July 3, 2019

Amazon can be held liable for third-party seller products: U.S. appeals court

A federal appeals court on Wednesday ruled against Amazon.com Inc in a case that could expose the online retailer to lawsuits from customers who buy defective […]
July 3, 2019

Global stock markets, bonds rally in expectation of rate cuts

Record low bond yields in Europe and the expectation of further interest rate cuts by central banks worldwide helped push global stock market indices higher Wednesday […]
July 3, 2019

Major averages close at record highs on dovish Fed hopes

U.S. stocks rose on Wednesday, with each of the major indexes closing at a record high, as expectations grew that the Federal Reserve would take a […]
July 3, 2019

Exclusive: Sweden’s EQT targets Asia Pacific as IPO decision looms

High above Stockholm’s skyline, Sweden’s EQT Partners is plotting the next chapter in its rapid rise from a Nordic-focused investor to the world’s seventh-biggest buyout firm, […]
July 3, 2019

Weed leader Canopy Growth ousts co-CEO Bruce Linton

Canada’s Canopy Growth Corp fired founder and co-Chief Executive Officer Bruce Linton, a surprise move that comes just a week after the weed producer’s largest shareholder […]
July 3, 2019

German prosecutors intensify Deutsche Bank client investigation: source

German prosecutors are escalating a money laundering inquiry involving Deutsche Bank , including planned raids on wealthy former clients, a person with direct knowledge of the […]
July 3, 2019

S&P 500 hits record high on rising rate cut hopes

The S&P 500 index hit a record high on Wednesday, led by defensive sectors, as bets of an interest rate cut rose on fears of a […]
July 3, 2019

Deutsche Bank restructuring to cost up to $5.6 billion: source

Deutsche Bank expects the cost of a major overhaul in the works to be up to 5 billion euros ($3.4-$5.6 billion), one person familiar with the […]
July 3, 2019

Asian shares weaken as trade optimism fades

Asian shares fell on Wednesday as initial enthusiasm over the latest U.S.-China trade truce was overtaken by fresh concerns over Washington’s threat of tariffs on additional […]
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