October 4, 2018

Facebook, responding to lawsuit, says sex trafficking banned on site

Facebook said on Wednesday in response to a lawsuit accusing it of not doing enough to protect users from human traffickers that it works internally and […]
October 4, 2018

Vedanta gets interim relief as Indian court stays state’s land allotment cancellation

An Indian court on Wednesday ordered an interim stay on the cancellation of land allotted for expansion of Vedanta’s south Indian copper smelter, in a relief […]
October 4, 2018

Oil falls as Saudi and Russia quietly agree output rise, U.S. stocks swell

Oil prices on Thursday fell from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck […]
October 4, 2018

Dollar scales 11-month peak on yen as U.S. yields surge

The dollar climbed an 11-month top on the yen on Thursday as stunningly strong U.S. economic data drove Treasury yields to their highest since mid-2011, while […]
October 4, 2018

U.S. judge says China’s ZTE violated probation; extends monitor’s term

A U.S. judge on Wednesday issued an order finding that China’s ZTE Corp violated probation imposed in March 2017 when the company pleaded guilty for conspiring […]
October 4, 2018

U.S. hedge fund King Street urges Toshiba to speed up share buybacks

Japan’s Toshiba Corp is “severely undervalued” and should boost share repurchases, U.S. hedge fund King Street Capital Management LP said in a letter on Wednesday. Powered […]
October 3, 2018

CBS executive placed on leave after accusations of sexual language

CBS Corp has placed television executive Vincent Favale on leave after earlier allegations of using sexual and homophobic language resurfaced, the company said on Wednesday. Powered […]
October 3, 2018

U.S. judge says China’s ZTE violates probation; extends monitor’s term

A U.S. federal judge on Wednesday issued an order finding that China’s ZTE Corp violated probation imposed in March 2017 when the company pleaded guilty to […]
October 3, 2018

Global stocks firm, U.S. Treasury yields soar, oil at four-year high

Stock markets around the world were up slightly on Wednesday amid signs that Italy would cut its budget deficits in coming years, but U.S. Treasuries yields […]
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