HSBC

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Providence, which is led by chief executive Tony O’Reilly jnr, said it had received “further assurances” that the loan advances due were in the process of being paid. Photograph: Dara Mac Dónaill

Providence Resources says it will need to put in place “alternative financial arrangements” by the end of the month if it has not received a promised(...)

Traders at work on the floor at the New York Stock Exchange on Monday. Wall Street stocks slipped on the day as political tensions sapped risk appetite. Photograph: Eduardo Munoz/Reuters

European shares fell on Monday, with banks leading the decline, as worries that the protracted US-China trade war could push the global economy into r(...)

Earlier this month, Barclays said that it had cut 3,000 jobs, or almost 4 per cent of its total workforce, in the second quarter. Photograph: Ian West/PA Wire

Global investment banks are shedding tens of thousands of jobs as falling interest rates, weak trading volumes and the march of automation create a br(...)

 President of the European Central Bank Mario Draghi: recognises the limitations of monetary policy in fixing the euro zone’s ills. Photograph: Kai Pfaffenbach

The European Central Bank will doubtless cut its overnight deposit rate even deeper than the current -0.4 per cent at its next meeting in September. T(...)

An oil rig operating in Barryroe, 50km from Co Cork. File photograph: Finbarr O’Rourke/Providence Resources/PA Wire

Oil and gas explorer Providence Resources has secured permission from the Government to carry out an important site survey at its Barryroe oil project(...)

The Drumcondra site forms part of a larger plot being sold by the Catholic Archdiocese of Dublin to the GAA.

The GAA is set to receive €105 million from selling on part of a site close to Croke Park that it is buying for €95 million. US commercial property(...)

John Flint: ‘The understated Flint had become increasingly isolated in recent months.’ Photograph:  Stefan Rousseau, Getty

The humiliation of being sacked as chief executive of HSBC after less than 18 months in the role must be acute for John Flint, who has spent his entir(...)

HSBC said  its global commercial banking unit head Noel Quinn will be interim chief executive

HSBC ousted John Flint as chief executive after just 18 months in a shock move that the chairman of Europe’s biggest bank said was needed to speed up (...)

Providence Resources, led by chief executive Tony O’Reilly jnr, revealed  it had decided to make all its technical and support staff redundant.

Oil and gas explorer Providence Resources, whose shares have been rattled in the past two months by funding delays for its main project, saw its share(...)

US stocks tumbled to a one-month low on Friday. Photograph: Reuters

“A lot of red on the screen” was how traders summarised the market performance on Friday as global news hit markets. European stocks took serious dam(...)

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