Credit Suisse sheds nearly 13% of workforce this year
(Reuters) – Credit Suisse has shed nearly 13% of its workforce this year, underlining the turmoil at the bank that…
Tesla sued by US agency over alleged harassment of Black factory workers
(Reuters) – A U.S. civil rights agency sued Tesla (NASDAQ:TSLA) Inc on Thursday, claiming the electric carmaker has tolerated severe…
UK growth revised up to show faster post-pandemic recovery
(Reuters) – Britain’s economic performance since the start of the COVID-19 pandemic has been stronger than previously thought, with faster…
Gold prices near 7-mth low before inflation data, copper up on China hopes
Gold prices moved little in Asian trade on Friday, hovering near a seven-month low hit earlier this week as markets…
Oil heads for 2% weekly gain on tight U.S. supply, China demand
(Reuters) – Oil prices slipped on Friday but were headed for a gain of 2% for the week driven by…
Asia FX muted as dollar, yield rally cools before inflation data
Most Asian currencies moved little on Friday, but stemmed some recent losses as the dollar came off 10-month highs and…
Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assets
(Reuters) – China Evergrande (HK:3333) Group sold its luxury superyacht for about $32 million earlier this year, said two sources,…
Credit Suisse foresees $1.6 billion Q3 loss due to loan reclassification
Credit Suisse, now a part of UBS, anticipates a third-quarter loss of about $1.6 billion stemming from the reclassification of…
Tesla sued by US agency over alleged harassment of Black factory workers
(Reuters) -A U.S. civil rights agency sued Tesla (NASDAQ:TSLA) Inc on Thursday, claiming the electric carmaker has tolerated severe harassment…
Accenture forecasts lower Q1 revenue amid cautious global spending
IT services company Accenture (NYSE:ACN) has projected first-quarter revenue below Wall Street expectations on Thursday, as a challenging economic environment…