The dollar is creeping back to multiyear highs and Treasury yields are firmer after the Federal Reserve suggested it remained on course to lift official borrowing costs later this year.
FRANKFURT - Deutsche Bank, the European bank with the largest presence on Wall Street, said on Thursday that net profit more than tripled in the second quarter.
LONDON - Royal Dutch Shell said on Thursday that its profit fell sharply in the second quarter as a strong performance in marketing and refining failed to offset the brunt of lower oil and gas prices.
BEIJING Baidu Inc, China's biggest internet search engine company, said on Thursday it will buy back shares worth $1 billion after the company's stock price slid following a weak earnings report earlier this week.
Patience is a rare investor virtue. Mark Zuckerberg thinks he has the track record to ask for it. Facebook Inc. had just reported second-quarter revenue Wednesday that beat analysts' estimates, and on a conference call some of the same analysts asked ...