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Morgan Stanley is due to release fourth-quarter earnings
The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.
BP to cut 4,700 jobs
BP has announced it is cutting 4,700 jobs from its global workforce.
Target says its holiday sales were better than expected β but its profits weren't
The big-box retailer's report indicates that deals and promotional events motivated shoppers.
Bank of America tops estimates on better-than-expected investment banking, interest income
Bank of America's results hinge on interest rates and their impact on net interest income.
Travel group HBX to test Europeβs IPO market with Spanish listing
Hotel room wholesaler could be valued at β¬5bn in first big European listing of the year
Medicare's new $2,000 cap on out-of-pocket drug costs could save patients thousands, AARP says
The AARP report suggests the spending cap could be huge for Medicare enrollees who take costly drugs for cancer, rheumatoid arthritis, and other conditions.
Inflation: still quite annoying
The direction of travel remains mostly sideways
Economy just about returns to growth after two months of contraction
The UK economy just about returned to growth in November after two months of contraction, the latest official figures show.
Listen to the barbarian at the UK investment trust gate
Boaz Weinsteinβs assault on a historic financial sector reveals an opportunity for other investors
The cold reality of developing Greenland
The potential for business seems huge but so are the challenges
UK councils say government βcanβt have it both waysβ on pension reform
Town halls in England and Wales warn that requirement to take βprincipal adviceβ from pools could create conflict of interest
Pension funds dabble in crypto after massive bitcoin rally
Interest from typically conservative schemes has grown following launch of US crypto ETFs
Managers roll out record number of defence funds in Asia-Pacific
A total of 15 military-themed funds launched in the region in 2024 compared with just one in 2023
Has China already reached peak oil?
The countryβs demand for crude seems to be plateauing sooner than expected. The implications are huge
Ardian raises largest fund to take advantage of PE exit drought
French firm closes $30bn vehicle to buy up unwanted holdings in funds from investors seeking to cash out
Goldman chief Solomon questions start-upsβ need to list
Investment bank boss says depth of private capital has removed imperative to go public