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HSBC says chief executive Noel Quinn 'to retire'
Banking giant HSBC said Tuesday that chief executive Noel Quinn would retire after overseeing a "successful transformation" of the firm and record profits during his almost five years in charge. HSBC on Tuesday said it had begun the process of finding a successor but did not specify when Quinn would step down.
L'Occitane stocks surge in Hong Kong after privatisation offer
Shares in French skincare giant L'Occitane jumped almost 13 percent in Hong Kong on Tuesday as they resumed trading after its owner offered to take it private. The offer, submitted with the support of US private equity giant Blackstone, concerns nearly 28 percent of the shares.
Snake catcher rescues 2.5m long black mamba in Durban, netizens amazed: "Well done"
A Durban snake catcher, Nick Evans, rescued a 2.5-meter-long black mamba in Westville. The giant snake was hiding in the homeowner's bakkie. SA impressed.
Asian markets build on Wall St rally, yen holds bounce
Asian markets extended a rally Tuesday following advances on Wall Street, while the yen held gains after the previous day's sharp swings and focus turned to the Federal Reserve's upcoming policy decision.
Netizens laugh after car drives away from tow truck, TikTok video clocks 11 million views
A TikTok video of a vehicle that drove away as it was about to be towed sent the internet into laughing mode. People who were watching cheered for the driver.
Canada's first new oil pipeline in decades starts operating
The first major new oil pipeline to be built in Canada in decades is set to open on Wednesday, praised by proponents but panned by environmentalists worried about the consequences of more crude production.
Asia's first spot bitcoin, ether ETFs start trading in Hong Kong
Hong Kong on Tuesday launched trading of Asia's first spot bitcoin and ether exchange-traded funds (ETFs), moving forward in the city's race to become a regional virtual asset investment hub. Each company issued a spot bitcoin and a spot ether ETF, which can be traded in both Hong Kong and US dollars, while ChinaAMC (HK) also allowed trading in Chinese yuan.
Ex-Binance chief set for sentencing in US court
US federal prosecutors are calling for ex-Binance chief Changpeng Zhao to be sent to prison when he appears Tuesday for sentencing on money laundering charges. Zhao pleaded guilty to violating US anti-money laundering laws and Binance agreed in February to pay $4.3 billion to settle charges.
ChatGPT faces Austria complaint over 'uncorrectable errors'
A Vienna-based privacy campaign group said Monday it would file a complaint against ChatGPT in Austria, claiming the "hallucinating" flagship AI tool has invented wrong answers that creator OpenAI cannot correct.
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