Strong first-half earnings support the $370 bln bank's 35% stock jump this year, besting rivals like JPMorgan. A valuation over 2 times book implies CEO Georges Elhedery will keep returns high. Yet ...
CXMT’s $545 bln valuation books its hometown a windfall but debt-laden Country Garden will rue cashing out early. The ...
Staffing at HDFC, ICICI and others is down up to 4% after years of increases as businesses mature, growth slows and more tasks get automated. Goldman and Co routinely dump more. But India frowns ...
SpaceX and Anthropic lose money but account for half the $280 bln rise in S&P 500 earnings this quarter. How? Paper gains ...
Of the 113,000 public comments, 99.5% oppose an SEC plan to let companies cut financial disclosures to twice a year. It’ll ...
The UK-listed pharma’s shares fell 7% on reports of a Bristol Myers Squibb merger. A $380 bln deal would muddy CEO Pascal ...
The joint attempt to boost the currency is unlikely to have lasting impact: Tokyo's fiscal policy is anathema to a stronger ...
NEW YORK, July 30 (Reuters Breakingviews) - Public AI models released by Chinese startups like Moonshot lag just four months behind top proprietary systems from OpenAI. That boosts their appeal for ...
LONDON, July 30 (Reuters Breakingviews) - Lloyds Banking Group’s 20% return goal by 2030 rests on higher lending income as the windfall from higher rates eases, and chunkier fees. That’s possible, ...
The payments processor says it's open to other offers after rejecting Stripe’s $53 bln takeover bid. SpaceX wants to turn X ...
A deluge of deals and trading sets the stage for another round of splashy banker bonuses. Main Street may be paying less ...
Banca Monte dei Paschi di Siena could eye a merger with peer BPM, as an alternative to Intesa Sanpaolo’s €37 bln hostile bid. Its larger suitor has more firepower, cash and possible savings. A ...
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