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BBCNEWS World Business Report July 6, 2024

let s get down to business. hsbc has just reported a 92% surge in quarterly profit. rising interest rates helped to swell its net interest income. europe s largest bank that s headquartered in london said pre tax earnings ringed in at $5.2 billion for the fourth quarter that s better than expected and up from $2.7 billion the year before. but it s biggest shareholder, ping an insurance of china, is putting pressure on the board to pivot further east. that s one of the challenges facing hsbc. let s discuss this with will walker arnott, senior investment manager, charles stanley good morning. talk about numbers. shareholders will benefit. hsbc did well in the last quarter- benefit. hsbc did well in the last quarter. yes, benefit. hsbc did well in the last quarter. yes, strong - last quarter. yes, strong results which would have pleased the market and beat expectations, as outlined. gather up 30% over last year, and the results explain why. what strip on the results, ....

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BBCNEWS Outside Source July 6, 2024

as the country is hit by another earthquake. and two of the uk s biggest supermarkets, start rationing some fruit and vegetables, as the shelves run short. we begin in poland where us presidentjoe biden has stressed the us and other allies support for ukraine will not waver, in a defiant speech delivered in the run up to the first anniversary of russia s fullscale invasion. he told a cheering crowd in warsaw that, as he put it, president putin s lust for power and land would fail, painting the struggle as a generational one for freedom. it comes hours after russia s vladimir putin announced moscow was suspending participation in a key arms control treaty with the us during an address to russia s parliament. we ll have more on that shortly, but let s hear now from mr biden. kyiv stands strong! kyiv stands proud! it stands tall! and most important it stands free. when russia invaded it was notjust being ukraine tested. the whole world faced a test for the ages. europe wa ....

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BBCNEWS Newsday July 6, 2024

safe passage for drugs. empty food shelves in the uk. why are some supermarkets having to limit sales of fruit and veg? live from our studio in singapore. this is bbc news. it s newsday. welcome to the programme. we have a tale of two presidents for you this hour from the us and russia. we ll get to the american president joe biden in a moment but first russian leader vladimir putin. he s announced he s suspending russian participation in the last major nuclear arms control agreement with the us. in his two hour state of the nation address, mr putin accused the west of starting the war in ukraine and seeking to destroy russia in a global confrontation. our russia editor steve rosenberg reports. the world according to vladimir putin feels like a parallel universe. who started the war in ukraine? not russia, he says. translation: responsibility - for fuelling the ukrainian conflict, for its escalation, and for the growing number of victims lies fully with the west a ....

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BBCNEWS Newsday July 6, 2024

war that s proved to be a big winner at the baftas. some breaking news for you at this hour: north korea has been accused of firing ballistic missiles into the sea of japan just a day after the us and south korea held a drill in response to a similar launch. north korea said that test was designed to show it was able to fire nuclear capable missiles at short notice in response to threats. chad o carroll works for the korea risk group and joins me now. thank you forjoining us on the programme. just to get your thoughts on how significant this action is from today and yesterday. this action is from today and yesterday- this action is from today and esterda . ., . ., , yesterday. nothing particularly si . nificant yesterday. nothing particularly significant if yesterday. nothing particularly significant if you yesterday. nothing particularly significant if you zoom - yesterday. nothing particularly significant if you zoom out - yesterday. nothing particularly signifi ....

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BBCNEWS Newsday July 6, 2024

live from our studio in singapore, this is bbc news. it s newsday. north korea has been accused of firing ballistic missiles into the sea of japan just a day after the us and south korea held a drill in response to a similar launch. north korea said that test was designed to show it was able to fire nuclear capable missiles at short notice in response to threats. chad o carroll works for the korea risk group and told me more. north korea has shown the capability to launch macro in short range tactical missiles over several years successfully. i think the key new thing here is the fact that the north koreans were making clear they could launch this icbm on saturday with a 9 hour window and they responded very quickly today to the us and south korean our drills last night with these tactical tests and i think the message basically is that for all the forthcoming us south korean exercises, there is going to be a very significant north korean military demonstration in res ....

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