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Markets
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<p>HSBC  shareholders roundly rejected Ping An’s split plan (Matt Crossick/PA)</p>
Business

HSBC bosses claim victory as shareholders roundly reject split plan

The insurance group calling for a split found few allies willing to join its side on the vote

Business

British Airways owner eyes summer travel boom

IAG says it is “ready to deliver” for customers during the summer travel season

Business

International sales help Bentley profits approach record highs

Bentley made the state limousine that is likely to bring King Charles III around London over the Coronation weekend

Business

Shell’s £8 billion profit stokes calls for more taxes

Anglo-Dutch oil major to return £3.2 billion to investors

Business

Unilever shareholders revolt against CEO’s €5.1 million pay packet

Shareholders representing 58% of voting shares rejected the policy

Business

Changing rules won’t solve all the City’s listing problems

City Comment: Will technical tinkering persuade the next ARM to favour London over Wall Street? Probably not

Business

Deutsche’s Numis swoop is a show of faith the City sorely needs

City comment: The £410 million takeover is intriguing. It’s also a relief.

Business

Rise in mortage lending lifts NatWest profits

Shares fall as publically owned lender leaves annual profit guidance on hold

Business

Price rises drive Unilever growth but CEO says ‘we did it responsibly’

CEO Alan Jope added that the company would rather ‘shrinkflate’ than raise prices

Business

GSK to spend £1.6 billion on Canadian maker of blockbuster cough drug

The deal is the biggest since the old GlaxoSmithKline split in two by separating its consumer products arm

Business

Britain’s biggest firms would be worth £460 billion more in New York

The London stock market, once the world’s premier index, is in danger of becoming a backwater for equities

Business

Let pension funds bet big on the London stock market

City Comment: Growth companies regard a London listing as an expensive faff

Business

Summer may still be chilly for the British economy

City Comment: Inflation and the direction of interest rates remain great unknowns, but the signs are not good

Business

Monopolies watchdog probes Amazon’s £1.4bn acquisition of Roomba maker

It is the second competition-related probe involving Amazon in two days

Business

Apollo makes £1.7 billion final offer for engineer John Wood Group

Apollo had already submitted four previous bids, which Wood’s board say “undervalue the group”

Business

JPMorgan Chase boss: banking crisis is ‘not yet over’

The CEO of America’s biggest bank said the US Federal Reserve should take some of the blame for the sector’s recent troubles

Business

Rathbones and Investec arm link in City wealth manager mega-merger

Staff will fear job cuts as CEO Paul Stockton said some kind of changes would be “inevitable”

Business

Fear of layoffs as City slowdown hits brokers large and small

Peel Hunt, Numis and WH Ireland all showed the stress they are under today

London Live

Don’t be gloomy about the economy — it could be much worse

City comment: When you consider everything the economy has been through, what we have really isn’t such a bad result

Business

The answer to London’s listing woes? Founders always follow the money

City Voices: A grand genture is needed from the Chancellor in the Autumn Statement

Business

Bank of England chief: HSBC was only reasonable bidder for SVB UK

Other prospective bidders, Andrew Bailey said, either never submitted a firm offer or attached terms the Bank couldn’t agree to

Business

A brighter day — but we’re still close to the edge of panic

City Comment: We’re never more than a day away from a fresh bout of panic

Business

Interest rates hiked to 4.25% but Bank of England ‘hopeful’

The quarter-point rise comes amid growing talk in the City that rates are now near their peak

Business

Playtech boss cools on takeover support

“Throughout all of the period, my focus was growth, and I think that is reflected in our results,” he said

Business

Markets around the world turn to Fed for US interest rate decision

The most influential central bank in global finance is expected to hike rates even after banking sector chaos

Business

Rate hike pressure mounts on Bank of England with inflation over 10%

Odds on a 0.25% hike shorten after inflation shock complicates rate call after bank failures in Europe and the US

Business

Fears of rate rise shakedown in markets shift to Federal Reserve

To hike or not to hike: the US central bank’s dilemma as interest rates bite into banks but its inflation fight is not yet over

Business

Markets hold their nerve in Europe as key rate decisions loom

Investors are looking ahead to a brace of potentially explosive interest rate decisions later in the week

Business

Kape directors: May be little choice but to accept ‘undervalued’ bid

Sharedholders would “have to consider” accepting the bid if gambling tycoon Sagi succeeds in taking the ExpressVPN owner private, they said

Business

FCA slams sustainability benchmarks as it ramps up greenwashing fight

The FCA said it would would use “the full range” of its tools to fight vague green benchmarks

Business

Billions knocked off UK banking shares after Credit Suisse rescue

Interest rate rises look less likely as turmoil continues in financial sector as wider markets find support

Business

Currys appoints new chief to warm up its troubled Nordics business

Shares fall as FTSE 250 retailer warns of “weaker” performance amid discounting in Sweden, Denmark and Norway