Goldman Sachs profits plunge 58% as dealmaking dries up
Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank's business, dry up. The Wall Street titan also felt the pain of a nearly $1 billion reduction in the value of its consumer and real estate businesses.
2023-07-19 21:18
Cameco and Brookfield Complete Acquisition of Westinghouse Electric Company Creating a Powerful Platform for Strategic Growth
SASKATOON, Saskatchewan--(BUSINESS WIRE)--Nov 7, 2023--
2023-11-08 04:25
Boards Waffle Over Buyout Bids in $40 Billion Takeover Wave
A wave of dealmaking has come to Europe, and corporate boards aren’t sure what to do about it.
2023-11-24 18:54
Disney reports lower-than-expected revenue for its fiscal third quarter
The Walt Disney Company reported slightly lower than expected revenue for its fiscal third quarter on Wednesday.
2023-08-10 04:24
Privatized Britain’s Debt Load Is Now a Major Government Problem
For decades since they were privatized, the UK’s public service providers have favored inflation-linked bonds as a cheap
2023-07-09 13:17
US oilfield service providers expect rig count recovery later this year on high prices
By Arathy Somasekhar HOUSTON Oilfield service providers on Thursday signaled a recovery in rig count, an indicator of
2023-07-28 00:56
Boomi Continues Global Growth In Barcelona, Spain
BARCELONA, Spain--(BUSINESS WIRE)--Sep 5, 2023--
2023-09-05 15:16
China's Country Garden warns of default again as property sales plunge
For the second time in just over two months, Country Garden has warned investors that it could default on its $190 billion debt in a reminder that China's real estate crisis is far from over.
2023-10-10 17:24
The UBS Banker Ermotti Is Counting On to Clean Up Credit Suisse
Beatriz Martin’s first job at UBS Group AG was to help shrink the investment bank after a $2
2023-05-15 16:45
Dollar Heads for Longest Losing Streak Since 2020 Before US CPI
A gauge of the dollar is set for the longest run of losses in over three years, leaving
2023-10-12 17:56
Asia Stocks Set for Mixed Open, US Debt Talks Near: Markets Wrap
Asian equities are poised for a mixed opening as traders continue to look for clues of any breakthrough
2023-05-16 07:51
Australia Pay Gains Suggest Economy Will Avoid Wage-Price Spiral
Australian salaries rose at around half the pace of inflation in the first three months of 2023, suggesting
2023-05-17 11:58
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