HSBC

India’s manufacturing activity eases to a three-month low

New Delhi: India’s manufacturing activity eased to a three-month low in August. The HSBC final India Manufacturing Purchasing Managers Index…

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A breakdown of HSBC reveals ‘flaws’ in the global economy!

Globalization was the cornerstone of HSBC Holdings’ East-meets-West business strategy. Now, competing interests are driving a campaign to demolish it.…

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4 banks in UAE announce Sunday holiday for branches

Dubai: 4 banks in the UAE has announced Sunday as a holiday. Emirates NBD, Mashreq Bank, Abu Dhabi Islamic Bank and…

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A letter to the Bose ; “Try to be a little more compassionate”

Please do not hesitate to consider and respect those who work. This is something we have learned since we were…

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Bank to cut 10,000 jobs in drive to slash costs

International banking giant HSBC Holdings Plc is all set to cut up to around 10,000 jobs from the firm. An…

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$3 billion financing for Dubai airports

The Dubai government announced on Sunday that it has secured about $3 billion(Dh11 billion) in credit facilities for long term…

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