drilling across nearly half the National Petroleum Reserve in Alaska, claiming the measure violates a federal law that compels oil development there.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossSingapore Is Making Life Tougher for Global TalentIran Elects President Who Wants to Revive Nuclear Talks With WestBiden’s Defiant Interview Unlikely to Calm Democratic NervesTrump Distance
(Bloomberg) -- Oil posted its fourth straight weekly advance, with declining US stockpiles and Hurricane Beryl extending crude’s early-summer rally.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossSingapore Is Making Life Tougher for Global TalentIran Elects President Who Wants to Revive Nuclear Talks With WestBiden’s Defiant Interview Unlikely to Calm Democratic NervesTrump Distances Bid From Second-Term Agenda Pushed by AlliesWest Texas Intermediate fell
STORY: Here's what's been making the business headlines in sub-Saharan Africa this week.1. Kenya's President William Ruto spoke by phone to IMF chief Kristalina Georgieva in the days after he withdrew $2.7 billion in proposed tax hikes in response to deadly protests, two diplomatic sources have said.The sources, speaking on a condition of anonymity, did not provide details but said there was agreement among major donors that the IMF needed to show flexibility as Kenya looked to fill the gap caused by the finance bill's withdrawal.2. The World Bank has suspended Gabon's right to make loan and grant withdrawals from July, due to non-payment of outstanding obligations, a letter seen by Reuters showed on Wednesday (July 3).:: September 4, 2023Gabon, where a junta seized power in August last year, had overdue payments totalling around $17 million as of June 30, the letter said. A World Bank spokesperson said it was regrettable that an official letter had found its way into the media, and said they were confident authorities will "take steps to regularize the situation as soon as possible".3. South Africa's Rainbow Chicken is focused on keeping costs low as it begins life as a standalone company, its CEO said on Monday (July 1).The leading poultry firm has been spun off by parent company RCL Foods and listed on the Johannesburg Stock Exchange.The industry has been battling erratic electricity supplies in addition to South Africa's worst ever bird flu outbreak last year.4. Niger's junta has agreed to talks with Benin's government to help restore relations after a coup in Niger last year led to the border closing and a China-backed oil pipeline shutting down.:: August 17, 2023Authorities in both countries said no date had been decided for the meeting.5. And finally, Nigeria aims to host an oil and gas roadshow to woo back international energy companies that quit its onshore sector, a senior government official said on Monday.International oil companies including Shell and Exxon have exited its onshore fields to focus on deep offshore exploration.Oil firms have long complained about insecurity in the Niger Delta, pipeline vandalism and crude theft as well as recent oil legislation which overhauled fiscal terms in the sector.
WorkSafeBC has fined a Richmond, B.C.-based packing company almost $300,000 after falling pallets struck and killed a worker.The incident occurred in December 2022 at a warehouse belonging to the Great Little Box Company (GLBC), which handles packaging for a wide range of industries from beauty to manufacturing to food and beverage. At the time, a forklift operator was taking down a row of six loaded pallets of boxes that reached over six metres high when he left to chat with a coworker, accordi
Dave Stephenson’s dual role is emblematic of a larger shift within the HR space that puts a new emphasis on business skills.