Latest in Swiss bank UBS smashes third quarter expectations with $1.4 billion in profit
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China’s economy grows 4.6% in third quarter
Lowest figure in year and a half comes as Beijing steps up stimulus effortsBusiness - Financial Times - October 18 -
Hermes outperforms rivals as sales climb in the third quarter
Luxury goods group Hermes International outperformed rivals as it grew sales despite headwinds in China.Business - MarketWatch - 6 days ago -
Eurozone economy grows 0.4% in third quarter
Figure beats expectations of 0.2% expansionBusiness - Financial Times - 3 hours ago -
GDP Report Shows US Economy Grew at 2.8% Rate
In a key economic report released just days before the presidential election, growth was again driven by robust consumer spending.Business - The New York Times - 23 minutes ago -
US GDP rises by 2.8% rate in third quarter
Final reading before presidential election shows world’s biggest economy is in robust healthBusiness - Financial Times - 58 minutes ago -
NatWest profits rise by a quarter as lending and deposits grow
Bank also sets aside £245mn in provisions for bad loans, higher than expectations of £173mnBusiness - Financial Times - 5 days ago -
Profits Leap at Goldman Sachs as Banks See Steady Economy
The investment bank earned more than expected in the latest quarter, a theme for other big banks, too.Top stories - The New York Times - October 15 -
Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient
The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...Business - The Wall Street Journal - October 23 -
Netflix adds 5 million subscribers and beats Wall Street's profit expectations
Netflix reports strong third-quarter earnings, in a sign that its content mix, including "Emily in Paris," and its password-sharing crackdown are still paying off.Entertainment - Los Angeles Times - October 17 -
Truck maker Volvo's Q3 adjusted profit falls more than expected
Adjusted operating profit was 14.1 billion crowns ($1.34 billion against a year-earlier 19.3 billion and a mean forecast in an LSEG poll of analysts of 15.6 billion, on a sales drop of 12%. Volvo ...Sports - Yahoo Sports - October 18 -
Tesla shares leap 22% after Musk predicts sales rebound
EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next yearBusiness - Financial Times - 5 days ago -
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Revenue for the third quarter grew about 94% year-on-year.Business - CNBC - 6 days ago -
HSBC chief says east-west division will not lead to ‘any split’
Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting driveBusiness - Financial Times - Yesterday -
Google’s strong earnings boosted by cloud computing gains
Parent company Alphabet’s shares rise 6% as results show lift from AI demandBusiness - Financial Times - 1 hour ago -
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Helene, Milton losses expected to surpass "truly historic" $50 billion each
Hurricanes Helene and Milton caused so much complex havoc that damages totals are likely join the infamous ranks of Katrina, Sandy and Harvey as super costly $50-billion-plus killers, experts say.Top stories - CBS News - October 17 -
Johnson announces $27.5M third-quarter fundraising in record for Speaker
Speaker Mike Johnson (R-La.) announced a $27.5 million fundraising haul for the third quarter of the year, a sum that is welcome news for Republicans hoping to keep control of the House as they ...Politics - The Hill - October 14 -
TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins
The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.Business - MarketWatch - October 15