December 11, 2018

Chinese province pledges billions to drive tech, innovation

China’s coastal province of Zhejiang, home to e-commerce giant Alibaba , has pledged more than $17 billion to drive the tech industry and innovation in the […]
December 11, 2018

SEC says Citadel Securities ordered to pay $3.5 million as penalty

The U.S. Securities and Exchange Commission said on Monday that Citadel Securities LLC has been ordered to pay a penalty of $3.5 million for reporting incorrect […]
December 11, 2018

Wall St. ends choppy day higher; tech helps, Brexit weighs

Wall Street ended Monday’s volatile session slightly higher with help from technology stocks although bank stocks tumbled and uncertainty over Britain’s exit from the European Union […]
December 10, 2018

NZ’s Restaurant Brands signs deal to expand Taco Bell in NZ, Australia

Fast-food group Restaurant Brands New Zealand Ltd inked a deal to expand “Tex-Mex” food chain Taco Bell’s brand in New Zealand and in Australia’s New South […]
December 10, 2018

Wells Fargo won’t be allowed to grow unless problems fixed: Fed’s Powell

Wells Fargo & Co must keep a lid on its growth until the bank has hardened its risk management policies to prevent any further abuse of […]
December 10, 2018

Executive of China’s Huawei asks for bail in U.S. extradition case

A Canadian provincial court in Vancouver on Monday weighed whether to grant bail in an extradition case to a top executive of China’s Huawei Technologies [HWT.UL] […]
December 10, 2018

S&P 500 turns positive with help from tech in volatile session

The S&P 500 turned positive on Monday afternoon with help from technology stocks in a volatile session as investors remained worried about global growth, the U.S.-China […]
December 10, 2018

Bayer CEO says has not had contact with activist investor Elliott

Bayer Chief Executive Werner Baumann said on Monday he has not had any contact with Elliott Management, following a Reuters report which said the U.S.-based activist […]
December 10, 2018

Global stocks extend sell-off on growth and Brexit worries

A gauge of global equities stumbled on Monday, as losses in Europe and Asia extended to Wall Street on new signs the U.S.-China trade spat was […]
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