Barclays and HSBC shares plunge after reports of alleged suspicious transfers

WorldNews Monday, 21 September 2020
Barclays and HSBC shares plunge after reports of alleged suspicious transfersShares in the banking sector fell on Monday after media reports that some of the world’s largest banks had moved large sums of allegedly illicit funds over nearly two decades, despite red flags about the origins of the money. Barclays fell by 4% in early trading in London and HSBC and Standard Chartered both lost 3%. Earlier in Hong Kong, HSBC dropped more than 4%, taking the shares to their lowest...

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Barclays Barclays British multinational banking and financial services company

General Motors’ electric vehicle plan just got bigger, bolder, and more expensive

General Motors announced Thursday that it was dumping more money into its electrification plans and would also be accelerating its production to release more..
The Verge
Goldman Sachs Lands GM's $2.5 Billion Business [Video]

Goldman Sachs Lands GM's $2.5 Billion Business

Ramin Talaie/Corbis/Getty Images Goldman Sachs won the bid for General Motors' credit-card business for roughly $2.5 billion, The Wall Street Journal reported Thursday. The Wall Street giant beat out Barclays, acquiring more than one million GM cardholders and the $8.5 billion they spend annually, according to The Wall Street Journal. This is Goldman Sachs' second co-branded card, following the Apple Card, as it looks to expand its consumer-lending business.

Credit: Wochit News    Duration: 00:34Published

Hong Kong Hong Kong Special administrative region of China

Hong Kong scraps travel bubble with Singapore as Asia hit by wave of new Covid-19 clusters

A bubble between Hong Kong and Singapore was scrapped just 24 hours before its launch after a coronavirus spike as alarm bells were raised across Asia amid a..
New Zealand Herald

Singapore-Hong Kong Air Travel Bubble Postponed

Singapore and Hong Kong have postponed a planned air travel bubble meant to boost tourism for both cities, amid a spike in coronavirus infections in Hong Kong...

Covid-19: Hong Kong-Singapore travel corridor postponed

The decision is a blow to the two financial hubs' attempts to revive their battered travel industry.
BBC News
Hong Kong’s tour bus “cemetery” [Video]

Hong Kong’s tour bus “cemetery”

The city's once booming tourism sector which employs some 260,000 people is suffering due to travel bans and border closures. Flora Bradley-Watson reports.

Credit: Reuters Studio    Duration: 01:56Published

China says Five Eyes, including NZ, should face reality on Hong Kong

China has rejected the latest attack on its Hong Kong policy from the US and allies such as New Zealand, saying they "should face up to the reality" that the..
New Zealand Herald

London London Capital of the United Kingdom

ATP Finals 2020: Dominic Thiem beats Novak Djokovic to reach London final

Dominic Thiem fights his way past world number one Novak Djokovic to book a place in the title decider at the ATP Finals in London.
BBC News
Parliament Christmas tree arrives in London [Video]

Parliament Christmas tree arrives in London

A tree felled in Northumberland’s Kielder Forest on Tuesday has been erectedin New Palace Yard outside the Houses of Parliament, where it will bedecorated for Christmas. On Saturday, a crane lowered it into its new homeopposite Parliament Square in London after its long journey by road from theNorth East.

Credit: PA - Press Association STUDIO    Duration: 00:39Published
Priti Patel leaves Home Office [Video]

Priti Patel leaves Home Office

Home Secretary Priti Patel leaves her central London office, following theresignation of Sir Alex Allan, the Government’s adviser on ministerialstandards, after the Prime Minister judged that she did not breach the rulesdespite being found to have bullied staff.

Credit: PA - Press Association STUDIO    Duration: 00:18Published

Novak Djokovic beats Alexander Zverev, advances to semi-finals at ATP Finals

London: Novak Djokovic advanced to the semi-finals at the ATP Finals and eliminated Alexander Zverev on Friday by beating the German 6-3, 7-6 in an empty O2..

ATP Finals: Novak Djokovic beats Alexander Zverev to make semi-finals

Novak Djokovic defeats Alexander Zverev in straight sets to reach the last four of the ATP Finals in London.
BBC News

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