Activist investor Carl Icahn sells nearly a third of his Occidental Petroleum stake
Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp’s board over its $38 billion acquisition of Anadarko Petroleum, cut...
Italian court convicts Deutsche Bank, Nomura in Monte Paschi derivative trial
An Italian court on Friday convicted 13 former bankers from Deutsche Bank, Nomura and Monte dei Paschi di Siena over derivative transactions that prosecutors say...
U.S. CFTC orders Wells Fargo Bank to pay $14 million over alleged violations
The U.S. Commodity Futures Trading Commission has ordered a Wells Fargo & Co unit to pay more than $14 million over alleged multiple swap dealer...
Trade deal doubts clip world stock rally, oil falls
Oil prices fell and global equity markets slid on Friday, halting a week-long rally on hopes an end to the U.S.-China trade war was near,...
Gap says still planning Old Navy spin-off as CEO departs
Gap Inc said on Friday it was sticking with plans to spin off its Old Navy brand into a separate company, as Wall Street analysts...
Germany’s economic pain is here to stay
It was meant to be a fleeting slowdown for Europe’s economic powerhouse, followed by a rapid rebound....
Trump says has not agreed to roll back tariffs on China
President Donald Trump on Friday told reporters he has not agreed to roll back tariffs on China but that Beijing would like him to do...
Total says to avoid fuel shortage as strike escalates at Feyzin refinery
French energy major Total said on Friday it was taking measures to avoid fuel and other products shortages after striking workers blocked distribution from its...
EasyJet, Jet2.com buy Thomas Cook’s UK airport slots
British budget airlines easyJet and Jet2.com have bought the take-off and landing slots of failed travel company Thomas Cook at London Gatwick and Manchester airports,...
S&P 500, Nasdaq open lower as trade-fueled rally pauses
The S&P 500 and Nasdaq indexes opened slightly lower on Friday after a record run this week fueled by rising hopes of a U.S.-China trade...