December 23, 2019

Exclusive: Tesla to take new $1.4 billion loan from Chinese banks for Shanghai factory – sources

U.S. electric vehicle maker Tesla Inc and a group of China banks have agreed a new 10 billion yuan ($1.4 billion), five-year loan facility for the […]
December 23, 2019

Bank of Italy chief defends regulator’s role in Bari bank crisis

The head of Italy’s central bank rebuffed criticism of its role in supervising struggling lender Banca Popolare di Bari and said in an interview published on […]
December 23, 2019

After Ethiopia crash, victims’ relatives say they were hounded by U.S. law firms

Days after the March 10 crash of a Kenya-bound Ethiopian Airlines’ Boeing jet that killed all 157 people on board, strangers began calling or visiting bereaved […]
December 23, 2019

Bayer shares up 3.5% after U.S. government’s backing in glyphosate lawsuit

Bayer shares rose as much as 3.5% on Monday, reaching their highest level in 14 months, after the United States government said that a $25 million […]
December 23, 2019

Credit Suisse surveillance probe to continue

Credit Suisse and law firm Homburger will continue their investigation into employee observation at the bank, a spokesman said, after the bank on Monday confirmed a […]
December 23, 2019

JD.Com’s logistics unit taps banks for potential $8-$10 billion IPO: sources

The logistics unit of Chinese e-commerce company JD.com Inc has held early discussions with banks about a potential overseas IPO that could raise $8 billion to […]
December 23, 2019

SoftBank’s $3 billion WeWork financing talks stall with Japan banks: sources

SoftBank Group Corp’s talks to secure $3 billion from Japan’s three biggest banks have stalled as the lenders have hit internal lending limits to the firm, […]
December 23, 2019

Credit Suisse blames former COO for covering up second spying case

Credit Suisse on Monday cleared CEO Tidjane Thiam and other top executives from knowledge of a second spying incident, saying former Chief Operating Officer Pierre-Olivier Bouee […]
December 23, 2019

BlackRock, Temasek to take majority stake in wealth management JV with CCB: sources

U.S. asset manager BlackRock Inc, Singapore state investor Temasek Holdings (Pte) Ltd and China Construction Bank Corp (CCB) have agreed to set up a wealth management […]
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