Lloyds Bank hit by £550 million PPI charge, pretax profits fall
Britain’s biggest mortgage lender Lloyds Banking Group posted weaker-than-expected pretax profits on Wednesday, as a further 550 million pound ($668.9 million) provision to meet claims...
Airbus second-quarter profit rise beats forecasts, delivery challenges ahead
Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year...
Asian shares at six-week low on trade worry, pound under pressure
Asian shares fell on Wednesday to a six-week trough, rattled by fresh trade war concerns following threats from President Donald Trump to Beijing, while increasing...
Credit Suisse confirms 2019 target after second-quarter net profit jumps 45%
Credit Suisse on Wednesday posted its highest quarterly earnings in four years, confirming its 2019 profitability target after second-quarter earnings jumped 45%....
Roche, Spark extend $4.3 billion takeover again, this time to September 3
Roche and Spark Therapeutics announced another extension of the Swiss drugmaker’s $4.3 billion takeover offer for the U.S. gene therapy specialist as regulatory reviews in...
With Fed sure to cut rates, Powell on hook to flag next steps
The U.S. Federal Reserve is almost certain to cut interest rates for the first time in more than a decade on Wednesday, delivering a mild...
Airbus second-quarter profits rise and beat analyst forecasts
Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year...
Oil gains a fifth day after U.S. stockpile drop amid rate optimism
Oil prices rose for a fifth day on Wednesday, buoyed by a bigger-than-expected drop in U.S. inventories and as investors awaited a widely expected cut...
Asian shares slip to six-week low, pound pressured by hard Brexit fears
Asian shares fell on Wednesday to a six-week trough, rattled by fresh trade war concerns following threats from President Donald Trump to Beijing, while increasing...
FAA hopes global regulators simultaneously approve Boeing 737 MAX to fly again
The U.S. Federal Aviation Administration hopes civil aviation authorities around the world will decide at about the same time to allow the Boeing 737 MAX...