Markets

U.S. stock index futures inched higher on Tuesday, getting a lift from a clutch of upbeat quarterly reports from Bank of America, UnitedHealth and Johnson & Johnson.

Bank of America Corp reported a 6 percent rise in quarterly profit on Tuesday, as a growing loan book and cost cuts made up for a drop in revenue in investment banking.

U.S. casino operator Caesars Entertainment Corp, which has been under pressure from activist investor Carl Icahn to sell itself, said on Tuesday it appointed Anthony Rodio as its chief executive officer.

SHANGHAI: German auto giant Mercedes-Benz apologised Tuesday (Apr 16) over the ordeal of a Chinese car buyer who alleged mistreatment by an authorised dealership in a viral video that triggered consumer outrage. The woman, whose name has not been revealed, has said she purchased a new Mercedes ...

Etihad Airways Group Chief Financial Officer Mark Powers has stepped down after roughly a year in the job as the Abu Dhabi state-owned carrier overhauls its business after years of heavy losses.

BlackRock Inc, the world's largest asset manager, on Tuesday reported a 3.3 percent drop in quarterly profit, as investors shunned its expensive funds and flocked toward low risk, inexpensive funds.

U.S. health insurer UnitedHealth Group Inc on Tuesday reported a 22.2 percent rise in first-quarter profit, driven by strength in its main insurance business and Optum unit, which includes its pharmacy benefit management business.

China's China Changan Automobile Group expects sales at its joint venture with Ford Motor Co to rebound at the end of this year as the U.S. automaker boosts its China product line, Changan's president said on Tuesday.

Luxury carmaker Rolls-Royce expects to achieve double-digit sales growth in China this year, although it will be lower than the 40 percent rate it saw in 2018, its chief executive said on Tuesday.

Asian markets rose Tuesday after a slow start to the day, as investors brushed off a weak lead from Wall Street while looking ahead for the release of Chinese growth data.