Deutsche Bank on Thursday reported a net profit of 1.158 billion euros ($1.28 billion) for the first quarter, emerging from a turbulent month that saw it swept up in market fears of a global banking crisis. Net profit attributable to shareholders was comfortably above a consensus forecast of 864.54 million […]
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Barclays posts 27% rise in net profit for the first quarter, beats expectations
The headquarters of Barclays Plc beyond the West India Quay Docklands Light Railway station in the Canary Wharf financial district in London, UK, on Monday, March 20, 2023. Bloomberg | Bloomberg | Getty Images LONDON — Barclays on Thursday reported net profit of £1.78 billion for the first quarter, beating […]
Kremlin critics and Putin’s political enemies face an ‘extremely dangerous’ situation in Russia right now
An employee walks past TV screens in a shop in Moscow showing a broadcast with President Vladimir Putin. Alexander Nemenov | Afp | Getty Images Political opposition and activism within Russia has always been fraught with risks but it has become increasingly impossible in recent years, with political analysts saying […]
A U.S. tech downturn offers India ‘a bigger opportunity,’ says Infosys founder
Infosys founder Narayana Murthy sees tech layoffs in the U.S. as an opportunity for India. “I look at these things [such as tech layoffs] as part of a business cycle. The curve goes up and down, up and down. So I would not be that much worried,” Murthy told The […]
Chinese retailers helped lift Meta’s first-quarter sales in a tough online advertising market
Mark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta can thank Chinese retailers for helping lift the company’s first-quarter sales after three consecutive quarters of revenue declines. As chief financial officer Susan Li told analysts during the earnings […]
Tucker Carlson breaks his silence without addressing why Fox News fired him
Tucker Carlson speaks during the Politicon conference in Los Angeles, October 21, 2018 Rich Polk | Getty Images Tucker Carlson broke his silence on Wednesday night, two days after his unceremonious exit from Fox News. The right wing former primetime TV host, however, did not address his firing or what […]
Pioneer beats on earnings, announces succession, tweaks dividend — a mix pressuring the oil stock
Pioneer Natural Resources (PXD) posted solid first-quarter results after the bell Wednesday, thanks to higher-than-expected energy production. Free cash flow, however, was a slight miss. It was also a bittersweet evening as CEO Scott Sheffield said he will retire at the end of the year after more than two decades […]
These are the 10 wealthiest cities in the world—3 of them are in the U.S.
In April, Henley & Partners released its annual report on the world’s wealthiest cities. The report’s findings are based on just how fast the millionaire population has grown in the past 10 years in major cities across the globe. New World Wealth, a global intelligence firm, collected data from 97 […]
Bipartisan Senate bill would push ticket sellers to disclose fees upfront
Price starts at: $25 Whether you have a brother who appreciates a live football game or a wife who adores Michael Bublé, places like SubHub and Ticketmaster offer gift certificates that are great for getting someone to a show. You also have the option of purchasing live tickets that can […]
House passes GOP debt limit bill, as McCarthy tries to draw Biden into negotiations
House Speaker Kevin McCarthy (R-CA) walks following a closed door meeting on Captiol Hill in Washington, April 26, 2023. Tom Brenner | Reuters WASHINGTON — A Republican bill to raise the debt limit and slash government funding passed the House on Wednesday, after 11th hour changes won over a group […]