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Roland Jackson

HSBC boss in shock exit as bank warns of ‘challenging’ times

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Monday's surprise news came shortly before HSBC reported first-half net profit up 18.6% at $8.5-billion from a year earlier.
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Nissan sparks Brexit shockwaves through UK auto sector

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The carmaker revealed Sunday that the crossover vehicle would no longer be manufactured at its vast plant in Sunderland
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Britain eyes higher growth in Brexit year

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​Britain has ramped up its economic growth outlook for next year, when the country will exit the European Union
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007 carmaker Aston Martin drives into £4.3bn London listing

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Aston Martin has priced its initial public offering at £19 per share in the middle of its stated range
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Europe’s energy giants reap benefits of oil price surge

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Rising oil prices can push up inflation, but first, they translate into rising revenues and profits for energy majors and producer nations
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Global markets plunge as Greece shuts banks

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Markets across the world tumble as Greece orders its banks to shut for a week and imposes capital controls after its citizens emptied ATMs.
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Standard Chartered takes a knock in market value

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Standard Chartered's market value has slumped almost a quarter after US regulators alleged it hid $250-billion in transactions with Iran.
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BP posts annual loss on oil-spill disaster

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BP on Tuesday posted its first annual loss in almost two decades as a result of last year's devastating Gulf of Mexico oil spill.
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Goldman Sachs faces UK probe as net widens

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UK launched a probe into US bank Goldman Sachs on Tuesday linked to US fraud charges that the Wall Street giant misled investors.
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BA, Iberia sign merger deal to create global giant

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BA and Spanish flag carrier Iberia on Thursday announced a merger deal to create one of the world's biggest airlines.
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World stock markets slump on European debt fears

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Global equities tumbled on Friday as investors ran for cover on fears that soaring European state debt could damage a fragile economic recovery.
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Kraft swallows Cadbury in multibillion-dollar takeover

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Cadbury, a monument to the British chocolate bar, fell on Tuesday to US giant Kraft by accepting an offer worth £11,5-billion.
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