Wednesday, May 13, 2026
Wednesday May 13, 2026
Wednesday May 13, 2026

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Tag: Business

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

Porsche unleashes £200k GT3 Cabriolet after years of delay and pent-up demand

Porsche reveals its first GT3 Cabriolet, ending years of delay with a bold £200k launch

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