Exxon to face trial in New York investor fraud lawsuit
Exxon Mobil Corp on Tuesday will face trial in a lawsuit by New York’s attorney general accusing it of misleading investors about the risks of...
Oil rises on optimism about prospects for a U.S.-China deal
Oil prices rose on Tuesday after China signaled progress in trade talks with the United States, but gains were capped by bearish forecasts of a...
How a major U.S. farm lender left a trail of defaults, lawsuits
After completing a credit review in a half-hour phone call, a BMO Harris Bank underwriter cleared $12 million in loans for Ohio corn and soybean...
Trade tensions, jibes at U.S. overshadow Chinese cyber conference
At one of the world’s showpiece tech conferences in China, jibes at the United States for its ‘bully behavior’ lent a Cold War tone to...
Investor revolt scuppers Sunrise’s $6.4 billion Liberty Global deal
Sunrise Communications Group bowed to investor pressure on Tuesday and scrapped its 6.3 billion Swiss franc ($6.39 billion) acquisition of Liberty Global’s Swiss cable business...
Earnings weigh on European stocks, sterling lower before Brexit votes
European shares edged lower on Tuesday as talk of progress in China-U.S. trade talks was offset by mixed corporate earnings, while sterling retreated ahead of...
Renault chairman vows to get Nissan alliance back on track next year
Renault Chairman Jean-Dominique Senard is determined to get the carmaker’s alliance with Japan’s Nissan back on track next year, he said on Tuesday, adding other...
Goldman Sachs lowers forecast 2020 U.S. shale oil output growth
Goldman Sachs wound back its forecast for growth in U.S. shale output in 2020, and slightly reduced its outlook for 2020 global oil demand growth....
AMS posts third-quarter revenue jump, sees strong demand from Apple, others
Apple supplier AMS beat expectations with a 41% jump in third-quarter revenue on Tuesday and forecast further strong demand for its optical sensors from smartphone...
UBS tightens investment banking belt as earnings slide continues
Swiss bank UBS is axing high-paying investment banking staff after a disappointing performance at the division prompted a 16% slide in third-quarter net profit and...