CVS Health surpassed Wall Street’s profit expectations despite challenges from rising costs in its insurance division. The company reported earnings of $1.64 billion, or $1.30 per share, for the quarter ending December
Cybereason Inc.’s CEO, Eric Gan, has filed a lawsuit against two major investors—former Treasury Secretary Steven Mnuchin and the SoftBank Vision Fund (SVF)—alleging that their rejection of critical financing proposals is pushing
U.S. President Donald Trump’s 25% tariffs on steel and aluminium pushed gold prices to record highs amid concerns over escalating trade conflicts and inflationary pressures. While some countries held out hope for
Hungary’s MET Gas and Energy Marketing will step in to supply gas to Moldova’s breakaway pro-Russian region of Transnistria, after the enclave rejected further European Union (EU) assistance. This decision comes after
Toronto-Dominion Bank (TD) is set to raise approximately $14 billion through the sale of its entire stake in Charles Schwab Corp., as part of a strategic corporate overhaul following a historic U.S.
Europe’s financial sector must start preparing for the potential risks posed by quantum computers, which could break current encryption methods that protect sensitive data, a Europol-led body warned on Friday. The group,
The Governor of India’s central bank, Sanjay Malhotra, issued a strong warning on Friday regarding the rising instances of fraud in digital payments, urging financial institutions to take proactive steps against cyber
The Bank of England’s (BOE) Monetary Policy Committee (MPC) has reduced interest rates to a 19-month low, lowering its benchmark rate by 25 basis points to 4.5%. This marks the lowest rate
A consortium proposing to take Seven & i Holdings Co. private has enlisted Citigroup Inc. and Bank of America Corp. for financing, adding to the growing number of participants in the management
Mondelez International, the parent company of Cadbury, has issued a forecast indicating a larger-than-expected decline in its annual profit, reflecting pressures from higher costs, particularly surging cocoa prices. The warning sent the
