April 4, 2019

Rage within the machine: Brexit headline blizzard overloads FX algos

Brexit is so confusing it’s even confounding the robots. Powered by WPeMatico
April 4, 2019

JPMorgan expects first-quarter net interest income to be flat

JPMorgan Chase & Co said on Thursday its first-quarter net interest income will likely be flat compared with the prior quarter. Powered by WPeMatico
April 4, 2019

U.S. to wrap case against drug company executives tied to opioid crisis

Prosecutors on Thursday will present their closing arguments in the trial of the wealthy founder of pharmaceutical company Insys Therapeutics Inc and four colleagues accused of […]
April 4, 2019

Japan’s Nomura axeing jobs and bank branches to cut costs by $1 billion

Japan’s Nomura Holdings will cut $1 billion in costs from its wholesale business and shut more than 30 of 156 domestic retail branches in its latest […]
April 4, 2019

World stocks stall on trade jitters, German economy angst

European and Asian shares stepped back from eight-month highs on Thursday, as investors took money off the table amid fresh concerns about U.S.-China trade talks and […]
April 4, 2019

MIT cuts collaborations with Chinese tech firms Huawei, ZTE

The Massachusetts Institute of Technology (MIT) said on Wednesday it has cut collaborations with Huawei Technologies and ZTE Corp over U.S. federal investigations of the Chinese […]
April 4, 2019

UniCredit plans to make bid for Commerzbank: FT

UniCredit SpA is preparing a rival multi-billion-euro bid to take control of Commerzbank AG, as Deutsche Bank is facing troubles with its move to buy the […]
April 4, 2019

China’s Tencent raises $6 billion in bond sale; proceeds for general purposes

Chinese social media and gaming giant Tencent Holdings Ltd said on Thursday it has raised $6 billion in a bond sale, with proceeds earmarked for refinancing […]
April 4, 2019

Oil prices mixed, Brent edges up toward $70 level

Oil prices were mixed on Thursday, with Brent edging higher toward the psychologically important $70 level after easing in the previous session on data showing a […]
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