Election results: Labour’s left wing demand change from Sir Keir Starmer after ‘shattering’ Hartlepool defeat

Sir Keir Starmer is facing calls to “change direction” from Labour’s left wing after he became the first leader to see the party lose Hartlepool in 47 years. Labour suffered a “shattering” defeat in Thursday’s by-election as they lost out

JPMorgan profit leaps after reserve release boost

(Reuters) -JPMorgan Chase & Co’s earnings jumped almost 400% in the first quarter, blowing past estimates as the largest U.S. bank released more than $5 billion in reserves it had set aside to cover coronavirus-driven loan defaults.FILE PHOTO: A J.P.

Deutsche Bank first-quarter investment bank revenue up 20% so far

FILE PHOTO: The logo of Deutsche Bank is pictured on a company’s office in London, Britain July 8, 2019. REUTERS/Simon DawsonFRANKFURT (Reuters) – Deutsche Bank board member Fabrizio Campelli said on Thursday that the investment bank is off to a

DoorDash revenue jumps in first quarterly results since IPO

FILE PHOTO: A DoorDash sign is pictured on a restaurant on the day they hold their IPO in the Manhattan borough of New York City, New York, U.S., December 9, 2020. REUTERS/Carlo Allegri(Reuters) – Food delivery company DoorDash Inc on

Home Depot beats quarterly same-store sales estimates

FILE PHOTO: The logo of Home Depot is seen in Encinitas, California April 4, 2016. REUTERS/Mike Blake/File Photo (Reuters) – Home Depot Inc beat quarterly same-store sales estimates on Tuesday, riding a sustained wave of demand for home improvement goods

Halliburton profit beats estimates on cost cuts, demand recovery

(Reuters) – Halliburton Co posted a better-than-expected fourth-quarter profit on Tuesday, buoyed by cost cuts and a recovery in demand for oilfield equipment and services after last year’s industry slump.FILE PHOTO: Halliburton’s campus in Houston, Texas, U.S. May 18, 2017.

Gap misses earnings estimates as costs jump, shares tumble

FILE PHOTO: A woman shops at a Gap store as pre-Thanksgiving and Christmas holiday shopping accelerates at the King of Prussia Mall in King of Prussia, Pennsylvania, U.S. November 22, 2019. REUTERS/Mark Makela (Reuters) – Gap Inc fell short of

Allianz posts surprise 6% rise in third-quarter net profit

FILE PHOTO: The logo of Allianz is seen on a building in Paris, France, April 30, 2020. REUTERS/Charles PlatiauFRANKFURT (Reuters) – German insurer Allianz ALVG.DE on Friday posted an unexpected 6% rise in net profit in the third quarter from