SunTrust

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Alphabet’s cash is produced almost entirely by its search advertising business, which has been supplemented by strong growth from YouTube. Photograph: Getty
Google parent Alphabet overtakes Apple to become new king of cash

The corporate world has a new king of cash. The title for the company with the biggest financial reserves, held by Apple for a decade, has passed to G(...)

Snap: some remain cautious on the prospects for the loss-making company. Photograph: Reuters
Snapchat baby filter helps parent company to come of age

As many as 9 million people rushed to sign up to Snapchat, the vanishing messaging app, in recent months to see what their face might look like if the(...)

Facebook is launching a digital currency next week. Photograph: Lionel Bonaventure/AFP/Getty Images
Facebook shares rise as details of plan to launch digital currency emerge

Facebook’s shares climbed on Friday following reports detailing the company’s plans to launch a digital currency, due to be unveiled next week. Detai(...)

Irish solar energy has attracted increased levels of interest as improved technologies have made it possible to generate power from solar panels in the Irish climate
Irish solar energy developer BNRG strikes financing deal for US projects

Irish solar energy developer BNRG renewables has struck a financing deal for the first projects in a US portfolio which it predicts will grow to a tot(...)

Avolon chief executive Dómhnal Slattery has seen an encouraging response to its plan to borrow $300m from global banks. Photograph: Bloomberg via Getty Images
Avolon boosts unsecured loan to $500m after ‘strong support’

A strong response to its plan to borrow $300 million (€264.5 million) from global banks prompted Irish aircraft lessor Avolon to increase the debt to (...)

Citigroup chief executive Mike Corbatsaid that the “30 most common customer journeys”, such as ordering replacement bank cards and asking about statements, were “pretty easy to deal with”. Photo: Clodagh Kilcoyne
Citigroup chief expects machines to replace thousands of call centre jobs

Citigroup chief executive Mike Corbat has suggested that “tens of thousands” of people working in the US bank’s call centres are likely to be replaced(...)

US stocks sank on fears that the United States and China would not be able to reach a trade deal with less than a month left in their fragile truce.Photograph: Brendan McDermid/Reuters
EU slashing of growth forecasts causes European stocks to plunge

European shares fell sharply on Thursday, ending a seven-session run of gains as a batch of worrying trading updates in a wide range of sectors, and t(...)

SunTrust Bank headquarters in Atlanta, Georgia. Photograph: EPA/Erik S Lesser
BB&T to buy SunTrust in biggest US bank deal in a decade

US regional lender BB&T will buy rival SunTrust Banks for about $28 billion in stock, unveiling the biggest bank deal since the 2007-09 financial (...)

The benchmark S&P 500 and the Nasdaq hit all-time highs on Friday after Federal Reserve chair Jerome Powell said the central bank’s current approach to interest rate hikes were the best way to protect the US economic recovery. Photograph: Michael Nagle/Bloomberg
Stocks rally after Fed chair’s key speech while oil prices surge

Global equity markets rose on Friday after Federal Reserve chairman Jerome Powell expressed no surprises in a key speech outlining a steady course for(...)

Minister for Communications, Climate Action and Environment Denis Naughten: BNRG Renewables hopes he will set out the quantum of an annual auction for the years ahead. Photograph: Nick Bradshaw
Irish solar company BNRG breaks ground in US

Irish solar company BNRG Renewables has begun construction of a portfolio of 10 solar photovoltaic projects totalling 35 Megawatts (MW) in the US stat(...)

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