When Peter Wong announced his retirement this week after a decade as HSBC’s CEO in Asia, he told staff that turning the crisis into opportunity was “embedded” in the bank’s DNA. HSBC has swung through a Crisis series In Europe, the United States and South America in the past 10 years – while Wong quietly …
Peter Wong retires as HSBC’s ‘indispensable’ chief statesman Read More »
A herd of wild elephants marching through villages and towns in southwest China’s Yunnan Province has caused a frenzy among fans online, adding to the urgency of the country’s efforts to protect the animals’ natural habitats. Last spring, 16 Asian elephants began walking north from a nature reserve in Xishuangbanna, a tropical region on the …
Long elephant walk adds urgency to China’s conservation efforts Read More »
Turkey 0 – Italy 3 Italy exited the opening match of the Euro 2020 soccer tournament which was held on Friday night in Rome as acceptable contenders for the title. Their coordinated pressing game exhausted the Turks and trailed them with three goals in the second half – the Azzurri’s biggest return in a European …
Italy opens Euro 2020 by setting Turkey free from the previous three ideas Read More »
Clean energy company Invenergy said Friday it was hacked but “did not intend to pay any ransom,” after one of the world’s most notorious ransomware gangs threatened to leak embarrassing details about its billionaire CEO. The Chicago-based private company, known for building large wind and solar farms, said it had “investigated unauthorized activity on some …
Billionaire founder of Invenergy exposed to hacker extortion attempt Read More »
The writer is a former head of the British Secret Intelligence Service MI6, and co-founder of Vega Cyber Associates. It is easy to feel helpless in the face of an amorphous and seemingly random threat like ransomware. But, like all cybersecurity issues, it is not so much a technical problem as a human one. It …
GSK’s CEO of consumer healthcare expects the newly separated company to make deals in growth areas such as vitamins in a sector ready for consolidation. Brian McNamara told the Financial Times the company will be able to strike smaller deals, despite being debt-laden, speaking before a much-anticipated investor day detailing the split between GSK’s pharmaceutical …
GSK Consumer Chief Plans Deal After Disengagement From Pharma Read More »
In my favorite novel Red and black, the colors indicate the only way to ascend the born Frenchman. In the end, neither the red army robe nor the black church robe so much as elevates the goofy white hero. The mayor’s wife and the daughter of the Marquis are among those who have led him …
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When a young law student called Leo Melamed He arrived at 110 North Franklin, Chicago, for a job interview at what he thought was a law firm in 1952, the chaotic spectacle he witnessed astounding him away. Merrill Lynch, Pierce, Wiener & Bain were, in fact, a brokerage, and the job was for a “runner” …
Market veterans mourned the slow death of historical trading pits Read More »
The Tokyo Olympics are struggling to retain their army of volunteers after it emerged that organizers were hiring paid staff to do similar work, the latest hurdle to the long-awaited Games in Japan. About 10,000 volunteers have resigned in recent weeks, according to organizers, out of about 110,000 who are the welcoming face of the …
Olympic volunteers find the same work as paid employees who don’t play the game Read More »
