China’s Country Garden says $100 billion Malaysia project on track
(Reuters) – Embattled Chinese developer Country Garden said on Monday its $100-billion project in Malaysia was proceeding as planned and…
European shares rise as fresh Chinese measures lift mood, tech stocks rally
(Reuters) – European shares advanced at the open on Monday, with technology stocks leading gains following an upbeat close on…
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…
Biden administration unveils new crypto tax reporting rules
(Reuters) – Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users’ sales and exchanges…
Fed’s Powell: Not yet clear rates are high enough to control inflation
(Reuters) – The U.S. Federal Reserve may need to raise interest rates further to ensure inflation is contained Fed Chair…
Crude oil gains ahead of Powell’s Jackson Hole speech
Oil prices rose Thursday, rebounding to a degree from weakness during the week, ahead of an eagerly awaited speech by…
Citi expects lululemon athletica beat and raise but near-term upside to be limited
Citi analysts said the firm expects lululemon athletica (NASDAQ:LULU) to report a second-quarter earnings beat and raise full-year guidance when…
Wells Fargo to pay $35mln penalty over excessive fees, U.S. SEC says
(Reuters) – Wells Fargo (NYSE:WFC) has agreed to pay a $35 million civil penalty to settle U.S. charges that the…
U.S. stocks are rising as investors await Powell’s speech at Fed confab
U.S. stocks were rising as investors prepared to hear from Federal Reserve Chair Jerome Powell this morning from the central…
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…