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Banking and Finance

After Singapore, Hong Kong to be second venue of HSBC’s ‘AI Institute’

GBO CorrespondentNovember 3, 2026November 3, 2026
November 3, 2026November 3, 2026441
HSBC is looking to launch the institute in the first quarter of 2027, Chief Executive Georges Elhedery said at Hong Kong's Fintech Week event on Monday...
Economy

Canada’s economy stalls in August amid slow progress in US trade deal talks

GBO CorrespondentNovember 2, 2026November 2, 2026
November 2, 2026November 2, 2026238
While Canada's GDP recorded no growth in August, an advance estimate from the Statistics Canada suggests a 0.1% contraction in September...
Real Estate

Rising borrowing costs, heavy debt deepen pressure on Europe’s commercial property market

GBO CorrespondentNovember 2, 2026November 2, 2026
November 2, 2026November 2, 2026307
European commercial property sales totalled 43 billion euro (USD 48 billion) in the Q3, their lowest quarterly level in three years, stated the MSCI data...

Oracle caps additional AI funding at USD 20 billion, expands chip supply deal with...

GBO CorrespondentNovember 2, 2026November 2, 2026

Amazon’s AI spending fuels USD 42.4 billion cash burn, expenditure to increase further

GBO CorrespondentNovember 2, 2026November 2, 2026

Online Safety Act: Meta, TikTok and X lose UK legal challenge against Ofcom’s regulatory...

GBO CorrespondentNovember 2, 2026November 2, 2026

Dubai property prices remain stable as 56,600 new homes loom, says Dubizzle Group

GBO CorrespondentOctober 30, 2026October 30, 2026

GBO Apr-Jun 2026 issue

GBO
Magazine

The ‘Brexit Bill’ United Kingdom is still paying

Brexit has caused missed growth opportunities, suppressed investments, higher prices, and constrained ambition…

Banking and Finance

Ares Management eyes record fundraising year on private credit, real estate growth

GBO CorrespondentNovember 3, 2026November 3, 2026
November 3, 2026November 3, 2026

After Singapore, Hong Kong to be second venue of HSBC’s ‘AI Institute’

GBO CorrespondentNovember 3, 2026November 3, 2026
November 3, 2026November 3, 2026

UBS Q3 net profit rises 8% to USD 2.69 billion amid capital...

GBO CorrespondentOctober 29, 2026October 29, 2026
October 29, 2026October 29, 2026

Using AI to cut lending decisions to minutes: Deutsche Bank accelerates its...

GBO CorrespondentOctober 27, 2026October 27, 2026
October 27, 2026October 27, 2026

Industry

Lufthansa cuts 2026 profit outlook as jet fuel bill soars amid volatile geopolitics

GBO CorrespondentNovember 4, 2026November 4, 2026
November 4, 2026November 4, 2026

Virgin Media O2 to cut thousands of jobs as cheaper ‘alt-nets’ intensify...

GBO CorrespondentNovember 4, 2026November 4, 2026
November 4, 2026November 4, 2026

Tesla sees surging vehicle registrations in Europe, gets beaten by Chinese in...

GBO CorrespondentNovember 3, 2026November 3, 2026
November 3, 2026November 3, 2026

Rising borrowing costs, heavy debt deepen pressure on Europe’s commercial property market

GBO CorrespondentNovember 2, 2026November 2, 2026
November 2, 2026November 2, 2026

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