Tag: profits

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HSBC Exceeds Profit Expectations and Initiates $3bn Share Buyback

HSBC, the multinational banking and financial services company, has reported profits that exceeded expectations and announced a $3 billion share buyback initiative. The bank's strong performance has been attributed to cost-cutting measures and a...
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Challenges Impacting PwC Profits in Asia: China and Australia Scandals

PwC, one of the leading accounting firms in Asia, is facing challenges that are impacting its profits in the region. Two major scandals in China and Australia have raised concerns about the company's reputation...

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Buffett Reassures Shareholders on Record Cash Holdings

Renowned investor Warren Buffett recently addressed shareholders regarding Berkshire Hathaway’s record cash holdings, seeking to reassure investors amidst concerns about the company's financial strategy....

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