A New York district court judge has asked Tesla Inc Chief Executive Officer Elon Musk and the U.S. Securities and Exchange Commission to provide a joint statement by Oct. 11, explaining why their settlement should be approved.
The head of Gucci has reassured shop staff over a looming slowdown in the pace of sales growth after a revenue explosion at the Kering -owned label, according to an internal video message seen by Reuters.
A New York district court judge has asked Tesla Inc Chief Executive Officer Elon Musk and U.S. Securities and Exchange Commission to provide a joint statement by Oct. 11 before approving the recent settlement.
Oil prices fell on Thursday as the prospect of increased crude production from Saudi Arabia and Russia prompted profit-taking the day after futures hit four-year highs on a boost from imminent U.S. sanctions on OPEC’s No. 3 producer Iran.
Wall Street tumbled on Thursday, mirroring a slump in global financial markets, as U.S. Treasury yields surged to multi-year highs on robust economic data and upbeat comments from the Federal Reserve, sparking fears of accelerating inflation.
Oil prices fell on Thursday on the prospect of a production increase from Saudi Arabia and Russia and on profit-taking after futures hit four-year highs in the previous session, supported by the imminent loss of Iranian supply through U.S. sanctions.
Wall Street tumbled on Thursday, mirroring a slump in global financial markets, as U.S. Treasury yields surged to multi-year highs on robust economic data and on upbeat comments from the Federal Reserve, sparking fears of accelerating inflation.
A sell-off in U.S. Treasuries pushed yields to multi-year peaks on Thursday as robust economic data and hawkish speeches by Federal Reserve officials stoked concerns about inflation, weighing on stock markets globally.
Danske Bank faces a widening investigation into suspected money laundering at its Estonian branch.
General Motors Co’s Cadillac outscored Tesla Inc in a new ranking of partially automated driving systems tested by Consumer Reports and released on Thursday.
Activist investor Daniel Loeb’s hedge fund Third Point LLC has demanded access to a trove of records from Campbell Soup Co, ranging from board meeting minutes to financial documents, as it ratchets up a campaign to replace the company’s board of directors, according to a letter seen by Reuters.
Oil held just below four-year highs on Thursday, supported by the imminent loss of Iranian supply through U.S. sanctions, but also tempered by the prospect of a rapid production increase from Saudi Arabia and Russia.
Danske Bank faces a U.S. criminal investigation into a 200 billion euro ($230 billion) money laundering scandal at its Estonian branch which has rocked investor faith in Denmark’s biggest lender and forced its chief executive to quit.
The number of Americans filing for unemployment benefits fell to a near 49-year low last week, pointing to sustained labor market strength, which should continue to underpin economic growth.
Eli Lilly and Co said on Thursday its new two-in-one diabetes drug was successful in lowering blood sugar and reducing weight, sending its shares to a record high and weighing on those of arch-rival Novo Nordisk .
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