Convicted former WorldCom CEO Ebbers dead at 78
Bernard Ebbers, the former WorldCom Inc chief executive convicted in one of the largest U.S. accounting scandals, died on Sunday, his family said in a...
Australia’s Westpac hit with second U.S. class-action
Investor rights law firm Bernstein Liebhard has filed a class-action suit against Australia’s No. 2 lender, Westpac Banking Corp , accusing it of failing to...
Virus worries wipe $420 billion off China’s stock market
Investors erased $420 billion from China’s benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its...
China central bank’s reverse repo rate cut to alleviate economy shock: adviser
China’s cut to its reverse repo rate should alleviate the shock to the real economy from a virus outbreak and is a good move to...
Shanghai stocks hit by $370 billion wipeout as virus fears pound Chinese markets
Chinese stock and commodity markets fell heavily at the open on Monday, in the first trading session after an extended Lunar New Year break, as...
Asian shares drop, commodities sink on virus fears after Lunar New Year break
Asian shares stumbled on Monday, oil skidded and commodities on Chinese exchanges plunged on their first trading day after a long break on fears the...
Chinese markets tumble on coronavirus fears
Chinese stock and commodity markets fell heavily at the open on Monday, in the first trading session after an extended Lunar New Year break, as...
Exxon Baytown refinery union workers reject contract offer – sources
Union workers at Exxon Mobil Corp’s Baytown, Texas, refinery rejected a contract extension in voting completed on Friday, said sources familiar with the vote....
Asian shares set for rough ride on virus fears, China in focus
Asian markets are set for another bumpy ride on Monday on fears about the hit to world growth from the rapidly spreading coronavirus, with all...
U.S. flight rules on China visits will pose new airline challenges
The U.S. Department of Homeland Security (DHS) issued rules on Sunday to implement new restrictions on Americans who have recently visited China to address the...