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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, ....
ready to form a new executive. a new election will be called at one minute past midnight if no executive is formed that s 2a weeks since the last poll. in other news: the oil giant shell reports quarterly profits of nearly $9.5 billion its second highest on record but pays no windfall tax in the uk. and now we know the title of prince harry s much anticipated and controversial memoir. it s called spare, and it documents his move to america. the elected assembly which runs northern ireland is hours away from collapsing, over the region s post brexit trade arrangements. politicians have until one minute past midnight uk time that s around five hours from now to restore a power sharing agreement before a new election is called. political parties met at stormont today in a last ditch effort to try to form a new executive nearly six months after they were elected. procedures though are being blocked by the democratic unionist party the dup which objects to ....
unpredictable since the end of the second world war. in northern ireland, the latest efforts to form a new governing executive have failed. there could be new elections by christmas. and why schools that tried to ban pupils from wearing their afro hair tried to ban pupils from wearing theirafro hair in tried to ban pupils from wearing their afro hair in a coming up in the sport on the bbc news channel, we have a full round up in the british involvement in europe with manchester united, arsenal, west ham and all in action. good evening. the new prime minister rishi sunak has decided not to attend the global climate conference in egypt next month. the decision has been heavily criticised by political opponents and environmental campaigners. downing street says he has other pressing domestic commitments, including the autumn budget. but the decision has been heavily criticised by political opponents and by environment or campaigners. our climate editor, justin rowlatt, has ....
thanks. torsten bell, from the think tank the resolution foundation, joins us now. i , from what you have heard and seen today with the prime minister ditching her chancellor, kwasi kwarteng, pointing jeremy hunt, who comes from a different part of the conservative party, more centrist tradition, is that going to be enough to bring financial and political calm? taste enough to bring financial and political calm? enough to bring financial and political calm? enough to bring financial and oliticalcalm? . ., , ., political calm? we all got used to confusin: political calm? we all got used to confusing economic political calm? we all got used to confusing economic times - political calm? we all got used to confusing economic times but - political calm? we all got used toi confusing economic times but the last month has definitely been the most last month has definitely been the most chaotic economic policy making i most chaotic economic policy making i have most chao ....
About good news, this is my opportunity to congratulate you on your new book. And also to say thank you for sending me a copy. You are very welcome, i wanted to make sure that you got, it is one of those gifts that is, like, its nice but its also a little pushy. Well, the push is received. Be on the lookout, an invitation is coming. Very good, thanks, jonathan, i appreciate it. Thank, you rachel. Tensions are high in the United States and around the globe tonight, with crises unfolding on a number of different fronts. From the ongoing Hostage Situation in the israelhamas war, to the humanitarian crisis that is unfolding in gaza, to the war in ukraine, to putins Cozying Up To china. To the republicanled house approaching its 21st day without a leader. There are threats to peace and stability everywhere, and yet it is wor ....