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Published on Feb 24, 2021

HSBC's India PBT in 2020 inches up to $1.024 billion

Foreign bank HSBC on Tuesday reported a 1.78 per cent increase in its profit before tax from (PBT) India in 2020 at USD 1.024 billion, to emerge as the third most profitable for the lender after Hong Kong and mainland China. The profit growth came despite …

Source: Economic Times - Uncategorized
Published on Feb 19, 2021

GIFT City starts gaining share in currency mkt, and how!

With the recent entry of global giants such as Barclays, HSBC and Standard Chartered, bankers expect the GIFT City to grab a higher share. Trades at IFC doubled in the past three months, taking the aggregate to $61 billion in the first seven months of …

Source: The Economic Times - Neutral
Published on Feb 23, 2021

Kraft Heinz Commences Cash Tender Offer for Up To $1.0 Billion Aggregate Purchase Price of Certain of its Outstanding ...

PITTSBURGH & CHICAGO, February 22, 2021 (BUSINESS WIRE) -- The Kraft Heinz Company ("Kraft Heinz") (Nasdaq: KHC) announced today that its 100% owned subsidiary Kraft Heinz Foods Company (the "Issuer") has commenced an offer to …

Source: Tradingcharts.com - Neutral
Published on Feb 8, 2021

CFPB probing PayPal’s Venmo unit; will HSBC feel heat from BlackRock?

Wall Street Journal PayPal probed PayPal is being investigated by the Consumer Financial Protection Bureau for the way Venmo, its digital money transfer service, “treats customers who the company says owe it money for transactions that went awry. ” PayPal …

Source: American Banker - Neutral
Published on Jan 22, 2021

COLUMN-Vaccine races and currency wars: Mike Dolan

(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own) LONDON, Jan 22 (Reuters) - A collision of vaccine races, early policy reversal and even currency wars could well give investors a headache this …

Source: Reuters - Neutral
Published on Feb 17, 2021

Star Bulk Carriers Corp. Reports Net Profit of $27.8 Million for the Fourth Quarter and $9.7 Million for the Year Ended ...

ATHENS, Greece, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited …

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Published on Jan 20, 2021

Venerable HSBC Loses its Way

HSBC, aka the Hong Kong & Shanghai Banking Corporation, is due to announce a “strategic refreshment” next month, according to Bloomberg. “Not again,” critics might mutter as the London-based bank whose major profits center is Hong Kong, struggles to …

Source: Asia Sentinel - Neutral
Published on Feb 9, 2021

Unemployment Amid Covid-19 Soars. Transformify Received an Innovate UK Grant to Battle It

LONDON, UNITED KINGDOM, February 9, 2021 /⁨EINPresswire.com⁩/ -- The rise of remote working is quickly shaping the global workforce. According to Gartner, by 2020 nearly 60% of human resource leaders will use a unified talent strategy and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on Jan 21, 2021

UK challengers hinge profit hopes on banking licenses

In the beginning, digital challengers presented themselves as a kind of anti-bank proposition. This initially served them well, especially in the wake of the 2008 financial crisis - which eroded peoples’ confidence in high street lenders so severely that …

Source: Bob's Guide - Neutral
Published on 09:25 GMT

UK's Lloyds bank targets wealth push and office cuts, as profits fall

LONDON (Reuters) - Lloyds Banking Group’s outgoing Chief Executive António Horta-Osório set out fresh targets to expand the lender’s insurance and wealth business and further cut costs, as the bank resumed a dividend despite a sharp fall in profits for …

Source: Big News Network - Uncategorized
Published on Feb 24, 2021

FTSE 100 drops as surging pound dents exporters

The FTSE 100 dropped at the open this morning as the index’s exporters were hit by the pound rising to its highest levels since 2018. London’s premier index was down 0.6 per cent within the first hour of trading, with HSBC, Standard Chartered and …

Source: City A.M. - Uncategorized
Published on Feb 23, 2021

Futures Pointing To Initial Weakness On Wall Street Ahead Of Powell Testimony

The major U.S. index futures are currently pointing to a lower open on Tuesday, with technology stocks likely to lead the way to the downside. Concerns about the outlook for inflation and the potential for higher interest rates may continue to weigh on the …

