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Posted by JCR Desert Safari Jaisalmer on September 23, 2024 at 9:30am 0 Comments 0 Likes
Posted by Simone Arnica on September 23, 2024 at 9:25am 0 Comments 0 Likes
For homeowners in Queens and Brooklyn, installing an energy-efficient heating system offers numerous advantages. From lowering energy bills and improving home comfort to reducing environmental impact and increasing property value, the benefits are clear.
With the coming of winter, homeowners in Queens and Brooklyn are gearing up to ensure that their homes are prepared to stay warm and comfortable throughout the colder months. One of the most effective…
ContinuePosted by Akash Ra on September 23, 2024 at 9:23am 0 Comments 0 Likes
Synthetic Biology Market size was valued at US$ 14.62 Bn. in 2023 and the total Synthetic Biology revenue is expected to grow by 25.4% from 2024 to 2030, reaching nearly US$ 71.30 Bn.
Synthetic Biology Market Report Scope and Research Methodology
The report is a thorough analysis of the Synthetic…
ContinuePosted by geekstation on September 23, 2024 at 9:20am 0 Comments 0 Likes
HSBC profits halved by coronavirus pandemic impact
HSBC has said its first quarter profit almost halved from a year ago as it feels the impact of the coronavirus pandemic.To get more news about NAVER, you can visit wikifx news official website.
Pre-tax profit for the period came in at $3.2bn (£2.6bn), down from $6.2bn for the same time in 2019.
The bank increased its expectations of bad loans to $3bn due to the fallout from Covid-19 and as oil prices slump.
Earlier this year HSBC said it would axe around 35,000 jobs as part of a major cost-cutting plan.
The London-headquartered bank warned that the negative effect of the pandemic on the global economy would mean an increase in the number of bad loans.
It also said that there would be sustained pressure on the bank's earnings as customer activity falls and lower central bank interest rates hit profitability.
The bank also highlighted “a significant charge related to a corporate exposure in Singapore”.
In February HSBC said it would scale back its headcount from 235,000 to about 200,000 over the next three years.
The move is part of the a restructuring programme as it targets $4.5bn of cost cuts by 2022.
Last week the bank said it was pushing ahead with those restructuring plans but had halted job cuts to avoid disruption and leaving staff unable to find work elsewhere due to the coronavirus outbreak.
Separately, in a note to employees earlier this month HSBC's chief executive Noel Quinn said he would donate a quarter of his base salary for the next six months to charity, which works out at £160,000. He will not take his annual cash bonus, which would have been up to £1.2m.
Chief financial officer Ewen Stevenson said he would do the same, donating £93,000 and forgoing £706,000, while chairman Mark Tucker will donate his entire 2020 fee to charity, about £1.5m.
It came as senior executives and board members at other major UK banks, including RBS and Lloyds, agreed to give up their bonuses for this year.
The announcements were in response to calls from the Bank of England to restrict bonuses.
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