Bloomberg HSBC Holdings Plc is considering offloading its struggling retail network in the US, a market the British bank has called one of its biggest strategic challenges. The bank’s management is looking at a complete withdrawal from its retail operations in the country, although a full exit from other businesses in the US is unlikely, according to a person familiar ...

Bloomberg The UK will ban the installation of 5G equipment from China’s Huawei Technologies Co by the end of next September. The restriction is part of an “initial” 250 million-pound ($333 million) package of measures brought in to diversify Britain’s wireless supply chain announced by the Department for Digital, Culture, Media and Sport. The stricter rules may also help fend ...

Bloomberg Italy’s government has approved a fourth stimulus package to support businesses hit by the latest restrictions to stem the spread of the coronavirus. The package is worth 8 billion euros ($9.6 billion), according to a statement published on Monday. It delays tax deadlines for companies and expands cash handouts for workers in tourism and the arts, which have been ...