Exclusive: HSBC says clients must have plan to exit coal by end-2023
HSBC (HSBA.L), Europe’s leading banker to corporate Asia, laid out its long-awaited policy on financing thermal coal on Tuesday, and said it expected all its…
Category: Business
Poundland owner Pepco targets Germany as earnings soar
Pepco Group , owner of European discount retailer brands PEPCO, Poundland and Dealz, said on Tuesday it would enter the German market in 2022 as…
EV ride-hail leasing company Hive raises $30 mln in funding round
Electric vehicle leasing startup Hive Technologies Inc said on Tuesday it closed a $30 million funding round to expand its fleet for ride-hail drivers who…
JPMorgan on hiring spree as it targets pan-European consumer bank
JPMorgan’s (JPM.N) British retail bank Chase is planning to hire hundreds more staff next year to take staff numbers above 1,000 to help it roll…
At least 10 Russian companies considering IPOs in 2022, advisers say
At least 10 Russian companies could hold an initial public offering (IPO) in 2022, extending the listing spree that started a year ago if geopolitics,…
Chinese smartphone maker Oppo unveils self-developed chip for phones
Chinese smartphone maker Oppo unveiled on Tuesday a new self-developed chip, as the hardware company moves further into the semiconductor sector. The chip, called the…
German chip chemical supplier Merck to invest 500 mln euros in Taiwan
German supplier of chemicals and materials used in making semiconductors, Merck KGaA (MRCG.DE), announced on Tuesday it is to invest 500 million euros in Taiwan…