Reuters Citigroup will wind up its operations in Haiti due to weak demand from institutional clients and lower international banking activity, ending its presence of more than five decades in the country. The exit is part of a strategic review and will not have a significant economic impact on Citi, the bank said on Monday. Citi, one of […]

Chairman Mark Tucker seeking third CEO in nine years Key projects eyed as incentives to keep candidates, sources say LONDON, July 9 Reuters As HSBC prepares to name its third CEO in nine years, the bank is exploring financial incentives and reallocating key projects to retain those who miss out on the top job, two people […]

July 9 Reuters French software company Dassault Systemes cut its fullyear earnings target on Tuesday, saying its customers were being cautious with spending and were delaying the signing of contracts. It now expects 2024 diluted earnings per share EPS growth in the range of 8 to 11 yearonyear, against a previous guidance for 10 to 12 […]

CAPE TOWN, July 9 Reuters Shell is seeking government permission authorities to drill up to five offshore wells off the west coast of South Africa, a draft scoping report from environmental consultancy SLR showed on Tuesday. Shell Offshore Upstream South Africa B.V. and its joint venture partners need environmental authorisation from the government before they can […]

July 9 Reuters British housebuilder Vistry said on Tuesday it expects halfyear profit to increase by about 7, buoyed by resilient demand for its affordable homes from housing associations and the rental segment. The British housing sector would be hoping for a dynamic shift in homebuilding policy under the new Labour government, mainly to tackle planning […]