HSBC Holdings PLC
The Iran war has put the brakes on the next Bank of England rate cut
A road closure sign leans against a wall outside Royal Exchange in the heart of the City of London, on 13th June 2022, in London, England. Richard Baker | In Pictures | Getty Images Before the war in Iran erupted, the Bank of England was widely predicted to be on course to cut interest rates […]
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Inside India newsletter: Energy, airlines and now over $50 billion in remittances to India at risk as Middle East conflict deepens
This report is from this week’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story India can’t seem to escape from the fallout of the escalating conflict in the Middle East. A significant share of the country’s energy imports risk disruptions and its aviation […]
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What to expect from the UK’s budget update, the Spring Statement
Britain’s Chancellor of the Exchequer Rachel Reeves speaks during the World Economic Forum (WEF) annual meeting in Davos on January 20, 2026. The World Economic Forum takes place in Davos from January 19 to January 23, 2026. Fabrice Coffrini | Afp | Getty Images As the U.K.’s Finance Minister Rachel Reeves prepares to give an […]
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The Tech Download: Software was going to eat the world. Now it’s facing an ‘existential’ crisis
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Back in 2011, venture capitalist Marc Andreessen published the now well-worn words: “software is eating the world.” Now, a debate is raging around how much software AI will eat. Many of the world’s most valuable software stocks have […]
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Market watchers back Jensen Huang’s view that investors are ‘wrong’ on SaaSpocalypse
Nvidia ‘s Jensen Huang was right when he told CNBC investors “got it wrong” over AI fears that drove them to sell off software stocks, market watchers have said. Software stocks have been caught up in a sell-off that dragged the sector into bear market territory, amid fears AI could make software as a service […]
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‘Software will eat AI,’ HSBC says. Here are the bank’s top picks
“Software is already eating AI” and will continue to do so, according to HSBC, with the bank shrugging off recent market fears about the sector being displaced by artificial intelligence. Software stocks plunged earlier this month as widespread concerns that AI could make software-as-a-service, or SaaS, business models obsolete, sparked a sell-off and warnings of […]
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CNBC’s UK Exchange newsletter: With shares up 1,200%, Rolls-Royce’s CEO has lots to shout about
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Employees work on a Rolls-Royce Trent 7000 engine for an Airbus SE A330neo aircraft at the Safran SA plant in Colomiers, France, on Tuesday, March 25, 2025. Safran Nacelles manufactures nacelles for short, medium and long-range […]
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European stocks set for higher open as market nerves ease
The City of London skyline at sunset. Gary Yeowell | Digitalvision | Getty Images LONDON — European stocks are expected to open broadly higher on Wednesday as global market nerves eased after U.S. President Donald Trump’s universal 10% tariff came into effect rather than the threatened higher 15% rate. The U.K.’s FTSE index is seen […]
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HSBC annual pre-tax profit drops over 7%, revenue jumps as bank’s results top estimates
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024. Henry Romero | Reuters Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $29.91 billion, beating the estimates on the back of a strong performance in its wealth division and Hong […]
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Bayer falls 7% after proposing $7.25 billion settlement in Roundup case; European markets open higher
Traders work at the New York Stock Exchange on Feb. 10, 2026. NYSE LONDON — European stocks opened higher on Wednesday as investors weighed the latest U.K. inflation data and monitored global market developments. The pan-European Stoxx 600 was roughly 0.5% higher shortly after the open, and the U.K.’s FTSE 100 and France’s CAC 40 […]
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