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Wells Fargo names Steven Black chairman

Bloomberg Wells Fargo & Co said Charles Noski stepped down as chairman and is being replaced by board member and former JPMorgan Chase & Co Vice Chairman Steven Black. Noski, 68, a director for more than two years and chairman since March 2020, will remain on the board until his retirement on September 30 to help with the transition, the ...

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Europe stocks advance as futures drift; oil rebounds

Bloomberg European stocks rose to a record on strong earnings, while US futures drifted as investors continued to monitor comments from Federal Reserve officials on scaling back stimulus measures. The Stoxx 600 Index climbed for a seventh day, with Flutter Entertainment Plc leading gains after the gambling company beat profit estimates. US equity futures were little changed, while stocks rose ...

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China tech stocks rise as analysts turn positive after selloff

Bloomberg Chinese internet stocks rallied in Hong Kong on Tuesday after some brokers started to turn optimistic on the sector and said investors were making an attempt to find a bottom in prices after the recent selloff. The Hang Seng Tech Index rose 2.5%, the most in nearly two weeks, to snap a three-day losing streak. The sector bellwether Tencent ...

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