European shares hit highest since August on Credit Suisse, SAP
World shares pared back losses on Wednesday as positive earnings in Europe from Credit Suisse and investor support for SAP helped soothe worries that China has put broader stimulus on hold.
Nasdaq first-quarter profit surges 40% on tech unit
Nasdaq Inc reported a 39.5% jump in first-quarter profit on Wednesday as a pickup in the exchange operator’s non-transactional businesses, including market technology, overshadowed a softer trading environment.
Anthem beats earnings estimates, raises 2019 profit forecast
Anthem Inc’s first-quarter profit beat Wall Street estimates on Wednesday as it reined in expenses, and the U.S. health insurer raised its earnings forecast for the year.
Occidental offers to buy Anadarko in $57 billion deal, topping Chevron
Oil and gas producer Occidental Petroleum Corp on Wednesday offered to buy rival Anadarko Petroleum Corp in a $57 billion deal, topping Chevron Corp’s agreement to buy Anadarko for $50 billion.
Undeterred by Khashoggi murder, global executives return to Saudi Arabia
Global finance chiefs who boycotted a Saudi investment summit last year following the murder of journalist Jamal Khashoggi returned to Riyadh this week as the Gulf kingdom gets business back on track.
Older workers helped fuel recent U.S. growth. Can it last?
As a record-breaking economic expansion nears the decade mark, people like Marty Groth may determine whether it is forced into a lower gear.
Exclusive: Behind Airbnb’s bet on show business to hook travelers
Hollywood has a new suitor in Silicon Valley.
Biogen beats first-quarter profit estimates on Spinraza strength
Drugmaker Biogen Inc beat analysts’ estimates for first-quarter profit on Wednesday, boosted by higher sales of its growth driver Spinraza, even as its top-selling multiple sclerosis drug faces intensifying competition.
AT&T posts surprise gain in quarterly wireless phone subscribers
AT&T Inc on Wednesday posted a surprise gain in first quarter net wireless subscribers who pay a monthly bill, as it rolled out a series of price-cut promotions for smartphones.
Credit Suisse will receive Saudi banking license, finance minister says
A banking license to operate in Saudi Arabia will be issued to Credit Suisse, Mohammed al-Jadaan, the kingdom’s finance minister said on Wednesday.
