Mitsubishi UFJ’s Q2 earnings drops 70.5%
Mitsubishi UFJ (NYSE:MUFG), Japan’s largest lender by assets, reported a 70.5% decline in second-quarter net income due to the sale of MUFG Union Bank.
Written by: Aria Thomas
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Aria Thomas
Saudi Fund and BlackRock to Study Middle East Infrastructure
Saudi Arabia’s sovereign wealth fund and BlackRock (NYSE:BLK) will investigate Middle Eastern infrastructure projects, focusing on Saudi Arabia.
Written by: Aria Thomas
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BMW Expects Sales to Fall Because to Inflation
Due to high automobile prices, BMW recorded a quarterly net profit Thursday that was above forecasts, but cautioned that rising inflation and interest rates will hurt sales in the coming months.
Written by: Aria Thomas
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Airbnb Expects Fewer Christmas Quarter Bookings; Shares Fall
Airbnb Inc.’s shares fell 7% after the closing bell as it forecasted lower holiday quarter revenue due to a strong currency and declining reservations.
Written by: Aria Thomas
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European Stocks Rise; BP Reports Record Profits for the Third Quarter
BP (LON:BP) profits boosted European stock markets on Tuesday ahead of the Fed’s two-day policy-setting meeting.
Written by: Aria Thomas
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