SEC sues former Nissan CEO Carlos Ghosn over compensation: court filings
The U.S. Securities and Exchange Commision filed a lawsuit on Monday against former Nissan Motor chief executive Carlos Ghosn over claims he took part in...
Hundreds of thousands stranded after travel firm Thomas Cook collapses
Hundreds of thousands of holidaymakers were stranded on Monday by the collapse of the world’s oldest travel firm Thomas Cook , sparking the largest peacetime...
‘Absolutely gutted’: demise of Thomas Cook wrecks travelers’ plans
Holidaymakers hit by the collapse of Thomas Cook , the world’s oldest tourist firm, desperately scrambled for information on Monday on how to get home,...
WeWork bond prices falls after SoftBank questions CEO: MarketAxess
The price of We Company’s 7.875% May 2025 junk bond fell 1.1% on Monday morning, MarketAxess data showed, following reports from sources that investor SoftBank...
Online banks to take bigger share of U.S. deposit market: Evercore
Online banks, such as Ally Financial Inc and Capital One Financial Corp , are expected to take a bigger chunk of the overall U.S. deposit...
Wall Street set to open lower as U.S.-China trade optimism fades
U.S. stock indexes were set to open slightly lower on Monday as investors were cautious about progress in Sino-U.S. trade talks and waited for a...
Saban says to give up controlling stake in Israel’s Partner Communications
U.S.-Israeli media magnate Haim Saban on Monday said he would give up control in Israeli mobile phone operator Partner Communications after failing to secure better...
Swiss probe incident involving ex-Credit Suisse banker Khan, private detectives
Zurich prosecutors have opened a criminal investigation into an incident last week in which private detectives allegedly shadowed ex-Credit Suisse banker Iqbal Khan and his...
Credit Suisse’s Thiam, Rohner blast reports of Khan incident as sensational
Credit Suisse Chief Executive Tidjane Thiam and Chairman Urs Rohner said on Monday a detailed inquiry is under way into an incident involving ex-employee Iqbal...
Oil falls below $64 on prospects for Saudi output restart, economic concerns
Oil fell below $64 a barrel on Monday, reversing an earlier gain, pressured by the prospect of a faster-than-expected full restoration of Saudi oil output...