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Financial News Around the World

Category: Finance News

U.S. satellite giant Viasat’s $7.3 billion takeover of UK rival Inmarsat faces in-depth competition probe

The U.K.’s competition regulator is worried the deal would lead to higher prices for onboard Wi-Fi on plane flights.

Published 14 October 2022
Categorised as Finance News

Consumer spending was flat in September and below expectations as inflation takes toll

Retail and food services sales in total were little changed for the month after rising 0.4% in August.

Published 14 October 2022
Categorised as Finance News

Citigroup reports 25% decline in third-quarter profits but tops revenue expectations

CEO Jane Fraser is trying to turn around the massive bank during a volatile period for markets and the global economy.

Published 14 October 2022
Categorised as Finance News

Stocks making the biggest moves premarket: Albertsons, JPMorgan Chase, Beyond Meat and more

These are the stocks posting the largest moves before the bell.

Published 14 October 2022
Categorised as Finance News

Wells Fargo profit falls as bank boosts loan loss reserves; shares rise

Wells Fargo on Friday reported lower quarterly earnings than a year ago as a decision to build up reserves cut into profit.

Published 14 October 2022
Categorised as Finance News

JPMorgan Chase earnings are out – Here are the numbers

Investors have dumped bank shares lately, pushing JPMorgan and others to fresh 52-week lows this week, on concern that the Fed will trigger a recession.

Published 14 October 2022
Categorised as Finance News

Morgan Stanley is set to report third-quarter earnings —here’s what the Street expects

Wall Street banks are grappling with the collapse in IPOs and issuance this year, a sharp reversal from the deals boom that drove results last year.

Published 14 October 2022
Categorised as Finance News

China’s consumer prices jump by the most in more than two years

China’s consumer prices rose in September at their fastest pace in more than two years as pork prices climbed, the National Bureau of Statistics said Friday.

Published 14 October 2022
Categorised as Finance News

China is no longer just any emerging market — it has become its own beast

China is no longer just another emerging market play. The country is becoming its own beast — with all the risks and rewards that come with being a world power.

Published 14 October 2022
Categorised as Finance News

Apple, Goldman Sachs introduce interest-bearing savings accounts as rates rise

Apple continues to expand its consumer financial services offerings as it tries to broaden the ways iPhones can be used.

Published 13 October 2022
Categorised as Finance News

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