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HSBC's largest shareholder outlines bank break-up strategy

HSBC's largest shareholder outlines bank break-up strategy

HSBC's largest shareholder ramped up pressure on the bank to break up its business on Tuesday, saying it was underperforming and has failed to "address key business model challenges".

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Stocks mostly rise as China posts bumper growth

Stocks mostly rise as China posts bumper growth

Major stock markets mostly rose Tuesday as data showed China's economy grew far more than expected in the first quarter after the country ended three years of painful zero-Covid measures.

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UK overhauls energy regulation after meter scandal

UK overhauls energy regulation after meter scandal

Britain cracked down Tuesday on energy suppliers' forced installation of prepaid meters following outrage as some of their most vulnerable customers faced higher bills during a cost-of-living crisis.

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Goldman Sachs results hit by slowdown in corporate mergers

Goldman Sachs results hit by slowdown in corporate mergers

A slowdown in corporate transactions and weak trading results weighed on Goldman Sachs' first-quarter results on Tuesday, sending shares lower.

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Absolut vodka says halts exports to Russia

Absolut vodka says halts exports to Russia

The maker of Sweden's Absolut vodka said Tuesday it was ceasing all exports to Russia after calls to boycott the brand flared up in Sweden and on social media.

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Superbugs pose 'huge challenge' in treating Ukraine war wounds

Superbugs pose 'huge challenge' in treating Ukraine war wounds

Infections with superbugs that are resistant to most drugs have presented a "huge challenge" in treating the devastating injuries of people wounded in the war in Ukraine, doctors in Germany said on Tuesday.

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Gunmen attack village, kill dozens in northwest Nigeria

Gunmen attack village, kill dozens in northwest Nigeria

Gunmen suspected to be Fulani herders have killed 33 people in an attack on a farming village in northwest Nigeria's Kaduna state, where intercommunal herder-farmer violence is common, a local official told AFP Tuesday.

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Tour de France champion Vingegaard extends Jumbo-Visma deal until 2027

Tour de France champion Vingegaard extends Jumbo-Visma deal until 2027

Tour de France champion Jonas Vingegaard has signed a fresh deal with Jumbo-Visma that runs until 2027, the Dutch cycling team said on Tuesday.

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US reporter denied bail at first public Russian court hearing

US reporter denied bail at first public Russian court hearing

US reporter Evan Gershkovich appeared at a Moscow court on Tuesday, in the first partly open hearing since his arrest for alleged espionage, in a case that has drawn international condemnation.

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Anger in Kyiv as Putin visits Ukraine frontline regions

Anger in Kyiv as Putin visits Ukraine frontline regions

The Kremlin said on Tuesday that President Vladimir Putin had visited two frontline regions in Ukraine, prompting Kyiv to brand it a tour of the scenes of Russian "crimes".

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