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Morgan Stanley profit drops 14% as deal drought persists

Morgan Stanley's profit beat estimates as growth in its wealth management business offset lower trading revenue in the second quarter, and executives expressed optimism about the economic environment.

New-york , United-states , Bengaluru , Karnataka , India , Mehnaz-yasmin , James-gorman , Arun-koyyur , Lananh-nguyen , Niket-nishant , Tatiana-bautzer , Reuters

Bank of America profit beats on boost from interest income, investment banking

Bank of America's second-quarter profit beat Wall Street estimates as it earned more from customers' loan payments while investment banking and trading fared better than expected.

Bengaluru , Karnataka , India , United-states , New-york , America , Alastair-borthwick , Saeed-azhar , Lananh-nguyen , Jeremy-barnum , Manya-saini , Brian-moynihan

Denmark looking to contribute to Amazon Fund, Brazil says

Brazilian President Luiz Inacio Lula da Silva said on Tuesday that Danish Prime Minister Mette Frederiksen has told him that her country wants to contribute to the Amazon Fund, a Brazil-led initiative aimed at fighting deforestation.

Brussels , Bruxelles-capitale , Belgium , Norway , Brazil , France , United-kingdom , Spain , Denmark , Germany , British , Danish

CNN News Central

agencies, the justice department is clearly one of them. >> yeah. so the contrast couldn't be more raw and relevant, right. what he is proposing with this theory or this plan, however you want to characterize it f he's re-elected, is very simply the elevation of the presidency above the law. for the first time in this country, we will have a president who cannot be held accountable, who does not respond to any sort of oversight, and who does so by populating the institutions of government with sick ka fins and people who are politically beholden to the president, rather than dedicated to the constitution and the rule of law. that should be terrifying to every american, despite what political side you find yourself on. this is not something that will simply provide donald trump with an enormous degree of protection from the crimes he's been accused of, but will apply to

Justice-department , Justice , Couldn-t , Plan , Theory , Agencies , Above-the-law , Contrast , Elevation , It-f , One , Who-cannot-be

Old Cold War tool could help in new era of tension

U.S. President Joe Biden last week trumpeted the unity of the NATO alliance in the face of Russia’s invasion of Ukraine. Rich democracies need similar cohesion in the economic sphere to manage the dangers of a quasi-Cold War with China.

United-kingdom , Ukraine , Australia , United-states , Germany , London , City-of , Netherlands , Russia , Florida , Beijing , China

India's HDFC Bank posts bigger-than-expected jump in Q1 profit

HDFC Bank , India's largest private lender, on Monday reported a bigger-than-expected 30% jump in first-quarter profit, helped by higher net interest income (NII) and strong loan growth.

India , Mumbai , Maharashtra , Siddhi-nayak , Chris-thomas , Thomson-reuters-trust-principles , Reuters , Housing-development-finance-corp , Thomson-reuters-trust , Mtpix , Bact , Bisv

EU may still loan Tunisia $1 bln if it secures IMF support

The European Union could still lend Tunisia's battered economy 900 million euros ($1.0 billion), an EU official said on Monday, but further talks will be in the third quarter and depend on a deal with the International Monetary Fund (IMF).

Brussels , Bruxelles-capitale , Belgium , Tunisia , Julia-payne , Andrew-cawthorne , Kais-saied , International-monetary-fund , European-commission , European-union , Thomson-reuters-trust-principles , Reuters

Column: Funds boost CBOT corn shorts amid huge US acres and critical rain

Chicago-traded corn futures have held up relatively well considering the flip to wetter weather in the U.S. Corn Belt and the revelation that U.S. farmers have planted much more corn than expected.

Brazil , Canada , Naperville , Illinois , United-states , Russia , Black-sea , Oceans-general- , Oceans , Canadian , Karen-braun , Us-department-of-agriculture

Major Gulf bourse in red on falling oil prices

Major stock markets in the Gulf were subdued in early trade on Monday tracking oil prices lower, with the Dubai index on course to snap five sessions of gains.

Riyad , Ar-riya- , Saudi-arabia , Qatar , China , Libya , Japan , Bengaluru , Karnataka , India , Beijing , Dubai

Insight: Race towards 'autonomous' AI agents grips Silicon Valley

Around a decade after virtual assistants like Siri and Alexa burst onto the scene, a new wave of AI helpers with greater autonomy is raising the stakes, powered by the latest version of the technology behind ChatGPT and its rivals.

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