U.S. markets regulator proposes new guidelines on shareholder advisers
The U.S. Securities and Exchange Commission on Wednesday proposed new guidance that aims to clarify how investors and advisory firms that vote on their behalf...
Nestle to invest almost $250 million in Brazil over the next three years
Nestle SA said on Wednesday it will invest 1 billion reais (about $250 million) in Brazil’s Sao Paulo state over the next three years to...
U.S. home sales jump, boosted by lower mortgage rates
U.S. home sales rose more than expected in July, boosted by lower mortgage rates and a strong labor market, signs the Federal Reserve’s shift toward...
Uniper workers urge Fortum to spell out future plans to allay downgrade fears
Labor representatives at Uniper , fearing a ratings downgrade in the event of a full takeover of the German energy group, have called on major...
Commerzbank mulls branch closures as part of broader strategy review
German lender Commerzbank is considering closing some bank branches as it figures out a way forward after its talks to merge with rival Deutsche Bank...
Wall St. rises at open as Lowe’s, Target boost retailers
U.S. stocks opened higher on Wednesday, as strong results from Lowe’s and Target boosted retailers, while investors awaited minutes from the Federal Reserve’s July policy...
Exclusive: Checks to be ordered after 2017 Airbus A380 engine explosion
Investigators probing an engine explosion on an Air France A380 in 2017 are studying a possible manufacturing flaw with a key part in a move...
U.S. home refinancing activity hits three-year high: MBA
U.S. homeowners filed the most applications to refinance their current mortgages in over three years as 30-year borrowing costs slipped to their lowest levels since...
Trump heaps pressure on Fed and its chairman Powell to cut rates
President Donald Trump on Wednesday continued to pressure the Federal Reserve and the central bank’s chairman to lower interest rates, saying its policies were hampering...
Danish regulator prepares report for police on Danske overcharging
Denmark’s financial watchdog has prepared a draft report to send to Danish police over Danske Bank’s overcharging of customers, a scandal that led to the...