Gap’s Better-Than-Expected Results Signal Cost Cuts Paying Off
Gap Inc. reported better-than-expected results in the first quarter, showing the retailer’s cost-cutting measures are sparking improved performance.
2023-05-26 17:18
Marvell Rallies After Chipmaker Promises Big Gains From AI
Marvell Technology Inc. surged 16% during premarket trading in New York on Friday after the chipmaker said it
2023-05-26 17:15
Citi Strategists Lift US Stocks on AI Appeal, Resilient Growth
Citigroup Inc. strategists raised US stocks to neutral and tech shares to overweight on the expected boost from
2023-05-26 16:57
FCA Speaks to Banks Following Concerns About Sustainable Loans
The UK Financial Conduct Authority is examining the market for sustainable loans amid concerns that environmental targets are
2023-05-26 16:47
British Airways Cancels Flights for Second Day After IT Outage
British Airways was forced to cancel more of its short-haul flights from Heathrow on Friday following a computer
2023-05-26 16:28
Swiss Minister Calls Credit Suisse Managers ‘Arsonists’
Switzerland’s Finance Minister Karin Keller-Sutter denied government responsibility for the near-collapse of Credit Suisse Group AG in March,
2023-05-26 16:26
UK’s Sunak Planning to Deport 3,000 Asylum Seekers Per Month
The UK government is planning to deport thousands of asylum seekers per month from next year, a person
2023-05-26 16:23
Turkey’s Runoff Election Has Investors Bracing for More Pain
Financial markets are signaling that more pain is to come in Turkey’s financial markets, as long-time leader President
2023-05-26 16:16
Market Optimism Over Debt Deal May Pave Way for Monday Selloff
Markets are largely in the green Friday but strategists warn there’s still a prospect US debt-ceiling negotiations break
2023-05-26 15:56
Morgan Stanley Asia Job Cuts Include Key China Bankers, Six MDs
Morgan Stanley is letting go of at least six managing directors, including some key China bankers, as part
2023-05-26 15:25
UK’s Hunt Comfortable With Recession to Bring Down Inflation
UK Chancellor of the Exchequer Jeremy Hunt says he’s in favor of higher interest rates to tackle inflation,
2023-05-26 15:25
EV Battery Leader CATL Joins BYD, Tesla to Tap Solar’s Boom
Contemporary Amperex Technology Co. Ltd., the world’s biggest electric vehicle battery producer, is joining Tesla Inc. and BYD
2023-05-26 15:22