Wells Fargo reaches $1 billion settlement with shareholders over recovery from scandals
(Reuters) – Wells Fargo (NYSE:WFC) & Co has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders…
Vodafone’s new boss to cut 11,000 jobs as cash flow to fall
(Reuters) – New Vodafone (NASDAQ:VOD) boss Margherita Della Valle said on Tuesday she would cut 11,000 jobs over three years…
Exclusive-LG Display to supply OLED TV panels to Samsung Elec – sources
(Reuters) – South Korea’s LG Display (NYSE:LPL) Co Ltd will start supplying high-end TV panels to Samsung (KS:005930) Electronic Co…
Marketmind: Europe has a data fest, and growth worries
A look at the day ahead in European and global markets from Vidya Ranganathan Tuesday’s a busy day for European…
Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say
(Reuters) – Australian fund Macquarie is raising legal hurdles over a plan backed by Italy’s Treasury for state lender CDP…
Morgan Stanley weighs cutting 7% of Asia investment bank jobs-source
(Reuters) – Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, or about 40 jobs, according…
Japan stocks higher at close of trade; Nikkei 225 up 0.73%
Japan stocks were higher after the close on Tuesday, as gains in the Financial Services, Insurance and Pharmaceutical Industry sectors led shares higher. At the…
Australia stocks lower at close of trade; S&P/ASX 200 down 0.45%
Australia stocks were lower after the close on Tuesday, as losses in the Consumer Staples, Gold and IT sectors led shares lower. At the close…
European stocks edge higher; caution remains over global growth concerns
European stock markets traded largely higher Tuesday, with investors digesting global growth concerns, political uncertainty as well as more corporate…
Activist investor Elliott pushes for change at NRG Energy
(Reuters) – Activist investor Elliott Investment Management on Monday sent a letter to the board of NRG Energy (NYSE:NRG) urging…