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Greek PM prepares for confidence vote

Bloomberg Greek PM Alexis Tsipras is set to survive yet another challenge in the country’s parliament, where lawmakers will cast ballots this week in the fifth confidence vote since he came to power in 2015. Opposition leader Kyriakos Mitsotakis of the New Democracy party requested a censure motion against Alternate Health Minister Pavlos Polakis, after he launched an attack on ...

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Trump’s trade threats hurt US more than China

Trade wars are good, and easy to win. So President Donald Trump said last year as he embarked on his first round of tariffs on foreign imports. It seems that things have proven so good and easy that he’s readying for another bout. Trump is prepared to increase a 10 percent levy on $200 billion of imports from China to ...

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HSBC, sink your jaws into the flab

Too big, too bloated, and too unwieldy. HSBC Holdings Plc’s achievement in bringing costs under control in the first quarter shouldn’t be an excuse to stand still. The bank posted a higher-than-estimated pretax profit of $6.35 billion last week as revenue growth outpaced the increase in expenses, a phenomenon known in industry jargon as “positive jaws.” Revenue climbed 9 percent ...

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