Finance

HSBC Holdings plc is a British multinational banking and financial services holding company headquartered in London, England. It is the largest bank in Europe by assets and one of the world's largest banks by market capitalization. HSBC operates in...

Inflation is a general increase in prices and a fall in the purchasing value of money. Inflation occurs when the prices of goods and services rise at a faster rate than incomes. This means that people have to pay...

Financial freedom is a goal that many people aspire to achieve. However, there are many misconceptions about what it means to be financially free and how to achieve it. Here are some of the most common misconceptions: You need to...

In a bombshell report released on Monday, short-seller Hindenburg Research accused billionaire investor Carl Icahn of running a Ponzi scheme. The report alleges that Icahn Enterprises, Icahn's holding company, has been artificially inflating its stock price by using money...

Real estate investment trusts (REITs) are companies that own, operate, or finance income-producing real estate. REITs are required to distribute at least 90% of their taxable income to shareholders in the form of dividends. This makes them a popular...

The Home Depot, the world's largest home improvement retailer, reported its worst revenue in about 20 years on Tuesday. The company's revenue for the first quarter of fiscal 2023 was $37.3 billion, down 4.2% from the same period last...

French video game publisher Ubisoft (UBIP.PA) posted a record operating loss of 500.2 million euros ($550.6 million) in the year to March 31, 2023, the company said on Tuesday. The loss was due to a number of factors, including the...

Warren Buffett's Berkshire Hathaway Inc. has disclosed a new stake in Capital One Financial Corp., the latest in a series of investments by the billionaire investor in the financial sector. Berkshire's 13F filing with the Securities and Exchange Commission shows...

Just like its counterpart Lynk, GraceKennedy’s GK ONE app wants a piece of the digital receipt and payments pie. The new mobile app has received over J$290 million in Western Union remittances since its launch in November 2022. The...

GraceKennedy completes the acquisition of Scotia Insurance Caribbean Limited which is a pivotal step for GraceKennedy’s strategic initiative both in its finance compartment and further broadening its presence in the Caribbean financial sector. The new company will be branded...