July 31, 2018

Credit Suisse charged with rigging foreign exchange rates

Credit Suisse has been charged by European Union antitrust regulators with rigging foreign exchange rates, the Swiss bank said on Tuesday, a sign that the five-year […]
July 31, 2018

Einhorn’s Greenlight is trying to end fund losses: letter

Billionaire investor David Einhorn, whose Greenlight Capital is nursing double-digit losses, said on Tuesday he is trying to repair the damage done by a big bet […]
July 31, 2018

Equities inch higher on U.S.-China talks report

Global stock markets inched up on Tuesday helped partly by a report that the United States and China were seeking to resume talks to defuse the […]
July 31, 2018

Devon reports quarterly loss compared with year-ago profit

U.S. oil producer Devon Energy Corp reported a quarterly loss compared with year-ago profit on Tuesday, hurt by higher expenses and a strong dollar. Powered by […]
July 31, 2018

Chipotle slumps 9 percent after Ohio outlet linked to food poisoning complaints

More than 100 people said they had fallen sick after eating at a Chipotle Mexican Grill Inc restaurant in Ohio, sending shares of the burrito chain […]
July 31, 2018

UK lawmakers call for new powers for watchdog after inaction on RBS

Britain’s financial watchdog should get new powers to regulate business loans after it was unable to punish Royal Bank of Scotland for its “deficient” treatment of […]
July 31, 2018

Industrials, tech lead Wall Street gains on renewed trade hopes

U.S. stocks rose on Tuesday, led by gains in industrials and a rebound in technology stocks, after a report that the United States and China hoped […]
July 31, 2018

Siemens thinks big with small-batch production

German engineering group Siemens is redoubling its efforts in an area where it has traditionally lagged: managing the processing of materials into medicines, chemicals or foodstuffs. […]
July 31, 2018

Cummins to recall 500,000 trucks over faulty emissions part: EPA

Cummins Inc has agreed to recall about 500,000 medium- and heavy-duty trucks produced between 2010 and 2015 to correct a faulty emissions control system part that […]
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