January 16, 2019

World stocks rise; sterling up ahead of May vote

Major world stock indexes rose on Wednesday, with the S&P 500 supported by gains in U.S. bank stocks after strong earnings, while the pound edged up […]
January 16, 2019

Goldman dealmakers shine in Solomon’s maiden quarter

Goldman Sachs Group Inc turned in a better-than-expected profit during David Solomon’s first quarter at the helm, helped by dealmakers in the division the new chief […]
January 16, 2019

PG&E to get pulled out of S&P 500, shares near 2001 lows

** Embattled power utility company PG&E Corp will be replaced by healthcare equipment maker Teleflex Inc in the S&P 500 on Friday Powered by WPeMatico
January 16, 2019

Goldman Sachs CEO apologises for ex-banker’s role in 1MDB scandal

Goldman Sachs Group Inc Chief Executive Officer David Solomon on Wednesday apologised to the Malaysian people for former banker Tim Leissner’s role in the sovereign wealth […]
January 16, 2019

Businesses cry out for Brexit clarity, warn of no-deal chaos

Business leaders in Britain and beyond warned on Wednesday of catastrophic job losses and chaos at ports if the country does not agree a European Union […]
January 16, 2019

Carmaker JLR urges UK lawmakers to prevent a no-deal Brexit

Britain’s biggest carmaker Jaguar Land Rover (JLR) urged lawmakers to rule out the possibility that the country leaves the European Union without a deal, to prevent […]
January 16, 2019

Ferrari chairman reiterates support for CEO Camilleri

John Elkann, chairman of Ferrari and main shareholder Exor , reiterated his support for Ferrari chief executive Louis Camilleri, denying speculation a top management purge could […]
January 16, 2019

Ford sees weaker-than-expected fourth quarter, uncertainty in 2019

Ford Motor Co forecast a weaker-than-expected fourth quarter profit, and said on Wednesday tariffs could erode 2019 earnings by about $700 million, sending its shares down […]
January 16, 2019

Companies cry out for Brexit clarity, warn on no-deal

Furious companies facing weeks more uncertainty over an ever closer Brexit lashed out at politicians on Wednesday, and warned of chaos at ports and catastrophic job […]
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