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Photograph: iStock

Signs that soaring energy prices are putting a dampener on economic growth kept a lid on global stock market gains on Tuesday, while inflation and pol(...)

JPMorgan’s net income rose to $11.9 billion, or $3.78 per share, in the quarter ended June 30th, from $4.7 billion, or $1.38 per share, a year earlier. Photograph: Emmanuel Dunand/AFP/Getty

JPMorgan Chase & Co reported a 155 per cent jump in profit on Tuesday, getting a boost from the release of loss reserves and a surge in dealmaking(...)

‘We are committed to offering our employees the flexibility for hybrid working where role, tasks and location allow,’ UBS said. Photograph: iStock

UBS Group AG will permanently allow as many as two-thirds of its employees to mix working at home and the office, as it seeks a recruitment edge over(...)

A weak US jobs report alleviated concerns about rising inflation and potentially higher interest rates which would weigh on the valuations of growth companies. Photograph: AFP via Getty

European stocks closed at a record high on Friday, marking strong weekly gains as positive economic data and upbeat earnings underpinned hopes of a sw(...)

Credit Suisse’s share price has fallen by a quarter in the past month as investors assess the hit to the bank’s bottom line and credibility. Photograph: Chris J Ratcliffe/Getty Images

Credit Suisse on Tuesday announced an estimated loss of 4.4 billion Swiss francs (€3.97bn) from its relationship with Archegos Capital Management, sus(...)

Travel stocks continue to be hit hard, with Irish Ferries owner Irish Continental Group down 5.5 per cent to €3.40.

European stocks were hit by a sell-off in technology shares on Tuesday, as US peers slumped on fears of new coronavirus restrictions. A strong openin(...)

The bank’s net income fell to $4.69 billion, or $1.38 per share, in the quarter ended June 30th.

JP Morgan Chase & Co on Tuesday set aside about $10.5 billion (€9.2 billion) in reserves to cover a wave of potential defaults in the aftermath of(...)

a surge in litigation charges led Goldman Sachs to miss earning expectations for the second quarter in a row. Photograph: Justin Lane/EPA

Disappointing earnings updates from Bank of America and Goldman Sachs weighed on the S&P 500 banking sector even as the broader S&P 500 set a(...)

In New York, Google parent Alphabet rose 2.2 per cent after Pivotal Research upgraded the stock to “buy”. Photograph: Loic Venance/AFP

European shares slipped on Monday as investors continued to trim risky bets amid escalating tensions between the United States and Iran. Gains for in(...)

Japan-based SoftBank has taken control of WeWork in a bailout plan that will see the office-sharing startup’s co-founder Adam Neumann exit the board. Photograph: Timothy A Clary/AFP via Getty Images

Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put in place by top shareholder Japan’s SoftBank(...)

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