TSMC Evacuates Factory Areas After Taiwan Earthquake, Tsunami Warning Bloomberg Taiwan’s 7.4-Magnitude Earthquake Kills 9 and Injures Over 1000 The New York Times Dashcam captures moment cars come to a stop on highway as powerful earthquake strikes Taiwan Yahoo! Voices Dozens trapped in tunnels after Taiwan’s strongest quake in 25 years kills at least nine CNN TSMC “still assessing” … Read more
9 Mins Ago Crypto execs say the bull run is underway and could lead to $100,000 bitcoin in 2024 The logo for bitcoin is seen on a screen in Hong Kong, China, on May 24, 2023. Paul Yeung | Bloomberg | Getty Images Executives in the cryptocurrency industry called the start of a new bull … Read more
In many ways, it’s the never-ending troubles of Metro that cast the greatest shadow over traditional banking. Boss Daniel Frumkin insists it remains “committed to stores and the high street” following a £925m rescue led by Colombian billionaire Jaime Gilinski Bacal but in the same breath he says the company “will transition to a more … Read more
A view of the Canary Wharf financial district of London. Prisma by Dukas | Universal Images Group | Getty Images LONDON — Barclays on Tuesday reported a net profit of £1.27 billion ($1.56 billion) for the third quarter, slightly ahead of expectations as strong results in its consumer and credit card businesses compensated for weakening … Read more
Hi, it’s Crystal Tse in New York. Happy Friday. Today I’m bringing you highlights from an on-air chat my colleagues did with a top activism banker at Barclays. Plus we have an updates on sale efforts by Abcam and BlackBerry and two big IPO filings. Today’s top stories Jim Rossman, global head of shareholder activism … Read more
NatWest Group Plc got all the bad publicity last week after a political storm over its dealings with a provocative client led its chief executive officer to resign. But UK rival Barclays Plc was a bigger loser in the stock market and is still among the lowest valued major banks in Europe. Barclays’s second-quarter results … Read more