Analysis-Dwindling excess savings could scupper markets' soft-landing hopes
By Naomi Rovnick and Dhara Ranasinghe LONDON Markets have high hopes for a soft landing for the economy,
2023-07-31 14:15
Goldman, Morgan Stanley See BOJ Tweak Boosting Japan Stocks
Strategists at Morgan Stanley and Goldman Sachs Group Inc. see the Bank of Japan’s tweak of yield-curve control
2023-07-31 13:46
Galatasaray Secures Star Striker Mauro Icardi for 3 More Years
Turkish football club Galatasaray confirmed the signing of striker Mauro Emanuel Icardi Rivero from French Ligue 1 champions
2023-07-30 21:50
ExxonMobil earnings fell on sinking oil prices
ExxonMobil's profit fell sharply in the second quarter on lower oil and natural gas prices, leaving earnings below Wall Street forecasts.
2023-07-28 18:56
Ford's EV losses climb but overall profits rise
Losses are going up on Ford's electric vehicle business, but profit from its traditional internal combustion engine vehicles allowed it to beat Wall Street expectations.
2023-07-28 07:21
Oreo maker increases growth forecast thanks to demand for cookies, sweets
The maker of Oreo and Cadbury Dairy Milk chocolate is thanking an increased demand for sweets in the first half of the year for its positive forecast, Mondelez International said in its second quarter earnings call Thursday.
2023-07-28 06:27
Grimace shakes help send McDonald's sales surging
When McDonald's introduced a limited-edition purple shake in honor of Grimace's birthday, it probably didn't expect the item to go viral on TikTok quite like it did: With TikTokers showing themselves sipping the dessert drink and then, soon after, writhing in mock pain or playing dead.
2023-07-27 20:29
Meta stock climbs after company posts 11% revenue growth
Meta's "year of efficiency" seems to be paying off. The Facebook-parent company on Wednesday reported revenue of $32 billion for its quarter ending in June, marking an 11% increase compared to the same period last year and beating Wall Street expectations.
2023-07-27 07:55
GSK Raises Outlook, Looks to New Medicines to Fuel Growth
GSK Plc raised its guidance for the year after a strong start to 2023 as it prepares to
2023-07-26 15:18
GM earnings soar
General Motors reported its second-quarter earnings surged 59%, and the company raised its full-year profit outlook.
2023-07-25 18:46
Paragon Flags Disruption in Buy-to-Let Market: The London Rush
A recent surge in mortgage rates has led to fewer applications for buy-to-let products, Paragon said in a
2023-07-25 15:15
S&P lowers Bangladesh's outlook to negative from stable
S&P Global Ratings on Tuesday lowered Bangladesh's outlook to negative from stable, citing risks its external liquidity position
2023-07-25 12:47