HSBC Launches $1.8B Restructuring Plan to Cut Costs and Boost Returns
HSBC unveils $1.8B in restructuring costs as new CEO aims for leaner operations. Profit jumps but big layoffs loom to boost returns.
HSBC unveils $1.8B in restructuring costs as new CEO aims for leaner operations. Profit jumps but big layoffs loom to boost returns.
Nikola’s rapid rise ends in Chapter 11. The EV truck maker aims to sell core assets as funding dries up.
KFC is moving its US headquarters from Louisville, Kentucky to Plano, Texas, a decision that will affect roughly 100 employees in the next six months and require another 90 remote workers to relocate within 18 months. The change is part of Yum! Brands' strategic effort to tap into more favorable market conditions.
A proposal circulating online suggests that U.S. taxpayers might soon receive a one-time payment of $5,000, funded by significant savings from the Department of Government Efficiency.
Have you ever wondered why some businesses communicate effortlessly with their customers while others struggle? The secret might be in the tools they use. Voice over Internet Protocol (VoIP) is more than just a way to make calls, it’s a powerful marketing asset that can help businesses increase revenue, improve customer engagement, and streamline operations.
Building a strong photography brand is essential for standing out in a competitive industry. A well-crafted brand helps you attract clients and establishes your reputation as a professional photographer. Whether you specialize in portraits, fashion, or commercial work, branding is what sets you apart and makes your work recognizable.
Facebook remains one of the top platforms for individuals, businesses, and brands to connect with a massive global audience. However, with growing competition and millions of users, gaining followers can be challenging. Thankfully, there are several powerful tools that can help you grow your followers steadily over time. These tools assist with content creation, scheduling, performance tracking, and audience targeting, helping you improve your strategy and expand your reach.
Business operations alongside individuals spend their time searching for digital instruments which help them improve their internet presence and organizational efficiency. Plixi reviews say that the service stands as one platform which has started to receive significant notice from users. Plixi stands as an advanced digital service which has received substantial evaluation through public discussions about its capabilities. The assessment evaluates Plixi by delving into its operational features together with benefits and limitations and final assessment.
Spotify is set to launch a new premium tier, potentially adding up to $5.99 per month on top of current subscription fees. Dubbed Music Pro, this service is expected to roll out later this year and will offer high-fidelity audio, innovative remixing tools, and exclusive access to concert ticket opportunities.
Christopher Nolan’s next film adapts Homer’s The Odyssey, starring Matt Damon as Odysseus. The epic journey lands in theaters July 17, 2026.
Elon Musk’s xAI launches Grok 3, a “scary-smart” chatbot powered by 100,000 Nvidia H100 GPUs and advanced training methods, promising fewer AI errors and seamless integration with X (formerly Twitter). Learn how Grok 3 elevates chatbot technology.
Apple has hinted at an upcoming product launch on February 19, sparking widespread speculation that the iPhone SE 4 could finally make its debut. CEO Tim Cook’s cryptic post on social media referred to a “newest family member,” though no specific product name was mentioned.
Apple has joined forces with Alibaba to enhance AI-powered features on iPhones in China, securing a crucial partnership amid growing competition. This deal positions Alibaba as a dominant force in the Chinese AI sector while helping Apple address its declining smartphone sales in the region.
Joann is closing 500 stores in bankruptcy, citing inventory woes. The chain aims to right-size operations for future survival.
eCommerce sales grew by 40% in 2024. Experts predict this growth will continue through 2026. Today's online market requires more than good products - businesses need strong marketing to succeed. Email marketing delivers high ROI for eCommerce companies, so it’s only natural that we take a look at the best eCommerce email marketing agencies.
Marketing is the backbone of any business. According to research by GE Capital Retail Bank, 81% of consumers conduct online research before purchasing. It means that businesses need to develop a robust online presence that engages and supports customers along the way.
Nowadays, it is not uncommon that even the smallest of businesses depend on the software to manage operations, track data, and engage with customers. As software itself comes to life as a service through cloud computing and software as service (SaaS) models, companies have truer reasons than ever for selecting tech solutions.
Duolingo has stirred up the internet with a cryptic announcement declaring the unexpected “death” of its mascot, Duo the Owl. The language-learning platform shared the news in a tongue-in-cheek social media post, leaving fans both amused and confused.
Push notifications allow for effective audience targeting and are gaining popularity in internet marketing. Click here to learn more about the key features, types, and benefits of this marketing approach.
January inflation surged to 3%, topping forecasts. Core prices rose too, straining budgets and fueling Fed policy debate.
Testing app ideas effectively can make the difference between success and redundancy for a startup app development company. In niche markets, precision is paramount, and so is minimizing developmental risk to optimize resource management. Navigating niche markets requires a keen understanding of the audience's unique needs. This is where the MVP approach becomes an invaluable strategy for startups.
