March 1, 2019

Wells Fargo officials reach $240 million settlement over bogus accounts

Wells Fargo & Co officials have reached a $240 million settlement of litigation accusing them of poor oversight, resulting in the creation of millions of unauthorized […]
March 1, 2019

Exclusive: Huawei plans billions in dividends for staff despite row with U.S. – sources

China’s Huawei is set to reward employee shareholders with a 3 percent rise in cash dividends that are worth billions of dollars, according to company sources […]
March 1, 2019

Japan’s Subaru plans biggest-ever global recall over brake lights

Subaru Corp plans to recall around 2.3 million vehicles globally over a brake light problem, in what would be the automaker’s biggest-ever recall as it grapples […]
March 1, 2019

Saipem and former managers face trial in profit warning case

An Italian judge has ordered oil contractor Saipem and former executives to stand trial on charges of market manipulation and false accounting, the company said on […]
March 1, 2019

Deepening downdraft chills factory activity

Factories across the globe slammed on the brakes last month as demand crashed, hit by the ongoing U.S.-China trade war, slowing global growth and political uncertainty […]
March 1, 2019

German juggernaut may face economic jam as tariffs and Brexit loom

Germany faces the risk of steep U.S. tariffs on cars and a no-deal Brexit, a double whammy which could bring a golden decade of growth in […]
March 1, 2019

Glencore cites trade as its ‘foremost risk’, others rising

Miner and trader Glencore said trade barriers are its “foremost risk”, but climate, political, legal and other risks had become more prominent. Powered by WPeMatico
March 1, 2019

Big U.S. pension funds ask electric utilities for decarbonization plans

Top U.S. pension funds are asking electric utilities to accelerate efforts to cut carbon emissions but will not force the issue with proxy resolutions this spring, […]
March 1, 2019

Norway’s Aker BP switching gears from M&A to exploration

Norwegian oil and gas company Aker BP is switching emphasis from M&A toward exploration, taking a potentially riskier path to increase its resources after years when […]
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