JPMorgan beats estimates on trading boost, but loan losses loom
JPMorgan Chase & Co beat Wall Street estimates for profit in the second quarter due to a surge in trading...
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Citigroup quarterly profit tumbles 73% as loan loss provisions surge
Citigroup Inc reported a nearly 73 per cent plunge in quarterly profit on Tuesday as the bank set aside US$5.6...
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UK bans China’s Huawei from 5G networks, handing US big win
LONDON: Prime Minister Boris Johnson on Tuesday (Jul 14) ordered Huawei equipment to be purged completely from Britain's 5G network...
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Gasoline powers US inflation; rising COVID-19 cases seen tamping down demand
U.S. consumer prices rebounded in June after three straight monthly declines as businesses reopened, but the underlying trend suggested inflation...
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Wells Fargo swings to US$2.4 billion loss as pandemic bites
Wells Fargo & Co swung to a loss in the second quarter after setting aside US$9.5 billion to cover potential...
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Nokia says ready to replace Huawei in UK ‘at scale and speed’
Finnish telecom gear maker Nokia is ready to replace Huawei equipment in Britain, the head of Nokia Britain said on...
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Golf: No roars as Tiger makes return to sounds of silence
REUTERS: Tiger Woods makes his long-awaited return to competitive golf at the Memorial Tournament in Dublin, Ohio this week and...
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Thailand’s AIS says Huawei among five companies tendering to build 5G core networks
Thailand's Advanced Info Service Pcl said on Tuesday Huawei Technologies is among five companies tendering to build its 5G core...
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Blades boss Wilder unconcerned by top-four talks
Sheffield United will not be distracted by talks of securing a top-four finish, with their attention focused solely on Thursday's...
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Briton Varnish loses employment tribunal appeal
Former British cyclist Jess Varnish's employment tribunal appeal against the sport's national governing body has been dismissed, it was announced...
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Bournemouth boss Howe believes result possible at City
Bournemouth manager Eddie Howe believes his relegation-threatened side can pull off a shock and get something out of Wednesday's daunting...
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TikTok’s US users prepare for life without the video app
Ty Gibson, 20, of Greensboro, North Carolina, brushed off speculation last week on TikTok that his favorite video sharing platform...
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Singapore’s Q2 GDP expected to be slightly less grim when June reopening is taken into account: Economists
SINGAPORE: Singapore's grim gross domestic product (GDP) for the April to June period could see a slight upward revision when...
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Tokyo Games liked to be pared down, says JOC chief
The rearranged Tokyo Olympics are likely to be a pared-down version of recent editions of the four-yearly Games, Japanese Olympic...
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Newcastle captain Lascelles doubtful for Spurs game
Newcastle United could be without captain Jamaal Lascelles for their Premier League game at Tottenham Hotspur on Wednesday due to...
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Indian IT hub Bangalore locks down again
BANGALORE: India's IT hub Bangalore will go back into lockdown Tuesday (Jul 14) as the number of coronavirus cases in...
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Delta trims August flights amid resurgent virus, CEO says demand ‘at a stall’
Delta Air Lines warned on Tuesday it will be more than two years before the industry sees a sustainable recovery...
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China eases Macau’s COVID-19 border restrictions, shares in casino operators jump
HONG KONG: China has loosened coronavirus-related border restrictions between Macau and the neighbouring coastal province of Guangdong, sending shares of...
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China to sanction Lockheed Martin over Taiwan arms sale
BEIJING: China will put sanctions on Lockheed Martin for involvement in the latest US arms sale to Chinese-claimed Taiwan, China...
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Chongqing city district says it discussed projects with Tesla
U.S. automaker Tesla Inc has met with officials from a district in the city of Chongqing in southwestern China to...
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