BNY Mellon beats profit estimates on boost from higher interest rates
(Reuters) – Bank of New York Mellon (NYSE:BK) Corp beat Wall Street estimates for third-quarter profit on Tuesday, as rate…
BofA profit rises on higher interest income, surprise investment banking gain
(Reuters) – Bank of America’s profit rose in the third quarter as it joined rivals in earning more from interest…
India stocks higher at close of trade; Nifty 50 up 0.40%
India stocks were higher after the close on Tuesday, as gains in the Power, Public Sector Undertakings and Oil &…
Johnson & Johnson gains on another beat and raise quarter
Johnson & Johnson (NYSE:JNJ) beat on the top and bottom line in the third quarter and raised its guidance for…
Virgin Australia’s executive leading IPO plans resigns
(Reuters) – Bain Capital-owned Virgin Australia’s Chief Development Officer David Marr, who was assigned to lead the airline’s plans for…
KKR offered to take on extra costs, staff to sweeten TIM bid-sources
(Reuters) – U.S. fund KKR has strived to structure its offer for the fixed line of Telecom Italia (BIT:TLIT) (TIM)…
Australia ‘hopeful’ on China wine breakthrough as deadline nears
(Reuters) – Australian Prime Minister Anthony Albanese said on Tuesday he remained “very hopeful of a breakthrough” in a trade…
Goldman Sachs lifts Europe Inc’s 2023 profit growth forecast to 3%
(Reuters) – Goldman Sachs said on Tuesday it expects earnings for companies in the pan-European STOXX 600 index to grow…
Dollar nudges higher as investors eye Powell speech, yen on intervention watch
(Reuters) – The U.S. dollar swayed in a tight range on Tuesday as traders took stock of developments in the…
Kenyan shilling hits record low against US dollar, impacting markets
On Tuesday, the Kenyan shilling fell to a historic low against the US dollar, with the Central Bank of Kenya…