Business
HSBC is bullish on 2025 despite hit from Madoff provision
HSBC Holdings raised its profitability outlook for 2025 even as earnings slid following an unexpected US$1.1 billion provision tied to…
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Provision
Business
HSBC to book US$1.1 billion provision after Luxembourg court ruling in Madoff case
HSBC Holdings said on Monday it will recognise a provision of US$1.1 billion in its third-quarter results after a Luxembourg court ruling…
Business
Didi posts Q2 loss of US$350 million on lawsuit provision
Revenue rose 10.9%, partly fuelled by growth in overseas business. Chinese ride-hailing giant Didi Global reported on Thursday (Aug 28) a…
Business
Swiggy gets shareholder nod to use provision to upsize IPO fresh issue
2 min read Last Updated : Oct 03 2024 | 9:16 PM IST SoftBank-backed Indian food delivery company Swiggy received shareholders' approval to…