Cost savings drive Philips' profit beat, flags insurance payout
Philips reported second-quarter results that exceeded analysts' expectations on Monday thanks to cost savings, partly from job cuts,
July 29, 2024Philips reported second-quarter results that exceeded analysts' expectations on Monday thanks to cost savings, partly from job cuts,
July 29, 2024Ethiopia's central bank floated the birr currency on Monday, a move it hopes will secure International Monetary Fund (IMF) support and enable progress on a
July 29, 2024Asian shares are mostly declining in cautious trading ahead of central bank meetings around the world
July 29, 2024Shares in Mitsubishi Motors surged on Monday following media reports that the Japanese automaker is in talks to join Nissan's and Honda's planned strategic partnership.
July 29, 2024Shares of China Evergrande New Energy Vehicle fell 7% in Monday morning trade after individual creditors of two of its units sought court approval for the units to go through
July 29, 2024The dollar held steady on Monday as traders braced for an avalanche of market events featuring midweek policy
July 29, 2024Global stocks advanced and longer-dated U.S. yields slipped on Monday, at the start of a week jammed with earnings and a trio of central
July 28, 2024South Korea will provide $400 million in financial support to small businesses hit by payment delays on two Qoo10 e-commerce platforms and the Singapore-
July 28, 2024Australia's banking regulator on Monday said it would retain its strict home loan lending rules amid concern that the level of overall risk to the financial system remained elevated
July 28, 2024The Bank of Japan is setting the stage for an era of steady interest rate hikes by claiming victory in its long battle with deflation, sources and analysts say, in a
July 28, 2024A look at the day ahead in Asian markets.
July 28, 2024SoftBank-backed Indian e-scooter maker Ola Electric's IPO is set to draw investor bids from Fidelity, Nomura and Norway's Norges Bank, as well as several Indian
July 28, 2024U.S. home insurers suffered their worst underwriting loss this century in 2023, as a toxic mix of natural disasters, inflation and population growth in at-risk areas put a vital financial
July 28, 2024The price of bitcoin eased on Saturday as U.S.
July 27, 2024Smart moves to make when the Fed starts cutting rates
July 27, 2024Trump, who once trashed bitcoin as ‘based on thin air,’ addresses crypto’s largest convention
July 27, 2024U.S. Treasury Secretary Janet Yellen said Japan had explained its intervention into the currency market in 2022, the Nikkei Business daily reported on Saturday.
July 26, 2024U.S.
July 26, 2024The first-ever joint declaration by G20 finance leaders vowing to cooperate on effectively taxing the world's largest fortunes on Friday
July 26, 2024A hedge fund study that said the U.S.
July 26, 2024Six banks including Bank of America and Citigroup agreed to pay $80 million to settle antitrust litigation in New York accusing them of conspiring to rig
July 26, 2024As former President Donald Trump faces a supercharged Democratic fundraising effort, a persistent drag on his campaign’s coffers may be easing: legal expenses
July 27, 2024Former Starbucks chief executive, Howard Schultz, is opposing a potential settlement between the coffee chain and activist investor Elliott Investment Management, the Financial Times
July 26, 2024Nasdaq said on Friday that private equity firm Thoma Bravo will sell 41.6 million shares in the transatlantic exchange operator through a secondary public offering.
July 26, 2024The New York Stock Exchange said on Friday that the debut of billionaire investor Bill Ackman's new U.S. fund, Pershing Square USA, has been delayed, without
July 26, 2024