The leaders of Japan and China got off to a tense start but have made significant progress in turning around their relations in recent years.Asia Politicsread more
Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
Stocks in Asia were tepid in Tuesday morning trade, while investors looked toward to a meeting between U.S. President Donald Trump and Chinese President Xi Jinping set to...Asia Marketsread more
Chinese Vice Premier Liu He held a phone conversation with U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin, China's Ministry of Commerce...World Economyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
While earnings usually come in substantially ahead of expectations — as much as 4 or 5 percentage points is not unusual — the downward direction in the outlook doesn't speak...Earningsread more
U.S. President Donald Trump's senior adviser Kellyanne Conway will not testify before the House of Representatives Oversight Committee this week on her alleged violations of...Politicsread more
"We missed being the dominant mobile operating system by a very tiny amount. We were distracted during our antitrust trial. We didn't assign the best people to do the work,"...Technologyread more
PatientsLikeMe was bought by UnitedHealth following a review by Trump's Treasury Department, which scrutinized the start-up because it's backed by Chinese cash.Technologyread more
Some traders think the energy rally is about to wane, despite the sector being one of June's big winners.ETF Edgeread more
reported a sharp rise in its core capital ratio to 12.4 percent, as the bank took advantage of higher profits and a sale of a stake in investment company Eurazeo to beef up its financial position.
An improving economic activity in its core European markets, coupled with a slight increase in interest rates and cost cuts, helped drive its second-quarter net income up 17 percent to 1.35 billion euros ($1.60 billion).
"The economy is improving in our main markets, namely France and Italy, so I'm confident that we are on track to reach the financial targets that we have set for our medium-term plan for 2019," Jerome Grivet, the deputy managing director of Group Finance at Credit Agricole, told CNBC on Thursday.
Revenues fell 0.6 percent, as its asset manager and insurance business suffered quarterly outflows.
Its common equity tier one ratio, a key measure of financial strength, rose by 50 basis points compared to the end of March.
When asked whether Credit Agricole's pursuit of three Italian savings banks had been endangered by the recent government friction between Paris and Rome, Grivet replied: "Discussions are a little bit long because it is technically complex, but we didn't feel any bad will in this discussion linked to political context."
On Tuesday, Credit Agricole confirmed to the Italian authorities it would still be interested in acquiring three small regional banks. The deal, previously expected to be closed this week, includes the acquisition of Italy's Cesena, Rimini and San Miniato saving banks.
French President Emmanuel Macron appeared to anger Rome last month when he blocked Italian shipbuilder Fincantieri's takeover bid for STX France shipyards.
In a joint statement on Tuesday, the two countries said STX France would not be open to other bids until September 27. Italian Finance Minister, Pier Carlo Padoan, said there was still time to find a solution.