NEW YORK (Reuters) – Billionaire Steven A. Cohen, long a major investor in U.S. stocks, is looking for more opportunities overseas and is beefing up his management team in Asia, his top deputy said.
ABUJA (Reuters) – OPEC member Nigeria expects oil producers to agree a supply freeze at a meeting in Doha next month which should stabilize crude prices even if Iran does not join, its petroleum minister said on Wednesday.
(Reuters) – Three former officials at Venezuela’s state oil company have pleaded guilty to U.S. charges related to a scheme by two businessmen to corruptly secure energy contracts, the U.S. Justice Department said on Wednesday.
NEW YORK (Reuters) – Carlos Ghosn, CEO of the Renault-Nissan Alliance, said Wednesday he thinks auto industry sales will outpace industry forecasts in the United States and Europe this year.
WASHINGTON (Reuters) – New U.S. single-family home sales rebounded modestly in February as a surge in the West offset sharp declines in other regions, pointing to a gradually improving housing sector amid a dearth of properties available on the market….
BOSTON (Reuters) – An influential group representing top U.S. pension funds on Wednesday urged companies that go public to stop using a maneuver that gives insiders extra control and makes other investors second-class corporate citizens.
(Reuters) – Starbucks Corp said media reports that the company had canceled its shareholder meeting set for Wednesday were false.
(Reuters) – Canadian gambling website operator Amaya Inc’s Chief Executive David Baazov has been charged with insider trading by Quebec’s securities regulator.
DUBAI (Reuters) – The United States is not standing in the way of foreign banks doing business with Iran, a senior U.S. official said on Wednesday, but his comments appeared unlikely to satisfy frustrated businessmen and Iranian officials.
LONDON (Reuters) – Tom Hayes, a former star trader serving an 11-year jail sentence for manipulating Libor interest rates, was on Wednesday ordered to pay 878,806 pounds ($1.25 million) by a judge or face further time in prison.
LONDON (Reuters) – A British judge approved on Wednesday a U.S. request for the extradition of a London-based trader accused of contributing to the 2010 Wall Street “flash crash” by placing bogus orders to spoof the market.
(Reuters) – General Mills Inc , the maker of Cheerios cereal and Yoplait yogurt, reported a better-than-expected quarterly profit as cost-cutting programs helped reduce the impact of weaker sales in the United States.
(Reuters) – Wall Street closed lower on Wednesday as oil and materials share prices dropped while investors remained cautious a day after deadly bombing attacks in Belgium.
RIYADH/KHOBAR, Saudi Arabia (Reuters) – Mobarak Musa, a mobile telephone salesman from Syria, has spent 10 years working in Saudi Arabia, sending part of his wages back home to support his parents and three brothers. A shift in Saudi labor policy means…
MOSCOW (Reuters) – Fiat Chrysler Automobiles will recall 419 Jeep Grand Cherokee, Jeep Liberty and Dodge Viper cars in Russia, the country’s technical safety watchdog Rosstandart said on Wednesday.
ZURICH (Reuters) – A slump in investment banking revenues pushed Credit Suisse to accelerate its cost-cutting plan as Chief Executive Tidjane Thiam admitted he had been unaware of trading positions that triggered more big writedowns in the first quarte…
BOSTON/NEW YORK (Reuters) – More cash, lower targets and bigger share awards – not all U.S. energy bosses are feeling the full impact of tumbling oil prices in their paychecks. Some oil and gas companies are making it easier for their top managers to m…
WASHINGTON (Reuters) – The U.S. government will give Chinese telecom equipment and smartphone maker ZTE Corp a three-month reprieve on tough export restrictions it imposed this month, the Commerce Department said on Tuesday.
HONG KONG (Reuters) – Sentiment at some of the biggest companies across Asia brightened in the first quarter of 2016, rising from a four-year low registered three months prior, as executives bet on economic improvement in China, a Thomson Reuters/INSEA…
NEW YORK (Reuters) – Global equity markets fell and the dollar advanced on Wednesday as hawkish comments by Federal Reserve officials raised the possibility of more U.S. interest rates hikes this year than investors are anticipating.
(Reuters) – Wal-Mart Stores Inc said it will build a dairy processing plant in Indiana to supply private-label milk to about 600 stores, curtailing business with some suppliers in the retailer’s sole foray into food processing in the United States.
WASHINGTON (Reuters) – An executive with Amazon.com Inc’s unit that sells office supplies to businesses gave testimony on Tuesday that appeared to bolster a U.S. regulator’s wariness over a potential merger of Staples Inc and Office Depot Inc .
NEW YORK (Reuters) – A former Goldman Sachs Group Inc associate who admitted to illegally obtaining confidential documents from a friend at the Federal Reserve Bank of New York was handed a fine on Tuesday but spared a prison sentence.
(Reuters) – The two hedge funds that have launched a boardroom fight with United Continental Holdings Inc on Tuesday called on the airline to immediately appoint one of its two new board members as chairman, according to a regulatory filing.
NEW YORK (Reuters) – Fiat Chrysler’s premium Maserati brand is developing a semi-automated driving system for its new Levante utility vehicle that also will likely find its way into the company’s Ghibli and Quattroporte sedans in the next two years, Ch…
(Reuters) – The U.S. state of Kentucky filed suit against Volkswagen AG and its luxury units Tuesday over the German automaker’s excess diesel emissions scandal.