Japanese electronics and entertainment company Sony Corp. says its profit dropped 84 percent in October-December as losses in its movie division offset healthy results in its video game business.
Deutsche Bank AG fell the most in four months after earnings missed analysts’ estimates, in part because clients stepped back from doing business with the lender amid concern about its financial strength.
Facebook, Inc.’s (FB – Free Report) earnings streak continues with yet another better-than-expected quarterly performance. Facebook’s fourth-quarter 2016 adjusted earnings of $1.24 per share and revenues of $8.8 billion easily topped the respective …
The dollar slumped against all its major peers after the Federal Reserve gave dollar bulls little to be optimistic about after the worst January in 30 years.
(CNN) The Standing Rock Sioux tribe says a “rogue group of protesters” have put their cause at risk after reports that the 1,172-mile Dakota Access Pipeline project may have cleared a final hurdle.
NEW DELHI, Feb 1 India unveiled a budget on Wednesday to help the poor with hikes in government spending and cuts in taxes as Prime Minister Narendra Modi seeks to win back the sympathy of voters hit hard by his recent crackdown on “black money”.
The Bank of England upgraded its forecasts for the economy for the second time since the Brexit vote and revealed that some policy makers have become more concerned about accelerating inflation.
Wal-Mart shoppers aren’t the only ones who could suffer under a tax plan that President Donald Trump is warming up to — U.S. investors who trade on the London Stock Exchange, the Deutsche Boerse and Euronext might also take a hit.
Carsten Kengeter, CEO of Deutsche Boerse talks to the media during the presentation of FinTec start-up facilities provided by Deutsche Boerse in Frankfurt, Germany, February 24, 2016.
TOKYO – Angling to pre-empt complaints over Japan’s perennial trade surplus with the U.S., Prime Minister Shinzo Abe reportedly plans to propose a sweeping economic cooperation package meant to create hundreds of thousands of jobs in the U.S.
President Donald Trump thinks he can return the economy to 4% annual growth. Janet Yellen, the Federal Reserve chairwoman, is expecting little more than 2%.
When a company misses earnings expectations by $1 billion, investors are usually well advised to dash for the panic room. But for Royal Dutch Shell PLC, which served up that beauty on Thursday, profit doesn’t matter much right now.
GENEVA – Switzerland’s financial markets regulator on Thursday sanctioned a private bank linked to Royal Bank of Scotland for having “seriously breached” money laundering rules in connection with indebted Malaysian sovereign wealth fund 1MDB.
The final bill is in: Donald Trump’s campaign paid his companies $12.8 million from the time he launched his improbable presidential bid in the lobby of his company’s flagship Trump Tower property through the end of last year, according to a POLITICO …
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