February 21, 2019

Standard Chartered sets aside $900 million to cover U.S., British fines

Standard Chartered PLC (StanChart) has set aside $900 million to cover fines resulting from investigations by regulators in Britain and the United States, it said on […]
February 21, 2019

Asia shares steady after Fed minutes, Aussie rallies

Asian shares held near 4-1/2-month highs on Thursday after U.S. Federal Reserve minutes affirmed it would be “patient” on interest rate rises and risk assets got […]
February 21, 2019

Oil near 2019 highs amid OPEC cuts, sanctions on Iran and Venezuela

Oil prices hovered just below 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran. Powered by WPeMatico
February 20, 2019

Southwest shares drop as mechanics dispute escalates

Southwest Airlines Co’s shares fell more than 5 percent on Wednesday after the low-cost U.S. carrier said it was investigating whether a conflict with its mechanics […]
February 20, 2019

Samsung announces folding phone with 5G at nearly $2,000

Samsung Electronics Co Ltd on Wednesday unveiled a nearly $2,000 folding smartphone in a bid to top the technology of Apple Inc and Chinese rivals and […]
February 20, 2019

Standard Chartered fined $133 million by Britain’s financial watchdog

Standard Chartered Plc said on Wednesday Britain’s financial watchdog had imposed a fine of 102.2 million pounds ($133.34 million) in relation to its investigation into the […]
February 20, 2019

Wall Street ends up slightly as Fed minutes support cautious stance

U.S. stocks ended higher on Wednesday after minutes from the Federal Reserve’s last meeting reaffirmed for investors that the U.S. central bank would be “patient” with […]
February 20, 2019

Fed flags end to balance sheet runoff, patience on rates

The Federal Reserve on Wednesday signaled they will soon lay out a plan to stop letting go of $4 trillion in bonds and other assets, but […]
February 20, 2019

Exclusive: Lyft plans to launch its IPO roadshow week of March 18 – sources

Lyft Inc plans to launch the roadshow for its initial public offering during the week of March 18, making it the first U.S. ride-hailing company to […]
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