Goldman Sachs’ profit more than doubled in the second quarter, surpassing analysts’ estimates due to robust debt underwriting and fixed-income trading. However,
BlackRock’s assets managed hit a record $10.65 trillion in the second quarter, thanks to rising client asset values and substantial inflows into
Cleveland-Cliffs, an Ohio-based steelmaker, announced its acquisition of Canadian peer Stelco Holdings for C$3.85 billion ($2.8 billion). This marks Cleveland-Cliffs’ first major
TomTom, the Amsterdam-based digital mapping specialist, announced it is suspending its revenue target 2025 due to weak demand in the automotive sector.
China economy expanded by 4.7% in the second quarter of 2024, significantly below the expected 5.1% forecast in a Reuters poll and
Federal Reserve Chair Jerome Powell will commence a crucial week of commentary from U.S. central bank officials. They will evaluate the implications
Elon Musk’s social media company X has breached European Union online content rules, with regulators ruling that its blue checkmark deceives users.
Vietnamese electric vehicle (EV) maker VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 and
Boeing has started certification flight testing of its long-delayed 777-9 with U.S. aviation regulators onboard, the U.S. planemaker said in an emailed
OpenAI is under scrutiny following a complaint filed with the U.S. Securities and Exchange Commission (SEC) by whistleblowers. The complaint, seen by
