BNP Paribas’ retail weakness takes shine off equity trading boost
France’s BNP Paribas (OTC:) exceeded expectations with a big jump in earnings on Wednesday thanks to a boost in equities…
Deutsche Bank’s profit streak ends with big lawsuit provision
Deutsche Bank posted its first loss in four years in the second quarter after setting aside 1.3 billion euros ($1.41…
UK business activity picks up after pre-election lull, PMI data shows
British business activity picked up this month after a lull in the run-up to a July 4 election, bolstered by…
What will a Trump presidency look like for China’s economy? ANZ weighs in
Concerns over a second Donald Trump presidency have weighed on Asian markets, specifically China, on what new headwinds they could…
NATO finds gaping holes in defences of Europe
The war in Ukraine and the looming U.S. presidential election dominated a NATO summit in Washington this month but, away…
Japan’s July factory activity slips, service sector solid, PMI shows
Japan’s factory activity contracted slightly in July as output and new orders fell and firms remained under pressure from higher…
India ‘clearly has a problem’ finding new drivers for economic growth, JPMorgan’s Jahangir Aziz says
The Imperial Towers twin towers residential skyscrapers and business district development in Tardeo South Mumbai, India. India “clearly has a…
US business equipment borrowings fall 4% in June, ELFA says
U.S. companies borrowed 4% less to finance equipment investments in June than a year ago, industry body Equipment Leasing and…
New Fortress pushes first LNG delivery from Altamira project offshore Mexico to August
New Fortress delayed its target for delivering the first LNG cargo from its floating Altamira export terminal until August, the…
US goods trade deficit narrows in June; inventories increase
The U.S. trade deficit in goods narrowed in June amid a broad rebound in exports, but that probably was insufficient…