HSBC Investors Reject Special Resolutions on Dividends, Strategy
HSBC Holdings Plc shareholders voted to reject proposals to shake up the bank that were put forward by a group of Hong Kong-based investors.
Bloomberg Top News
Hotter Oceans Bring Dangers as El Nino Approaches: Weather Watch
Here’s what’s on Bloomberg Green’s weather radar today.
More Chinese Banks Cut Deposit Rates as Margins Shrink
At least three nationwide Chinese banks lowered deposit rates, following a similar move by their smaller rivals last month as lenders battle shrinking margins.
AMC Tops Earnings Estimates as Box Office Recovery Continues
AMC Entertainment Holdings Inc. reported profit that beat Wall Street projections after a first quarter that saw the theater industry rebound.
Quant Firms Open Armenian Outposts to Tap Talent Fleeing Russia
Mikhail Malyshev’s search for budding tech talent has taken his quant firm Teza Capital Management to the Armenian capital of Yerevan.
Russia Says It Has Billions of Indian Rupees That It Can’t Use
Russia has accumulated billions of rupees in Indian banks which it can’t use, Foreign Minister Sergei Lavrov said Friday, pointing to a ballooning trade surplus with the South Asian nation.
Air France-KLM Retreats as Worries Mount on Pace of Rebound
Air France-KLM left investors guessing about the strength of its recovery, abstaining from a full-year profit forecast and trimming its capacity prediction as French air-traffic control strikes and engine shortages inject uncertainty into the outlook.
Howard Marks to Have Treatment for Throat Cancer, FT Reports
Howard Marks, Oaktree Capital Management’s co-founder, will have treatment for a curable type of throat cancer, according to the Financial Times.
Software AG Drops After Rebuffing Proposal From Rival Bidder
Software AG shares fell after the German company refused to enter talks with a rival bidder and said it’s supporting an increased €2.4 billion ($2.6 billion) offer from existing backer Silver Lake Management.
Germany Plans to Buy 50 Puma Combat Vehicles for €1.5 Billion
Germany plans to order 50 Puma infantry fighting vehicles from manufacturers Rheinmetall AG and Krauss-Maffei Wegmann GmbH for €1.5 billion ($1.7 billion) to restock the country’s armed forces, according to people familiar with the matter.