Crunchmarkets’s info on the world of finance
Morgan Stanley, a leading investment bank, exceeded market predictions for their third-quarter profit, with each of its main sectors producing stronger revenue than anticipated. The financial institution reported: – Earnings: $1.88 per share, surpassing the London Stock Exchange’s forecast of $1.58 – Revenue: Reached $15.38 billion, outperforming the projected $14.41 […]
Luc Cohen and Nate Raymond have reported that an RTX unit has consented to pay upwards of $280 million to settle criminal accusations levelled by the U.S. Department of Justice. These accusations are part of an extensive investigation into alleged foreign bribery by the company. Representatives of RTX’s subsidiary, Raytheon, […]
Chinese e-commerce giant Alibaba is ramping up its global reach with a significant investment in its international business. The move comes as growth in its domestic-focused platforms Taobao and Tmall is slowing down. Alibaba has unveiled an upgraded version of its AI-powered translation tool under its international division. The company […]
Headline: Lufthansa to Pay $4M in Response to Alleged Discrimination Incident By David Shepardson In May 2022, a notable incident took place on Lufthansa Airlines that has brought significant attention to the airline’s handling of alleged discriminatory practices. As reported by the U.S. Transportation Department, Lufthansa has conceded to pay […]
Federal Reserve official, Christopher Waller, attended a Fed Listens event in Washington D.C. on September 23, 2022. Waller, who is a key player on the Federal Reserve Board of Governors, discussed the future of interest rates, suggesting that they may not be cut as drastically as they were in September. […]
On Monday, the stock market in Poland experienced a decline following the market close, with sectors such as , and contributing significantly to the dip in shares. In Warsaw, the stock market witnessed a 0.24% drop as the market closed. In the session, the standout performers were corporations like CCC […]
As the US election in 2024 approaches, former President Donald Trump and Vice President Kamala Harris are set to engage in a presidential debate on ABC on September 10. The outcome of this election could spell significant changes for various sectors, including airlines, banks, electric vehicle manufacturers, healthcare companies, media […]
“SpaceX, under the leadership of Elon Musk, achieved yet another engineering milestone during its fifth Starship test flight. This time, the rocket’s towering first stage booster, also known as “Super Heavy,” was returned to its Texas launch pad using large mechanical arms. This achievement is a significant step forward in […]
During a press conference on the sidelines of the National People’s Congress, Lan Fo’an, China’s Minister of Finance, along with Zheng Shanjie, Chairman of the National Development and Reform Commission (NDRC), and Pan Gongsheng, Governor of the People’s Bank of China (PBOC), discussed important financial matters. Lan Fo’an suggested there […]
Title: “Pemex’s Deer Park Refinery Operates at Reduced Level Following a Fatal Chemical Leak” Following a lethal chemical spill at Pemex’s Deer Park oil refinery near Houston, the Mexican state-owned oil enterprise has declared that the refinery will continue functioning at a diminished capacity over the weekend. This announcement was […]
