[ad_1] Barclays bank reported second quarter earnings Thursday. Bloomberg | Bloomberg | Getty Images Barclays said Thursday that it expects to earn less interest in its U.K. division, as analysts flagged the bank’s “modestly disappointing” set of results. The British lender reported a net income of £1.3 billion ($1.68 billion) for the second quarter, in … Read more
[ad_1] A woman walks past a Taiwan Semiconductor Manufacturing Company (TSMC) logo at the Hsinchu Science Park in Hsinchu on July 5, 2023. (Photo by Sam Yeh / AFP) (Photo by SAM YEH/AFP via Getty Images) Sam Yeh | Afp | Getty Images Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, posted a second-quarter profit … Read more
[ad_1] SpaceX, Twitter and electric car maker Tesla CEO Elon Musk looks on as he speaks during his visit at the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris, on June 16, 2023. Alain Jocard | Afp | Getty Images Tesla reported earnings after the bell, showing a … Read more
[ad_1] A man passes by a location of financial broker Charles Schwab in the financial district in New York, March 20, 2023. Brendan McDermid | Reuters Shares of brokerage firm Charles Schwab rose sharply Tuesday after the company’s second-quarter report topped expectations. Schwab generated 75 cents in adjusted earnings per share on $4.66 billion in … Read more
[ad_1] The Evergrande Group headquarters building in Shenzhen is pictured on January 11, 2022 in Shenzhen, Guangdong Province of China. Liang Xiashun | Visual China Group | Getty Images China Evergrande Group posted a combined loss of $81 billion in its long overdue earnings report late on Monday. The world’s most indebted property developer fell … Read more
[ad_1] Despite what’s shaping up to be a losing week for the U.S. stock market, some names have been able to buck the downturn. The three major indexes are all down more than 1% on the week as investors took profits following a recent rally. If that holds, it would break a streak of eight-straight … Read more
[ad_1] Traders work on the trading floor at the New York Stock Exchange (NYSE) below GameStop signage in New York, August 8, 2022. Andrew Kelly | Reuters GameStop fired its CEO Matthew Furlong and appointed its board chairman Ryan Cohen as executive chairman effective immediately, the company said Wednesday. Shares of GameStop dropped more than … Read more
[ad_1] Travellers check in for the flight at the Singapore Airlines counter in the departure hall at Changi International Airport in Singapore on December 2, 2021. Roslan Rahman | AFP | Getty Images Three major airlines in Asia are back in the black, rebounding from their pandemic doldrums as global travel picks up, and they’re … Read more
[ad_1] Nintendo is hoping key games such as Mario and Zelda will help it keep players interested in its ageing Switch console series. Charly Triballeau | AFP | Getty Images Nintendo reported a fall in profit and revenue in its fiscal year driven by a drop in sales of its flagship Switch console. For its … Read more
[ad_1] In an aerial view, a sign is posted on the exterior of Lucid headquarters on March 29, 2023 in Newark, California. Electric vehicle maker Lucid announced plans to lay off 1,300 workers, 18 percent of its workforce, as part of a restructuring plan. Justin Sullivan | Getty Images Luxury electric vehicle maker Lucid Group … Read more