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Georges Elhedery, the veteran CEO of HSBC, has announced that his comprehensive turnaround of Europe’s largest bank is almost over. This milestone was marked by the announcement of a $3.9bn …

The United States has issued a temporary 30-day authorization for the purchase of Russian oil currently stranded at sea to prevent a global energy collapse. Announced by Treasury Secretary Scott …

The government’s February inflation report highlights a pre-existing upward trend in essential costs, with consumer prices rising 0.3% in a single month. This data, which puts annual inflation at 2.4%, …

The energy landscape in Great Britain is set to change as Tesla receives its formal electricity supply licence from Ofgem. This regulatory approval enables the company to provide power to …

The John Lewis Partnership has announced the return of its annual staff bonus, ending a four-year hiatus for the 69,000-member workforce. The 2% payout follows a year where underlying profits …

The effective closure of the Strait of Hormuz has entered its second week, pushing global oil prices back above the $100 mark. This critical artery, which handles a fifth of …

The Office for Budget Responsibility (OBR) has adjusted its UK inflation forecast, suggesting the rate could hit 3% by the end of the year. This adjustment is a direct response …

Mississippi regulators have authorized xAI to operate 41 methane gas turbines at the Colossus 2 datacenter, nearly doubling its previous capacity. This permit, granted by the MDEQ, provides the necessary …

The Nasdaq is reportedly developing a “Fast Entry” mechanism to attract the much-anticipated SpaceX initial public offering. SpaceX is seeking a valuation of $1.75 trillion, which would rank it as …