Goldman tracking ahead of $5 billion revenue goal by 2020
Goldman Sachs Group Inc is tracking ahead of its goal to generate $5 billion in additional annual revenue by 2020 as growth initiatives bear fruit, its new finance chief said on Monday.
European shares dip on rate, trade worries
European shares eased on Monday as last week’s rebound ran out of steam on investor nervousness over fast-rising U.S. interest rates and Washington’s trade dispute with Beijing.
Exclusive: Sears nears bankruptcy financing deal without Lampert’s hedge fund – sources
Sears Holdings Corp is nearing a deal with new lenders to increase a bankruptcy financing package to as much as $600 million, from $300 million, without Chairman Eddie Lampert’s hedge fund contributing, people familiar with the matter said on Monday.
Stocks little changed ahead of midterms, Fed; oil up
An index of stocks on major markets were flat on Monday, following four days of a bounce-back from a 14-month low, ahead of a key vote to define the power balance in Washington and a meeting of the U.S. monetary policy makers.
Iran lost around $2 billion in oil revenues since May, U.S. official says
Iran has lost around $2 billion in oil revenue since May, when U.S. President Donald Trump pulled out of the nuclear deal, U.S. Special Representative for Iran, Brian Hook, told reporters on a call on Monday.
Lowe’s shuts 51 stores in U.S. and Canada
Home improvement chain Lowe’s Companies Inc announced the closure of another 51 underperforming stores in the United States and Canada on Monday as it strives to compete with rival Home Depot Inc in a slowing housing market.
U.S. reimposes tough curbs on Iran, Tehran hits at ‘bullying’
The United States imposed strict sanctions targeting Iran’s oil, banking and industrial sectors on Monday and threatened more action to stop Tehran from pursuing “outlaw” policies, steps the Islamic Republic condemned as economic warfare and vowed to d…
Iran tells U.N. chief: U.S. should be held accountable over sanctions
The United Nations should hold the United States accountable for re-imposing sanctions on Monday to choke off Iran’s oil and shipping industry, measures that defy a U.N. Security Council resolution, Iran’s U.N. ambassador wrote in a letter to Secretary…
Goldman tracking ahead of $5 billion revenue goal: CFO
Goldman Sachs Group Inc is tracking ahead of its goal to generate $5 billion in additional annual revenue by 2020 as growth initiatives bear fruit, and sees opportunities to grow its businesses further, its new finance chief said on Monday.
Takeda CEO confident of investor backing for $62 billion Shire deal
The boss of Japan’s Takeda Pharmaceutical said on Monday he was confident of securing investor backing for its $62 billion acquisition of London-listed Shire , despite some shareholders’ fears about the resulting debt burden.
