LONDON (Reuters) – A London court on Wednesday described as “troubling” a case brought by the Financial Conduct Authority (FCA) against a former junior UBS trader for alleged Libor interest rate rigging.
Instagram’s meteoric rise continues, dwarfing the stagnant growth rates of …read more […]
Tesla is suing a former employee for $1 million, alleging the man hacked the …read more […]
Naked Brand and Bendom Limited officially completed their merger today. This comes after shareholders of NAKD voted in favor of the merger on June 11, 2018. The merger has both Naked and Bendon acting as wholly-owned subsidiaries of the new company Bendon Group Holding Limited. …read more […]
(Reuters) – The Nasdaq hit a record on Wednesday as Facebook, Amazon, Netflix and Alphabet touched all-time highs, while the Dow Jones Industrial Average struggled to shrug off concerns over a rapid escalation in the U.S.-China trade spat.
PARIS (Reuters) – The head of Boeing jetliner sales said on Wednesday he was confident a possible new mid-market jet with the potential to carve out new routes would be ready to enter service in 2025, but stressed the planemaker would not be rushed into a decision.
Yahoo Finance’s Seana Smith on the stocks making headlines in intraday trading Wednesday. …read more […]
(Reuters) – A U.S. appeals court on Wednesday revived Dr Pepper Snapple Group Inc’s challenge to Coca-Cola Co’s effort to register trademarks for soft drinks and sports drinks whose names contain the word “zero.”
SAN FRANCISCO (Reuters) – Tesla Inc has sued a former employee claiming that he hacked the electric carmaker’s trade secrets and transferred large amounts of company data to third parties, according to a lawsuit filed in federal court in Nevada on Wednesday.
Deutsche Bank expects its peer to pop after stress test results come out. …read more […]
General Electric Co. (NYSE:GE), the last original member of the Dow Jones Industrial Average is being booted from the index. It’s tragic, for GE, sure, but it’s also another opportunity to talk about why we shouldn’t report on the Dow. …read more […]
(Reuters) – Deutsche Bank AG has agreed to pay a fine of $205 million for violations of New York’s banking laws, the state’s department of financial Services said on Wednesday.
FRANKFURT (Reuters) – SAP SE , Europe’s most valuable technology company, was sued on Wednesday by U.S. company Teradata , which accused it of stealing trade secrets, copyright infringement and anti-trust violations.
VIENNA (Reuters) – Iran signaled on Wednesday it could compromise on a small increase in OPEC oil output when the group meets this week, as Saudi Arabia scrambled to convince fellow members of the need for a larger rise in production.
(Reuters) – A jump in technology and media stocks lifted the S&P 500 on Wednesday and pushed the Nasdaq to a record high, but the Dow remained under pressure from an escalation in the U.S.-China trade spat that has slammed global markets.
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