The law, signed by President Donald Trump last month, has made fourth-quarter earnings a messy ordeal for big banks. It forces them to take one-time hits on earnings held abroad and changes the treatment of deferred tax assets, both of which affect Citigroup in particular. CitigrRead More »
Serco runs some court escort services. The collapse of Carillion has increased scrutiny of government ties to private contractors. Work carried out by major outsourcing firms, such as Serco and G4S, includes maintaining railways and running immigration detention centres.
The Saudi-backed government which rules parts of Yemen said on Tuesday it urgently needs a $2 billion deposit pledged by Riyadh in November, to stabilise a currency that hit new lows this week and save its people from starvation. Yemen has been divided by nearly three years of civil war between an internationally
(Reuters) - The Dow Jones Industrial Average raced past the 26,000 mark for the first time on Tuesday as fourth-quarter earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.
Facebook Messenger head David Marcus says the company will streamline the app after it became too cluttered.
Gains by health care companies helped lift U.S. stocks higher in afternoon trading Tuesday as investors sized up the latest company earnings and deal news. The gains briefly sent the Dow Jones industrial ...
UBM's shares rose over 5 percent, while Informa's stock remained largely unchanged. Informa will have until 5pm local time on Feb. 13 to make an offer or walk away for at least six months, in reference to UK Takeover Code rules.
New York-based Hudson River Trading is set to acquire Chicago rival Sun Trading, the two companies announced Tuesday. Consolidation is a trend in the trading industry amid low volatility and a lack of profit opportunities. Hudson River Trading, a New York-based trading firm, is going to acquire Chicago
Shares of Amazon (AMZN) surged over 2% on Tuesday to touch a new all-time intraday trading high of $1,339.94 per share after BMO Capital Markets analysts raised their price target for the e-commerce power. On top of that, online analytics firm One Click Retail detailed Amazon???s online grocery ascendance
GKN is under pressure from U.S. activist investor Elliott Advisors to open talks with Melrose despite having rebuffed the company's 405 pence per share cash-and-stock offer this month. "Any material change to the corporate and capital structure of GKN would lead the Trustees to reassess the
The dollar rose against a basket of the other major currencies on Tuesday as the euro eased from a three-year high as investors expect the European Central Bank to pare back its monetary stimulus this year. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket