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HSBC profits up 28% at $5.9 bn in third quarter

Banking giant HSBC said on Monday that pre-tax profit rose 28 percent to $5.92 billion in the third quarter, boosted by "strong revenue growth" in its main global businesses. Adjusted pre-tax profit rose 16 percent year-on-year to $6.2 billion, reflecting revenue growth that was partly...

Syria seeks to revive trade via Jordan

By reopening a key crossing with Jordan this month, the Syrian regime is inching toward a return to trade with the wider region as it looks to boost its war-ravaged economy. The government of President Bashar Assad took back control of the Nassib border post in July from rebels as part of a...