(Reuters) – Bank of America Corp saw its earnings more than half in the second quarter as it set aside $ 5 billion against future credit losses in what its top boss called the “most tumultuous period since the Great Depression.” FILE PHOTO: A Bank of America building is seen …
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LONDON / SINGAPORE (Reuters) – Global stocks fell on Tuesday, oil sank and a security offer supported the dollar as tensions between China and the United States and new coronavirus restrictions in California kept a check on optimism in investors with the earnings season underway. FILE PHOTO: A street cleaning …
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SHANGHAI (Reuters) – Profits from China’s industrial companies rose for the first time in six months in May, suggesting that the country’s economic recovery is gaining ground and improving prospects for manufacturing investment and jobs. Workers wearing face masks after the outbreak of coronavirus disease (COVID-19) load steel products for …
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