Business & Finance News
British engineering company Rolls-Royce said Bradley Singer, a representative of its largest shareholder the activist investor ValueAct Capital, has resigned from its board.
Oil prices slipped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC’s agreement with associated producers at the end of last week to deepen crude output cuts in early 2020.
France’s markets watchdog AMF said on Tuesday it has fined U.S bank Morgan Stanley 20 million euros ($22.04 million) for sovereign bonds manipulation.
Japan’s markets watchdog said on Tuesday it has recommended that the country’s financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over the alleged underreporting of former Chairman Carlos Ghosn’s compensation.
Malaysian Prime Minister Mahathir Mohamad has vowed to bring back billions of dollars allegedly stolen from state fund 1Malaysia Development Bhd (1MDB), co-founded by his predecessor Najib Razak.
Asian equity markets eased slightly on Tuesday, tracking Wall Street declines as investors fretted over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports to take effect.
Saudi Aramco will exercise its 15% greenshoe option in whole or part during the first 30 days of its trading period, its lead managers said.
December is always a month of suspense on Wall Street, as dealmakers, traders and money managers at big U.S. banks wait to find out how much they will receive in bonuses.
Oil prices slipped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC’s agreement with associated producers at the end of last week to deepen crude output cuts in early 2020.
Asian equity markets ticked down on Tuesday, tracking Wall Street losses as investors fretted over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports to take effect.
U.S. automaker Ford Motor Co. said on Monday it expects its full year 2019 loss, before interest and taxes, from China to be nearly halved from the year ago.
Senior U.S. and Canadian officials were set to fly to Mexico City on Tuesday to work on the final changes to a languishing North American trade pact that could clear the way for a vote in the U.S. Congress before the end of the year.
At a two-day gathering for Honda’s suppliers in March, Chief Executive Takahiro Hachigo sounded the alarm.
Oil prices dropped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC’s agreement with associated producers at the end of last week to deepen crude output cuts in early 2020.
White House adviser Jared Kushner said on Monday there was progress on reaching a trade deal with Mexico and Canada, but he would not confirm reports he planned to travel to Mexico for talks.
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