(Reuters) -BNY's profit jumped in the second quarter, the Wall Street bank reported on Tuesday, driven by higher interest income and fee revenue growth, as client portfolios swelled due to a recovery in the equity market. A late-quarter rally driven by hopes of trade deals and possible rate cuts lifted major U.S. indexes and improved sentiment. Shifting U.S. tariff policies...

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,...

06:35 AM EDT, 07/15/2025 (MT Newswires) -- Oracle (ORCL) said Tuesday it will invest a combined $3 billion in artificial intelligence and cloud infrastructure in Germany and the Netherlands over the next five years. The company has allocated $2 billion of the planned investment to Germany, with the rest set aside for the Netherlands. The investments will include a significant...

(Reuters) -JPMorgan Chase raised its net interest income forecast for 2025 after strong performance in its investment banking and trading divisions helped it surpass profit expectations for the second quarter. The bank now expects $95.5 billion of NII, or the difference between what it earns on loans and pays out on deposits, compared with an earlier estimate of $94.5 billion....