NEW YORK (Reuters) -Goldman Sachs named its senior banker Aasem Khalil as global head of its business focused on client coverage in middle-market banking, a memo seen by Reuters on Thursday showed. Best known for its advisory work on mega deals, Goldman has in recent years expanded in so-called middle-market deals worth $500 million to $2 billion. It recently advised...

11:40 AM EDT, 07/17/2025 (MT Newswires) -- RTX (RTX) and Boeing ( BA ) are poised to benefit as supply chain constraints ease, aircraft production ramps up and defense spending climbs, Morgan Stanley said Thursday in a report. The aerospace sector remains relatively insulated from economic and geopolitical uncertainty with favorable supply-demand dynamics, the report said. RTX is well-positioned for...

11:38 AM EDT, 07/17/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.) Elevance Health's ( ELV ) shares were down more than 11% in recent Thursday trading after the company missed Q2 adjusted earnings expectations and lowered its 2025 adjusted EPS forecast. The company reported Q2 adjusted earnings of $8.84 per...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...