Oil eases as U.S. drilling activity picks up
Oil prices fell on Monday after an increase in U.S. drilling activity, but held near recent three-month highs on hopes for a trade deal between...
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...
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...
Oil group Total to pay $100 million bonus as part of Apache Suriname deal
French oil company Total said on Monday that it would pay a bonus of $100 million as part of its previously announced deal with U.S....
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...
Bank of Italy ready to account for Popolare di Bari supervision: Visco to press
Bank of Italy has “positively” accomplished its supervision duties and it is ready to account for its action on failing lender Banca Popolare di Bari,...
Roche enters $1.15 billion licensing deal for Sarepta gene therapy
Roche entered into a $1.15 billion licensing agreement with Sarepta Therapeutics to obtain the right to launch and commercialize Sarepta’s investigational gene therapy for Duchenne...
Asian shares near 18-month high, bask in trade deal afterglow
Asian markets idled near 18-month highs on Monday as trading volumes weakened ahead of the Christmas holiday break, with investors taking profit on gains made...
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...
China’s industrial output to grow around 5.6% year-on-year in 2019: ministry
China’s industrial output is expected to grow around 5.6% in 2019, the Ministry of Industry and Information Technology said on Monday....