Recent Posts

Johnson battles to win over UK Conservatives

Bloomberg Boris Johnson is battling to convince his own Conservative Party colleagues to back plans to keep most of England under strict pandemic controls when the national lockdown ends this week. Ministers on Monday were expected to publish analysis of the health, economic and social impacts of the pandemic and the measures taken to suppress the disease, before a scheduled ...

Read More »

Apple suppliers’ China exodus not to slow down under Biden

Bloomberg The splintering of the global tech supply chain that began during President Donald Trump’s watch looks set to persist under his successor. Apple Inc, the largest of the many tech giants that rely on Chinese factories to make their gadgets, will move some production of its iPads and MacBooks to Vietnam. Key assembly partner Hon Hai Precision Industry Co, ...

Read More »

HSBC contemplates complete exit from US retail banking

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 ...

Read More »
Send this to a friend