European stocks were headed for their best weekly performance in seven months on Friday, as a bright start to the earnings season helped ease investor concerns about higher inflation. The pan-European STOXX 600index rose 0.3%, on course to end the week with a more than 2% gain after a...
1.MORGAN STANLEY: One of Morgan Stanley’s top dealmakers, who helped advise oil giant Saudi Aramco on its initial public offering (IPO), is leaving to join the investment banking arm of Banque Saudi Francis. Motaz Alangari, who is based in Riyadh, is leaving the Wall Street Bank after more than...
European stocks extended gains on Thursday, boosted by technology and mining stocks, on expectations of a strong earnings season even as investors fretted over higher inflation crimping an economic recovery. The pan-European STOXX 600index rose 0.7% by 0710 GMT, with miners jumping 2.1% and tech stocks up 1.4%. European...
1.JP MORGAN: JPMorgan reported on Wednesday third-quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations. JPMorgan announced earnings per share of $3.74 on revenue of $29.65B. Analysts polled by Investing.com anticipated EPS of $3 on revenue of $29.86B. JPMorgan shares are up 30% from the...
Brent Oil was trading 0.27% up at $83.82. Oil rose towards $84 a barrel on Tuesday, within sight of a three-year high, supported by a rebound in global demand that is contributing to energy shortages in big economies such as China. With demand growing as economies recover from pandemic lows,...
TOYOTA: Toyota Motor Corp in December wants to restart production curtailed by component shortages with a rebound in shipments from pandemic-hit suppliers that may help it claw back around a third of output lost to supply disruptions, three sources familiar with the carmaker’s plans said. Toyota last month cut its...
Toyota Motor (NYSE:TM) Corp is trading up 0.78% at 2002.5 Toyota Motor (NYSE:TM) Corpin December wants to restart production curtailed by component shortages with a rebound in shipments from pandemic-hit suppliers that may help it claw back around a third of output lost to supply disruptions, three sources familiar...
Facebook Inc (NASDAQ:FB) is trading up 0.25% at 330.05 A Facebook Inc (NASDAQ:FB) executive said Sunday that the company would introduce new measures on its apps to prompt teens away from harmful content, as U.S lawmakers scrutinize how Facebook and subsidiaries like Instagram affect young people’s mental health. Nick...