US manufacturing production up in June

Source: Dukascopy Bank SA
The US manufacturing production accelerated 0.4% in June, climbing for the second straight month and surpassing 0.2% forecast, owing to higher output of motor vehicles and parts, the Fed reported.
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Tue, 16 Jul 2019 16:36:21 GMT

Wells Fargo reports higher profit

Wells Fargo posted higher quarterly profit, with 6% rise in wholesale bank and 26% growth in community bank segments, thanks to cost controls and increase in loans.

Tue, 16 Jul 2019 13:59:07 GMT

SoftBank-backed Oyo acquires Innov8 for $30M

Oyo, the Indian hotel start-up backed by SoftBank, announced on Tuesday it had acquired Innov8, the local co-worker venture, as the hospitality chain was seeking to enter the commercial real estate sector under the Oyo Workspaces brand name.

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