U.S. stock index futures climbed on Tuesday as Bank of America and Johnson & Johnson reported upbeat earnings, while signs of uneven economic recovery in China and prospects of more Federal Reserve interest rate hikes capped gains.
AstraZeneca is confident that its new version of COVID-19 antibody treatment could protect immunocompromised patients against all known virus variants, its vaccines head said.
French conglomerate Bollore said on Tuesday it had entered into exclusive negotiations with French transport and shipping group CMA CGM [RIC:RIC:CMACG.UL] to sell its logistics unit.
Volkswagen is investing around 1 billion euros ($1.10 billion) in a new development and procurement centre for electric vehicles in Hefei, China, the company said on Tuesday, in a bid to better adapt its cars to Chinese customers’ tastes.
U.S. weapons maker Lockheed Martin Corp’s first-quarter results surpassed Wall Street targets on Tuesday despite parts and labor shortages, as simmering geopolitical tensions fueled demand from both U.S. and international customers.
Goldman Sachs Group Inc’s first-quarter profit fell 19% as sluggish dealmaking eroded the Wall Street giant’s fees from investment banking, while a partial sale of the loan portfolio of its consumer unit Marcus weighed on the results.
Bank of New York Mellon Corp beat first-quarter profit estimates on Tuesday, benefiting from the Federal Reserve’s rate hikes that boosted the lender’s interest income.
Top shareholder of HSBC renewed its call for breaking up of the Asia-focused bank on Tuesday, saying the lender has failed to address key business model challenges which has resulted in deterioration in its operating performance.
Bank of America Corp’s profit beat analysts’ estimates in the first quarter as it collected hefty interest payments from customers, while the lender’s traders extended their winning run.
Japanese automaker Nissan Motor aims to have seven electrified vehicle models by 2026 and 80% of its line-up to be electrified by 2030 in China, chief operating officer Ashwani Gupta said on the sidelines of the Shanghai auto show on Tuesday.
