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European shares stabilized on Wednesday, July 28, thanks to encouraging results from some of the continent’s largest banks and companies, overcoming investor fears about a Chinese regulatory crackdown that has worried the market this week. The pan-European STOXX 600 index rose 0.1%, after two sessions of declines. Germany’s Deutsche Bank …

Apple reported strong earnings for the three months ending June 30 and Tuesday, July 27, and each of Apple’s major product lines grew more than 12% year-over-year. Apple sales are up 36% from the June quarter of last year, and iPhone sales are up nearly 50% year over year. Earnings …

The Nikkei index fell to its lowest level in nearly 6 months on Wednesday, July 28, as losses in the US stock market and concerns about the growing cases with the Coronavirus affected sentiment. The Nikkei index fell 1.39% to 27,581.66 points, close to its lowest level in about 6 …

Barclays announced second-quarter earnings on Wednesday, July 28, which amounted to 2.1 billion pounds, or about 2.9 billion dollars, compared to 90 million pounds in the second quarter of 2020. Analysts had expected a reported net profit of £1.7 billion in the three months to the end of June, according …

Deutsche Bank reported a total net profit of 692 million euros, or about $818 million, in the second quarter of this year, more than double what analysts had expected. The bank’s net profit for the second quarter was estimated to be in the region of 328 million euros, according to …

The United States Federal Reserve is holding its fifth policy meeting this year and it is expected that the discussion about the future of the massive asset purchases, as well as the increasing inflationary pressures, will take center stage in discussions amongst members of the Federal Open Market Committee (FOMC). …

The President of the United States, Joe Biden, has warned on Tuesday that the U.S. could go to an actual war with a major power due to cyberattacks. highlighting what Washington sees as growing threats posed by Russia and China. “I think it is more than likely we are going …

The U.S. Dollar (USD) continues to fluctuate after logging another loss against major peers on Tuesday, as risk appetite took a blow from concerns over the coronavirus Delta variant and losses across stock markets. The greenback declined on Tuesday, for the second consecutive session, with the Dollar Index (DXY) falling …

The main indices of the New York Stock Exchanges (NYSE) closed lower on Tuesday, ending a rally that saw new record highs on the back of positive earnings reports by some of Wall Street’s blue chips. Concerns over the spread of the Delta variant, which led the CDC to recommend …

Oil prices finished marginally lower on Tuesday, amid uncertainty and continued concerns about a potential downturn in demand recovery due to the spread of the Delta variant of the novel coronavirus. Despite the recent decision by the OPEC+ alliance to further ease output cuts and continue to raise production gradually …