Markets

HSBC 86% profit falls on Brazil disposal

HSBC’s third-quarter profits have fallen sharply after it booked a loss from the sale of its Brazilian unit. The bank’s reported pre-tax profit was $US843 million in the September quarter, down from $US6.1 billion in…



oil-set-om-course-for-sixth-day-of-decline

Oil set om course for sixth day of decline

Oil prices are on course for their sixth day of fall, dragged lower by a surge in U.S. crude inventories, timid demand and doubts over the ability of producers to coordinate output cuts. Brent crude…