April 29, 2019

Oil falls after Trump urges greater OPEC output to replace Iranian oil

Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output […]
April 29, 2019

DBS posts record quarterly profit, powered by lending income

DBS Group Holdings Ltd, Southeast Asia’s biggest lender, beat market estimates on Monday to post a record quarterly profit, as strong net interest income offset weakness […]
April 29, 2019

RBS begins global hunt for CEO to replace McEwan

Royal Bank of Scotland is searching for a new chief executive after Ross McEwan resigned, signaling a fresh start as it heads for full private ownership […]
April 29, 2019

3M cuts 2019 profit outlook on weak China, shares fall 11 percent

Shares of 3M Co fell 11 percent on Thursday after the U.S. manufacturing conglomerate cut its 2019 earnings forecast and said it would lay off 2,000 […]
April 28, 2019

Exclusive: GAM whistle blower concerns focused on bonds sold by metals tycoon

A whistle blower at Swiss asset manager GAM Holding AG who alerted UK financial regulators last year did so over concerns about the purchase of more […]
April 28, 2019

Jaguar Land Rover planning to allow helpful car drivers to earn cryptocurrency

Jaguar Land Rover, Britain’s largest auto manufacturer, said on Monday it is testing software that will allow drivers of its cars to earn the IOTA cryptocurrency […]
April 28, 2019

U.S. sanctions on Iran, Venezuela set up crunch for heavier oil

Tighter U.S. sanctions on Iranian oil planned for May are adding to a wealth of factors curbing global supply of heavy-medium crude, driving up prices for […]
April 28, 2019

Vale shareholders push to loosen company control over board elections

Minority shareholders of Brazilian iron ore miner Vale SA have enough votes to request that board members be elected independently using a cumulative voting system and […]
April 28, 2019

Italy’s deputy PM says Alitalia bid deadline is Tuesday

The deadline for bids to take part in a plan to rescue Italian flagship carrier Alitalia is next Tuesday, Italy’s Deputy Prime Minister Luigi Di Maio […]
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