News

An ambassador of an African country to China has criticized the International Monetary Fund and the World Bank for restrictive lending policies.

Two experts see major challenges facing the adoption of Novo Nordisk and Eli Lilly's obesity drugs.

Two market experts tackle the appropriate appetite for risk during market ugliness.

Friday's report is the first major update since Citigroup announced a new corporate structure in September.

The head of the larges U.S. bank by assets cited the ongoing war in Ukraine as well as the attacks Hamas launched on Israel last weekend.

Wells Fargo on Friday surpassed Wall Street expectations in third-quarter earnings and revenue as the benefit from higher interest rates offset declining loan balances.

Ehang shares have nearly doubled in price this year, before trading was temporarily halted Monday pending a significant announcement.

Britain's top competition watchdog gave the green light to Microsoft's proposed $69 billion takeover of gaming firm Activision Blizzard Friday.

JPMorgan will be watched closely for clues on how the industry fared amid surging interest rates and rising loan losses.

China's trade slumped this year amid lackluster global demand for Chinese good and muted domestic demand.

Higher rates are expected to lead to a jump in losses on banks' bond portfolios and contribute to funding pressures.

Bank stocks remain under pressure due to high-interest rates, as financial firms like Club holdings Wells Fargo and Morgan Stanley kick off earnings season.