Oil prices fall on signs of large U.S. stock build
Oil prices eased on Thursday after industry data showed a larger-than-expected build-up in stocks in the United States, although losses were limited by comments by...
Barneys enters deal to sell assets to Authentic Brands, B. Riley for $271 million cash
U.S. luxury department-store chain Barneys New York Inc has reached an agreement to sell its assets to brand developer Authentic Brands Group and investment bank...
South Korean court upholds 45-day ban on Asiana’s San Francisco flights
South Korea’s Supreme Court on Thursday upheld a government decision to suspend Asiana Airlines’ Incheon-San Francisco route for 45 days, adding to the debt-ridden carrier’s...
Asian shares pause after five-day rally, Brexit in focus
Asian stocks barely moved on Thursday as soft U.S. retail sales data raised fears about the health of the world’s largest economy, sucking the steam...
South Korea’s top court upholds suspension of Asiana Airlines’ San Francisco route for 45 days
South Korea’s Supreme Court on Thursday upheld a government decision to suspend Asiana Airlines’ Incheon- San Francisco route for 45 days....
Citigroup names Peter Babej as Asia Pacific chief executive: memo
Citigroup Inc has named Peter Babej, the U.S. bank’s global head of financial institutions group, as its new Asia Pacific chief executive officer, according to...
Global shares lose steam on weak U.S. retail sales, Brexit in focus
Global stocks barely moved on Thursday as soft U.S. retail sales data raised concerns about the health of the world’s largest economy and risk of...
Drug firms offer to settle U.S. opioid suits with $50 billion package – sources
Five drugmakers and distributors are offering $22 billion in cash as well as drugs and services they value at $28 billion to resolve lawsuits alleging...
SEC freezes assets of 18 traders over alleged manipulation
U.S. authorities said on Wednesday it has obtained an asset freeze against 18 traders, who are primarily China-based, over an international market manipulation scheme that...
U.S., Chinese teams working on Phase 1 trade deal text: Mnuchin
U.S. and Chinese trade negotiators are working on nailing down a Phase 1 trade deal text for their presidents to sign next month, U.S. Treasury...