U.S. property trust Vornado challenges Arcadia’s restructuring plan
Philip Green’s fashion empire Arcadia Group on Tuesday said it received applications from legal entities of U.S.-based property group Vornado challenging two of its seven...
South Korea bourse fines BofA Merrill Lynch over irregular trading
The Korea Exchange (KRX) said on Tuesday it has imposed a 175 million won ($148,655) fine on Bank of America Merrill Lynch’s South Korean unit...
Renault sees new model push as softening sales decline
French carmaker Renault posted a 6.7% decline in first-half vehicle sales amid a global auto slowdown, but said a forthcoming product offensive would begin to...
Bayer shares up 1.8% trade after U.S. Roundup rule
Shares in German chemicals company Bayer rose 1.8% in early trade on Tuesday after a U.S. judge slashed a damages award Bayer owes a California...
South Korea bourse fines BofA Merrill Lynch branch over irregular trading
The Korea Exchange (KRX) said on Tuesday it has decided to impose a 175 million won ($148,655) fine on Bank of America Merrill Lynch’s South...
South Korean forced labor victims to seek Japan’s Mitsubishi asset sale
South Koreans forced to work for Japanese occupiers will seek a court order to forcibly liquidate Japan’s Mitsubishi Heavy Industries’ assets to compensate them, their...
Ryanair cuts summer 2020 growth rate on Boeing MAX doubts
Europe’s largest budget carrier Ryanair has cut its forecast for growth in traveler numbers next summer due to the possibility of further delays in deliveries...
Oil falls as U.S. resumes Gulf of Mexico output, boosts shale supplies
Oil prices dipped on Tuesday, extending losses from the previous session, as output in the U.S. Gulf of Mexico resumed after Hurricane Barry and as...
Garden tools maker Husqvarna second-quarter profit just lags expectations
Sweden’s Husqvarna reported on Tuesday a slightly smaller increase than expected in second-quarter operating profit as savings and price hikes helped offset subdued demand due...
Oil steady as U.S resumes Gulf of Mexico output amid signs of further supply
Oil prices were steady on Tuesday after falling in the previous session as output in the U.S. Gulf of Mexico resumed after Hurricane Barry swept...