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Money News Headlines

Pressure remains on BHP despite rise in earnings

Global miner BHP, seeking to fend off activist investor Elliott Advisors, handed an extra $800 million to shareholders but its share price slid on Tuesday after costs rose and interim results fell short of forecasts.

HSBC profit disappoints as CEO Gulliver bows out

HSBC Holdings reported a smaller than expected rise in annual profits and unveiled plans to raise up to $7 billion to bolster its capital, as CEO Stuart Gulliver hands over to a new leadership team on Tuesday.

Jaitley slams oversight lapses amid PNB fraud probe

India's Finance Minister decried a "lack of ethics" among sections of Indian business on Tuesday and criticised inadequate oversight by auditors and regulators, after the financial sector was rocked by a $1.8 billion fraud at a state-run bank.

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