Big banks had a strong Q3. What about regional banks?
Months after the collapse of regional banks like Signature Bank, First Republic Bank and Silicon Valley Bank, as well as fears of a credit crisis, the regional banking sector may not be out of the woods quite yet.
2023-10-25 03:49
Kering sales down 9% as luxury slowdown stalls revamp
By Mimosa Spencer PARIS French luxury group Kering reported a bigger-than-expected drop in third quarter sales, underperforming major
2023-10-25 03:26
Chile's Cochilco says large-scale copper mining costs keep growing
SANTIAGO The costs of large-scale copper mining in Chile kept rising due to lower production and rising service
2023-10-25 02:24
Teck Resources Drops on Rising Cost of Flagship Copper Mine
Teck Resources Ltd. shares plunged to their lowest point in seven months after the Canadian miner raised the
2023-10-25 00:56
Exclusive-Orange/MasMovil pick Digi to buy assets being sold to address EU concerns - sources
By Foo Yun Chee BRUSSELS French telecoms group Orange and Spanish peer MasMovil have picked Romania's Digi to
2023-10-24 23:51
Another massive autoworkers strike expansion: 5,000 UAW workers walk off at GM's biggest plant
The United Auto Workers union announced a surprise targeted strike against General Motors' Arlington Assembly plant in Texas on Tuesday morning. 5,000 members walked off the job, joining the now 45,000 UAW members on the picket lines. This expanded strike impacts GM's Chevy Tahoe, Chevy Suburban, GMC Yukon and Cadillac Escalade.
2023-10-24 22:55
US regulators unveil updated fair lending rules for banks
By Pete Schroeder WASHINGTON U.S. banking regulators are set to adopt new rules to modernize fair lending standards
2023-10-24 21:56
Shares in one of London's biggest IPOs this year have crashed 82%
Three months ago, CAB Payments stumbled when it went public on the London Stock Exchange, its shares falling nearly 10% on their first day of trading on a market that has been starved recently of new listings.
2023-10-24 21:48
Hong Kong may seek to kick-start ailing property market in policy address
By James Pomfret and Clare Jim HONG KONG Hong Kong is expected to announce lower stamp duties for
2023-10-24 20:53
The Fed is losing control
America's first inflation crisis in decades, combined with the Federal Reserve's aggressive interest rate hikes to combat it, has made for a topsy-turvy past couple years on Main Street and Wall Street alike. It has weighed on consumers and kept investors constantly second-guessing themselves.
2023-10-24 19:58
GM earnings rise despite strike
General Motors' earnings grew last quarter, even as the company took a $200 million hit from the first two weeks of a strike by the United Auto Workers union.
2023-10-24 18:50
Nigeria to Tighten Rules to Curb Raw Mineral Exports
Nigeria plans to tighten rules to reduce the export of raw minerals and encourage the shipment of processed
2023-10-24 14:57