While it's true that everyone makes mistakes occasionally, there are some that professionals and business owners can't afford. Among these would be the careless handling of confidential company data and information. The corporation and all parties concerned stand to lose a lot of money if you do not secure this sensitive data.
Google is rolling out a name change for the body of water along America’s southern coast, swapping “Gulf of Mexico” with “Gulf of America” in its Maps app. The update follows an executive order signed by President Trump on his first day in office, directing federal agencies to officially rename the region on all U.S. government maps.
Musk’s $97.4B OpenAI bid sparks Altman’s “no thanks.” The ex-cofounders’ rivalry intensifies as the AI giant eyes a for-profit future.
President Donald Trump’s high-stakes swing through the Gulf, where he sealed a record arms package, dangled giant tech investments and stunned diplomats by pledging to remove a decade of U.S. sanctions on post-Assad Syria.
In a surprise shake-up, UnitedHealth Group CEO Andrew Witty has stepped down effective immediately, citing “personal reasons,” the company confirmed Tuesday.
A real-time markets blog tracking Wall Street’s biggest rally in a month after Washington and Beijing agreed to slash their new “reciprocal” tariffs and resume negotiations.
Herschel Segal, the Montreal retail legend behind both DavidsTea and Le Château, has died. The news was confirmed by DavidsTea in a statement released Saturday, saying Segal passed on Tuesday.
In a move no one saw coming this soon, the U.S. and China have reached a major agreement to temporarily roll back their punishing tariffs, marking a massive shift in one of the most heated global trade standoffs in recent memory.
Russian President Vladimir Putin says he is ready to restart face-to-face negotiations with Ukraine in Istanbul next week, even as European leaders push Moscow to accept an unconditional 30-day ceasefire.
U.S.-China tariff talks paused after 10 hours with no breakthrough. High stakes negotiations to resume Sunday amid fears of escalating trade war.
India and Pakistan broke a U.S.-brokered ceasefire within hours, trading missile strikes after weeks of tension over Kashmir and deadly cross-border attacks.
Fortnite could soon make its long-awaited return to the App Store. Epic Games announced Friday that it has officially resubmitted the game to Apple’s platform, just weeks after scoring a key legal victory in its years-long battle with the tech giant.
At a Kremlin summit, Xi Jinping and Vladimir Putin vow “friends of steel” alliance, deepen military-economic ties and unite against US “dual containment.”
The U.S. is reportedly gearing up to slash its massive 145% tariff on Chinese imports—possibly bringing it down to the 50–54% range—as early as next week. Sources say the move is timed with a key round of trade talks between U.S. and Chinese officials set to take place in Switzerland.
Mexico sues Google for labelling the Gulf of Mexico as “Gulf of America” for US users after Trump decree; clash adds to tensions over politically driven renaming.
Apple may let iPhone users choose AI engines like ChatGPT in Safari, endangering Google’s $20 bn default-search pact and rattling antitrust regulators.
History was made in Vatican City today as Cardinal Robert Francis Prevost was elected the first American pope, taking the name Pope Leo XIV. The 69-year-old Chicago native was chosen on the fourth ballot of the conclave, following the death of Pope Francis in April.
Trump will reportedly order US agencies to say “Arabian Gulf” instead of “Persian Gulf,” outraging Iran and raising risks for ongoing nuclear negotiations.
After more than six decades helping people manage their weight, WeightWatchers has filed for Chapter 11 bankruptcy in the U.S. as part of a financial restructuring plan. With over $1.15 billion in debt, the company is hitting pause to regroup—but this isn’t a shutdown.
OpenAI will become a public-benefit corporation but its non-profit board will keep majority control, easing investor limits while pledging AI for public good.
UK and India sign post-Brexit free-trade deal: whisky and car tariffs slashed, cheaper Indian goods for UK shoppers, £25 bn boost forecast by 2040.
Top U.S. and Chinese officials are set to meet in Geneva this weekend for their first major face-to-face trade talks since President Trump reignited a full-blown tariff war last month.
At the White House, Trump hails PM Mark Carney’s win but keeps tough tariffs; Carney retorts ‘Canada’s not for sale’ as both pledge to renegotiate USMCA.
Israel bombs Sanaa airport after a Houthi missile hit near Ben Gurion, killing three and disabling Yemen’s main runway amid rising regional tensions.
Rihanna has once again mastered the art of a jaw-dropping reveal—this time, confirming her third pregnancy by stepping out with a visible baby bump just hours before hitting the 2025 Met Gala red carpet.
It’s official—Warren Buffett is stepping down as CEO of Berkshire Hathaway after six decades leading one of the most iconic companies in the world. The 94-year-old investing legend made the announcement during the company’s annual shareholder meeting this weekend, confirming that Vice Chairman Greg Abel will take over by the end of the year.
Elon Musk’s dream of turning SpaceX’s launch site into its own city is one step closer to reality. Over the weekend, residents in the tiny South Texas area—mostly SpaceX employees—voted in favor of formally incorporating Starbase, Texas as an official city.
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