Goldman Sachs profits plunge 58% as dealmaking dries up
Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank's business, dry up. The Wall Street titan also felt the pain of a nearly $1 billion reduction in the value of its consumer and real estate businesses.
2023-07-19 21:18
Activision, Microsoft extend deadline to close $69 billion deal to Oct. 18
(Reuters) -Activision Blizzard said on Wednesday it has extended the deadline for the close of its $69 billion takeover by
2023-07-19 20:55
IMF Board Member Expects Sri Lanka to Pass First Bailout Review
Sri Lanka stands a strong chance of passing the first review of its $3 billion bailout given falling
2023-07-19 20:45
Goldman profit slides to three-year low on consumer losses
(Reuters) -Goldman Sachs Group reported a bigger-than-expected drop in second-quarter profit as a retreat from consumer businesses and declining investment
2023-07-19 20:27
Bank CEOs are already complaining about new regulations they haven't even seen yet
Earnings season is officially underway, which means the CEOs of America's largest banks get to update the public about the health of their firms and their economic outlooks.
2023-07-19 20:19
Goldman Sachs Profit Tumbles on Real Estate Hits, Banking Slump
Goldman Sachs Group Inc.’s profit plunged as the Wall Street giant notched one of its weakest quarters under
2023-07-19 19:52
World’s Second-Biggest Carbon Credit Project Halted by Legislative Hiatus
The world’s second-biggest carbon-credits project has halted its operations after the government of Zimbabwe said earlier this year
2023-07-19 19:50
Carvana Soars After Reaching Debt Restructuring Deal
Carvana Co. reached a deal to restructure debt and filed to sell as much as $1 billion of
2023-07-19 19:47
Europe’s Extreme Heat to Intensify as Parts of Greece Burn
Europe’s heat is set to intensify as temperatures are forecast to peak at 47C (116.6F) on Wednesday in
2023-07-19 19:19
Thailand Bars Election Winner From PM Race as Tension Builds
Thailand’s parliament barred Pita Limjaroenrat from running for prime minister, in a decision that undermines the people’s choice
2023-07-19 18:59
Russia Readies Digital Ruble Pilot as War Squeezes Economy
Russia is pressing ahead with plans to introduce a digital ruble, joining a growing list of countries to
2023-07-19 18:52
Russia Hands Seized Danone, Carlsberg Assets to Putin Allies
Russia named a relative of Chechen leader Ramzan Kadyrov and an ally of President Vladimir Putin to head
2023-07-19 18:27