Goldman profit misses estimates on weak underwriting, M&A
Goldman Sachs Group Inc missed Wall Street estimates for quarterly profit on Tuesday, hit by lower fees from advising on deals and weakness in underwriting....
Whitney Houston, Notorious B.I.G. among nominees for Rock Hall of Fame
Late pop superstar Whitney Houston, rock group Dave Matthews Band and murdered hip-hop artist The Notorious B.I.G. landed among first-time nominees announced on Tuesday for...
Wells Fargo quarterly profit slumps 26% on legal costs
Wells Fargo & Co reported a 26% fall in quarterly profit on Tuesday, as the lender braced for additional legal expenses tied to a sales...
Oil prices slide on China data, trade war jitters
Oil prices fell further on Tuesday, after heavy losses in the previous session following two days of weak Chinese data and as investors continued to...
India’s Flipkart adds original content to video service
Walmart Inc’s Indian unit Flipkart is adding original shows to its newly minted video platform, the company said on Tuesday, as it competes with rival...
Indonesian capital still sinking, despite groundwater improvements
Indonesia’s capital Jakarta is still sinking by 12 centimetres (4.7 inches) per year in northern parts of the city, despite an improvement in groundwater levels...
France holds firm against EU talks with Balkan hopefuls
France stuck to its hard line against European Union membership talks for North Macedonia and Albania on Tuesday, setting up a showdown between French President...
Bulgarian soccer chief turns down PM’s call to resign
Bulgarian Football Union’s (BFU) president Borislav Mihaylov has turned down the prime minister’s call to resign following racist abuse and monkey chants from Bulgaria fans...
Futures rise as third-quarter earnings start on strong note
U.S. stock index futures rose on Tuesday, as the third-quarter earnings season got off to an upbeat start with robust reports from JPMorgan Chase, UnitedHealth...
Former Thomas Cook boss defends record after firm’s collapse
The former chief executive of bankrupt travel firm Thomas Cook said on Tuesday he understood public anger over his pay but defended his record, saying...