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 […]
November 19, 2018

Danske Bank whistleblower says European bank handled $150 billion of payments

The whistleblower who revealed alleged money laundering involving Danske Bank said on Monday that a major European lender helped process up to $150 billion in suspicious […]
November 19, 2018

Global stocks struggle higher, dollar sapped by rate hike uncertainty

World shares struggled higher on Monday amid conflicting signals of a potential truce in the China-U.S. trade dispute, while the Federal Reserve’s new-found concerns over the […]
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