SEC says may give firms more time to comply with Europe’s research rules
The U.S. Securities and Exchange Commission (SEC) could extend a 30-month grace period granted to Wall Street firms to comply with European Union investment rules...
Lanxess, Bayer sell chemical park operator to Macquarie for $3.9 billion
German chemical groups Bayer and Lanxess have agreed to sell integrated chemical site operator Currenta to Macquarie Infrastructure and Real Assets (MIRA) for an enterprise...
Cobalt, Africa setbacks shrink Glencore’s first-half profit
Glencore reported a 32% drop in first-half core profit on Wednesday, sending its shares to their lowest since late 2016, and said it would suspend...
Oil sets new seven-month low on trade tensions
Oil prices slipped further on Wednesday, extending recent heavy losses as deepening Sino-U.S. trade tensions weighed on the outlook for the global economy and energy...
Toyota turns to AI startup to accelerate goal of robots for the home
Toyota Motor Corp has designs on making robot helpers for your home, and has enlisted a Japanese startup that specializes in artificial intelligence to jump-start...
Oil slips as U.S.-China trade tensions fuel demand concerns
Oil prices dipped on Wednesday as potential damage to the global economy and fuel demand from the intensifying Sino-U.S. trade dispute continued to cast a...
SoftBank Group first-quarter profit blows past estimates on Vision Fund gains
Japan’s SoftBank Group Corp raked in a better-than-expected quarterly operating profit due to a leap in investing gains from the $100 billion Vision Fund....
SoftBank Group first-quarter profit falls 4%, but tops estimates
SoftBank Group Corp’s first-quarter operating profit fell 3.7%, but was well above estimates, compared to the same period last year that saw the sale of...
Glencore first-half profit slumps 32%
Glencore Plc reported a 32% drop in first-half core profit and said it was planning to put its Mutanda mine in the Democratic Republic of...
Commerzbank’s targeted rise in 2019 net profit ‘ambitious’
Commerzbank on Wednesday posted net profit in the second quarter that was little changed from a year ago, helped by low taxes, but the German...