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Markets and investing
United Overseas Bank’s third-quarter net income nearly tripled from a year earlier but fell short of analysts’ expectations, as weaker trading and investment income offset gains from lending and fees.
Markets and investing
Marvell agreed to buy Lumentum Holdings at an enterprise value of $115 billion, in one of the largest technology deals in history, as it seeks to benefit from strong data center spending.
Markets and investing
Lufthansa’s chief executive said discussions about possible antitrust remedies for a deal involving TAP Air Portugal would be premature at this stage.
Markets and investing
Western Canadian Select traded at a $31.70-per-barrel discount to West Texas Intermediate futures, its widest since November 2018.