Day: August 4, 2015
HSBC Holidngs PLC agreed to sell its Brazilian business Banco for £ 3.3 bn , $5.2bn. HSBC, Europe’s biggest bank by assets, announced a 10 per cent rise in profits for the first half of the year that beat all analyst expectations. The bank which has threatened to move its headquarters out of the UK, their…
Super Typhoon Soudelor is heading towards Taiwan, Japan and China after leaving a trail of destruction in the Northern Marianas islands. The cyclone has developed into the world’s most powerful storm of the year with wind gusts up to 220mph (354kph) that have ripped down telegraph poles and flipped over cars. A state of emergency…