Citi names Fraser as president, putting her in line to be first female CEO
Citigroup Inc has promoted Jane Fraser to head of its global consumer bank and president, putting her in a position eventually to become the first...
Oil retreats after three-day rally on renewed demand, economic growth concerns
Oil prices stepped back on Friday after three straight days of gains, hurt by renewed concerns about fuel demand in light of gloomy economic growth...
Samsung heir appears at court for his bribery trial
Samsung Group heir Jay Y. Lee appeared at a Seoul courtroom on Friday for the start of a bribery trial that could result in a...
Indonesia’s report on Lion Air 737 MAX crash recommends redesign, better training: Seattle Times
Indonesia has recommended closer scrutiny of automated control systems, better design of flight deck alerts and accounting for a more diverse pilot population in the...
Indonesia’s report on Lion Air 737 MAX crash faults design, certification: Seattle Times
The final report by Indonesian investigators into Lion Air crash of a Boeing 737 MAX in Indonesia have faulted the design and certification of Boeing’s...
SoftBank to write down minimum $5 billion for WeWork, other losses: Bloomberg
SoftBank Group Corp is poised to write down at least $5 billion to account for a sharp drop in the value of some of its...
HSBC, StanChart results to show Hong Kong protests are starting to gnaw
HSBC Holdings Plc and Standard Chartered Plc are set to show early signs of strain from anti-government protests in Hong Kong, the single-biggest profit center...
U.S. Treasury temporarily blocks creditor seizure of refiner Citgo
The United States on Thursday temporarily blocked a creditor seizure of Citgo, a win for political leaders in Venezuela struggling to retain control over the...
Walmart, CVS and Rite Aid pull 22-ounce J&J baby powder off shelves
Three major U.S. retailers, including Walmart, are removing all 22-ounce bottles of Johnson & Johnson’s baby powder from their stores, following the healthcare conglomerate’s recall...
Brazil narrows field to China, Russia, France for Angra 3 nuclear partner
(This October 23 story corrects paragraph 8; Westinghouse owned by Brookfield Business Partners, not Toshiba Corp as erroneously reported)...