HSBC Reports Significant Profit Increase and Announces Share Buyback
Business & Markets • 2 months ago
The London-based bank's second-quarter net profit rose 68%, alongside a plan to repurchase up to $1 billion in shares.
Business & Markets News
SpaceX Faces Investor Scrutiny in First Earnings Call as Public Company
Business & Markets • 2 months ago
Investors will question Elon Musk on Starship progress, satellite plans, and financial performance as shares trade significantly below their June peak.
Asian Markets Mixed as Oil Prices Rise, Wall Street Rallies
Business & Markets • 2 months ago
Investors weigh currency intervention and inflation concerns amid fluctuations in tech stocks and oil.
Heatwaves Could Drive Up Grocery Prices, Experts Warn
Business & Markets • 2 months ago
Persistent high temperatures and drought conditions may disrupt food supply chains, leading to increased costs for consumers.
Australian Cafe Owner Questions Viability of New Businesses Amid Soaring Operational Costs
Business & Markets • 2 months ago
A veteran cafe owner in Sydney stated he would not open a new business today due to the significant increase in operational expenses.
Bristol Horror Bookshop Seeks £20,000 to Avert Closure
Business & Markets • 2 months ago
The Haunted Bookshop is running a crowdfunding campaign to cover operational costs amid economic pressures and reduced footfall.
Discount Retailer Panda Mart's Chaotic Brisbane Launch Draws Crowds and Safety Concerns
Business & Markets • 2 months ago
The 'real-life Temu' store, Panda Mart, opened in Brisbane to massive queues and trashed aisles, echoing similar chaotic openings in Victoria and raising past safety concerns.
Qantas Considers Outsourcing 1,000 Jobs to India as Part of Cost-Cutting Initiative
Business & Markets • 2 months ago
The Australian airline is reportedly exploring partnerships to move back-office functions to India under a project leveraging artificial intelligence.
Australian property no longer a 'bad investment,' says finance expert
Business & Markets • 2 months ago
ABC finance commentator Alan Kohler argues housing should be a place to live, not a wealth-building tool, and sees a market shift driven by government policy and economic factors.