Bank of America profit falls on $2 billion impairment charge
Bank of America Corp , the second-largest U.S. bank by assets, reported a 21% fall in quarterly profit on Wednesday, hurt mainly by a $2...
Ride-hailing companies Uber, Lyft won’t testify before Congress: report
Uber Technologies Inc and Lyft Inc have declined to appear at a U.S. House of Representatives hearing on Wednesday on issues relating to the ride-hailing...
Huawei’s third-quarter revenue jumps 27% as smartphone sales surge
Huawei Technologies Co Ltd’s third-quarter revenue jumped 27%, driven by a surge in shipments of smartphones launched before a trade blacklisting by the United States...
BNY Mellon profit falls 7% on lower fees
Bank of New York Mellon Corp reported a 7% fall in quarterly profit on Wednesday, as the world’s largest custodian bank earned lower fees and...
Your Money: Charitable granting soars even as tax changes transform giving
Despite tax reforms that changed an important incentive for giving to charities last year, Americans are still giving away record amounts – just from funds...
M&S CFO Humphrey Singer to step down at the end of the year
Marks & Spencer said on Wednesday its chief financial officer, Humphrey Singer, whose departure was announced last month, will step down on Dec. 31....
Trading in second Woodford fund suspended: administrator
A second Woodford fund was suspended from trading on Wednesday after embattled investor Neil Woodford resigned as its manager....
Swiss says Airbus A220 flights resuming as engines pass inspection
Airline Swiss expects to resume mostly normal service with its fleet of Airbus A220 jets on Thursday after temporarily grounding the jets for safety checks...
CEO of Germany’s Ceconomy on way out: sources
The chief executive of struggling German consumer electronics chain Ceconomy is set to be removed after only a few months in the job due to...
Lidl to spend $19 billion over five years with British suppliers
German-owned discount supermarket Lidl GB has vowed to spend 15 billion pounds ($19 billion) with British suppliers over the next five years, committing to increase...