French payments provider Worldline has reported a €4.2 billion ($4.8 billion) net loss for the first half of 2025, primarily due to significant asset writedowns. The announcement comes just weeks after media allegations suggested the company had facilitated billions of euros in potentially suspicious transactions. The company’s turnover declined by 3.4% to €2.2 billion, reflecting […]

HSBC, the London-headquartered banking group, has announced a 26% drop in pre-tax profit for the first half of 2025, totalling $15.8 billion, down from $21.5 billion during the same period last year. Despite this fall, the bank stated it remains “well positioned” to navigate ongoing global uncertainties, particularly those related to US-imposed tariffs. Chief Executive […]

Boeing has reported a significantly reduced loss for the second quarter of the year, citing improved aircraft deliveries and early signs of operational stabilisation. The company’s Chief Executive Officer, Kelly Ortberg, acknowledged steady momentum in reversing years of setbacks, though he cautioned that the transformation remains ongoing. The aerospace giant posted a net loss of […]

Analysts anticipate a rebound in the United States’ economic growth for the second quarter of the year, primarily driven by trade-related distortions as businesses raced to avoid the harshest impacts of President Donald Trump’s sweeping tariff regime. However, experts warn that this uptick is temporary and masks underlying fragilities in the economy. According to consensus […]

The United States Federal Reserve is expected to maintain current interest rates at the conclusion of its two-day policy meeting on Wednesday, resisting growing political pressure from President Donald Trump. The announcement is scheduled for 2:00 p.m. US Eastern Time (1800 GMT), and follows a series of key economic data releases this week, including preliminary […]

Asian markets saw a mixed performance on Wednesday, as investors closely monitored developments in China–US trade relations, while also preparing for major tech earnings reports and a closely watched Federal Reserve policy decision. Trade Talks Between China and the US: A Pause Without Progress Following trade agreements between the United States and both Japan and […]