Deutsche Bank beats expectations despite 27% drop in profit, jump in costs
The bank's net profit attributable to shareholders slightly topped a prediction of 737 million euros in a Reuters poll of analysts.
SK Hynix posts narrower second-quarter loss amid robust AI demand, sees chip recovery
SK Hynix in its latest earnings report said that the weak memory chip market is starting to recover amid robust artificial intelligence demand.
Rolls-Royce shares soar 19 % after engine-maker raises guidance
The company said it anticipates half-year profits, due out on Aug. 3, will be more than double market consensus.
: NatWest CEO resigns after admitting to be source for inaccurate story on Nigel Farage
The chief executive of NatWest resigned on Wednesday, leaving after admitting to leaking banking information on the far-right leader to the BBC.
MarketWatch First Take: Microsoft’s AI payday will take time, and investors need to be patient
Microsoft shares fall after hours as executives remind that the payoff from AI will take some time, while spending will increase.
Financial Crime: British billionaire owner of Tottenham football club charged with ‘brazen’ insider trading
Joe Lewis is accused by U.S. authorities of sharing secret stock tips with his private pilots, girlfriends and assistants for years
What happened to the Chinese travel boom everyone was waiting for? It stayed in China
Rather than a boom, the recovery of international travel in China is likely to be spread out over 2023 and 2024, says Mastercard economist David...
Dow Jones Newswires: NextPoint strikes restructuring deal to sell assets
NextPoint Financial has reached a restructuring deal to sell assets and substantially reduce its debt.
: LinkedIn sheds nearly 200 in Bay Area job cuts: report
Microsoft Corp.’s MSFT LinkedIn laid off nearly 200 workers in the San Francisco Bay Area as part of a larger workforce reduction, according to a...