Economy

The bank noted that its "investment banking transaction backlog" decreased compared both year-on-year and quarter-on-quarter. The bank's trading division had net revenue of $3.36 billion in the first quarter, down 2 percent from a year earlier and down 7 percent from the fourth quarter.
  • United revamps crew booking policy after passenger dragged off plane

    United revamps crew booking policy after passenger dragged off plane

    Economy

    These women were not trying to attend a press conference or upscale business meeting, they were trying to board a long flight in which they would be sitting with little space around them. The passenger, Dr. David Dao, suffered a concussion and broken nose in the incident. "We all know that when airlines overbook, they offer passengers incentives to volunteer to give up their seats; United should never have escalated the situation and should have offered sufficient incentives to avoid this ...
  • Purplebricks Group (LON:PURP) Analyst Target Prices

    Economy

    It has outperformed by 3.52% the S&P500. The newest analyst ratings which are still in issue on Tuesday 18th of April state 0 analysts have a rating of "strong buy", 0 analysts "buy", 0 analysts "neutral", 0 analysts "sell" and 2 analysts "strong sell".
  • Bank of America beats Street 1Q forecasts

    Economy

    On the downside, overall loans were up less than 1% from the year-ago period at $906.2 billion, and were actually down slightly from the December period. Earnings per share came in at $0.41, an increase of 46% from last year's $0.28 per share. Trading has started 2017 strong, compared with a weak 2016 start.
  • North Korea threatens Donald Trump's US with 'all out WAR'

    Economy

    He has sent a navy strike group towards the Korean Peninsula , and the United States and South Korea are moving ahead with the early deployment of a controversial missile defence system. Dr. Hickey says maybe the USA has over-estimated how much China can actually do. The North Korean Vice Foreign Minister has blamed US President Trump for his bullish tweets.
  • New gender pay reporting won't close the gap, says Women's Equality Party

    Economy

    If we continue at this pace, women will not reach pay equity with men until 2152. Cyndi Ayonon, representing Kauai Mayor Bernard Carvalho, Jr., said it has been almost 48 years since the passage of the Equal Pay Act into law, making it illegal for employers to pay unequal wages to men and women who perform substantially equal work.
  • We won't consider OSCE report on referendum: Erdogan

    We won't consider OSCE report on referendum: Erdogan

    Economy

    The outcome has laid bare deep political divisions in Turkey and could have wider resonance in everything from Turkey's decades-old bid for membership in the European Union and Turkish interactions within North Atlantic Treaty Organisation to the US-led coalition fighting the Islamic State in neighboring Syria.
  • Indian tycoon Vijay Mallya arrested in UK on fraud charges

    Economy

    The liquor baron was arrested at 9.30 am London local time and produced in the Westminster court. While handing over the request, India had asserted that it has a "legitimate" case against Mallya and maintained that if an extradition request is honoured, it would show British "sensitivity towards our concerns".
  • Turkish President declares referendum victory with 51.5% Yes voters

    Economy

    The tightness of the final outcome of the referendum - 51.4 per cent "yes" to the constitutional changes and 48.59 per cent voting "no" - shows that the "no" voters would have been in the majority in any fairly conducted election. This means that election season is most likely just beginning. Brexit was a vote against precisely the kind of separation of politics from testy parliamentary and public scrutiny that Erdogan is now pursuing.
  • Telecom plus PLC (TEP) Price Target Raised to GBX 1380 at Macquarie

    Economy

    Carclo PLC (LON:CAR) had its stock rating noted as "Buy" by analysts at N+1 Singer. Since October 14, 2016, it had 60 buys, and 0 sales for $773,156 activity. This is a boost from UBM Plc's previous dividend of $5.40. Prudential Plc invested 0.02% in Anglo American plc (LON:AAL). Eagle Asset Management holds 0% or 13,888 shares.
  • Yen Hits 5-Month High vs Dollar on N. Korea Concerns

    Economy

    Asian stocks pulled back in early trade on Tuesday, while the dollar bounced back from a five-month low after the U.S. Treasury Secretary's comments supported a stronger currency, although escalating tensions over North Korea capped gains. "Concerns about U.S. -Sino trade frictions have eased for the time being", said Naoki Tashiro, the president of TS China Research. He also said the dollar was "getting too strong" and would eventually hurt the US economy.