Business

A view of a United Airlines plane at Barcelona Airport in Barcelona, Spain, on February 27, 2023.Joan Valls | Nurphoto | Getty ImagesUnited Airlines reported a loss for the first three months of the year but forecast a profit for the second…

Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association conference In San Diego, California, February 11 2019.Ann Saphir | ReutersFederal Reserve Governor…

Sopa Images | Lightrocket | Getty ImagesNetflix is scheduled to report first-quarter earnings after the bell on Tuesday, and investors will be paying close attention to subscriber numbers, especially for its ad-supported tier.While Netflix…

Artur Widak | NurPhoto | Getty ImagesJohnson & Johnson reported adjusted earnings and revenue that topped Wall Street's expectations on Tuesday, and lifted its full-year forecast.J&J, whose financial results are considered a…

Brian Moynihan, CEO of Bank of America, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 17th, 2023. Adam Galica | CNBCBank of America on Tuesday reported first-quarter earnings and revenue that topped expectations on the…

David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, US, on Tuesday, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty ImagesGoldman…

Wells Fargo reported growing profits Friday as the bank benefited from higher interest rates, despite building up loan loss reserves.Here's how the bank did compared with Refinitiv estimates:Earnings per share: $1.23 per share GAAP versus…

A sign for the European Central Bank (ECB) outside the bank's headquarters in Frankfurt, Germany, on Thursday, Feb. 2, 2023.Alex Kraus | Bloomberg | Getty ImagesEuropean Central Bank policymakers are reconsidering the path of interest rate…

Citigroup reported rising net income and better-than-expected revenue for the first quarter, boosting its stock in premarket trading Friday.Here is how Citigroup's key metrics compared to expectations.$4.6 billion in net income versus $4.3…

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Global High Yield and Leveraged Finance Conference in Miami, Florida, US, on Monday, March 6, 2023.Marco…

Airbus A330 Neo widebody aircraft meant for Delta airlines being tested in Toulouse, France.Nurphoto | Nurphoto | Getty ImagesDelta Air Lines posted a wider loss than it previously estimated for the first three months of the year but…

LONDON — The U.K. economy flatlined in February as widespread industrial action and persistently high inflation stymied activity.Data on Thursday showed a steady GDP in February, missing consensus expectations of 0.1% growth. Both the…

Rent the Runway's losses narrowed in its fiscal fourth-quarter earnings reported Wednesday as the digital retailer continues to streamline its costs and work towards profitability.Despite the improvements the company has made, its fiscal…

Inflation cooled in March as the Federal Reserve's interest rate increases showed more impact, the Labor Department reported Wednesday.The consumer price index, a widely followed measure of the costs for goods and services in the U.S.…

A customer shops for eggs at a H-E-B grocery store on February 08, 2023 in Austin, Texas. Wholesale egg prices have begun declining more than 50% since December record highs according to Urner Barry data.Brandon Bell | Getty Images News |…

Nonfarm payrolls rose about in line with expectations in March as the labor market showed increased signs of slowing.The Labor Department reported Friday that payrolls grew by 236,000 for the month, compared to the Dow Jones estimate for…

Google headquarters in Mountain View, California, US, on Monday, Jan. 30, 2023. Alphabet Inc. is expected to release earnings figures on February 2.Marlena Sloss | Bloomberg | Getty ImagesCompanies announced nearly 90,000 layoffs in March,…

The initial public offering (IPO) of Avalon Technologies was subscribed 2.21 times on the final day of bidding process. The initial share sale received bids for 1,14,63,854 shares against 4,02,662 shares on offer by 5 pm on Thursday. The…

IT shares such as Wipro Ltd, TCS and Infosys have plunged up to 38% in a year as rising interest rates globally, economic slowdown and the ongoing Russia-Ukraine war took a toll on the spending of Indian IT firms. While shares of Wipro have…

The domestic equity market ended the truncated week on a positive note and extended its winning streak to the straight fifth session. After a weak opening, headline peers took a U-turn and returned to positive territory as the Reserve Bank…

Select popular stocks such as Mphasis, Dalmia Bharat, Royal Orchid Hotels, Metro Brands, PNC Infratech, KPR Mill, NCC, Vedant Fashions and CCL Products have seen fresh interest from the various domestic brokerage firms, who have recently…

Shares of Cholamandalam Investment and Finance Company Ltd rose sharply in Thursday's trade, extending their gains for the sixth consecutive session. The stock surged 8.25 per cent to hit its 52-week high of Rs 846 amid heavy volumes. The…

Adani Enterprises Ltd is likely to enter Sensex once HDFC-HDFC Bank merger is completed, said a report on Thursday. Quoting analysts' estimates, Economic Times reported IT firm LTI Mindtree Ltd is likely to make it to the benchmark Nifty in…

Shares of Indraprastha Gas Ltd (IGL) hit a fresh 52 week high today after amid gains in the broader market. Indraprastha Gas stock touched a fresh high of Rs 462.50, rising 4.31% on BSE. The share has gained after two days of fall. The…

Shares GM Breweries Ltd slipped in Thursday's trade after reporting earnings for the fourth quarter that ended March 31 this year (Q4 FY23) and announcing a dividend of Rs 6 per equity share. The company reported a net profit of Rs 35.10…

Shares of Singer India hit an upper circuit during the trading session on Thursday after the company announced a major change in its leadership. Rekha Jhunjhunwala, wife of late Rakesh Jhunjhunwala, is among the key shareholders of Singer…

Adani group stocks, led by flagship Adani Enterprises, jumped up to 6 per cent in Thursday's trade, with the group market capitalisation (m-cap) climbing nearly 34,000 crore to Rs 9 lakh crore mark. Three group shares Adani Green Energy,…

Shares of Axita Cotton extended their gains for the straight third session as the company bagged a major order from Bangladesh for Indian Raw Cotton. According to the company's exchange filing with the bourses, the order is worth $3.28…

In an unexpected move, the monetary policy committee decided to keep the repo rate unchanged at 6.5%. This decision is in contrast to what many economists had predicted. Since May last year, the central bank has increased the rate by 250…

WASHINGTON D.C., UNITED STATES - DECEMBER 26: The International Monetary Fund (IMF) building is seen in Washington D.C., United States on December 26, 2022. (Photo by Celal Gunes/Anadolu Agency via Getty Images)Anadolu Agency | Anadolu…