(Reuters) – Embattled property developer China Evergrande Group said on Friday it has “adequately” fulfilled the resumption guidance issued by […]
Wells Fargo to pay $35 million penalty over excessive fees, U.S. SEC says
NEW YORK (Reuters) -Wells Fargo has agreed to pay a $35 million civil penalty to settle U.S. charges that the […]
U.S. consumer sentiment slips slightly in August
By Safiyah Riddle (Reuters) -U.S. consumer sentiment fell modestly in August, as short and long term inflation expectations worsened, a […]
Ericsson sees IPR licensing revenues of $1 billion this year
STOCKHOLM (Reuters) -Sweden’s Ericsson predicted on Friday intellectual property rights (IPR) licensing income of 11 billion Swedish crowns ($1 billion) […]
Indian food delivery firm Swiggy restarts IPO plans, aims for 2024 listing- sources
By M. Sriram MUMBAI (Reuters) – Swiggy, the Softbank-backed food delivery company, is eyeing a 2024 stock market listing and […]
3M settles US anti-bribery law charges in China unit, SEC says
(Reuters) – 3M Co has agreed to pay more than $6.5 million to resolve U.S. charges of Foreign Corrupt Practices […]
Fed’s Mester keeps door open for more rate hikes in CNBC interview
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said on Friday it’s […]
Rate hike chances rise after remarks by Fed’s Powell
By Gertrude Chavez-Dreyfuss and Dan Burns NEW YORK (Reuters) – Interest rate futures tied to the Federal Reserve’s policy rate […]
AstraZeneca sues US over Medicare drug price negotiation plans
(Reuters) -AstraZeneca said on Friday it has sued the U.S. government to block parts of a program that gives the […]
BofA sees “trouble” ahead for tech stocks despite big inflows
By Lewis Krauskopf and Yoruk Bahceli (Reuters) – Strategists at BofA Global Research see second-half “trouble” for technology stocks even […]