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Europe's largest bank acknowledged big changes are coming when reporting its earnings Tuesday. HSBC said it's looking to drive the majority of revenue from fee-based business as opposed to interest … Read More
REUTERS/Luke MacGregor Deutsche Bank beat expectations with its third-quarter earnings with a surprise return to profit, and posted a 47% jump in trading fixed-income securities and currencies. The bank set … Read More
Thomson Reuters Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning. Here’s what you need to know before markets … Read More
Business Insider The special-acquisition company frenzy is being driven by unrestrained speculation and may not yield expected returns, Bloomberg reported legendary short-seller Jim Chanos as saying. History shows so-called “blank-check” … Read More
Berkshire Hathaway chairman Warren Buffett gestures at the start of a 5km race. REUTERS/Rick Wilking Joe Biden discussed America’s unrivaled prospects with Warren Buffett, ahead of a virtual fundraiser on … Read More
Brookfield Property Partners is in talks to take a stake in Blackhall Studios, a production facility with nine sound stages in Atlanta, according to three sources with knowledge of the … Read More
Reuters/ Steve Marcus Billionaire hedge-fund manager Dan Loeb has joined Warren Buffett and Marc Benioff as a Snowflake shareholder. Loeb’s Third Point, which counts Amazon and Alibaba among its biggest … Read More
Thomson Reuters The Tokyo Stock Exchange froze trading for an entire day on Thursday after experiencing its worst outage in history. A “hardware failure” caused the system to collapse, TSE … Read More
TOLGA AKMEN/Getty The UK economy posted a record contraction in the second quarter of the year, with gross domestic product plunging 19.8% between the months of April and June. The … Read More
AP/Richard Drew European stocks recovered with a fairly mild rebound following Monday’s carnage, but renewed fears of virus-related lockdowns in the region crept into global stock markets. However, shares in … Read More
Reuters Shares in Swiss healthcare group Roche rose 2% on Friday after the company launched a new test to measure COVID-19 antibodies, and provided evidence its drugs reduce need for … Read More
The more than 50% rally in technology stocks over the past 100 trading days ends one of two ways: higher like the 2009 recovery, or lower like the 1999 dot-com … Read More
