Adidas lifted by sales of Samba, Gazelle shoes while North America lags

Adidas lifted by sales of Samba, Gazelle shoes while North America lags

Adidas reported strong first-quarter growth driven by high demand for its retro-style Gazelle and Samba sneakers, especially in Europe.

HSBC setting up $1 bln growth fund to scale up digital platform businesses in Southeast Asia

HSBC setting up $1 bln growth fund to scale up digital platform businesses in Southeast Asia

HSBC is setting up a billion growth fund called ASEAN Growth Fund that provides lending to companies scaling up via digital platforms across Southeast Asia.