Volkswagen headquarters raided again over diesel scandal
German public prosecutors raided the Wolfsburg headquarters of Volkswagen on Tuesday in the latest investigation into the carmaker’s diesel emissions scandal....
Federal Reserve terminates 2015 forex enforcement action against Bank of America
The U.S. Federal Reserve announced Wednesday it had terminated a 2015 enforcement action against Bank of America over its shortcomings in preventing traders from manipulating...
Wall St. sinks as Trump hints at delay in trade deal with China
Wall Street fell more than 1% and the benchmark S&P 500 hit a near one-month low on Tuesday, as comments from President Donald Trump and...
Goldman to launch new products and services on Amazon’s cloud
Goldman Sachs Group Inc Chief Executive David Solomon said the bank will be launching new technology-based products and services for its institutional clients on Amazon’s...
Fidelity Investments names new head of $3 trillion asset management division
Fidelity Investments on Tuesday named Bart Grenier, who was at the center of a tickets scandal at the mutual fund company more than a decade...
Glencore’s Glasenberg says successor could be in place next year
Glencore could announce a new CEO next year once a new team is in place after a transition process starting in the new year, its...
Oil steadies after brief slide on Trump’s U.S-China trade comments
Oil steadied on Tuesday, as expectations of output cuts from OPEC and allied producers brought prices back up after they slid briefly following comments from...
Volkswagen headquarters raided again in connection with diesel scandal
Public prosecutors on Tuesday raided the Wolfsburg headquarters of Volkswagen as part of the investigation into the car maker’s diesel scandal....
Nokia names veteran Sari Baldauf as group boss to take on 5G challenge
Telecoms equipment maker Nokia announced on Tuesday that it plans to appoint its former networks chief Sari Baldauf as chairman, succeeding Risto Siilasmaa who will...
Glencore CEO says to deliver management transition ‘shortly’
Glencore CEO Ivan Glasenberg said on Tuesday the mining and trading company would “shortly” bring in new leadership as part of a management transition....