November 19, 2018

Instant View: Wall Street stocks tumble, S&P falls 2 percent

U.S. stocks tumbled on Monday, with the S&P 500 and Dow Jones industrial Average shedding about 2 percent and the Nasdaq down more than 3 percent. […]
November 19, 2018

Petrobras’ next CEO says oil firm should focus on exploration, production

A University of Chicago-trained economist named as the next chief of Brazil’s Petrobras threw his support behind the sale of the state oil company’s non-core assets […]
November 19, 2018

Barclays not liable to buyers of U.S. IPO before 2008 crisis: appeals court

Barclays Plc is not liable to investors who bought its U.S.-listed stock a few months before the 2008 financial crisis and accused the British bank of […]
November 19, 2018

Societe Generale to pay $1.34 billion fine for sanctions violations: Federal Reserve

French banking giant Societe Generale on Monday agreed to pay U.S. federal and state authorities $1.34 billion to resolve investigations into its handling of dollar transactions […]
November 19, 2018

Musk hints at Tesla interest in Daimler van

Tesla Inc could be interested in partnering with Daimler AG’s Mercedes-Benz on an electric version of its Sprinter van, Chief Executive Officer Elon Musk said in […]
November 19, 2018

Wall Street opens lower on Apple concerns, trade uncertainties

U.S. stocks opened lower on Monday as shares of Apple and its suppliers were hit by ongoing concerns of slowing demand for iPhones, while conflicting signals […]
November 19, 2018

Nissan’s Ghosn arrested in Japan for alleged financial misconduct

Nissan Motor Co Chairman Carlos Ghosn was arrested on Monday for alleged financial misconduct and will be fired from the board this week, a dramatic fall […]
November 19, 2018

Brazil’s Bolsonaro taps Chicago-trained economist as Petrobras CEO

Brazil’s incoming far-right government on Monday tapped a University of Chicago-trained economist with experience in the oil sector to be the chief executive of state-controlled Petroleo […]
November 19, 2018

GE brings back former executive to troubled power business

General Electric Co is bringing back former vice chairman John Rice to the conglomerate as chairman of its revamped gas power business, the company said on […]
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