The U.K. bank posted a pretax operating profit of 1.82 billion pounds ($2.27 billion) compared with GBP1.25 billion for the year-earlier period.
Dow Jones Newswires: Deutsche Bank offers $512.5 million all-cash offer for London’s Numis
Under the deal, accepting shareholders of the London-based investment bank will get 350 pence for each share held. The price is a 72% premium to the share’s closing price of 204 pence on Thursday.
Dow Jones Newswires: Spain’s economy accelerated in first quarter, beating forecasts
Spanish gross domestic product expanded 0.5% from January to March compared with the previous quarter, accelerating slightly from the 0.4% growth rate registered in 2022’s fourth quarter.
: First Republic shares resume their slide as clock ticks on potential rescue
First Republic Bank stock loses a third of its value as reports surface of discussions with the government and banks.
Dow Jones Newswires: Sony profit up 15%, boosted by image sensors, music business
The Japanese entertainment and electronics company said that net profit for the quarter ended March 31 rose to 128.16 billion yen ($956.4 million) from Y111.08 billion a year earlier.
Dow Jones Newswires: Remy Cointreau warns of sharp fall in revenue in fiscal first half 2024, then recovery
The French cognac maker said it anticipates a sharp sales decline in the first half of fiscal 2024, due to weakness in the U.S. and high year-earlier comparisons, and a strong recovery in the second half driven
Dow Jones Newswires: Mercedes-Benz confirms outlook after higher profit and revenue
The German luxury car maker said net profit rose to 3.945 billion euros from EUR3.49 billion in last year’s first quarter. Revenue increased 7.6% to EUR37.52 billion.
Dow Jones Newswires: BOJ maintains easing, will review monetary policy
The bank said it will spend one year to 18 months on a review of monetary policy, as it left key interest rates unchanged.
Dow Jones Newswires: Chinese EV maker BYD sees first-quarter profit soar on strong sales
BYD Co. posted a more than five-fold rise in net profit for the first quarter, driven by strong sales growth.
MarketWatch First Take: Intel may have hit bottom, but Wall Street remains concerned about its margins
Intel CEO Pat Gelsinger says that even as the industry continues to navigate multiple global challenges and headwinds, the company was expecting “some modest recovery in the second half. ”
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