HONG KONG/LONDON HSBC's (HSBA.L) full-year profit slumped 62 percent and fell far short of forecasts on Tuesday as the bank took hefty writedowns from restructuring and flagged near-term brakes on revenue growth.
An extra �2bn of capital gains tax and self-assessment tax receipts in January helped boost public coffers. Photograph: Rui Vieira/PA.
Yahoo agreed to take a $350m cut on the original $4.8bn sale of its core business to Verizon, becoming one of the first major US companies to revise deal terms due to a cyber attack.
Warren Buffett and his Brazilian private equity chums at 3G, the main players at Kraft Heinz, must process their cheese and beans on another planet.
If Vernalis (VER) investors will keep fixating on cough and cold medicine Tuzistra, they're bound to be repeatedly disappointed.