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Bank slashes 2023 European wholesale price by 30% as mild weather reduces demandHSBC has slashed its forecasts for future wholesale gas prices in response to mild weather in Europe – raising hopes of a sharp decline in household energy bills.The bankin…
JPMorgan Chase says its fourth-quarter profits rose 6% from a year ago, as higher interest rates helped the bank make up for a slowdown in deal-making in its investment bank.
Swedish Prime Minister Ulf Kristersson has denounced a protest by Kurds in central Stockholm where an effigy of Turkey’s president was hung from a lamppost as an act of sabotage against Sweden’s bid to join NATO.
Wells Fargo’s profit for the fourth quarter came in ahead of Wall Street’s targets but were about half of what it earned last year as the bank had to pay another $3.3 billion in fines and penalties to settle numerous scandals from recent years.
UnitedHealth Group’s fourth-quarter adjusted profit beat Wall Street’s expectations as its Optum and UnitedHealthcare segments strengthened.
Move marks shift in focus by Beijing as it tries to extend influence and keep sector in checkChina is to take “golden shares” in two of its biggest tech companies, Alibaba and Tencent, as Beijing extends its influence on the country’s star tech firms a…
‘Target compensation’ for CEO down from $99.4m in 2022 to an expected $49m for the current yearApple chief executive, Tim Cook, is expected to have his pay cut by almost 50% this year to about $49m (£40m) after the billionaire boss asked the company to…
Germany’s national statistics office says the country’s economy appears to have stagnated in the fourth quarter.
Jeremy Hunt is not getting carried away by November growth, and monthly GDP moves can be erraticUK economy grew by only 0.1% in NovemberBusiness live updates: UK may avoid 2022 recessionIn normal circumstances the fact that the UK economy eked out a bi…
The U.K. economy grew unexpectedly in November as the tight job market increased demand for employment services and soccer’s World Cup boosted hospitality.