offset

However, this should be partly offset by HSBC’s controlled loan growth, a reduction in high-risk commercial property exposure, and steady internal capital generation, they say.

However, Malaysia’s diversified export base, particularly strong trade ties with Asean, China, and other emerging markets, should help offset weaker U.S. demand, he added.

The company has a number of products it is counting on to offset the losses.

The growth in QNX helped offset a 10% revenue decline in BlackBerry’s other key business, Secure Communications, which provides encrypted systems to government and corporate customers.

Volkswagen Group’s VOW3 0.29%increase; green up pointing triangle vehicle deliveries rose slightly in the third quarter as hefty declines in China and North America were offset by gains across the automaker’s other global markets.