June 9, 2020

Exclusive: Savings surge forces Goldman to shut Marcus to new UK clients

Goldman Sachs is closing its easy access savings business to new customers in Britain from Wednesday after deposits surged near to regulatory limits during the coronavirus […]
June 9, 2020

Volkswagen CEO apologised to supervisory board for ‘inappropriate’ remarks

Volkswagen Chief Executive Herbert Diess apologised to the company’s supervisory board for having made “inappropriate and wrong” statements at an internal event, the carmaker said on […]
June 9, 2020

Wall Street retreats after rally; Fed meeting in focus

U.S. stocks fell on Tuesday as investors paused ahead of a Federal Reserve meeting that could offer views on the recent signs of economic recovery that […]
June 9, 2020

Corning wins U.S. funding for glass vials output for COVID-19 vaccines

Glass maker Corning Inc said on Tuesday it would receive $204 million from the U.S. government to boost manufacturing capacity of its vials that will be […]
June 9, 2020

Exclusive: Obscure Indian cyber firm spied on politicians, investors worldwide

A little-known Indian IT firm offered its hacking services to help clients spy on more than 10,000 email accounts over a period of seven years. Powered […]
June 9, 2020

Oil down on stronger dollar, oversupply concerns

Oil prices fell on Tuesday weighed down by a stronger dollar and oversupply concerns after it was announced that a trio of Gulf producers would end […]
June 9, 2020

Macy’s says reopened stores performing better than expected

Macy’s Inc said on Tuesday its 450 reopened stores were performing better than expected, giving some respite for the department store chain that reported nearly $1 […]
June 9, 2020

Vitol veteran Ian Taylor dies after long cancer illness

Ian Taylor, who built Vitol into the world’s biggest oil trader, has died from pneumonia at the age of 64, the company said on Tuesday, after […]
June 9, 2020

Tiffany amends debt agreements amid LVMH deal, sales slump

U.S. luxury jeweler Tiffany & Co said on Tuesday it had amended certain of its debt agreements in order to have sufficient liquidity to navigate the […]
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