Morgan Stanley quarterly profit falls 10%

Posted 57 minutes agoShare Print Morgan Stanley (MS.N) reported a 10% fall in quarterly profit on Thursday as low market volatility crimped trading and advisory revenue. The bank said earnings attributable to Morgan Stanley fell…

Futures edge lower as Netflix tumbles

U.S. stock futures slipped on Thursday after streaming pioneer Netflix posted its first drop in U.S. subscribers since 2011, kicking off earnings for the so-called FANG group on a sour note. Netflix Inc (NFLX.O) sank…

No-deal could cause £30bn economic hit

Public borrowing could double next year if there is a no-deal Brexit, the country’s spending watchdog says. The Office for Budget Responsibility (OBR) said borrowing would be almost £60bn if the UK leaves without a…