PARIS (Reuters) – Europe must cancel its plan to ban new fossil fuel-emitting cars from 2035 to reduce reliance on China’s battery supply chain and play to its technological strengths,…
(Reuters) – UBS Global Research on Tuesday raised its year-end target for the benchmark S&P 500 index to 5,850 points from an earlier projection of 5,600, boosted by corporate profit…
By Supantha Mukherjee STOCKHOLM (Reuters) – Sweden’s Ericsson (BS:ERICAs) said on Tuesday the telecom equipment market is showing signs of improvement after reporting third-quarter core earnings and sales above expectations,…
By Patrick Wingrove and Bhanvi Satija (Reuters) – Johnson & Johnson (NYSE:JNJ) raised its 2024 profit and sales forecasts on Tuesday after reporting strong sales of oncology drugs and quarterly…
NEW YORK – PNC Financial Services Group Inc (NYSE:PNC) reported third-quarter earnings and revenue that beat analyst expectations, sending shares up 1.26% in premarket trading on Tuesday. The Pittsburgh-based bank…
Investing.com — Following the summer “risk off” period, risky assets quickly rebounded, driven by the Federal Reserve’s dovish shift, China’s stimulus measures, and stronger-than-expected US economic data. Strategists at Goldman…
(Reuters) – Bank of America’s profit fell in the third quarter as its income from customer interest payments shrank. The second-largest U.S. bank’s net income fell to $6.9 billion, or…
NEW YORK – FB Financial Corporation (NYSE: NYSE:FBK) reported third quarter earnings that beat analyst expectations, while revenue came in below estimates. The company’s stock showed no significant movement following…
(Reuters) -Boeing said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S. planemaker readies financing sources amid a crippling strike…