HSBC rebuffs Ping An call for break-up, arguing it would be costly
John SmithHSBC rebuffs Ping An call for break-up, arguing it would be costly. Crime remains at historically low levels in New York. It doesn't matter. 'Amapiano,' a genre that combine styles like jazz and house music, is exploding through South Africa, crossing borders, and set to hit a billion streams on Spotify. Deals are disappearing. But moving too quickly to remortgage could cost you, UK mortgage experts say. Japan's factory output zooms as China eases COVID curbs. Telecom Italia's head of network Stefano Siragusa plans to resign, a move that could further complicate the company's efforts to spin off its vast and valuable landline grid. The crypto market selloff is making for some awkward conversations at family gatherings and dinner parties around the world. Sony trims profit forecast on weaker gaming outlook. FACTBOX-Monkeypox cases around the world - Reuters News. Liz Truss vowed to slash "waste, bureaucracy and inefficiency" in the civil service to save billions of pounds a year for the British taxpayer if she becomes UK prime minister. Germany has little time to lose to avert an energy shortage this winter that would be unprecedented for a developed nation.. Gold investors face bind over bars from tarnished Russia. Committee probing Toyota unit Hino blames company culture in false data scandal. Japan PM Kishida urges nuclear states to act 'responsibly' about non-proliferation. UK brings in ownership register for property held by foreign companies. Birmingham opening ceremony breathes life into doomed Games. Almost 20% of giant sequoias have been consumed by wildfire in the past two years. Klopp praises Nunez as Liverpool win Community Shield. UK leadership hopeful Truss says she wants clampdown on firms like TikTok. After posting their strongest-ever July performance, Kenyan stocks face downside risks as investors brace for next week's general election. If steps to re-balance supply and demand fail, the government has the power to declare a gas "emergency," which would involve the state taking control of distribution and deciding who gets the fuel and who doesn't. Le Clos wins 18th medal to tie Commonwealth Games' record haul. 'Transformation of the body' - Crypt sheds light on Mayan death ritual. Bank of England to get more aggressive with 50 bps hike on Thursday. The English Women's soccer team celebrated their first major title in front of thousands of fans who had gathered in London's Trafalgar Square to see the players with the winning trophy . In response to a question, Hua Chunying, spokesperson for China's Ministry of Foreign Affairs, says that if Pelosi carries down the "wrong path," China will take "strong and resolute measures" to safeguard its sovereignty. . South African President Cyril Ramaphosa urges members of the public to come forward to help find armed assailants who gang-raped eight women on the set of a music video near Johannesburg last week. The Grosvenor family has passed down wealth only to male heirs for centuries, but is turning to women to manage its $12 billion fortune. Alibaba plans to add a primary listing in Hong Kong to its New York presence, targeting investors in mainland China as it becomes the first big company to take advantage of a rule change in the financial hub to attract high-tech Chinese firms. China's massive trade surplus helped to offset outflow pressure from the Fed's interest rate hikes. Sharply higher interest rates, surging inflation, and an energy crisis have led many analysts to believe the global economy is heading towards recession. But wealthier consumers continue to splurge on luxury products, several consumer companies report. New York wants to hear from people who have been burned by crypto firms. The misery index for the US economy, a good guide to past election results, points to a 30-seat defeat for Democrats in November's midterms. UK's Met Office says last month was driest July in England since 1935. Italian rockers Mneskin are quickly becoming global superstars with a fan base that stretches from Angelina Jolie and Miley Cyrus to Jared Leto and Keith Richards.. No Myanmar representation at ASEAN-led meeting, chair says. Keir Starmer has said Labour must move from being a "party of protest" to one that can win an election, in order to help working people. Australia's central bank raises interest rates by a half-percentage point for a third consecutive month, increasing the cash rate to 1.85%. Woods rejected $700-800 million LIV offer, says Norman. Prince Charles shook hands and posed for photographs with athletes competing in the Commonwealth Games ahead of the opening ceremony in Birmingham . Toyota-Panasonic battery JV to buy lithium from ioneer's Nevada mine. South Africa's ANC retains rule that officials must step down if charged. Behind the latest rebound in stocks is a growing penchant for steady income streams, as risk appetite runs hot and cold this year. Smaller packages for the same - or higher - price don't fool consumers for long, and they don't fool the folks who compile inflation statistics, either. Wells Fargo reinstates diverse slate hiring policy following June pause. England's port of Dover says it's prepared to avoid travel chaos this weekend. Liz Truss has played down claims she has a clear lead over rival Rishi Sunak, even as her campaign was further buoyed by endorsements of party heavyweights on a crunch weekend in the race for No 10. Canada's $421 billion state pension fund has shifted its attention toward public equities from private deals after a selloff in the first half boosted valuations. Gazprom's daily gas production plummets in July to the lowest since at least 2008 as its exports to key markets fell for a fourth consecutive month. OECD Says Rich World Still Falling Short on Climate Finance. This weekend, sit back and enjoy some of our best long reads. Venezuela's opposition leader Juan Guaido is one step closer to getting his hands on more than $1 billion of gold stashed away in the Bank of England's vaults. Award-winning actor Billy Porter has stepped behind the camera for new film 'Anything's Possible' . Uber's revenue more than doubles to $8.1 billion in the second quarter. Neel Kashkari says the Fed is committed to doing what's necessary to bring down demand to reach its 2% long-term inflation goal, a target that remains far off. The much-loathed rodents are enjoying a post-pandemic population boom in many US cities. To learn how humans can fight back, I had to go back to school. Congestion on trade lanes and in ports has boosted global freight rates. Emirates airline says it plans to reduce its number of flights to Nigeria's Lagos because of trouble repatriating funds. Industry observers said more airlines could follow Emirates' example if the central bank doesn't address such concerns. An Apollo executive was earning as much as $1 million a year and risked it all for an $85,000 cut, US prosecutors say. Dollar sinks to 6-week low to yen on bets for less aggressive Fed. Italy's far-right leader Giorgia Meloni plans to follow EU budget rules if she leads the next government, sources say. The consumer's deep pockets and short arms. From Breakingviews - Big Tech in finance. There's a regulator for that. Senator Joe Manchin, the architect of the Democrats' new tax, climate and drugs bill, made a public pitch to his colleague Kyrsten Sinema to get on board with the legislation. LA's most expensive condo is listed at $75 million. The penthouse atop the Four Seasons hotel is a rarity in a market known for its sprawling mansions.. Biden to speak on 'successful counter-terrorism operation' on Monday evening.