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…
Amazon to launch online shopping service in South Africa in 2024
(Reuters) – U.S. ecommerce firm Amazon (NASDAQ:AMZN) said on Tuesday it would launch its online shopping service in South Africa…
JPMorgan maintains a defensive stance amid rising geopolitical tensions
Analysts at JPMorgan suggest that investors should prioritize safety in light of increased geopolitical tensions fueled by conflicts in the…
Toyota extends partial production halt at two Japan plants to Wednesday
(Reuters) – Toyota Motor, the world’s biggest automaker by sales, will extend until Wednesday a partial production halt at two…