Global Business Report: More Antitrust Issues for Google

The transcript covers several business news topics. News Corp has filed a legal complaint against Google's news services, while regulators are investigating Google's Android OS. HSBC CEO Stuart Gulliver plans to step down in two years, prompting the bank to search for his successor. The banking industry faces challenges, but PIMCO's adviser believes the outlook is stable. Meanwhile, Toyota's profits are expected to drop due to production halts caused by earthquakes in Japan.

What challenges are global banks currently facing according to the text?

Evaluate responses using AI:

OFF

What does the PIMCO global strategic adviser say about the outlook for big banks?

Evaluate responses using AI:

OFF