Wheat farmers are harvesting a record crop for the fourth time in six years, adding to a global grain glut and cutting costs for food makers from Panera Bread Co. to Domino’s Pizza Inc.
HSBC Holdings Plc, Europe’s largest bank, agreed to sell its 8 percent stake in Bank of Shanghai Co. to Banco Santander SA as it exits minority investments to boost profitability.
Banco Santander, the Spanish lender, has agreed to buy an 8 percent stake held by HSBC in Bank of Shanghai to increase its presence in Asia.
Henderson Global Trust Plc’s lead portfolio manager, Brian O’Neill, is stepping down after running the investment trust for 30 years.
The U.K. accounting regulator said it’s concerned attempts to improve auditing practices at banks and building societies hasn’t been sufficient.
European stock markets post sharp losses as a higher-than-expected rise in U.S. jobless claims failed to calm fears that the Federal Reserve could to taper its asset purchases next week.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum [...]
Royal Bank of Scotland Group Plc will pay $100 million to settle U.S. and New York regulators’ accusations that it violated sanctions programs targeting Iran, Sudan, Burma and Cuba.
State Bank of India, the country’s largest lender, hired Citigroup Inc., Deutsche Bank AG and HSBC Holdings Plc to arrange a 95.76 billion rupees ($1.5 billion) share sale to bolster its balance sheet, ...