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UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession.
2023-08-15 01:48
Global food security is at crossroads as rice shortages and surging prices hit the most vulnerable
Global food security is at crossroads as rice shortages and surging prices hit the most vulnerable
Countries worldwide are scrambling to secure rice after a partial ban on exports by India cut global supplies by roughly a fifth
2023-08-21 12:17
French car maker Renault first-half sales jump 13%
French car maker Renault first-half sales jump 13%
(Reuters) -French car maker Renault on Wednesday said its worldwide sales rose 13% in the first six months of the
2023-07-19 13:56
Los Angeles FC Considers Buying Swiss Team Grasshopper Zurich
Los Angeles FC Considers Buying Swiss Team Grasshopper Zurich
The Chinese owners of Grasshopper Club Zurich are in early-stage talks to sell the Swiss football team to
2023-10-24 03:52
The Dutch king will deliver a speech at an event on the anniversary of slavery's end in its colonies
The Dutch king will deliver a speech at an event on the anniversary of slavery's end in its colonies
Dutch King Willem-Alexander will deliver a speech to commemorate the anniversary of the country abolishing slavery
2023-07-01 16:49
Google introduces generative AI to Search in India, Japan
Google introduces generative AI to Search in India, Japan
Alphabet's Google said on Wednesday it introduced generative artificial intelligence to its Search tool for users in India
2023-08-31 08:50
Kohl's beats estimates for quarterly profit
Kohl's beats estimates for quarterly profit
Kohl's Corp beat quarterly profit estimates on Wednesday, as leaner inventories, lower costs and fewer discounts helped the
2023-08-23 19:26
Black Knight-ICE Merger Hopes Fueled by Unit Sale Ahead of FTC Fight
Black Knight-ICE Merger Hopes Fueled by Unit Sale Ahead of FTC Fight
Shares of Black Knight Inc. drew closer to Intercontinental Exchange Inc.’s takeover offer as Wall Street bolstered bets
2023-07-18 04:55
Foxconn: Apple supplier drops out of $20bn India factory plan
Foxconn: Apple supplier drops out of $20bn India factory plan
Some analysts say Foxconn's decision marks a setback to the country's technology industry ambitions.
2023-07-11 12:16
Calls grow from Fed officials to 'skip' a rate hike
Calls grow from Fed officials to 'skip' a rate hike
Two senior Federal Reserve officials indicated Wednesday that they may support skipping an interest-rate hike in June to give the Fed more time to assess...
2023-06-01 03:48
Britain’s Post-Brexit Policy Drift Alarms World’s Executives
Britain’s Post-Brexit Policy Drift Alarms World’s Executives
When Dan Vahdat set out to build a healthcare startup, the UK was an ideal launchpad. That was
2023-06-12 07:18
Fortescue’s Iron Ore CEO Resigns After Less Than Six Months
Fortescue’s Iron Ore CEO Resigns After Less Than Six Months
Fortescue Metals Group Ltd. said the company’s chief executive officer of its iron ore division, Fiona Hick, had
2023-08-28 08:55