Source: RTTNews - Neutral
Published on Feb 23, 2021

Oil jumps, gold shows strong gains

Oil rallies impressively Oil powered higher overnight, as global recovery hopes and the slower than hoped return of production and refining in Texas was all the excuse traders needed to reload long positioning. Brent crude leapt 5.0% higher to USD65.80 …

Source: OANDA Market Pulse - Neutral
Published on Feb 23, 2021

Oil rises in Asia, gold ticks higher

Oil finds eager dip-buyers in Asia The gradual reopening of the Texas energy sector was enough to spur profit-taking over the previous two sessions in North America. Brent crude fell by 1.50% on Friday, with WTI falling 2.20% as markets grudgingly …

Source: OANDA Market Pulse - Neutral
HSBC ups U.S. GDP forecasts for 2021 and 2022 on stimulus prospects

(Reuters) - HSBC Holdings (NYSE:HSBC) LLC, Europe's biggest bank, on Wednesday said it raised its forecast for U.S. gross domestic product to 5.0% in 2021, from 3.5% previously, and its growth call for next year to 3.0% from 2.5%. HSBC Global Research …

Source: Investing.com - Neutral
Published on Feb 22, 2021

M&T to buy People's United; rate rise adds to pressure on homebuyers

Receiving Wide Coverage ... Housing pressure builds Mortgage rates recorded “their biggest jump in more than a year last week, as higher Treasury yields and a rise in inflation expectations begin to feed through to the real economy, ” the Financial Times …

Source: American Banker - Neutral
Published on Feb 21, 2021

What is a bitcoin wallet?

Image source: Getty Images Share this page: We all know what a purse or wallet is, but how about a Bitcoin wallet? Well, you can’t store this digital asset in the back pocket of your jeans. I’m going to explain everything you need to know about crypto …

Source: The Motley Fool - Neutral
Published on Feb 19, 2021

Oil slides, gold remains vulnerable

Oil’s long overdue correction begins An easing in the severity of the Texas big chill appears to have been the critical factor that set off the tumble in oil prices overnight. With the speculative market long to the eyeballs in recent times, a correction …

Source: OANDA Market Pulse - Neutral
Published on Feb 19, 2021

Workshop Organised by the International Islamic Trade Finance Corporation and the Central Bank of West African States (...

In collaboration with the Central Bank of West African States (BCEAO), the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, organized a virtual workshop on the trends and …

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Published on February 25, 2021 - 13:00 GMT

Purpose Investments Inc. Launches Currency-Hedged Class of Purpose Bitcoin ETF

TORONTO, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) is pleased to announce the currency-hedged version of the world’s first Bitcoin ETF, Purpose Bitcoin ETF (“the ETF”), will begin trading today on the Toronto Stock Exchange (“ …

Distribution channels: Banking, Finance & Investment Industry
Published on February 25, 2021 - 12:30 GMT

Laureate Education Reports Financial Results for the Fourth Quarter and Full-Year 2020

BALTIMORE, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) today announced financial results for the fourth quarter and the year ended December 31, 2020. Unless indicated otherwise, the results presented below relate to Continuing …

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Published on February 25, 2021 - 14:20 GMT

STEALTHGAS INC. Reports Fourth Quarter and Twelve Months Ended December 31, 2020 Financial and Operating Results

ATHENS, Greece, Feb. 25, 2021 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...
Published on February 25, 2021 - 13:09 GMT

Melco Announces Unaudited Fourth Quarter 2020 Earnings

MACAU, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...

Published on February 25, 2021 - 13:10 GMT

Studio City International Holdings Limited Announces Unaudited Fourth Quarter 2020 Earnings

MACAU, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class integrated resort located in Cotai, Macau, today reported its unaudited financial results for the fourth quarter …

Distribution channels: Business & Economy, Travel & Tourism Industry ...
Published on February 25, 2021 - 13:00 GMT

MannKind Corporation Reports 2020 Fourth Quarter and Full Year Financial Results

Conference Call to Begin Today at 9:00 AM ET 4Q 2020 Afrezza Net Revenue of $10.1 million; +30% vs. 4Q 2019 • Sequential Quarter Growth +38% vs. 3Q 2020 2020 Total Revenues of $65.1 million • 2020 Afrezza Net Revenue of $32.3 million; +28% vs. …

