Bank of America

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Bank of America’s Bull & Bear Indicator is at 0, denoting extreme levels of bearishness. File photo. Photograph: Jeremy Bales/Bloomberg

Stocks continued to advance last week, with the S&P 500 hitting its highest level since early March. However, while US equities have now recovered(...)

Eir and Phoenix will enter into a long-term agreement for the provision of hosting services over the infrastructure.

Telecoms provider Eir has sold its tower infrastructure subsidiary to US group Phoenix Tower International for €300 million. The sale of Emerald Towe(...)

Photograph: iStock

European stocks rose on Wednesday, while US stocks also advanced in early trading, amid upbeat quarterly earnings reports from retailers and hopes of (...)

Warren Buffett, chairman and chief executive of Berkshire Hathaway. Photograph: REUTERS/Kevin Lamarque/File Photo

Warren Buffett’s Berkshire Hathaway swung to a $49.7 billion (€44.8 billion) loss in the first three months of the year, as the sharp sell-off in glob(...)

The Boeing and  Embraer logos.  The collapse of the deal will  be seen as a blow to Boeing, which had moved to broaden its portfolio of aircraft to compete with European rival Airbus. Photograph: Getty Images

Embraer has accused Boeing of making false claims to justify walking away from a $4 billion (€3.7bn) deal to acquire the Brazilian group’s regional je(...)

JPMorgan said its commitment to companies in Europe “remains unwavering”. Photograph: Eduardo Munoz/Reuters

US banks are pulling back from lending to European companies during the coronavirus pandemic, fuelling concerns that Wall Street may be quietly withdr(...)

Photograph: iStock

5.9 – Bank of America’s latest fund manager survey shows cash levels have soared to 5.9 per cent, the highest since the 9/11 terrorist attacks. 27 – (...)

 Stocks have never closed the year higher after being down by more than 30%. Photograph: Getty Images

Just weeks after plunging into the fastest bear market in history, strategists are now asking: could the S&P 500 actually close higher in 2020? Th(...)

Sliding oil prices and grim predictions about the global economy dragged the Ftse 100 down

European shares closed firmly in the red on Wednesday, ending a five-day rally as the first batch of earnings reports underlined the business damage f(...)

Even with all the challenges, analysts expect Bank of America to weather the downturn better than its peers. File photograph: Getty

Citigroup reported a 46 per cent plunge in quarterly profit on Wednesday as the bank set aside nearly $5 billion (€4.59 billion) to prepare for an exp(...)

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