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Noel Quinn and Warren East, as well as Chanel chief Leena Nair among business figures to be honoured

The former chief executives of HSBC and Rolls-Royce have been knighted, as figures from the business world joined sportspeople, entertainers and public servants on the new year honours list.

Noel Quinn, 62, the bank’s chief executive from 2019 until September, received a knighthood for services to finance and net zero. He is credited with revamping HSBC and achieving record profits in 2023, when his pay roughly doubled to £10.6m during the year.

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04.01.25 07:09

by theguardian.com

Asian American woman sues PayPal for racial bias in investment program

Nisha Desai is part of growing conservative push to curtail diversity, equity and inclusion initiatives in corporate US

PayPal has been sued by an Asian American businesswoman who accused the digital payments company of racial bias for restricting part of a $535m investment program to Black and Hispanic applicants, costing her millions of dollars.

Thursday’s complaint by Nisha Desai and her New York-based venture capital firm Andav Capital is part of a growing push among some conservatives to curtail diversity, equity and inclusion initiatives in corporate America.

United States of America