Australian regulator investigates Westpac directors, executives after scandal
Australia’s banking regulator will use its increased investigative powers for the first time to examine whether Westpac Banking Corp directors and executives broke the law as part of the bank’s money laundering scandal.
U.S. approves Roche’s $4.3 billion purchase of Spark Therapeutics
Swiss drugmaker Roche has won U.S. antitrust approval for its $4.3 billion deal to buy gene therapy specialist Spark Therapeutics clearing the way for Roche’s push into treating rare diseases including hemophilia A.
Factbox: Key steps for Boeing to get 737 MAX cleared to fly – FAA
Boeing Co said on Monday it will halt 737 commercial production in January as the grounding of its best-selling MAX following two fatal crashes within five months looks set to last well into next year.
Fiat Chrysler board to meet Tuesday on proposed Peugeot deal: sources
The board of Fiat Chrysler Automobiles NV is expected to meet on Tuesday afternoon to consider taking the next steps toward a proposed merger with French automaker Peugeot SA, sources said on Monday.
Westpac’s capital requirements boosted by Australian regulators after scandal
Westpac Banking Corp will be required to hold an extra A$500 million in capital after Australia’s banking regulator announced an investigation into the bank’s alleged money laundering breaches.
U.S. antitrust enforcers give Roche approval to buy Spark Therapeutics
Swiss drugmaker Roche has won U.S. antitrust approval for its $4.3 billion deal to buy gene therapy specialist Spark Therapeutics , the Federal Trade Commission said on Monday, clearing the way for the Swiss drugmaker’s push into treating rare disease…
Spending deal does not hike EV credit, boosts aviation inspection funds
The U.S. Congress declined to extend a $7,500 tax credit for electric vehicles but will boost funding for aviation safety after two deadly Boeing 737 MAX crashes.
Boeing crisis escalates as planemaker halts 737 production after two crashes
Boeing Co is temporarily halting 737 production in January for the first time in more than 20 years as the grounding of the planemaker’s best-selling MAX after two fatal crashes looks set to last well into 2020.
Oil rises on U.S.-China trade hopes, still below three-month highs
Oil prices rose slightly Monday on hopes energy demand will benefit from the trade deal between the United States and China announced last week, but prices remained below the previous session’s three-month highs.
Amazon blocks sellers from using FedEx for Prime shipments
Amazon.com Inc is temporarily blocking third-party sellers from using FedEx Corp’s ground delivery network to handle Prime shipments as it strives to hit its own accelerated delivery deadlines this holiday season.
