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Breaking News: Markets

HSBC shares rise 2% after profit beat, $3 billion buyback announcement

Aaron P | Bauer-Griffin | GC Images | Getty ImagesLONDON — Europe's largest lender HSBC on Wednesday declared a share buyback program of up...

Johnnie Walker-maker Diageo plunges 10% on full-year sales decline, but Guinness a bright spot

John Morrissey serves pints of Guinness at a traditional Irish pub in Dublin on May 21, 2024, in Dublin, Ireland.Nurphoto | Nurphoto | Getty...

Oil prices fall as trader unfazed by Israel-Hezbollah escalation

Smoke billows following an Israeli airstrike in the southern Lebanese border village of Chihine on July 28, 2024. Kawnat Haju | Afp | Getty ImagesCrude...

Bitcoin nears $70,000 as investors digest Trump crypto comments and look ahead to central bank meetings

Sopa Images | Lightrocket | Getty ImagesCryptocurrencies rose to begin the final week of July  as traders digested a slew of political developments that...

Heineken shares fall 8% after first-half profit miss

In this photo illustration, bottles of Heineken beer are displayed on July 31, 2023 in San Anselmo, California. Justin Sullivan | Getty ImagesHeineken shares opened...

McDonald’s earnings, revenue miss estimates as consumer pullback worsens

McDonald's on Monday reported quarterly earnings and revenue that missed analysts' expectations as same-store sales declined across every division."Industry traffic has declined in major markets like...

U.S. economy grew at a 2.8% pace in the second quarter, much more than expected

Economic activity in the U.S. was considerably stronger than expected during the second quarter, boosted by a strong consumer, government spending and a sizeable...

Revolut clinches UK banking license, ending three-year wait

Revolut cards is seen in this illustration photo taken in Krakow, Poland on March 29, 2024. Jakub Porzycki | Nurphoto | Getty ImagesBritish fintech startup...

Farnborough Air Show kicks off with $51 billion in deals as Airbus shows off new ultra long-haul jet

An Airbus A321-XLR takes part in an air display on the opening day of the Farnborough International Airshow 2024, south west of London, on...

European Central Bank set to hold rates with inflation picture muddying demand for cuts

Christine Lagarde, president of the European Central Bank, at a rates decision news conference in Frankfurt, Germany, on March 7, 2024. Bloomberg | Bloomberg |...

British pound breaches $1.3 for the first time in a year as Labour seen ushering in stability

LONDON — The British pound on Wednesday broke above the $1.3 level against the U.S. dollar for the first time in a year, as...

Britain’s largest water utility placed under special measures as it grapples with $19.7 billion debt pile

Engineers from a Thames Water leak hunting team unloads equipment from their van during a night shift in London, UK, on Wednesday, May 2,...

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