Trump says he will announce a replacement for Powell as Fed chair Friday morning
President Donald Trump said Thursday that he will be naming his pick Friday for the new Federal Reserve chair.
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HSBC targets Hong Kong IPOs after missing out on listings boom
Lender ‘maniacally focused’ on rebuilding its investment bank in one of its home markets
Cuba has ‘15 to 20 days’ of oil left as Donald Trump turns the screws
Crude exports to Havana are drying up, according to Kpler, amid US blockade of Venezuela and pressure on Mexico
US moves to open Venezuela’s vast crude reserves to Big Oil
Treasury issues ‘general licence’ that will allow US groups to purchase and resell Venezuelan oil
Microsoft sheds $360bn in market value as AI spending spooks investors
Software group pulls Nasdaq lower after reporting 66% year-on-year surge in data centre costs
Microsoft sheds $430bn in market value as AI spending spooks investors
Software group pulls Nasdaq lower after reporting 66% year-on-year surge in data centre costs