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Goldman Sachs profits plunge 58% as dealmaking dries up
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
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
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
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
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
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
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
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
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
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
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
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