Bank Innovation | Rick Morgan | Jan 22, 2020 HSBC is improving payments for its business clients through a suite of tools launched last week called Treasury APIs, which are designed to speed up payments for small businesses and large corporate clients alike. HSBC’s Treasury APIs embed payment capabilities into other workflows. According to the bank, this
World stocks markets were knocked off record highs on Tuesday as two of the world’s mega companies reported damage from the coronavirus outbreak.
Alstom shares fell on Tuesday after the French firm agreed to buy the rail division of Canada's Bombardier for up to 6.2 billion euros ($6.7 billion), in a deal likely to be scrutinized by regulators and unions.
Apple Inc's surprise warning that it will likely fall short of this quarter's sales target due to the coronavirus epidemic points to much pain for its chip and other suppliers as well as for rivals who also rely on China to build their products.
Oil fell to below $57 a barrel on Tuesday, pressured by concerns over the impact of the coronavirus outbreak in China on oil demand and a lack of any further action by OPEC and its allies to support the market.
Oil fell below $57 a barrel on Tuesday, pressured by concerns over the impact on oil demand from the coronavirus outbreak in China and a lack of further action by OPEC and its allies to support the market.
Walmart Inc reported lower-than-expected holiday quarter U.S. comparable sales on Tuesday as a shorter holiday season and weak demand for apparel, toys and electronics hurt sales in stores.
When cameraman Mark Xia returned to his job this month after holidays, the Shanghai video production house where he worked told him to take three months of leave with no pay, as a coronavirus epidemic takes a toll of China's businesses.
Franklin said in a press release that it agreed to acquire Legg Mason for $50 per share in an all-cash deal.
YieldStreet's partnership with BlackRock, a behemoth that manages $7.4 trillion, may signal that crowdfunding platforms are ready for wider adoption.
Walmart Inc forecast slowing online growth for the year on Tuesday after reporting weak results for the holiday quarter that suggested it was leaking sales to Amazon.com.
Samsung Electronics Co Ltd's semiconductor manufacturing division has won a contract to make new Qualcomm Inc 5G chips using its most advanced chip-making technology, two sources familiar with the matter said, boosting the Korean firm's efforts to gain market share against rival Taiwan Semiconductor Manufacturing Co .
Standard Chartered on Tuesday said it will provide $75 billion in financing by 2024 toward sustainable development and clean energy projects, as it expands on its aspirations to support the Paris Agreement on climate change.
HSBC could be forced to take $600 million in additional provisions against loan losses if the Coronavirus outbreak persists into the second half of this year, Chief Financial Officer Ewan Stevenson said on Tuesday.
Tax scams often pick up during tax-filing season, which runs through April 15 this year. Here are some common types of fraud and how taxpayers can protect themselves.