HSBC hires Justin Wu as Asia-Pacific co-head of climate change
HSBC (HSBA.L) has hired Justin Wu as its first co-head of climate change Asia Pacific to lead the development and implementation of the bank’s sustainability…
Category: Business
Corning to build new Arizona optical cable factory ahead of U.S. broadband push
Corning Inc (GLW.N) announced plans on Tuesday to build a new optical cable manufacturing plant in Arizona as the U.S. government moves to award $42…
Baidu revenue contracts but beats estimates on cloud business growth
China’s search engine giant Baidu Inc (9888.HK) beat quarterly revenue estimates on Tuesday, underpinned by growth in its cloud business, even as it reported its…
Japan’s Kyocera founder Kazuo Inamori dies
Kazuo Inamori, the founder of component maker Kyocera Corp (6971.T) and one of Japan’s most influential entrepreneurs, has died at the age of 90, the…
Australia demands Apple, Meta, Microsoft share anti-abuse steps, threatens fines
An Australian regulator sent legal letters to Facebook owner Meta Platforms (META.O), Apple Inc (AAPL.O) and Microsoft Corp (MSFT.O) demanding they share their strategies for…
Goldman warns UK inflation could top 20% as recession nears
Inflation in Britain could exceed 20% early next year if spiralling gas prices fail to come down, economists from U.S. investment bank Goldman Sachs warned,…
Equinor, Wintershall Dea eye pipeline to capture CO2 under North Sea
Equinor (EQNR.OL) and Wintershall Dea will jointly develop carbon capture and storage projects, the oil firms said on Tuesday, with ideas to build a pipeline…