Wall Street Shrinks Headcount by 21,000 as Dealmaking and Trading Slump
Wall Street’s biggest banks whittled down their ranks by about 21,000 people in the first six months of
2023-07-19 23:16
Carvana stock surges 30% after it reaches a massive debt reduction deal
Shares of Carvana, the online used-car seller known for its tall, glass car-vending machines, surged by more than 30% in early trading Wednesday after the company reached a debt restructuring agreement.
2023-07-19 22:59
Microsoft and Activision extend their deal deadline
Microsoft and Activision have mutually agreed to extend their merger deadline by three months in the face of ongoing negotiations with the UK government that could allow the $69 billion acquisition to close, the two companies announced on Wednesday.
2023-07-19 21:48
Halliburton, Baker Hughes beat on profit estimates, shares fall on outlook
By Arathy Somasekhar and Sourasis Bose (Reuters) -Halliburton Co and Baker Hughes on Wednesday reported results that beat analysts' estimates
2023-07-19 21:27
Kering Said to Tap Defense Advisers as Activist Bluebell Circles
Kering SA is speaking to defense advisers as activist investors including Bluebell Capital Partners Ltd. circle the French
2023-07-19 21:25
Don’t Say Tory: How Sunak’s Party Targets Key Votes
As he quit Parliament last month, Boris Johnson lashed out at what he called a “protracted political assassination.”
2023-07-19 21:23
IMF Board Member Expects Sri Lanka to Pass First Bailout Review
Sri Lanka stands a strong chance of passing the first review of its $3 billion bailout given falling
2023-07-19 20:48
World’s Second-Biggest Carbon Credit Project Halted by Legislative Hiatus
The world’s second-biggest carbon-credits project has halted its operations after the government of Zimbabwe said earlier this year
2023-07-19 20:00
Carvana Soars After Reaching Debt Restructuring Deal
Carvana Co. reached a deal to restructure debt and filed to sell as much as $1 billion of
2023-07-19 19:59
Goldman Sachs Profit Tumbles on Real Estate Hits, Banking Slump
Goldman Sachs Group Inc.’s profit plunged as the Wall Street giant notched one of its weakest quarters under
2023-07-19 19:55
Europe’s Extreme Heat to Intensify as Parts of Greece Burn
Europe’s heat is set to intensify as temperatures are forecast to peak at 47C (116.6F) on Wednesday in
2023-07-19 19:23
South African retail sales fall 1.4% year on year in May
JOHANNESBURG South African retail sales fell 1.4% year on year in May after declining by a revised 1.8%
2023-07-19 19:19