HSBC Hong Kong shareholders mull legal action over dividend suspension
HSBC shareholders in Hong Kong are calling for an extraordinary meeting with the bank's management and considering legal action against its decision to scrap dividend payments.
HSBC shareholders in Hong Kong are calling for an extraordinary meeting with the bank's management and considering legal action against its decision to scrap dividend payments.
Kenya's leading telecom firm Safaricom and South Africa's Vodacom said on Monday that they had completed the acquisition of popular mobile money platform M-Pesa from Britain's Vodafone .
Ledger Insights | April 6, 2020 A bulletin from the Bank for International Settlements (BIS), the body owned by 62 central banks, highlights cash concerns because of the COVID-19 virus. It states that perceived risks, valid or not, brings the potential for digital payments to the fore. And the BIS specifically makes a case for Central Bank
"The appetite is there," Rubio said in a CNBC "Squawk Box" interview. "I think everyone I've talked to recognizes we're going to have to go back and do more, and probably more than once."
CVS Health Corp , called on by the Trump administration last month to help test Americans for infections from the new coronavirus, said it was launching two offsite testing locations with Abbott Laboratories' faster diagnostic kit and would be able to handle 1,000 tests per day.
Daily Fintech | Ilias Louis Hatzis | April 6, 2020 Decentralized Finance (DeFi) is building a new financial system. The DeFi movement is picking up steam. DeFi has been successful in remittances, loans, stable coins, and other core elements of the fiat world. With a little over a year under its belt, DeFi hit a
U.S. officials on Monday girded the country for a "peak death week" from the coronavirus pandemic as the accelerating American death toll closed the gap with Italy and Spain, the countries with the most fatalities to date.
A tiger at the Bronx Zoo in New York City has tested positive for the respiratory disease caused by the novel coronavirus, in the first known case of a human infecting an animal and making it sick, the zoo's chief veterinarian said on Sunday.
Military forces across Europe have scaled back operations and imposed stricter rules on personnel to try to stem the spread of the coronavirus among staff who often live and work in close quarters, making them more vulnerable to infection.
An annual gathering of the world's labour ministers will not take place this year because of the coronavirus pandemic, but will convene in June 2021, the International Labour Organization (ILO) said on Monday.
Jeff Bezos' space venture Blue Origin confirmed that two more employees in the Seattle-area have tested positive for coronavirus.
Forbes | Ron Shevlin | April 6, 2020 Microsoft and data aggregator Plaid announced a partnership to offer a service they’re calling Money in Excel. According to Plaid: “Money in Excel essentially turns the spreadsheet into a fintech app. It allows users to securely connect their financial accounts, import the data within them, sync balances
White House advisers have been discussing the possibility of a coronavirus-related U.S. Treasury bond, President Donald Trump's economic adviser Larry Kudlow told CNBC on Monday.
World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases in some of the world's hot spots, while a delay in talks between Saudi Arabia and Russia to cut supply sent oil prices tumbling again.
The delays gaining access to SBA-backed emergency loans under the $349 billion Paycheck Protection Program are putting millions of businesses at risk of closing, threatening their employees, suppliers and communities. Major banks and community lenders are unprepared to handle the influx of applications.