Finance
Royal Bank of Canada Q4 earnings beat as higher interest rate lifts margins
Supported by double-digit income growth in key business segments, Royal Bank of Canada (RY) Wednesday reported stronger than expected fourth-quarter…
Tesla stock falls on 70% sales plunge in China
In the world’s largest automobile market, China, Tesla (TSLA) managed to sell only 211 cars in October, Reuters reported on…
Bank of Nova Scotia posts Q4 revenue and earnings growth
The Bank of Nova Scotia (BNS), also known as Scotiabank, reported growth in revenue and earnings for the fourth quarter…
Logitech drops plans to acquire Plantronics
Logitech International SA (LOGI) dropped its plans to acquire Plantronics Inc. (PLT) over price issues, according to a report by…
Goldman Sachs sees good time for commodities post G20 summit
According to Goldman Sachs, oil, gas and base commodities will position themselves as attractive investments as it forecasted a 17%…
Mastercard, Visa slip after decision to cut controversial fees in EU
Every year, retail merchants witness a sharp increase in the number of electronic transactions during holiday shopping, a trend that…
Crypto losses hit $700 billion as Bitcoin sees worst week
Bitcoin is slipping and how. On Friday, the cryptocurrency and its peers slid marking a 24% decline since Nov. 16…
Goldman Sachs defends 1MDB fraud charges, passes buck to ‘rogue’ staff
Giving a new twist to the controversy surrounding its involvement in the infamous 1Malaysia Development Berhad scandal, Goldman Sachs (GS)…
Softbank pours another $3 billion into WeWork
New York-based WeWork said it will receive $3 billion in funding, in yet another investment from its already biggest financier…