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Published on February 25, 2021 - 12:30 GMT

Adaptimmune Reports Fourth Quarter / Full Year 2020 Financial Results and Business Update

- Outlined strategy to build integrated cell therapy company and the Company’s “2-2-5-2” five-year core value drivers - - Reported compelling durable responses in patients with synovial sarcoma, and initial responses in lung, head and neck, liver, …

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Published on February 25, 2021 - 14:30 GMT

FDCTech Strengthens Balance Sheet as Noteholder Converts Debt Into Restricted Affiliate Equity

Irvine, CA, Feb. 25, 2021 (GLOBE NEWSWIRE) -- FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fintech company with a full suite of FX technology and business solutions, today announced that effective February 22, 2021, FRH Group, …

Distribution channels: Banking, Finance & Investment Industry

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Published on February 25, 2021 - 16:05 GMT

Austin-based SocialTech.ai Receives First Grant

Thrive Grant supports SocialTech.ai in launching Unmudl.com AUSTIN, TX, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- Contending with a worldwide pandemic certainly was not on Austin-based SocialTech.ai’s radar when they began …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 25, 2021 - 15:59 GMT

02 Market just added a new range of stores to save money on Pet Food, Pet Treats and Pet Medical

With 02 market anyone can save money on anything when buy online from Amazon, eBay, Walmart and many more TOMS RIVER, NEW JERSEY, USA, February 25, 2021 /⁨EINPresswire.com⁩/ -- The new price comparison site 02 market offers value for pet owners. …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 25, 2021 - 15:52 GMT

Compute North Starts Major Expansion at Nebraska Data Center to Meet High Customer Demand

As interest in digital asset space increases, 100MW facility now has capacity to support new deals with current customers and emerging players in crypto mining EDEN PRAIRIE, MN, USA, February 25, 2021 /⁨EINPresswire.com⁩/ -- Compute North, an …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on February 25, 2021 - 15:14 GMT

Akiba Antiques Will Offer Spring Fine Arts Auction in March

Akiba Antiques Will Offer Spring Fine Arts Auction in March NEW YORK, NY, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- Akiba Antiques will welcome spring with a fine arts auction on March 2nd, 2021. Collectors can find over 650 lots …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 25, 2021 - 15:00 GMT

Choosing the Right Property Management Company for You

SAVANNAH, GA, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- So you’ve decided to get into the short-term rental game, turning your investment property into real profit. However, you don’t have the time or energy to spend on all the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 25, 2021 - 15:00 GMT

Anblicks joins AWS Select Partner network

Anblicks joins AWS Select Partner Network that allows it to deliver unique solutions to global customers and provide them a competitive edge over rivals. ADDISON, TEXAS, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- Anblicks Inc., a …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on February 25, 2021 - 14:47 GMT

Zalemark Holding CEO Outlines New Directions for Company

ZALEMARK HOLDING COMPANY INC. (OTCMKTS:ZMRK) TORONTO, ONTARIO, CANADA, February 25, 2021 /⁨EINPresswire.com⁩/ -- Zalemark Holding Company Inc. CEO Xia Wu is pleased to provide shareholders with a vision of the Company’s strategic direction moving …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on February 25, 2021 - 13:48 GMT

ID R&D’s Passive Facial Liveness Now Available On-Device

Offers flexibility for mobile and tablet authentication and onboarding deployments NEW YORK, NY, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- ID R&D, the award-winning biometric and liveness detection technology company, today …

Distribution channels: Banking, Finance & Investment Industry, Retail ...
Published on February 25, 2021 - 13:30 GMT

ALORO MINING CORP. PROVIDES UPDATE

ALORO MINING CORP. is pleased to provide the following updates: Aloro Mining Corp. (TSX:aoro) VANCOUVER, BRITISH COLUMBIA, CANADA, February 25, 2021 /⁨EINPresswire.com⁩/ -- February 25, 2021 TSX.V Symbol AORO FRANKFURT Symbol 4LPP ALORO …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on February 25, 2021 - 13:15 GMT

Renewable Energy stock news: Solar Integrated Roofing (OTC: $SIRC) Completes Transition to National Brand

