By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP’s profit more than tripled to $2.6 billion in the first […]
UBS, Nomura push global banks’ Archegos losses over $10 billion
By Brenna Hughes Neghaiwi ZURICH (Reuters) -UBS reported an unexpected $774 million loss on Tuesday from the collapse of U.S. […]
Nomura puts Archegos hit at $2.9 billion, affirms commitment to U.S. business
By Makiko Yamazaki and Takashi Umekawa TOKYO (Reuters) -Nomura Holdings Inc said it would incur $2.9 billion worth of pain […]
Analysis: Bolsonaro’s interventionism could be mixed blessing for state insurance IPO
By Carolina Mandl SAO PAULO (Reuters) – The first IPO by a Brazilian state-controlled company under President Jair Bolsonaro’s government […]
Gucci, Facebook file joint lawsuit against alleged counterfeiter
MILAN (Reuters) – Gucci and Facebook have filed a joint lawsuit in California against an individual who allegedly used the […]
The Nio normal: Chinese electric carmaker seeks to plug buyers into lifestyle app
By Yilei Sun and Tony Munroe SHANGHAI (Reuters) – In Shanghai, aerospace executive Lu Hao didn’t just buy a sleek […]
Investor questions for the Fed: what about inflation, bond buying and rates?
By Saqib Iqbal Ahmed and Kate Duguid NEW YORK (Reuters) – Investors will be scrutinizing the Federal Reserve’s comments at […]