Investors recoil as this year's 'everything rally' screeches to a halt
Investors are ditching some of this year's favourite trades as a retreat in the glitzy megacaps risks snowballing into a multi-pronged selloff that
July 25, 2024Investors are ditching some of this year's favourite trades as a retreat in the glitzy megacaps risks snowballing into a multi-pronged selloff that
July 25, 2024A Paramount Global investor has sued to block its merger with Skydance Media, saying the deal would cost its shareholders $1.65 billion, according to a lawsuit filed in Delaware's Chancery
July 25, 2024Sibanye Stillwater will release half-year financial results on Sept. 12, two weeks later than scheduled, after a cyberattack on its IT system caused limited disruption to its global
July 25, 2024Making leveraged bets on Nvidia is likely to get much riskier if Wall Street's tech-led selloff continues.
July 25, 2024The proposed $25 billion merger of Kroger and Albertsons has been halted until the Colorado District Court rules on a lawsuit filed to block the deal that is expected to push up grocery
July 25, 2024The Russian central bank's independence is set to be tested as it prepares to hike interest rates on Friday amid growing pressure from opponents - including
July 25, 2024Shares of Ford Motor Co. are tumbling Thursday after the automaker’s second-quarter adjusted profit badly missed Wall Street’s expectations as it spent more money fixing customers’ cars and trucks
July 25, 2024India will not sign a global corporate tax deal focused on highly profitable multinational firms unless its concerns on dispute resolution and the
July 25, 2024Zimbabwe's 2024 budget deficit is forecast to be 1.3% of gross domestic product, Finance Minister Mthuli Ncube said on Thursday, but warned that concerns remained
July 25, 2024Nasdaq's second-quarter profit topped Wall Street estimates on Thursday, driven by strong demand for its products that help traders navigate
July 25, 2024Russian lawmakers gave preliminary approval to proposed legislation on Thursday that would allow foreign banks to open branches in Russia, a step the finance ministry said it hoped
July 25, 2024Federal Reserve policymakers are seen leaving their short-term interest-rate target in the 5.25%-5.50% range next week and waiting until September to start a string of quarter-point
July 25, 2024After getting trounced by their larger rivals for years, some of the smallest stocks on Wall Street have shown much more life recently
July 25, 2024Bank of America’s corporate clients approved a record $500 billion in payments through its CashPro app by mid-year, up almost 40% versus the same period in 2023,
July 25, 2024Power company PG&E Corp beat second-quarter profit estimates on Thursday, helped by higher service rates.
July 25, 2024Pakistan's Finance Minister Muhammad Aurangzeb arrived in Beijing on Thursday for talks on power sector debt relief alongside structural reforms suggested by the
July 25, 2024A Coinbase business in Britain has been fined for breaching a regulatory agreement to improve its defences against financial crime, in the first sanction of its kind in
July 25, 2024The US economy is pulling off something historic
July 25, 2024Union Pacific delivered 7% growth in its second-quarter profit even though the number of shipments it hauled remained essentially flat because it was able to continue streamlining its operations
July 25, 2024Carrier Global surpassed analysts' estimates for second-quarter profit on Thursday, benefiting from price hikes, resilient demand for its heating, ventilating and air conditioning products
July 25, 2024U.S. railroad operator Union Pacific reported its second-quarter profit above Wall Street estimates on Thursday, as strong pricing and increased volumes more than offset reduced fuel
July 25, 2024Universal Music Group shed around $15 billion off its value on Thursday after the world's biggest music label reported lower-than-expected streaming and subscription revenue for the second
July 25, 2024AbbVie increased its profit forecast for 2024 on Thursday after reporting strong sales of immunology drugs and quarterly results that exceeded Wall Street
July 25, 2024Harley-Davidson's second-quarter profit beat Wall Street estimates, helped by strong demand for pricier Touring bikes during the summer riding season, sending the company's
July 25, 2024Refiner Valero Energy reported lower second-quarter profit on Thursday, but managed to beat earnings estimates as strong processing volumes offset a slump in margins.
July 25, 2024