HSBC Holdings plans to raise US$2.5 billion by issuing two tranches of additional tier-1 (AT1) bonds, marking the reopening of such offerings after the US and Israel war on Iran rattled global financial markets. The biggest lender in Hong Kong and Europe by assets said in a stock exchange filing before the market opened on…
Temu’s European headquarters in Dublin were raided by EU regulators last week on concerns about potential Chinese state subsidies granted to the online retailer, a subsidiary of China’s e-commerce giant PDD Holdings, a person familiar with the matter said on Wednesday. Temu did not immediately respond to requests for comment. The raid comes amid increasing…
More than two years after launching its economic security strategy and with the world swept up in economic warfare, the European Union still cannot decide what economic security means. Despite this, under the strain of US tariffs and Chinese export controls, the bloc is preparing to unveil a new “economic security doctrine” in early December,…
An English tourist who was allegedly assaulted following a confrontation in Temple Bar in Dublin two months ago has died. The man, who was aged in his 40s, was hospitalised with serious head injuries following the incident. He was later repatriated to the UK where he died last Saturday. The incident occurred in the early…
Uefa said on Monday it had “reluctantly” approved the staging of a Spanish La Liga and an Italian Serie A match in the United States and Australia respectively, despite fan protests. “While it is regrettable to have to let these two games go ahead, this decision is exceptional and shall not be seen as setting…
The Kansas City Chiefs are partnering with the German Federal Police to sponsor a youth flag football camp in Munich next month.The camp will take place Sept. 18 at Sportpark Freiham, which also hosts the Chiefs’ girls flag football league in Germany.“We are extremely excited to partner with the Federal Police around this youth Flag…