Newsfeeds Archive - Spark Newswire

2 minute read

What’s Going On With Barclays’ Shares On Friday?

June 14, 10:40 AM

Barclay's leveraged finance practices come under scrutiny as the Prudential Regulation Authority mandates a thorough review, part of a UK-wide initiative to bolster oversight of private equity risks.

APIE

2 minute read

Sony Steps Into Theater Business With Alamo Drafthouse Purchase

By Shivani Kumaresan

June 13, 9:57 AM

Sony Pictures Entertainment, part of Sony Group Corp, has acquired the Alamo Drafthouse Cinema, renowned for its unique dine-in movie experience. This move aims to rejuvenate the theater industry, especially as major cities like New York and Los Angeles see a dip in box-office performance.

APIE

1 minute read

What’s Going On With Banking Giant HSBC Stock Today?

By Lekha Gupta

June 11, 11:17 AM

HSBC completed the acquisition of Citigroup's retail wealth management portfolio in China, a move that doubles their net new invested assets.

APIE

2 minute read

Toyota’s Market Value Plunges Over $15B Amid Test Falsification Scandal; Mazda, Honda, Suzuki Follow Suit

By Benzinga Neuro

June 10, 1:38 AM

The stock prices of major Japanese automakers, including Toyota, Mazda, Honda, and Suzuki, have taken a hit following a safety scandal.

APIE

1 minute read

What’s Going On With Sony Stock On Tuesday?

By Anusuya Lahiri

June 4, 9:52 AM

Sony Group Corp (SONY) stock rises as PlayStation VR2's PC adapter set to launch on Aug 7. Adapter will support Steam VR games, DisplayPort needed.

APIE

2 minute read

Gear Shift In Japan: Toyota & Other Auto Giants Reportedly Under Inspection Over Certification Scandal

By Lekha Gupta

June 4, 6:31 AM

Japan's transport ministry inspected Toyota Motor Corporation's headquarters and found irregularities, leading to broader repercussions in the industry.

APIE

2 minute read

HSBC To Announce New CEO By July To Stabilize Asia-Focused Strategy

By Anusuya Lahiri

May 31, 11:19 AM

HSBC aims to announce successor to CEO Noel Quinn before July, emphasizing the need for stability and avoiding delays in the search.

APIE

2 minute read

Why UK’s National Grid Shares Are Diving Today

By Lekha Gupta

May 23, 1:39 PM

National Grid plc's shares down after reporting lower FY24 revenue, with 32% increase in EPS. Plans to invest $75 billion in US and UK over 5 years.

APIE

2 minute read

Toyota Faced Major Delays At Mexican Plant Due To Labor Shortages

By Shivani Kumaresan

May 17, 8:53 AM

Toyota Motor Corp (NYSE:TM) has experienced significant production challenges at its Tijuana, Mexico plant, leading to multiple stoppages in February and March. Labor shortages and technical problems caused 19 days of halted production, affecting the Tacoma pick-up truck. This disruption highlights Toyota's vulnerability as it aims to produce 10 million vehicles this year and struggles with labor shortages and supply chain issues.

APIE

1 minute read

Lloyds Banking Plans To Cut Job In Risk Management Division: Report

By Lekha Gupta

April 10, 10:11 AM

Lloyds Banking Group reportedly plans to restructure risk management division, resulting in 175 job cuts. Meanwhile, the company is reportedly creating more than 100 new roles requiring more technical expertise.

APIE