Tuesday , 16 December 2025

Recent Posts

HK stocks little changed after worst quarter since 2015

Bloomberg Hong Kong’s financial markets showed resilience after a day of violent clashes between protesters and the police brought much of the city’s centre to a standstill. The benchmark Hang Seng Index was little changed on Wednesday, closing down 0.2 percent on volume that was 30 percent lower than the 30-day average. Trading in the local dollar was also muted, …

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BP CEO to step down

Bloomberg BP Plc boss Bob Dudley is planning to step down, and the energy giant’s board is yet to decide on the timing. “I said a long time ago that around the age of 65 I would” step down, Dudley told reporters on the sidelines of the Russia Energy Week conference in Moscow. Dudley took over as chief executive officer …

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UPS drones win FAA milestone permission to take off shackles

Bloomberg United Parcel Service (UPS) Inc won US certification to fly drones under regulations similar to those for airlines, a milestone that allows the company to vastly expand airborne deliveries. The Federal Aviation Administration (FAA) gave the courier permission to use delivery drones at hospital, university and corporate campuses with few restrictions, for example, letting operators fly the aircraft at …

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