Morgan Stanley posted a 57per cent rise in fourth-quarter profit on Wednesday, as the Wall Street bank's trading business benefited from coronavirus-induced volatility in financial markets.
U.S. President-elect Joe Biden on Wednesday will revoke the permit needed to build the Keystone XL oil pipeline after being sworn into office, aides said, dashing Ottawa's hopes of salvaging a project that the struggling Canadian crude sector has long supported.
U.S. supermarket chain Kroger Co said on Wednesday it had blocked Indiana Oath Keepers, a far-right militia group, from receiving donations collected from customers after drawing flak from a number of social media users.
Merck KGaA's drug development programme has suffered a setback with the most important clinical trial of its cancer drug hopeful bintrafusp alfa stopped because the treatment does not appear to work.
Morgan Stanley posted a 57per cent rise in fourth-quarter profit on Wednesday, as the Wall Street bank's trading business benefited from coronavirus-induced volatility in financial markets.
STOCKHOLM: Swedish telecom operators are planning to cover almost the entire country with 5G in the next two to three years after the spectrum auction was conducted by the telecom regulator PTS. The auction, which was delayed twice - once for security review and the second time over a...
Morgan Stanley posted a 57per cent rise in fourth-quarter profit on Wednesday, as the Wall Street bank's trading business benefited from coronavirus-induced volatility in financial markets.
U.S. stock futures neared record highs on Wednesday, as Joe Biden prepared to take charge as U.S. President at his inauguration, while Netflix soared after saying it will no longer need to borrow billions of dollars to finance its TV shows and movies.
Procter & Gamble Co raised its full-year sales forecast for a second time on Wednesday as the consumer products giant benefited from a sustained high level of demand for its home care and cleaning products due to the COVID-19 pandemic.
Daimler AG's Mercedes-Benz on Wednesday unveiled the EQA, a new electric compact SUV as part of plans to take on rival Tesla Inc and offer more emission-free vehicles to consumers to meet targets in Europe and China.
