LONDON (Reuters) - HSBC ( HSBC ) has decided to shutter its international payments app Zing, potentially triggering around 400 job losses, a source familiar with the matter said, as CEO Georges Elhedery steps up cost-cutting efforts at Europe's largest bank. The staff at risk of redundancy will be informed from Thursday, according to the source, who said the approximate...

03:41 AM EST, 01/23/2025 (MT Newswires) -- Vince Holding ( VNCE ) shares surged 71% in after-hours activity Wednesday after P180 acquired a majority stake in the company from Sun Capital Partners affiliates. Vince ( VNCE ) said Brendan Hoffman will become its new CEO on Feb. 3, taking over from Interim CEO David Stefko, who will remain on the...

* Indian tribunal order a big relief for Meta * Antitrust ruling banned data sharing between WhatsApp and Meta * Meta's appeal against the antitrust order will be heard in March (Adds details of impact on business, revenue and context paragraph 2, 8-12) By Arpan Chaturvedi NEW DELHI, Jan 23 (Reuters) - An Indian tribunal temporarily suspended a five-year data...

03:52 AM EST, 01/23/2025 (MT Newswires) -- Exicure ( XCUR ) said late Wednesday it has agreed to acquire all shares of GPCR Therapeutics USA, a subsidiary of GPCR Therapeutics, a Korean corporation. In connection with the deal, Exicure ( XCUR ) and GPCR made a licensing and collaboration agreement to further develop and commercialize certain GPCR technologies, the company...