News

State Street's Quarterly Profit Jumps 39% on Strong Fee Income, Lower Expenses
(Reuters) -Custodian bank State Street on Thursday reported a 39% jump in first-quarter profit, benefitting from lower ...
CEO of Singapore's DBS Tells Businesses to 'Buckle Up' for Tariff Uncertainty
SINGAPORE (Reuters) - The CEO of Singapore's biggest bank, DBS Group, Tan Su Shan, said on Thursday that businesses have to ...
US Single-Family Housing Starts Tumble to an Eight-Month Low in March
Single-family housing starts, which account for the bulk of homebuilding, dropped 14.2% to a seasonally adjusted annual rate ...
Instant View: ECB Cuts Rates Again to Buffer Economy From U.S. Tariff Hit
MARCHEL ALEXANDROVICH, ECONOMIST, SALTMARSH ECONOMICS: ...
Lagarde Comments at ECB Press Conference
European Central Bank (ECB) President Christine Lagarde addresses the media after the ECB's Governing Council meeting, at the ...
Charles Schwab's Profit Surges as Tariff Uncertainty Fuels Strong Trading Activity
Schwab's asset management and administration fees, earned from managing mutual funds and exchange-traded funds, increased 14% ...
Huntington's Q1 Profit Rises as Fed Rate Cuts Temper Deposit Costs
(Reuters) - Huntington Bancshares reported a rise in its first-quarter profit on Thursday, helped by higher interest income ...
Spirit Airlines Appoints Sun Country Executive Dave Davis as New CEO
(Reuters) -U.S. discount carrier Spirit Airlines said on Thursday it has appointed rival Sun Country executive, Dave Davis, as its new CEO. The appointment comes a week after former chief Ted Christie ...
Russian Barriers to Re-Entry Stymie Prospects of Western Companies' Return
Chinese firms now dominate the sector with a market share of more than 50%, up from below 10% before 2022, all but closing the door to Western rivals, four car market sources told Reuters. Without ...