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.
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.
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 .
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.
YieldStreet's partnership with BlackRock, a behemoth that manages $7.4 trillion, may signal that crowdfunding platforms are ready for wider adoption.
Franklin said in a press release that it agreed to acquire Legg Mason for $50 per share in an all-cash deal.
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.
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.
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.
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.
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.
If you're dragging your feet to submit your 2019 tax return, you aren't alone. Here's what you need to quickly and accurately wrap up your taxes and get it to the IRS.
The move marks the first time a U.S. fintech company has acquired a bank.
President Donald Trump objected on Tuesday to U.S. proposals that would prevent companies from supplying jet engines and other components to China's aviation industry and suggested he had instructed his administration not to implement them.
A federal judge in Texas on Tuesday rejected Chinese telecommunications equipment maker Huawei Technologies Co Ltd's constitutional challenge to a U.S. law that restricted its ability to do business with federal agencies and their contractors.