Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook
Johnson & Johnson hiked its full-year operational sales forecast as strong demand for its cancer drugs Darzalex and Imbruvica helped it beat estimates for second-quarter...
Burgeoning family offices manage $5.9 trillion: Campden
The number of family offices — companies that manage portfolios for individual families — has risen by 38% over the past two years worldwide, advisory...
Johnson & Johnson quarterly profit jumps 41.8%
Johnson & Johnson reported a 41.8% rise in second-quarter profit on Tuesday, helped by its pharmaceuticals business....
JPMorgan profit rises 16% on tax gain
JPMorgan Chase & Co reported a 16% rise in quarterly profit as higher net interest income and a tax gain more than made up for...
Oil firms as U.S. supply concerns ease but Iran tension lingers
Oil prices rose on Tuesday as a resumption of output in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply due...
Ryanair CEO says confident in ‘great’ Boeing 737 MAX despite delays
Ryanair remains confident in the Boeing 737 MAX and believes the plane will be “warmly welcomed” by customers, Chief Executive Michael O’Leary said on Tuesday...
Tech executives head to Capitol Hill for antitrust hearing
Executives from tech giants Apple Inc , Amazon.com Inc , Facebook Inc and Alphabet’s Google go before the House Judiciary Committee’s antitrust panel Tuesday to...
Demand for new designer’s ranges lift Burberry sales and shares
Strong demand for designer Riccardo Tisci’s new fashion ranges helped revenue at British label Burberry grow faster than expected in the first quarter, sending its...
Bleak German mood weighs on Europe, Brexit pummels pound
Darkening German investor morale and fresh Brexit woes cast a shadow over European markets on Tuesday, with German benchmark bond yields coming under pressure and...
Samsung, SK Hynix ask Korean firm to boost chemicals supply amid Japanese curbs
South Korea’s Samsung Electronics and SK Hynix have asked a local supplier to the boost supply of a key chipmaking chemical to guard against any...