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Tag: Business

SpaceX’s $1.75tn market bombshell could push Elon Musk towards trillionaire status

SpaceX revealed IPO plans, massive revenues and multibillion-dollar losses in a landmark filing

Banking shock as HSBC left exposed in catastrophic $400m loss

HSBC faces scrutiny after massive losses, while KPMG cuts hundreds of audit jobs

HSBC faces $1.3bn hit to profits, citing fraud and impact of Iran war

HSBC’s profits fall 4% in Q1, driven by fraud-related charges and financial uncertainty

Oil prices soar as Hormuz blockade and Trump’s strategy push gas prices to record highs

US gas prices hit $4.23, their highest since 2022, as tensions in the Strait of Hormuz worsen and the conflict with Iran intensifies

Global flight chaos as fuel crisis forces mass cancellations and price surges

Airlines cancel flights and raise charges as jet fuel prices surge amid conflict
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