Afterpay annual loss halves as U.S. sales soar
(Reuters) – Australian buy now, pay later (BNPL) firm Afterpay Ltd (APT.AX) said on Thursday its full-year loss narrowed 54%, as sales in [...]
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ABN Amro exits trade, commodity finance in corporate bank shake-up
AMSTERDAM (Reuters) – ABN Amro (ABNd.AS) is to end all trade and commodity financing after a string of losses, in a massive overhaul [...]
Facebook beats estimates for quarterly revenue, user growth
(Reuters) – Facebook Inc (FB.O) beat analysts’ estimates for quarterly revenue on Thursday, as businesses used its digital advertising tools to tap a [...]
JPMorgan profit sinks as loan loss provisions surge
(Reuters) – JPMorgan Chase & Co reported a more than 50% drop in second-quarter profit on Tuesday, as the coronavirus pandemic weighed on [...]