HSBC Results Beat, China Investors Watch Protest Data & Bezos Presidential Race Thoughts
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What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey.Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) HSBC reports third-quarter earnings on Tuesday with attention expected to focus on what the bank says about its latest restructuring. Last week, the lender unveiled a structural overhaul that will include merging its commercial and investment banking operations, and analysts will be focused on potential cost savings from the measures.(2) To figure out how far President Xi Jinping will go to revive his struggling economy, a growing number of money managers are taking cues from a once-jailed Chinese dissident now living in Canada.(3) Volkswagen plans to close at least three factories, eliminate thousands of jobs and slash wages for tens of thousands of German workers as Europe’s biggest automaker tries to halt its tailspin.(4) The European Central Bank has made significant progress in bringing down inflation but can’t declare victory just yet, according to Vice President Luis de Guindos.(5) Amazon founder Jeff Bezos, the owner of the Washington Post, said the newspaper’s decision to stop endorsing presidential candidates addresses a “credibility gap” afflicting the media industry.
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What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey.Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The US is approaching a final decision to lift some restrictions on Ukraine’s...
Published 11/18/24
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Published 11/16/24