Business & Finance News
Infosys Ltd said it was investigating whistleblower claims accusing its top two executives of “unethical practices” to boost short-term profit, sending its shares to their worst intraday fall in over six years.
Digital banking app Revolut is set to begin issuing its cards in the United States by the end of this year via a partnership with payments company Mastercard Inc MA.N, the two companies said on Tuesday.
Oil prices edged lower on Tuesday as lingering worries over a global economic slowdown that could hurt demand offset some signs of progress in U.S.-China trade talks.
The time may not be far off when more adults need diapers than babies as the population grows older, potentially a huge opportunity for manufacturers of incontinence products – if they can lift the stigma that has long constrained sales.
UBS is working with relevant authorities to address inappropriate spreads it may have charged wealthy clients whose money was booked in Hong Kong and Singapore in debt securities transactions, it said in its third-quarter report on Tuesday.
Renault Chairman Jean-Dominique Senard said on Tuesday that a possible deal with Italian carmaker Fiat was not on the table for now, although he did not rule out it being re-examined at some stage in the future.
Walmart Inc’s chief executive has written to Prime Minister Narendra Modi seeking certainty and predictability in India’s business environment, the Economic Times newspaper reported on Tuesday, citing people familiar with the matter.
China will closely monitor the U.S. “entity list”, which has led to sanctions on a few Chinese tech firms, and take measures to safeguard its rights and interests, the Ministry of Industry and Information Technology (MIIT) said.
Asian shares made guarded gains on Tuesday amid optimism about prospects for a Sino-U.S. trade deal, while investors were sanguine yet another vote on Brexit would still avert a hard exit for Britain.
Infosys Ltd said on Tuesday it was investigating allegations of “unethical practices” by Chief Executive Officer Salil Parekh after receiving whistleblower complaints last month, sending its shares into a tailspin.
Oil prices were little changed Tuesday as lingering worries over a global economic slowdown that could hurt oil demand offset some signs of progress in U.S.-China trade talks.
Bombardier on Monday unveiled its revamped Liberty Learjet 75 corporate plane, betting that extra legroom and a lower price tag would help the Canadian company beat back competition from Embraer SA’s market leading model.
U.S. planemaker Gulfstream on Monday unveiled its widely-expected G700 long-range jet, in a challenge to Bombardier Inc’s flagship Global 7500 aircraft.
Asian share markets made guarded gains on Tuesday amid cheery chatter about the chance of a Sino-U.S. trade deal, while investors were sanguine yet another vote on Brexit would still avert a hard exit for the UK.
China and the United States have achieved some progress in their trade talks, Vice Foreign Minister Le Yucheng said on Tuesday, and any problem could be resolved as long as both sides respected each other.
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