Investor rights law firm Bernstein Liebhard has filed a class-action suit against Australia’s No. 2 lender, Westpac Banking Corp , accusing it of failing to monitor financial crime, the law firm said on Monday.
Bernard Ebbers, who built WorldCom Inc into a telecommunications giant and was convicted in one of the largest U.S. accounting scandals, died on Sunday, his family said in a statement. He was 78.
Asian shares were dragged to near two-month lows on Monday by Chinese markets, which plunged on their first trading day after a long break on fears the coronavirus epidemic would hit demand in the world’s second-largest economy.
Panasonic Corp on Monday reported a 3% rise in third-quarter operating profit, beating analyst estimates, thanks to restructuring efforts and an improvement at the joint battery business with Tesla Inc
Swedish telecoms operator Tele2 reported quarterly core earnings above market forecasts on Monday and proposed a higher ordinary dividend and a special dividend to be paid out for 2019.
British police shot and killed a man who had been recently released from prison after he stabbed two people. It was the second time in a few months that a person convicted of terrorism-related charges attacked people in London after being released. Photo: Ray Tang/Zuma Press …read more […]
U.S. utilities stocks have outperformed other traditional havens in recent days, as worries over the spreading coronavirus epidemic sparked a rush to safety.
Ryanair will take longer than expected to reach its long-term target of flying 200 million passengers per year due to delays in the delivery of Boeing’s 737 MAX jet, the Irish airline announced on Monday.
Investor rights law firm Bernstein Liebhard has filed a class-action suit against Australia’s No. 2 lender, Westpac Banking Corp , accusing it of failing to monitor financial crime, the law firm said on Monday.
Bernard Ebbers, the former WorldCom Inc chief executive convicted in one of the largest U.S. accounting scandals, died on Sunday, his family said in a statement.
Feb.03 — Anagha Deodhar, economist at ICICI Securities, talks about India’s budget and the economy. Prime Minister Narendra Modi’s second budget in seven months — delivered by Finance Minister Nirmala Sitharaman on Saturday — proposed tax cuts for individuals and wider deficit targets, but failed to provide specific steps to fix a struggling financial sector, improve infrastructure and create jobs. Deodhar speaks with Haslinda Amin and Shery Ahn on “Bloomberg Markets: Asia.” …read more […]
Investors erased $420 billion from China’s benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year.
Some Chinese technology firms are continuing to manufacture parts and products despite government calls across various cities and provinces for work to be halted as Being seeks to stop the spread of the coronavirus ravaging the country.
China’s securities regulator has urged mutual fund managers not to sell shares unless they face investor redemptions, four sources told Reuters, as the country’s stock markets plunged on Monday amid a growing virus outbreak.
Feb.02 — China reports 2,829 additional coronavirus cases by end of Feb. 2, bringing the total case count to 17,205, according to a statement from the Ministry of Health. The total number of deaths increased by 57 to 361. Meanwhile, the central bank reduced rates as it injected cash into the financial system Monday, with the central bank seeking to ensure ample liquidity as markets plunge. Selina Wang speaks with Haslinda Amin on “Bloomberg Markets.” …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
