HONG KONG (Reuters) – The private banking business of HSBC Holdings PLC is aggressively pursuing double-digit growth in client assets and revenue, riffing off a surge in Asian wealth, the unit’s chief executive told Reuters. FILE PHOTO: Anti-government demonstrators walk past a board with the logo of HSBC during a Continue Reading
S&P 500, Nasdaq hit new highs as chips rally on trade optimism
(Reuters) – The S&P 500 and the Nasdaq indexes hit record highs on Monday, as a report that the United States and China were nearing a trade truce sparked a rally in Apple and semiconductor stocks, with sentiment also buoyed by a raft of blockbuster deals. FILE PHOTO: Traders work Continue Reading
U.S. stock funds lose $3.6 billion in week: Lipper
(Reuters) – U.S. equity funds saw $3.6 billion in outflows in the week ended on Wednesday, according to data released on Thursday by Lipper. U.S. taxable bond funds attracted $12.4 billion, the 15th straight inflow, while U.S. money market funds shed $25.3 billion during the period, the largest outflow since Continue Reading
Boeing settles more than half of Lion Air crash lawsuits: lawyer
CHICAGO (Reuters) – Boeing Co (BA.N) has settled more than half of some 118 claims related to the fatal crash of a Lion Air flight on a 737 MAX aircraft in October 2018, attorney Dan Webb said at a court hearing on Thursday. FILE PHOTO: Rescue workers load up recovered Continue Reading
Recruiting News – 6 Ways to Lead Change for Maximum Positive Impact
Charles Darwin is often quoted AND is more often misquoted. The most frequent transgression is, “Only the strong survive.” Fact is, there is no accurate record of him ever saying or writing it. Here is what Darwin likely said about strength and survival, but even this might be most accurately Continue Reading
Sustainable investors face squeeze as larger firms move in
COLORADO SPRINGS, Colo. (Reuters) – Specialized fund managers who pioneered green investing for decades are missing out on some of the spoils as the sector goes mainstream and large firms move in. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Continue Reading
Breast Cancer Screening Policies Questioned Again
Researchers conducting a large national registry study recommended changes to current breast cancer screening guidelines that would make family history a more important consideration in setting ages to begin regular mammography. Elham Kharazmi, MD, PhD, of the National Center for Tumor Diseases in Heidelberg, Germany, and colleagues looked at data Continue Reading
‘Crown jewel’ Aramco stirs loyal Saudi demand for giant IPO
RIYADH (Reuters) – From taxi drivers to clerics, Saudis clamoring to own part of state oil giant Aramco went online and to local banks on Sunday at the start of a long-delayed share sale for what could be the world’s biggest initial public offering. Ahmed Sanad, 37, who signed up Continue Reading
Protein could offer therapeutic target for pancreatic cancer
A protein that drives growth of pancreatic cancer, and which could be a target for new treatments, has been identified by researchers at the Crick. The study, published in Nature Cell Biology, looked into the most common type of pancreatic cancer, pancreatic ductal adenocarcinoma. This is an aggressive cancer that Continue Reading
How to make the most of a zero-commission world
NEW YORK (Reuters) – How interested are people in trading stocks for free? A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 3, 2019. REUTERS/Andrew Kelly Very. In early October, after TD Ameritrade announced it was switching to zero Continue Reading