
Economic_News



HSBC profits hit by $2.1bn charge for Chinese bank stake
Quarterly earnings lower than expected as investment in Bank of Communications diluted

Revolut weighs buying US bank to get licence
Acquisition would be faster route for fintech to start lending in US than applying for permit of its own

Stockpicking hedge funds make comeback in market turbulence
Equity long-short funds attract investor inflows for first time in a decade on strong returns so far in 2025

Trump’s tariffs spread alarm among Brazilian farmers and ranchers
Threat of 50% US import tax leaves producers of orange juice, coffee and beef in fear of lost sales