HSBC has reshuffled the management of its global banking division, according to an internal memo seen by Reuters on Tuesday, as former JPMorgan banker Greg Guyett puts his stamp on the business he took over in February this year.
President Donald Trump, his three oldest children and the Trump Organization have sued Deutsche Bank AG and Capital One Financial Corp to try to block them from responding to subpoenas issued by U.S. congressional Democrats seeking financial records.
It was a quiet Easter holiday at the offices of major European oil companies and refiners when an email in Russian landed. “What the hell does it say?” one manager recalled thinking as he sent it to his Moscow office for translation.
HealthEquity Inc on Tuesday confirmed its offer to acquire WageWorks Inc in a deal valuing the administrator of employee benefits at about $2.01 billion.
Siemens is well placed to win the bulk of orders flowing from a $14 billion scheme to rebuild Iraq’s electricity infrastructure following years of war, the country’s Prime Minister Adel Abdul Mahdi said in Berlin on Tuesday.
Huawei denied on Tuesday a Bloomberg report saying that mobile operator Vodafone had found so-called hidden “backdoors” in software provided in 2011 by the Chinese company.
McDonald’s Corp lured diners with short-term bacon promotion, value meals and redesigned restaurants that helped lift its U.S. same-store sales above Wall Street estimates for the first time in four quarters on Tuesday.
Wall Street’s main indexes on Tuesday pulled away from all-time highs set in the previous session, following a slump in the shares of Google-parent Alphabet after weak quarterly results.
General Motors Co on Tuesday reported a higher-than-expected quarterly profit, lifted by revaluations of shares it holds in ride-hailing company Lyft Inc and France’s Peugeot SA.
General Electric Co said on Tuesday it generated more profit and lost less cash than expected in the first quarter, suggesting an improving outlook under its new leader that sent its shares up more than 5 percent.
Merck & Co Inc reported a higher-than-expected first-quarter profit on Tuesday and raised its earnings and sales forecasts for the year, boosted by its vaccines business and demand for its cancer immunotherapy Keytruda.
A U.S. district court has granted bail to a former managing partner of collapsed private equity firm Abraaj, Mustafa Abdel-Wadood, on condition that he sign a $10 million bond and remain confined to a New York apartment, court documents showed.
General Motors Co on Tuesday reported a higher-than-expected quarterly profit, driven mostly by highly lucrative pickup truck sales in the U.S. market and in part by revaluations of shares it holds in ride-hailing company Lyft Inc and Peugeot SA.
U.S. stocks opened mixed on Tuesday, as investors parsed a barrage of earnings reports, while a slump in shares of Google-parent Alphabet weighed on the S&P 500 and Nasdaq.
Occidental Petroleum Corp said on Tuesday that Warren Buffett’s Berkshire Hathaway Inc would invest $10 billion in the U.S oil and gas company to help fund its acquisition of smaller rival Anadarko Petroleum Corp.
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