HSBC Holdings Plc’s largest shareholder has kept up the pressure on the bank to revamp its business as it called for a “strategic restructuring” of the lender, just weeks before its annual shareholder meeting.
The Chinese and Russian defense ministers this week agreed to expand cooperation and pledged “firm” support for each other, a sign of the strong ties the two countries have sustained in the year since Moscow invaded Ukraine.
Australia’s chances of sliding into a recession have declined, according to a Bloomberg survey, as the Reserve Bank’s decision to pause an 11-month tightening cycle helps improve the economic outlook.
House Republicans are planning to vote next week on a bill that would raise the US debt ceiling and enact deep cuts to US spending, with conservatives demanding additional changes and President Joe Biden and other Democratic leaders refusing to offer concessions in exchange.
A complaint by two congressional Democrats regarding possible ethics violations by Supreme Court Justice Clarence Thomas have been forwarded to a federal judicial panel that enforces financial disclosure rules.
Senior Russian officials privately raised concerns some 10 months ago about the risks of becoming too dependent on Chinese technologies after sanctions by the US and the European Union shut off access to alternative suppliers.
North Korean leader Kim Jong Un ordered the launch of a military spy satellite, a move that could allow him to keep an eye on US allies as well as advance his state’s ability to deliver a nuclear warhead to the American mainland.
The most expensive tickets worth about S$11,000 to this year’s Singapore Formula One Grand Prix race have all been snapped up.
A former minority owner of the National Football League’s Minnesota Vikings should spend seven years behind bars and forfeit more than $740 million after admitting he helped cryptocurrency exchanges avoid money-laundering rules, prosecutors told a federal judge in New York.
Russia-aligned hackers are attempting to damage or destroy the UK’s critical national infrastructure, a top British government official is expected to warn on Wednesday.
