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...Microsoft’s cloud revenues also rose 20 per cent to $25.9bn in the final quarter of 2023, while Alphabet’s Google Cloud services business reported revenue of $9.2bn, a 26 per cent rise from the same period...
...Need to know: UK and Europe economy UK house prices rose more than expected in February, posting their first annual increase in more than a year, according to mortgage lender Nationwide....
...Today’s top stories Zelenskyy’s “rose-tinted” speeches have undermined confidence among Ukrainians and the nation’s western partners, say former and current advisers....
...The bank’s total bonus pool rose 12 per cent to $3.8bn....
...The company’s revenues rose 7 per cent to £9.6bn last year, while pre-tax profits dropped 15 per cent to £244mn as it made a lower profit on investment disposals and faced higher costs owing to inflation...
...The value of retail sales rose by an annual rate of 2.7 per cent in November, well below the 12-month average of 4.1 per cent....
...Shares of HSBC in Hong Kong gained 1 per cent while the broader Hang Seng index rose 3 per cent on Wednesday....
...London’s FTSE 100 rose 0.3 per cent, led by energy and basic material groups including BP, Shell and Glencore....
...The shares rose 0.7 per cent....
...It comes after German wages rose at a record annual pace of 6.6 per cent in the second quarter, boosting consumer spending power....
...Read more about how revenues at the Middle East business rose here. 2. Crypto has ‘amplified financial risks’ in emerging markets, according to central banks....
...But not for Noel Quinn. Total pay for the HSBC chief executive nearly doubled to £10.6mn ($13.4mn) in 2023....
...NatWest chief executive Alison Rose quits after admitting to the inaccurate briefing of a BBC journalist about the closure of Nigel Farage’s bank account....
...Shares in Meta rose after it reported its first double-digit revenue growth since 2021 as its AI bet began to pay off....
...Between 1990 and 2015, the average rose to 38. In 2020, it was 210, and 257 in 2022....
...According to data published today by the ONS, the quantity of goods bought in Britain rose 0.5 per cent between March and April....
...Asked about her departure, Quinn said Rose had “contributed very strongly” to industry-wide conversations and the Farage fiasco had been a “very challenging time for her personally”....
...JPMorgan Chase’s net income rose 52 per cent year-on-year in the first quarter, gaining $37bn in deposits following SVB’s collapse....
...Its index of consumer confidence rose by 6 points to -30 in April. This seems to reflect a cautious optimism more widely....
...Leah Quinn (Chuckles) Yup, guilty. But it’s not just energy bills that’s been increasing. In April, water bills rose too, and council tax bills have gone up by 5 per cent for many people....
...We spoke to Noel Quinn, the chief executive of HSBC. He said that he’s still confident in the future of economic growth in China....
...The stock rose 5 per cent in London after the filing on Tuesday....
...There was a sportswear element in looks such as a cropped parka with 3D fabric roses....
...There were signs of stabilisation in the UK property market as mortgage approvals rose more than expected in October to a three-month high....
...Additional contributions from Tee Zhuo, Benjamin Wilhelm and Leah Quinn...
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