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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, ....
devastating incident. the government says people will receive the £400 to help with rising energy bills in six monthly installments from october. will smith apologises to chris rock over his infamous oscars slap, in his first public statement in three months. alex yee wins gold for england in the men s triathlon on the first day of the commonwealth games in birmingham. and coming up later in the hour, does the true story of the rescue of 13 youngsters from a flooded thai cave work well as a feature film? find out what mark carmody thinks of 13 lives and the rest find out what mark kermode thinks of 13 lives and the rest of the week s mean releases in the film review at 5:45pm. rebekah vardy has lost her libel case which had become known as the wagatha christie trial at the high court. vardy had sued coleen rooney after the latter accused her of leaking private information about her to the tabloid press. both women have huge social media followings and busines ....
Week once things may turn more unsettled next week once again. Joined me later for the details its sunday 22nd october. Our main story israel says its intensify airstrikes against hamas in gaza, as it prepares its troops for a Ground Assault. Hamas is regarded as a Terrorist Organisation by the uk and this latest escalation in tensions in the language follows its attack on israel two weeks ago. Twenty lorries carrying humanitarian aid have been allowed through the Rafah Crossing, on the border with egypt, and a second convoy could enter gaza today, but un agencies say this represents a drop in the ocean of what is needed. Greg mckenzie reports. Yesterday, the Rafah Crossing that connects egypt to the Souther ....