HSBC first quarter profit jumps as costs drop

HSBC first quarter profit jumps as costs drop

HSBC has reported a 31% jump in pre-tax profits for the first quarter as it cut costs and incomes from Asia grew. Europe’s largest bank made $6.2bn (£4.8bn) before tax in the three months to March, up from $4.8bn in the same period a year earlier. It beat the …
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Chinese Mother Says She Was Misled When Making $6.5 Million Stanford Payment

A Chinese mother says she was misled into thinking she was donating to Stanford University, after paying $6.5 million to an adviser at the center of the
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Oil prices slip on way to weekly drop amid surging US output

SINGAPORE (Reuters) – Oil prices dipped on Friday, paving the way for a weekly decline as surging U.S. output was expected to start hitting global markets soon. FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France March …
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'Bloomberg Surveillance' Full Show (05/02/2019)

'Bloomberg Surveillance' Full Show (05/02/2019). Close. Share … Live on Bloomberg TV. Best of Bloomberg Daybreak: Middle East · Full Schedule
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SAS Reaches Deal With Pilots to End Seven-Day Labor Conflict

Scandinavian Airlines operator SAS AB reached a deal with pilot unions to end a seven-day strike that left hundreds of thousands of customers in the lurch and may have wiped out profit for the Nordic carrier this year. SAS and the Danish, Norwegian and …
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