Citigroup beats analysts' profit expectations on gains from Tradeweb IPO
Citigroup says gains from the Tradeweb IPO offset declines in trading and investment banking in the second quarter.
Citigroup says gains from the Tradeweb IPO offset declines in trading and investment banking in the second quarter.
China's Huawei Technologies said it will invest $3.1 billion in Italy over the next three years, as the Chinese telecoms giant called on Rome to ensure the "transparent, efficient and fair" use of its 'golden power' on 5G network development.
UBS lowers its rating on shares of General Electric to neutral from buy.
Oil prices rose on Monday as Chinese industrial output and retail data topped expectations, though gains were capped by overall figures showing the country's slowest quarterly economic growth in decades.
Wall Street's main indexes opened at record highs on Monday as second-quarter corporate earnings got off to an upbeat start with results from the third largest U.S lender, Citigroup, beating expectations.
Cybersecurity company Symantec Corp and chipmaker Broadcom Inc have ceased deal negotiations, CNBC reported on Monday, citing sources.
Surprisingly upbeat economic soundings from China pushed world shares toward an 18-month high and steered the Aussie dollar upwards on Monday, as Citigroup delivered Wall Street's first heavyweight beat of the new earnings season.
Here are the biggest calls on Wall Street on Monday
Symantec would not accept less than $28 a share, sources tell CNBC's David Faber.
Huawei Technologies Co Ltd [HWT.UL] is planning extensive layoffs in the United States as the Chinese telecoms equipment company grapples with its U.S. blacklisting, the Wall Street Journal reported, citing people familiar with the matter.
German airline Lufthansa expects passenger numbers to rise about 4% this year, its chief executive told a newspaper, playing down talk that public support for teenage climate activist Greta Thunberg might be curbing air travel.
U.S. online retail giant Amazon plans to open a new warehouse in Germany this year and create more than 2,800 jobs with permanent contracts in what is its second-biggest market after the United States.
Whether you're covered for medical services while traveling depends partly on where you're going and how you receive your Medicare benefits.
India has told a tribunal the local auditing affiliate of international accounting group Deloitte Touche Tohmatsu is misreading a key federal law as the firm seeks to avoid a five-year ban on new business, according to legal documents reviewed by Reuters on Sunday.
American Airlines Group Inc said on Sunday it is extending for a fourth time cancellations of about 115 daily flights into early November due to the ongoing grounding of the Boeing Co 737 MAX jets.