November 16, 2018

Sterling scarred by Brexit turmoil; Asia shares cling to trade hopes

The British pound lay battered and bruised in Asia on Friday after a bout of political turmoil fanned fears the country could crash out of the […]
November 16, 2018

Bankrupt Sears wins court approval for plans to sell stores

Sears Holdings Corp won U.S. bankruptcy court approval on Thursday to move forward with plans to stay in business and sell itself, even as it continues […]
November 16, 2018

PG&E shares surge 40 percent on report regulator wants to avoid bankruptcy from wildfire

PG&E Corp shares soared 40 percent in after-hours trade on Thursday after a report that a regulatory official told investors the agency does not want the […]
November 16, 2018

World stocks rebound, Brexit blow-up levels sterling

A gauge of global stocks climbed on Thursday after five sessions of declines as Wall Street surged on trade optimism, while sterling tumbled as political developments […]
November 15, 2018

PG&E shares up 37 percent on report regulator does not want bankruptcy

PG&E Corp shares soared 37 percent in after-hours trade on Thursday after a report that a California regulatory official told investors that the agency does not […]
November 15, 2018

California judge orders next Monsanto weed-killer cancer trial for March

A California judge on Thursday granted an expedited trial in the case of a California couple suffering from cancer who sued Bayer AG’s Monsanto unit, alleging […]
November 15, 2018

Erich Hampel to step down as chair of UniCredit Bank Austria

Italian lender UniCredit on Thursday said that its Austrian business’s Chairman Erich Hampel has resigned from the Board and will also step down from all other […]
November 15, 2018

Goldman CEO ‘personally outraged’ by Malaysia’s 1MDB corruption scandal

Goldman Sachs Group Inc Chief Executive Officer David Solomon has told employees he is “personally outraged” that any of the bank’s officials would take the actions […]
November 15, 2018

USTR Lighthizer denies he said China tariffs on hold

U.S. Trade Representative Robert Lighthizer on Thursday denied a report that he had told some industry executives that another round of tariffs on Chinese imports had […]
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