Handelsbanken Earnings Miss as Growing Costs Draw More Focus
Svenska Handelsbanken AB Chief Executive Officer Michael Green failed to put a lid on costs during the first quarter in his role, despite promises to make the lender more efficient.
Svenska Handelsbanken AB Chief Executive Officer Michael Green failed to put a lid on costs during the first quarter in his role, despite promises to make the lender more efficient.
Here are five things you need to know this morning.
Tesla Inc. shares surged after Elon Musk vowed to launch less-expensive vehicles as soon as late this year, easing concerns about disappointing earnings results and diminished growth prospects.
Intercontinental Exchange Inc. refused a request to introduce daily price limits on cocoa after futures surged this year, according to people familiar with the matter.
Some Standard Chartered Plc clients are increasingly favoring tangible assets like copper and oil, an approach that worries the UK bank’s chief strategist given the possibility that US interest rates might have higher to go.
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