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HSBC Shareholders Defeat Ping An-Backed Measures
Posted inBanking and Financial Institutions Boards of Directors China Company Reports HSBC Holdings PLC. Ping An Insurance Co

HSBC Shareholders Defeat Ping An-Backed Measures

The outcome is a win for the bank in its fight with its largest stakeholder, the Chinese insurer Ping An, which argues HSBC isn’t taking full advantage of its profitable Asia unit.
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Posted by By Michael J. de la Merced
Apple’s Slowdown Eases, but Sluggish Demand Hurts Results
Posted inCompany Reports Computers and the Internet Coronavirus Return to Office

Apple’s Slowdown Eases, but Sluggish Demand Hurts Results

Overall iPhone sales were up, and revenue for the company’s services business set a record.
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Posted by By Kellen Browning
Anheuser-Busch Changes Beer Marketing Focus After Transgender Promotion
Posted inAdvertising and Marketing Beer Company Reports Mulvaney, Dylan (1996- ) Social Media Transgender

Anheuser-Busch Changes Beer Marketing Focus After Transgender Promotion

Executives at the beer giant told analysts that Bud Light’s focus going forward will be on sports and music.
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Posted by By Julie Creswell
Shell Reports $9.6 Billion Profit, Despite Falling Oil Prices
Posted inBP Plc Company Reports Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Sawan, Wael Shell Plc Total SA

Shell Reports $9.6 Billion Profit, Despite Falling Oil Prices

The oil and gas giant said its earnings, which exceeded analysts’ expectations, were bolstered by strong energy trading.
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Posted by By Stanley Reed

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