Business

Delta Air Lines Inc. DAL, -0.99% Shares fell nearly 1% in premarket trading on Tuesday after the airline reported second-quarter losses that were more extensive than expected. Delta’s net loss was $ 5.72 billion, or $ 9.01 per share, after net income of $ 1.44 billion, or $ 2.21 per …

LONDON – Britain announced Tuesday that it would ban the Chinese tech giant Huawei’s team from the country’s high-speed wireless network, a victory for the Trump administration and a reversal of an earlier decision highlighting how technology has taken center stage. in deepening divide between Western powers and China. In …

Pedestrians pass by a Citibank branch in Washington, DC Andrew Harrer | Bloomberg | fake pictures Citigroup reported second-quarter results on Tuesday that beat analysts’ expectations thanks in part to a massive surge in business revenue that helped offset a slowdown in the company’s consumer banking business. This is how …

We have geopolitical tensions to add to a plate of investor concern filled with COVID-19 concerns. However, US stocks point to a rally for Tuesday, after a slow start to the week. Our call of the day from Nordea’s chief macro strategist, Sebastien Galy, says it’s time to be more …

(Bloomberg) – Google is in advanced talks to buy a $ 4 billion stake in Indian billionaire Mukesh Ambani’s tech company, people familiar with the matter said, seeking to join rival Facebook Inc. in pursuit of growth. in a promising internet market. The Mountain View, California-based titan has been discussing …