December 19, 2018

Exclusive: Russia’s Deripaska prepares to cede control of Rusal, En+ – sources

Russian tycoon Oleg Deripaska is preparing to cede control of Rusal and its parent En+ , moving part of his En+ stake to a blind trust, […]
December 19, 2018

U.S. to lift sanctions on Oleg Deripaska’s Rusal and En+ in 30 days

The U.S. Treasury will lift sanctions on aluminum giant Rusal , its parent company En+ , and another firm tied to Russian businessman Oleg Deripaska, it […]
December 19, 2018

Brazil court ruling casts doubt over Petrobras asset sales

A Brazilian Supreme Court justice on Wednesday suspended a presidential decree establishing rules for Petroleo Brasileiro SA to sell upstream assets, casting a pall over the […]
December 19, 2018

Fed raises U.S. rates, signals tightening cycle nearing end

The U.S. Federal Reserve raised interest rates on Wednesday, as expected, but forecast fewer rate hikes next year and signaled its tightening cycle is nearing an […]
December 19, 2018

Travel agents seek EU antitrust probe into Lufthansa surcharges

A travel lobby group, whose members include Amadeus and booking.com, on Wednesday urged EU antitrust regulators to investigate Lufthansa’s surcharges and other allegedly discriminatory measures against […]
December 19, 2018

Wall Street opens flat; Fed in focus

U.S. stocks opened flat on Wednesday, ahead of a highly awaited Federal Reserve announcement where the central bank is expected to signal fewer rate hikes given […]
December 19, 2018

Facebook says preferential data access was with user permission

Facebook Inc said it did not give some companies access to people’s data without their permission, after the New York Times reported on Tuesday that the […]
December 19, 2018

MetLife settles Massachusetts case over unpaid pensions

MetLife Inc will pay a $1 million fine to resolve claims that it made misleading statements to investors in failing to pay pension benefits to thousands […]
December 19, 2018

Chip gear makers take a beating after Micron’s dour forecast

Shares of chip gear makers fell after a tepid forecast by U.S.-based Micron Technology Inc exacerbated fears that a two-year chip boom was fizzling due to […]
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