Hot Off The Wires - 28th May 2021
HSBC has sold its US retail banking network, effectively bringing to a close its struggling North America business after a 40-year attempt to run a full-service bank in the country.
Boris Johnson is considering plans for a carbon tax on imports from polluting industries in a move that could protect British farmers from foreign rivals.
Air France and Austrian Airlines had to cancel flights to Moscow after Russian authorities failed to approve new routes that avoided Belarus’s airspace in response to Minsk’s interception of a passenger jet.
Rolls-Royce has opened the world’s largest indoor jet engine test bed, a £90m bet on the company’s future despite the current crash in air travel.
Tui Group said last night it has agreed to sell its 49% stake in Spain’s RIU Hotels to co-owner RIU Group in a deal giving the joint venture an enterprise value of €1.5bn.
When was the first doughnut made?