Gulliver

HSBC First-Quarter Pre-Tax Profit Falls 19%

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HSBC said on Thursday that pre-tax profit fell 19 percent to US$4.96 billion in the first three months of the year. The bank said the drop in reported profit was down to a change in the accounting of the fair value of its debt, while the results from a year ago included proceeds from its … Read more

New York $40mn Attraction Puts World In Miniature

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In troubling political times, New York’s latest tourist attraction offers visitors international escapism — a $40 million installation of 50 nations in miniature: a kind of Gulliver’s Travels for the 21st century. Four years in the making and now open for previews just off Times Square, Gulliver’s Gate hopes to draw a million visitors a … Read more