September 12, 2018

Oil prices rise on declining U.S. crude stockpiles, looming Iran sanctions

Oil prices rose on Wednesday following a report of declines in U.S. crude inventories and as looming sanctions against Iran raised expectations of tightening supply, while […]
September 12, 2018

JPMorgan looks abroad as it commits $500 million more to urban renewal

JPMorgan Chase & Co will provide $500 million over five years to promote economic opportunities in selected cities, including some outside the United States, the bank […]
September 12, 2018

As Trump embraces more tariffs, U.S. business readies public fight

After months of waging a behind-the-scenes war against President Donald Trump’s trade tariffs that have escalated far beyond what business groups once imagined, more than 60 […]
September 11, 2018

Chinese automaker NIO’s IPO prices at $6.25 per share: source

Chinese electric vehicle start-up NIO Inc priced at $6.25 per share in its initial public offering on the New York stock exchange on Tuesday, at the […]
September 11, 2018

Judge blocks U.S. fund’s lawsuit against Wells Fargo over ‘vol-mageddon’

A Chicago fund manager cannot pursue a lawsuit against a Wells Fargo & Co unit over claims the bank cost the fund manager millions by forcing […]
September 11, 2018

Supermarket chain Morrisons faces equal pay claims worth 1 billion pounds

Supermarket chain Morrisons is facing equal pay claims worth over 1 billion pounds ($1.30 billion), law firm Leigh Day said on Tuesday, seeking compensation for women […]
September 11, 2018

Sports Direct’s Ashley faces investor revolt in absentia

Mike Ashley, the billionaire founder and majority owner of Sports Direct , faces a potential shareholder revolt at the company’s annual meeting on Wednesday, though he […]
September 11, 2018

HSBC to bolster Asia private banking headcount, double client assets

HSBC Holdings Plc aims to increase its Asia private banking headcount by two-thirds in five years and double client assets in eight as it eyes a […]
September 11, 2018

NXP shares drop after executives outline post-Qualcomm path

Shares of Dutch chipmaker NXP Semiconductors fell 4.4 percent on Tuesday after executives outlined their strategy after the collapse this year of a proposed merger with […]
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