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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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CNN CNN This Morning July 6, 2024



bee he s about to learn his fate hours from now. we ll speak to the attorney representing the family of murdaugh s former house keeper. tornadoes ripping through the south. heavy snow to the midwest and to the northeast. people in california still trapped in their homes. running out of food after the same storm system dumped seven feet of snow there. also this morning on the international front, the situation is critical for ukrainian forces in the besieged city of bakhmuit. the only main bridge into the city has been blown up. russian mers on aries say ukrainian defenders are surrounded. we ll take you live on the ground to eastern ukraine. here s where we begin. with a verdict in the double murder trial that gripped the nation. guilty verdict. verdict, guilty. verdict, guilty. verdict, guilty. guilty. all the way around. alex murdaugh found guilty of murdering his own wife and son. took the jury less than three hours. the sentencing is going to begin at 9: ....

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BBCNEWS Sportsday July 6, 2024



supporters and fans. hopefully it is up supporters and fans. hopefully it is up to us to take them back there. hello again. a match like manchester city against bayern munich has tentacles that spread far and wide. just the two managers involved in the champions league quarter final first leg tonight conjure up four different rivalries with five clubs. the story of pep guardiola and thomas tuchel goes back a decade and takes in ten meetings, which are rarely run of the mill. one beats the other to league titles, the reverse is true in the only champions league final between them. and as of last month, both teams have managed bayern with tuchel taking over the club guardiola left in 2016 and is playing against for the first time since. nesta mcgregor is at the etihad for us. nesta, neither at bayern nor at city has guardiola won this competition, and as ever, it s part of the conversation. when ou talk it s part of the conversation. when you talk about it s part of the ....

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FOXNEWS FOX and Friends July 6, 2024



that s a saving grace for customers of silicon valley bank as much as $220 billion in assets were uninsured. it s a move to prevent a run on additional banks and makes it so the tech companies that banked with svb can make payroll. at least 29 were impacted including big names like pinterest, fit bit, zip recruiter who name a few. separately the same has been done for new york signature bank shut down over the weekend. treasury secretary janet yellen says this action does not equal bailing out the banks. during the financial crisis, there were investors and owners of systemic large banks that were bailed out and we re certainly not looking into the reforms that have been put in place means that we re not going to do that again. but, we are concerned about depositors and are focused on trying to meet their needs. ceo of pershing square bill ache man says he agrees it s not a bailout. a term come to be used he said this on twitter, quote: more banks will likely fail d ....

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FOXNEWS FOX and Friends July 6, 2024



coronavirus originated in a chinese research lab. according to a news report, not one but two lab leaks are the most likely sources. only explanation credibly supported and by common sense. i m here to announce that i plan on making a comeback to the nfl. damar hamlin is ready to return to football. with the buffalo bills defensive back now medically cleared to resume. it s not the end of my sorry. 7:01 here in new york city. we start with a fox news alert. rescue crews are back on the scene of a deadly new york city parking garage collapse early this morning. rachel: responders are making sure no one is inside as investigators try to pinpoint what caused the structure to buckle. brian: all right. so todd piro, right after he is done with this show went to lower manhattan to find out for himself what is going on. todd? todd: hey, guys, it is still a really active scene out here, so much so as the media we have been pushed really far away. cops and ....

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