PacWest Deposits Dropped 9.5% After Report of Investor Talks
PacWest Bancorp said deposits fell 9.5% last week after a news report that the lender was in talks
2023-05-11 19:46
Bank of England hikes interest rates for 12th time in battle with inflation
The Bank of England raised interest rates by a quarter of a percentage point Thursday, hiking for the twelfth consecutive time as it battles inflation above 10%.
2023-05-11 19:26
Abcam Founder Pushes for Better Performance at Biotech
Abcam Plc founder Jonathan Milner is pushing for better performance at the biotechnology supplier he started 25 years
2023-05-11 19:24
BlackRock Overhauls Leadership of Credit, Private Asset Business
BlackRock Inc. is shaking up its alternatives business, with roughly $300 billion of assets, as the firm seeks
2023-05-11 19:19
European Gas Prices Fluctuate Amid Worries About Abnormal Heat
European natural gas prices fluctuated after closing at the lowest level in almost 22 months, with some weather
2023-05-11 18:52
Robinhood Under Investigation Over Communications Compliance
Robinhood Markets Inc. said regulators are investigating the firm’s compliance with recordkeeping requirements, including employees’ use of “off-channel
2023-05-11 18:17
Saudi Aramco to Postpone Mega IPO of Energy Trading Unit
Saudi Aramco is pushing back a planned Riyadh initial public offering of its energy-trading business, a deal that
2023-05-11 17:57
How Europe is at the forefront of building artificial intelligence guardrails
Authorities around the world are racing to draw up rules for artificial intelligence, including in the European Union, where draft legislation faced a pivotal moment
2023-05-11 17:56
Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights
Long-haul carrier Emirates says it saw its most-profitable year ever in 2022, earning $2.9 billion after bouncing back from the coronavirus pandemic shutting down global aviation
2023-05-11 17:49
Nissan reports surging profit amid strong sales, easing chip crunch
Japanese automaker Nissan is reporting a seven-fold surge in January-March profit and forecasting strong sales for this fiscal year riding on the popularity of its new model offerings
2023-05-11 17:24
One dead in shooting at Mercedes-Benz plant in Germany
One person has been killed and another seriously injured in a shooting at a Mercedes-Benz plant in Sindelfingen, southern Germany, according to police.
2023-05-11 16:59
Nissan Profit Outlook Tops Projections as Cost Cuts Bear Fruit
Nissan Motor Co. forecast operating profit for the current fiscal year that exceeded analyst projections, as the Japanese
2023-05-11 16:52