Solar Integrated Roofing Corp. (OTC: SIRC) announces closing of its previously announced acquisition of Cornerstone Construction Solar Integrated Roofing Corporation (OTCMKTS:SIRC) EL CAJON, CALIFORNIA, UNITED STATES, February 25, 2021 /⁨EINPresswire …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on February 25, 2021 - 13:00 GMT

PROTXX phybrata sensing enhances in-clinic and remote patient care for complex neurological conditions

MENLO PARK, CA, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- Silicon Valley, California and Calgary, Alberta based precision medicine technology pioneer PROTXX today announced a powerful new wearable sensing approach to in-clinic and …

Distribution channels: Banking, Finance & Investment Industry, Electronics Industry ...
Published on February 25, 2021 - 13:00 GMT

Financial Coach and Author Dawna Campbell: Living the Secrets to an Abundant and Prosperous Life

BIGFORK, MT, USA, February 25, 2021 /⁨EINPresswire.com⁩/ -- “When the words ‘financially fit’ are heard, there is an initial impression of how to invest, eliminate debt, and create a world of wealth” says financial lifestyle author Dawna Campbell. …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on February 25, 2021 - 11:00 GMT

AMAG Technology Releases Symmetry CompleteView 20/20 5.3

Symmetry CompleteView 5.3, offers many enhancements including a new level of consistency to the user experience across the Desktop, Web and Mobile clients. NEW YORK, NEW YORK, US, February 25, 2021 /⁨EINPresswire.com⁩/ -- AMAG Technology announced …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 25, 2021 - 10:07 GMT

Atlantic Recovery Solutions can be Considered for Recovering Debts from Borrowers

AMHERST, NEW YORK, UNITED STATES ON AMERICA, February 25, 2021 /⁨EINPresswire.com⁩/ -- Atlantic Recovery Solutions, one of the most acclaimed debt recovery agencies is the perfect choice of people or creditors who are dealing it the hard way to get …

Distribution channels: Banking, Finance & Investment Industry ...
Published on February 25, 2021 - 08:48 GMT

The Application Security Market Is Driven By Increasing Security Breaches At The Business Application Level

The Business Research Company’s Application Security Global Market Report 2021: COVID-19 Growth And Change LONDON, GREATER LONDON, UK, February 25, 2021 /⁨EINPresswire.com⁩/ -- New year, new updates! Our reports have been revised for market size, …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on February 25, 2021 - 08:44 GMT

Eden Biologics Anticipates Initiation of Global Phase 3 in 2021 H2 for Its Denosumab Biosimilar

Eden Biologics today announced completion of enrollment for Phase 1 PK Clinical Trial of Eden's lead product candidate EB1001, a Denosumab biosimilar. HSINCHU, TAIWAN, February 25, 2021 /⁨EINPresswire.com⁩/ -- Eden Biologics, Inc., a global …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 25, 2021 - 08:27 GMT

Jianpu Technology(NYSE:JT) Releases Reports to Shed Light on Chinese Financial Consumers

Jianpu Technology (NYSE:JT) BEIJING, CHINA, February 25, 2021 /⁨EINPresswire.com⁩/ -- The advent of a digital age comes with significantly increased financial risks for the average consumer. Jianpu Technology(NYSE:JT), China's leading …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on February 25, 2021 - 08:00 GMT

Global football icon Rio Ferdinand signs for Sokin

Rio Ferdinand, one of England’s most decorated footballers, is investing in fintech company Sokin and will help to support the firm’s international expansion. LONDON, UK, February 25, 2021 /⁨EINPresswire.com⁩/ -- • Rio Ferdinand, one of England’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 25, 2021 - 07:47 GMT

Dotgo™ Bags the Prestigious MEFFY Award 2021

RichOTP™, a product from DotGo, was adjudged the winner by thought leaders from across the globe. BERKELEY HEIGHTS, NEW JERSEY, UNITED STATES OF AMERICA, February 25, 2021 /⁨EINPresswire.com⁩/ -- Dotgo, a pioneer in Rich Communication Services ( …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on February 25, 2021 - 05:56 GMT

Glow, NielsenIQ Partnership Expands to UK and Ireland

European researchers to benefit from extension of partnership combining Glow’s super-fast research tech and NielsenIQ's industry-leading data AUSTRALIA, February 25, 2021 /⁨EINPresswire.com⁩/ -- Today, it was announced that Glow, a leading …

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