JPMorgan raises clean energy spending goals, profit targets unchanged
JPMorgan Chase & Co on Tuesday largely maintained its key profit goals for the medium term, while the largest U.S. bank also raised its financial...
Oil falls for third day as virus concern outweigh supply cuts
Oil fell towards $56 a barrel on Tuesday, declining for a third session, as concerns about the spread of the coronavirus and its impact on...
Global stocks sink further as virus fears weigh
Global stocks sank to their lowest levels in over two months on Tuesday, as relief from a sharp selloff the previous day on fears about...
For Wells Fargo and former executives, $3 billion-deal with U.S. may not be the end
Although Wells Fargo & Co settled major probes with federal agencies over abusive sales practices last week, the bank and its former executives are not...
Thomson Reuters names new CEO, earnings top estimates
Thomson Reuters Corp said on Tuesday it had appointed former Nielsen Holdings Plc president Steve Hasker as its new chief executive officer, succeeding Jim Smith....
IEA says virus-hit oil growth outlook lowest in a decade, could go lower
The International Energy Agency’s (IEA) outlook on global oil demand growth has fallen to its lowest level in a decade, IEA Executive Director Fatih Birol...
Mastercard CEO Ajay Banga to step down, insider Miebach tapped
Mastercard said on Tuesday Chief Executive Officer Ajay Banga will step down at the start of the next year and will be replaced by Chief...
Chinese consumers snap up yoga mats, video games, condoms as coronavirus keeps them at home
As the coronavirus epidemic keeps hundreds of millions of Chinese stuck at home, they’re shopping online to stave off boredom with games for Nintendo’s Switch...
EU extends EssilorLuxottica, GrandVision antitrust investigation to July 6
EU antitrust regulators on Tuesday extended their investigation into Ray-Ban maker EssilorLuxottica’s 7.2 billion-euro ($7.8 billion) bid for Dutch opticians group GrandVision by two weeks...
Global stocks pause after coronavirus shakeout
Global stock markets stabilised on Tuesday after a wave of early selling petered out and Wall Street futures managed a solid bounce after the previous...