Bank of America Corp. traders reported their best third-quarter results in more than a decade while net interest income topped analysts’ estimates as the lender continues to reap the benefits of Federal Reserve rate hikes and volatile markets.
A Spanish court is set to probe allegations that a unit of Iberdrola SA and and four of its executives manipulated electricity prices a decade ago.
EQT AB is looking to make selective additions to its suite of investment strategies, amid a quickening wave of consolidation in the private equity industry.
Ukraine’s military said missile strikes on Russian airfields in the occupied Luhansk in the east and Berdyansk on the Sea of Azov destroyed nine Russian helicopters, an air-defense missile unit and an ammunition depot as well as damaging the runways of both airfields. Russia’s military hasn’t commented.
Goldman Sachs Group Inc. posted a second straight quarter of real estate writedowns and a continued dealmaking slump, leaving the firm’s profitability at about half the level it’s targeting.
Nishad Singh, the former director of engineering at FTX, faces cross-examination at the Sam Bankman-Fried trial Tuesday.
Schaeffler AG’s €3.64 billion ($3.8 billion) plan to buy Vitesco Technologies Group AG has sparked resistance from prominent minority shareholders including David Einhorn who argue the offer undervalues the target, according to people familiar with the matter.
ASML Holding NV said new updates to US export curbs that are designed to block China’s access to highly advanced semiconductor technology will lower its sales to the Asian country in the medium to long term.
President Xi Jinping said the Belt and Road Initiative has a “golden decade” ahead, welcoming Russian President Vladimir Putin and other delegates at a forum aimed at reinvigorating what Xi has called a “project of the century.”
A federal judge on Monday barred Donald Trump from making public statements “targeting” prosecutors, court staff and potential witnesses and their testimony in the federal election obstruction case against him in Washington.
