Markets

Wall Street analysts shrugged off Netflix Inc's weak third-quarter subscriber forecast, as it racked up a record number of users in the first half of the year, allaying worries about competition from new players such as Disney+ and HBO MAX.

U.S. homebuilding increased by the most in nearly four years in June amid reports of rising demand for housing in suburbs and rural areas as companies allow employees flexibility to work from home because of the COVID-19 pandemic.

REUTERS: Wall Street's main indexes were set to open higher on Friday as investors bet on more official stimulus to drive a post-pandemic economic revival, even as COVID-19 cases saw another record rise at home. BlackRock Inc, the world's largest asset manager, rose 1.8per cent in premarket ...

HSBC's global equities chief Hossein Zaimi is leaving the bank, sources said on Friday, in the latest revamp of the lender's embattled investment banking operations.

Nearly a third of more than 40 large companies seeking U.S. bankruptcy protection during the coronavirus pandemic awarded bonuses to executives within a month of filing their cases, according to a Reuters analysis of securities filings and court records.

REUTERS: U.S. stock index futures edged higher on Friday as investors bet on more official stimulus to drive a post-pandemic economic revival, even as COVID-19 cases saw another record rise at home. BlackRock Inc, the world's largest asset manager, rose 1.8per cent in premarket trading after ...

Major U.S. bank executives this week said they extended forbearance programs to millions of credit card, auto loan and mortgage customers who were financially hard hit by the coronavirus pandemic.

Retail investing is having a moment. Major U.S. brokerages that reported quarterly results this week cheered the self-directed day trading happening on their platforms as individuals with a bit of extra money and time on their hands during the coronavirus pandemic have been engaging more in markets.

BERLIN: The U.S. payments company Stripe is picking up some former Wirecard customers, an executive told Reuters. "It is difficult to count the impact of Wirecard, but we know that some former Wirecard customers switched to Stripe," said Matt Henderson, who oversees Europe, the Middle East and ...

EU antitrust regulators have temporarily suspended their investigation into the London Stock Exchange's US$27 billion bid for data and analytics company Refinitiv while waiting for the companies to provide requested data.