Category Archives:
Broadcom’s $69 billion VMware deal wins provisional UK clearance
LONDON (Reuters) -Britain's competition regulator provisionally cleared U.S. tech company Broadcom's $69 billion purchase of VMware on Wednesday, saying the deal would not weaken competition in the su...
Jul 19, 2023
Goldman’s second-quarter profit falls on GreenSky writedown, dealmaking slump
(Reuters) -Goldman Sachs Group's second-quarter profit fell as the Wall Street giant took a $504 million writedown tied to its GreenSky business, while the investment banking business took a hit from ...
Jul 19, 2023
Atlas Copco posts Q2 profit beat, but sees slowing demand
(Reuters) -Swedish industrials group Atlas Copco on Wednesday reported second-quarter operating profit that beat market forecasts, but said demand was expected to weaken in the near term, sending its ...
Jul 19, 2023
South African retail sales fall 1.4% year on year in May
JOHANNESBURG (Reuters) - South African retail sales fell 1.4% year on year in May after declining by a revised 1.8% in April, Statistics South Africa figures showed on Wednesday. On a month-on-month b...
Jul 19, 2023
Brazil motor maker WEG posts Q2 net profit up 50%
SAO PAULO (Reuters) - Brazilian motor maker WEG SA reported a 50% jump in net profit, saying that "good demand" in the main regions where it operates helped it post positive figures. WEG, which in the...
Jul 19, 2023
Nasdaq beats profit estimates on steady demand for investment products
(Reuters) - Exchange operator Nasdaq beat estimates for second-quarter profit on Wednesday on the back of consistent demand for its investment-related products and capital markets solutions such as an...
Jul 19, 2023
Bain Capital raises $1.15 billion for first fund dedicated to insurance investments
By David French (Reuters) - Bain Capital has raised $1.15 billion for its first fund dedicated to investing in the insurance industry, as the private equity firm aims to create and invest in companies...
Jul 19, 2023
Wall collapse kills 11 workers during heavy monsoon rains in Pakistan
ISLAMABAD (Reuters) - At least 11 construction workers were killed on Wednesday when a wall collapsed on them during heavy monsoon rains on the outskirts of Islamabad, police said. The workers, from a...
Jul 19, 2023
M&T Bank beats profit estimates as higher rates boost interest income
(Reuters) - M&T Bank Corporation beat Wall Street estimates for second-quarter profit on Wednesday, as the U.S. Federal Reserve's rapid rate hikes to tame inflation boosted the lender's interest incom...
Jul 19, 2023
Citizens Financial beats second-quarter profit estimates on interest income boost
(Reuters) - Citizens Financial Group reported a second-quarter profit that beat Wall Street estimates as lenders' net interest income rose in a high-interest-rate environment. The upbeat results follo...
Jul 19, 2023
Peoria, IL, USA
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