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A man looks at the Acropolis and the cityscape in Athens, Greece, April 12, 2024.

Greece's economy to grow by 2.1% in 2024 - think tank ΙΟΒΕ

Reuters |Updated 7 minutes ago |1 min read

ATHENS (Reuters) - Greece's economy will grow by 2.1% (pvs forecast 2.4%) this year under a baseline scenario, the country's influential think-tank IOBE said on Tuesday, downwardly revising its previous estimate in January. The new projection is ...

 Oil production equipment is seen in a Halliburton yard in Williston, North Dakota, U.S., April 30, 2016.

Halliburton beats Q1 profit on growing international strength

Reuters |Updated 8 minutes ago |1 min read

(Reuters) - Halliburton beat first-quarter profit estimates on Tuesday as higher drilling demand from international markets helped the oilfield services firm counter a slowdown in North America. The Houston, Texas-based company posted an adjusted ...

A Raytheon Technologies (RTX) logo is pictured during the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 19, 2023.

RTX profit jumps 20% on aviation strength, military demand

Mike Stone, Pratyush Thakur |Updated 8 minutes ago |2 min read

By Pratyush Thakur and Mike Stone (Reuters) - Aerospace and defense major RTX on Tuesday reported a 20% jump in its first-quarter profit, helped by robust commercial aftermarket business and military equipment demand. The Arlington, ...

The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021.

General Motors beats quarterly results targets, raises forecast

Nora Eckert |Updated 5 minutes ago |3 min read

By Nora Eckert DETROIT (Reuters) - General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles. The Michigan automaker upped its ...

Wells Fargo CEO and President Charles W. Scharf, Bank of America Chairman and CEO Brian Thomas Moynihan, JPMorgan Chase Chairman and CEO Jamie Dimon, Citigroup CEO Jane Fraser, State Street CEO Ronald O'Hanley, BNY Mellon CEO Robin Vince, Goldman Sachs CEO David Solomon and Chairman and CEO of Morgan Stanley James Gorman raise their hands during a U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023.

Goldman and BofA face renewed calls to split CEO, chairman's roles

Ross Kerber, Saeed Azhar |Updated 28 minutes ago |4 min read

By Saeed Azhar and Ross Kerber NEW YORK/BOSTON (Reuters) - Goldman Sachs and Bank of America will face challenges on Wednesday as proxy advisers recommend investors vote for the banks to separate their CEO and chairman's roles, in an effort to ...

People walk past a Natwest Bank branch in central London, Britain November 22, 2023.

NatWest CEO sees 'material opportunities' in AI

Reuters |Updated 28 minutes ago |1 min read

LONDON (Reuters) - Britain's NatWest has identified more than 100 priority areas where Artificial Intelligence (AI) can be used to simplify the bank and boost efficiency following a bank-wide review, Chief Executive Paul Thwaite said on Tuesday. ...

A Chinese national flag flutters outside the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China July 9, 2021.

Exclusive-China turns the heat up on cross-border investments in local govt debt, sources say

Xie Yu |Updated 37 minutes ago |4 min read

By Xie Yu HONG KONG (Reuters) - Chinese regulators are inspecting the use of a cross-border mechanism to invest in debt-laden local governments' offshore bonds, two sources said, indicating a ramping up of efforts to contain financial risks in a ...

David Ellison attends the U.S. premiere of Transformers: Rise of the Beasts, at Kings Theater in New York, U.S., June 5, 2023.

Silicon Valley and Hollywood worlds collide as David Ellison bids for Paramount

Dawn Chmielewski |Updated 38 minutes ago |4 min read

By Dawn Chmielewski (Reuters) - David Ellison, 41, would not be the first rich guy to arrive in Hollywood with a fat bank account and dreams of making movies, though the son of billionaire Oracle founder Larry Ellison boasts the rarest of ...

View of the GE Aerospace chalet at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 22, 2023.

GE Aerospace lifts 2024 profit forecast on strong sales of engine parts, services

Reuters |Updated 5 minutes ago |2 min read

(Reuters) - GE Aerospace on Tuesday raised its full-year profit forecast on strong demand for jet-engine parts and services as carriers keep their older planes in the air to tide over a shortage of new commercial aircraft. The company now expects ...

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022.

Trump poised to clinch $1.3 billion social media company stock award

Echo Wang |Updated 47 minutes ago |3 min read

By Echo Wang (Reuters) - Donald Trump is set to secure on Tuesday a stock bonus worth $1.3 billion from the company that operates his social media app Truth Social, equivalent to about half the majority stake he already owns in it, thanks to the ...

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