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Tom Hayes and Carlo Palombo, two ex-bankers convicted of interest rate manipulation, are set to have their appeals considered by the Supreme Court amidst...
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Tom Hayes and Carlo Palombo, two ex-bankers convicted of interest rate manipulation, are set to have their appeals considered by the Supreme Court amidst...
The UK government has revealed a major facet of trade dynamics: the upcoming fees that businesses will have to pay to import food items...
Shell’s CEO says there is no change in the company’s strategy. According to Chief Executive Officer Wael Sawan, Shell (SHEL.L) has no intentions to...
As increased pricing for its shoes and clothing helped to overcome a hit from declining demand and ongoing cost constraints, Nike (NKE.N) was above...
On Wednesday, the Commonwealth Bank of Australia (CBA.AX) announced a partnership with Tesla (TSLA.O) to finance EV purchases. Customers can apply for personal loans...
Swedish defense equipment manufacturer Saab (SAABb.ST) announced on Monday that the U.S. Department of Defense has placed a new order for $104.9 million for...
Bob van Dijk has resigned as chief executive officer at both the Dutch-listed technology investor Prosus NV (PRX.AS) and its South African parent company...
UAW prepares to strike at Detroit Three automakers, rejects new offers. On Wednesday, the United Auto Workers announced preparations to strike individual U.S. auto...
The Indian commerce minister said on Wednesday that electric car manufacturer Tesla Inc. (TSLA.O) has ambitions to build up a plant in India, which...
BP (BP.L) CEO Bernard Looney resigned on Tuesday with immediate effect after less than four years in charge for failing to disclose prior personal...
Global securities regulators presented their first blueprint to hold players in “decentralized finance” (DeFi) responsible for their activities and preserve market stability. DeFi platforms...
On Tuesday, European discount retailer Pepco Group (PCOP.WA) announced that CEO Trevor Masters would quit immediately without explanation. The firm said that Andy Bond,...
A Tuesday inquiry by the Dutch financial markets watchdog found that Goldman Sachs (GS.N) maintained a substantial gross short position in healthcare equipment producer...
UAW says some progress has been made in labor talks, but a wide divide remains. On Tuesday, UAW President Shawn Fain said that the...
Instead of reaching an agreement with unions, Chevron Australia (CVX.N) will use an unproven legal technique to avert industrial action at its Gorgon and...
In a recent development that has sent ripples across the food industry, JM Smucker, a household name in the world of consumer packaged goods,...
How Do You Define an Activity Ratio? One form of financial indicator is the activity ratio, which measures how well a firm turns its...
In an attempt to get regulatory permission for its almost $25 billion acquisition of Albertsons, a smaller competitor, Kroger (KR.N), said on Friday that...
The 0.4% expansion rate that Citigroup had projected for the euro area economy in 2023 was reduced to 0.4%, and the company said that...
Berkeley continues to have an upbeat view despite a 35% drop in bookings. On Friday, Berkeley Group Holdings (BKGH.L), a British high-end homebuilder, said...
Crude prices dipped on Wednesday, halting a three-day gain, as an unexpected surge in U.S. crude stocks raised demand worries, and investors awaited inflation...
Kris Licht will succeed Nicandro Durante as CEO of Reckitt Benckiser (RKT.L) after a transition period. Since July 2020, Licht has been Reckitt’s health...
Despite some customer caution, ASML Holding NV (ASML.AS) surpassed first-quarter earnings projections on Wednesday because of persistently high demand for its chip manufacturing equipment....
The new BOJ chief’s message to the world: We’re keeping the course. Last week, Japan’s new central bank governor, Kazuo Ueda, told officials at...
Indonesia’s investment minister stated Volkswagen would establish an electric vehicle (E.V.) battery ecosystem alongside Vale, Ford, and Zhejiang Huayou Cobalt. Automakers want Indonesia’s raw...
Hong Kong woos mainland China crypto businesses seek finance hub status. Hong Kong welcomes cryptocurrencies to boost its finance center position after years of...
The Financial Times reported that Deutsche Bank (DBKGn.DE) closed its software technology operations in Moscow and St. Petersburg on Wednesday to eliminate its two-decade...
Boeing (BA.N) announced Tuesday that 11 Chinese airlines had begun 737 MAX operations as of April 10, a promising sign for the U.S. planemaker’s...
On Monday, World Bank Group President David Malpass said the agency had updated its 2023 global growth prediction to 2% from 1.7% in January....
Global money market funds had significant inflows in cautious trade in the week ending April 5 as a slew of economic data showed a...
On Monday, Canada’s Teck Resources (TECKb.TO) reiterated its rejection of Glencore Plc’s (GLEN.L) unsolicited $22.5 billion deal, citing “fundamental problems” and urging shareholders to...
On Monday, a senior official said Indonesia would pursue a free trade arrangement for minerals supplied to the U.S. to benefit electric car battery...
As U.S. employment statistics showed a robust labor market and heightened prospects of a May Fed rate hike, gold prices slid 1% to below...
According to the business journal STAR Market Daily, Alibaba (9988. HK) is recruiting organizations to test its Tongyi Qianwen AI chatbot. The free-to-use In...
German corporations in Eastern Europe have urged Berlin to take on more risk and strengthen security for business in Ukraine, notably transport. Michael Harms,...
Since the EU banned Russian oil products, Singapore’s naphtha imports nearly quadrupled in the first quarter of 2023, official statistics indicated. Reuters calculated from...
After cutting sales volume guidance due to inflation-hit customers’ spending cuts, Barry Callebaut (BARN.S), the world’s largest chocolate manufacturer, hired Peter Feld as its...
The commerce ministry said China’s international trade negotiator was concerned about Australia’s monitoring of Chinese enterprises there but noted economic and trade cooperation possibilities....
The British government is extending a trading plan to sell off NatWest Group (NWG.L41.5% )’s taxpayer holding by two years. Last year, share sales...
In an interview on Monday, Julius Baer (BAER.S) CEO said he is having “productive negotiations” with Credit Suisse (CSGN.S) employees who want to leave...
After the market-shaking Swiss action to cancel Credit Suisse notes, Mitsubishi UFJ Financial Group Inc (8306.T) would delay the selling of Additional Tier-1 (AT1)...
In a Saturday address, ECB vice-president Luis de Guindos said the ECB is closely watching market concerns and would act to maintain euro area...
Five sources said Samsung Electronics Co Ltd (005930. K.S.) might construct a chip test line in Japan to improve its advanced packaging business and...