Oil futures traded flat to slightly lower, struggling to hold on to gains seen after industry data showed a large drop in U.S. crude inventories ahead of official figures due Wednesday morning.
Adidas shares climbed on Wednesday after the sportswear maker lifted guidance, a reprieve in the world of retail, where a steady stream of downbeat news has been dogging the sector lately.
The Lebanese born banker, who first joined HSBC in 2005, had been seen as the natural successor to Quinn who announced he would be stepping down in April