December 22, 2018

Credit Suisse chairman says on track to boost equity return: media

Cost cuts and closing a unit where Credit Suisse had parked underperforming assets will help boost return on tangible equity (ROTE) to at least 10 percent […]
December 21, 2018

Nasdaq in bear market, first of the three major U.S. indexes

The Nasdaq Composite Index confirmed on Friday it is in a bear market for the first time since 2008, underscoring fears that the longest bull run […]
December 21, 2018

China’s HNA in talks to sell Ingram Micro to Apollo Global: source

HNA Group Co [HNAIRC.UL] is in talks to sell Ingram Micro Inc to private equity firm Apollo Global Management Llc , a source familiar with the […]
December 21, 2018

Automakers boost Takata air bag recall completion rates

Automakers in the United States repaired more than 7.2 million defective Takata air bag inflators in 2018, as companies have ramped up efforts to track down […]
December 21, 2018

Goldman Sachs CEO to employees: our compliance is strong

Goldman Sachs Group Inc Chief Executive David Solomon on Friday defended the bank against criticism of its compliance and oversight related to dealings with the sovereign […]
December 21, 2018

JD.com CEO will not face assault charges in Minnesota

Minnesota prosecutors will not charge the chief executive officer of China’s JD.com Inc, Richard Liu, after he was accused of rape by a University of Minnesota […]
December 21, 2018

Dollar rallies from post-Fed losses as U.S. shutdown likely

The dollar gained on Friday as investors sought the currency’s safety amid persistent equity market volatility and a possible U.S. government shutdown. Powered by WPeMatico
December 21, 2018

Wall St. hits fresh lows on economic worries

Wall Street stocks fell in volatile trading on Friday, with the Nasdaq on pace to confirm it is in a bear market, as concerns of slowing […]
December 21, 2018

Boeing heads for expected 2018 plane order victory over Airbus

Boeing Co looked poised to beat European arch-rival Airbus for aircraft orders in 2018 by a wide margin after clinching billions of dollars in new business […]
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