BEIJING, June 14 (Reuters) – China’s market regulator said on Friday that Tesla (TSLA.O), opens new tab would fix software in 5,836 imported Model 3, Model S and Model X cars from July, citing safety issues. The action is described as a […]
NEW YORK, June 13 (Reuters) – Goldman Sachs (GS.N), opens new tab aims to double its lending over the next five years to ultra-wealthy private bank clients with account sizes exceeding $10 million, as it gathers more deposits to supercharge lending, the […]
BEIJING – Sweeping revisions to China’s law against money laundering are in the works, as the world’s second-largest economy steps up efforts to curb illicit capital flows that could threaten not just the security of its financial system, but also […]
June 13 (Reuters) – Wells Fargo (WFC.N), opens new tab last month terminated over a dozen employees after reviewing allegations that they were involved in simulation of keyboard activity, creating an impression of active work, Bloomberg News reported, opens new tab on Thursday. The […]
ZURICH, June 12 (Reuters) – UBS’s (UBSG.S), opens new tab takeover of Credit Suisse has fed a creeping anxiety that Swiss companies will pay a price for the enlarged bank’s outsize market strength. The historic 2023 deal created a bank with a balance sheet […]
ATHENS, June 12 (Reuters) – Greece plans an early repayment of 8 billion euros ($8.61 billion) of bailout loans to euro zone countries this year as the country’s economy rebounds from the previous decade’s debt crisis, two officials told Reuters […]
June 13 (Reuters) – Virgin Money UK (VMUK.L), opens new tab on Thursday warned of a higher cost-to-income ratio in the second half of the year, as the British lender delayed certain restructuring plans due to an all-cash takeover proposal from building […]
RUSSIA’S main exchange said it is halting trading in US dollars and the euro after President Joe Biden’s administration unveiled a raft of measures designed to further isolate Moscow from the international financial system over its war in Ukraine. The […]
Becton Dickinson BDX -0.60%decrease; red down pointing triangle agreed to acquire an Edwards Lifesciences EW -0.24%decrease; red down pointing triangle unit for $4.2 billion, in one of the company’s largest of many transactions. The medical technology company has made 113 deals dating back to March 1992, several […]
A coalition of investors, led by private-equity firms KKR KKR 11.18%increase; green up pointing triangle and Global Infrastructure Partners, as well as the Indo-Pacific Partnership for Prosperity, has pledged to invest $25 billion in infrastructure in the Indo-Pacific region, focusing on sectors like energy […]
