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HSBC announces profit increase, share buyback in signs of turnaround HONG KONG/LONDON (Reuters) - HSBC Holdings PLC on Monday said profit grew 5 percent in the six months through June and announced its third share buyback in a year, indicating continued progress in the six-year turnaround plan of Europe's biggest ...
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Asia stocks reverse losses on China's solid purchasing managers' indexes SINGAPORE (Reuters) - Asian shares turned positive after solid Chinese data on Monday following a lacklustre start, while the dollar edged up but remained capped by U.S.
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Starbucks is closing its Teavana stores, including six South Florida spots There will be one fewer tea time place at six South Florida malls after Starbucks closes all 379 Teavana stores by Spring 2018. As CNNMoney points out, the Teavana closings blast another hole in indoor malls already dealing with departing major ...
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China July factory growth cools but construction boom fortifies economy BEIJING (Reuters) - Growth in China's manufacturing sector cooled slightly in July as foreign demand for Chinese goods slackened, but a government-led infrastructure push kept construction humming and helped prop up the world's second-largest economy.
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