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Yachtmaker Ferretti braves choppy waters with IPO valuing it at upto $1.2 BLN

Italian luxury yacht maker Ferretti Group launched a Hong Kong initial public offering. This values the company at up to $1.2 billion. Ferretti, whose...

Goldman Sachs raised COO pay by 78%

Goldman Sachs Group Inc President and Chief Operating Officer John Waldron's total compensation for 2021 was $33 million. This is up nearly 78% from a...

HSBC buys virtual plot of land in digital push

HSBC is buying a plot of virtual real estate in an online gaming space called The Sandbox for an undisclosed sum. This is the bank's...

In break with Toshiba board

A Toshiba Corp independent director broke ranks with the company board's public stance. He said that he would back a shareholder proposal at the upcoming...

Bentley to roll out one electric car annually for five years from 2025

Luxury carmaker Bentley unveiled plans to build a new electric model annually for five years from 2025. This announcement is after its annual profit...

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