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HSBC's 2016 pre-tax profit slumps 62 percent; sets new $1 billion share buy-back

a shared story    37 minutes ago
HONG KONG (Reuters) - HSBC Holdings reported a 62 percent slump in annual pre-tax profit that fell way short of analysts' estimates due to one-time charges related to some businesses, and announced a new $1 billion share buy-back.  



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HSBC warns of risks to world economic growth as profit dives

a shared story    37 minutes ago
HONG KONG (AP) -- London-based bank HSBC reported Tuesday that annual profit slumped by more than 80 percent following a year of "unexpected economic and political events" that contributed to volatile markets and influenced investment activity.... 



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Philip Hammond 'listening' to business rates concerns

a shared story    37 minutes ago
Philip Hammond meets Conservative backbenchers to hear about firms that would lose out under business rate plans. 



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Australia should not join US in South China Sea operations, says retired defence chief

a shared story    37 minutes ago
Angus Houston warns blockade of China’s artificial islands would invite a ‘sharp response’ from BeijingThe retired defence chief Angus Houston has warned Australia should not participate in freedom of navigation operations within 12 nautical miles of China’s artificial islands in the South China Sea.He has also...(more) 



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Tokyo Olympic golf course must give female members equal rights or lose event, says IOC

a shared story    37 minutes ago
Kasumigaseki Country Club is due to host the men’s and women’s tournaments in 2020 but the IOC has demanded it allows full access to both sexesThe venue for the Tokyo 2020 Olympic golf tournament could have the event taken away unless it grants equal playing rights...(more) 



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Hitler's eyrie: a visit to Berchtesgaden - archive, 21 February 1970

a shared story    37 minutes ago
21 February 1970: A piece nominally about Hitler’s leftovers at Berchtesgaden, but essentially about writer Geoffrey Moorhouse’s personal hangup on Germany and the Germans. Pictures by Frank MartinIt is now a quarter of a century since we stopped fighting them and I cannot even claim that...(more) 



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Five dead in Melbourne plane crash after 'catastrophic engine failure' – video

a shared story    37 minutes ago
A Victoria police assistant commissioner, Stephen Leane, says the plane that ploughed into a shopping centre near Essendon airport on Tuesday, killing five people, suffered a ‘catastrophic engine failure’ shortly after takeoff. The state premier, Daniel Andrews, says it’s a ‘desperately sad day’ for Victoria, and...(more) 



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India's space agency employees get treated with free pizza after setting world record last week

a shared story    37 minutes ago
India’s space agency ISRO shattered world record last week when it launched a flock of 104 satellites into space with one rocket. SEE ALSO: Fumed Indians continue to troll NYT over 2-year-old cartoon mocking their space agency The space agency has since won many hearts, and...(more) 



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WhatsApp launches Snapchat-like messaging service

a shared story    37 minutes ago
It seems Facebook is determined to transform all of its apps into Snapchat copycats. WhatsApp is rolling out Snapchat-like messaging that lets users send images with doodles, text captions and emojios. 



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HSBC sees full year profit plunge 62% to $7.1bn

a shared story    1 hour 37 minutes ago
One-off charges, including pulling out of Brazil, hit the global banking giant's annual results. 



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Tensions mount as Ecuador’s presidential race up in the air

a shared story    1 hour 37 minutes ago
Tension mounted as vote counting in Ecuador’s presidential election dragged into a third day Tuesday, with supporters and opponents of outgoing President Rafael Correa trading heated accusations. 



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Iraqi forces battling Islamic State about to reach Mosul airport

a shared story    1 hour 37 minutes ago
By Stephen Kalin and Maher Chmaytelli SOUTH OF MOSUL/BAGHDAD, Iraq (Reuters) - U.S.-backed Iraqi forces battling Islamic State fighters have fought their way close to Mosul's airport on the second day of a ground offensive on the jihadists' remaining stronghold in the western side of the...(more) 



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