Anglo Takes Additional $1.6B Fertiliser Writedown on Fertilizer Project, Eyes 2025 for Coal Deal
LONDON – Anglo American took a further $1.6 billion writedown on its British fertilizer project on Thursday but said it […]
Mark Glenn
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Lloyds (NYSE: LYG) Reports 14% Decline in Profit as Economy Slows and Costs Climb
LONDON – Lloyds Banking Group (NYSE: LYG) reported a 14% fall in first-half pretax profit to 3.3 billion pounds ($4.25 […]
Lloyds (NYSE: LYG) Reports 14% Decline in Profit as Economy Slows and Costs Climb Read More »
Former Barclays CEO Ordered to Testify in Appeal Over Qatar Fundraising Fine
LONDON – A London tribunal has ordered former Barclays (NYSE: BCS) CEO John Varley to give evidence in the British […]
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GE Vernova (NYSE: GEV) Blames Manufacturing Issue for Vineyard Wind Turbine Blade Incident
Power services firm GE Vernova (NYSE: GEV) said on Wednesday a manufacturing issue led to a turbine blade failure at […]
Equinor (NYSE: EQNR) Q2 Profit Falls Amid Falling Gas Prices, Yet Beat Estimates
OSLO – Equinor’s (NYSE: EQNR) second-quarter profits declined by 4% year on year as natural gas prices fell, the energy […]
Equinor (NYSE: EQNR) Q2 Profit Falls Amid Falling Gas Prices, Yet Beat Estimates Read More »
Spain’s Antitrust Watchdog Launches Probe into Apple’s App Store
MADRID – On Wednesday, Spain’s antitrust regulator said it had opened an investigation into possible anti-competitive behavior by Apple’s app […]
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Orange (NYSE: ORAN) Reports Higher Q2 Core Earnings Amidst Intense Pricing Competition
French telecom operator Orange (NYSE: ORAN) reported higher second-quarter core earnings on Wednesday helped by growth in Africa and the […]
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Packaging Corp (NYSE: PKG) Forecasts Upbeat Q3 Profit Amid Strong Demand and Higher Pricing
Packaging Corporation of America (NYSE: PKG) forecast third-quarter profit above market estimates, aided by higher pricing and strong demand for […]
Apple (NASDAQ: AAPL) Likely to Introduce Foldable iPhone as Early as 2026, the Information Reports
Apple (NASDAQ: AAPL) is likely to introduce its foldable iPhone as early as 2026, the Information reported on Tuesday, which […]
UBS Group (NYSE: UBS) To Sell Former Credit Suisse Unit to Its Management
ZURICH – UBS Group (NYSE: UBS) has agreed to sell a former insurance-linked investment arm of Credit Suisse to the […]
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Pentair (NYSE: PNR) Beat Q2 Profit Estimates on Strong Pool Sales
UK-based water technology company Pentair (NYSE: PNR) beat analysts’ estimates for second-quarter profit on Tuesday, helped by higher sales in […]
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Futures Dip as Investors Await Big Tech Earnings Reports
U.S. stock index futures slipped on Tuesday ahead of results from some Big Tech companies expected later in the day […]
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Brown & Brown (NYSE: BRO) Sees 35% Profit Growth in Q2 Thanks to Higher Commissions, Fees
Insurance brokerage Brown & Brown’s (NYSE: BRO) second-quarter profit increased about 35% on Monday as the company earned higher commissions […]
Analysis: Cracks in US Stock Market Calm Boost Allure of Portfolio Protection
Investors are eyeing portfolio protection from a potentially rough stretch in U.S. stocks as they face political uncertainty, big tech […]
Analysis: Cracks in US Stock Market Calm Boost Allure of Portfolio Protection Read More »
Golden Pass LNG Construction Could Pick Up Speed Post-Settlement Agreement
HOUSTON – Work to complete the QatarEnergy and Exxon Mobil (NYSE: XOM) $11 billion liquefied natural gas project in Texas […]
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Summer Travel Boom Can’t Save Airline Earnings from Slump
CHICAGO/LONDON – Record summer travel demand was tipped to translate into bumper earnings for airlines – but quarterly reports are […]
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Tesla (NASDAQ: TSLA) Set to Report Lowest Margins in Over Five Years, Robotaxi, AI Ventures in Focus
Tesla’s (NASDAQ: TSLA) second-quarter margin hit a more than five-year low, the electric vehicle maker is likely to report on […]
US Stock Futures on the Rise as Biden Drops Out of 2024 Presidential Race
US stock index futures climbed on Monday as investors assessed the chances of a win by candidate Donald Trump in […]
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Ryanair (NASDAQ: RYAAY) Reports 50% Profit Drop Amid Falling Ticket Prices, Stock Plunges
DUBLIN – Ryanair’s (NASDAQ: RYAAY) profits slumped by almost half in the three months to the end of June as […]
Boeing (NYSE: BA) Secures E-7 Supply Contract, First Major Win Post-Plea Deal
RAF FAIRFORD, England – The United States Air Force said it had reached a deal with Boeing (NYSE: BA) for […]
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NY State Regulators Issues High-Alert Notice To Banks, Companies Amid Global Tech Outage
WASHINGTON – New York state regulators urged banks and companies to be on high alert amid the global tech outage […]
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CrowdStrike (NASDAQ: CRWD) CEO Apologizes for Global Tech Outage, Promises Recovery
WASHINGTON – CrowdStrike (NASDAQ: CRWD) CEO George Kurtz apologized for a global tech failure that disrupted multiple industries on Friday, […]
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Meta (NASDAQ: META) CEO Zuckerberg Chooses Not to Support Trump or Biden in 2024 Election: Bloomberg
Meta Platforms (NASDAQ: META) CEO Mark Zuckerberg has declined to endorse either Donald Trump or Joe Biden and said he […]
Morning Bid: Volatility Resurfaces, Tech Outage Rankles
A look at the day ahead in US and global markets. Volatility is resurfacing as a turbulent week for world […]
Morning Bid: Volatility Resurfaces, Tech Outage Rankles Read More »