Headline News
US inflation expectations ease a tad in July, University of Michigan says
Consumer sentiment in the US remained little changed in July, although expectations for price gains did ease a tad, the results of a closely followed survey showed.
Unilever to cut third of office roles in Europe - report
Unilever is reportedly planning to cut a third of all office roles in Europe by the end of next year, as the company’s new chief executive forges ahead with his plan to boost growth at the struggling consumer goods giant.
Citigroup posts higher Q2 revenues and profit, lifts dividend
Citigroup posted higher quarterly revenues and profit, alongside an increased dividend.
JP Morgan reports big jump in Q2 revenues and profit, but cautions on tail risks
JP Morgan posted big increases on both its top and bottom lines, even as its boss continued to call attention to the potential risks on the horizon.
Rio Tinto eyeing up possible mega deal - report
Blue chip miner Rio Tinto is understood to be eyeing up a list of possible takeover targets, it was reported on Friday, including Canada’s Teck Resources.
SoftBank snaps up UK chipmaker Graphcore
SoftBank Group has snapped up UK start-up Graphcore, it was confirmed on Friday, as the Japanese tech giant continues to expand into artificial intelligence.
Outflows mount at Ashmore on 'subdued' risk appetite
Assets under management at Ashmore Group fell in the last quarter, the specialist fund manager said on Friday, on the back of weaker investor sentiment.