Bank of America, RBS sued in U.S. over euro bond cartel
Bank of America Corp and Royal Bank of Scotland Group Plc have been sued by investors in the United States over their alleged roles in a conspiracy among eight banks to rig prices in the $9.4 trillion European government bond market.
JPMorgan backs away from private prison finance
JPMorgan Chase & Co has decided to stop financing private operators of prisons and detention centers, which have become targets of protests over Trump administration immigration policies.
Wall Street opens flat, investors focus on trade talks
U.S. stocks opened little changed on Monday, as investors awaited fresh developments in the U.S.-China trade talks.
Southwest says recent mechanics’ disruption costing millions weekly
Southwest Airlines Co’s Chief Executive Gary Kelly said on Tuesday that the recent disruption caused by its mechanics union is costing the company millions of dollars a week in lost revenues and millions of dollars in additional costs related to flight…
Japanese prosecutors’ appeal against bail for former Nissan boss Ghosn is rejected
A Japanese court has rejected prosecutors’ appeal against a decision to grant the ousted former chairman of Nissan Motor bail, the court said on Tuesday, paving the way for Carlos Ghosn to leave prison as early as Wednesday.
Carmaker Rolls-Royce: Short Brexit delay would make things worse
A short delay to Brexit would make things even worse, scuppering some contingency plans organized around a Mar. 29 exit date, the boss of luxury carmaker Rolls-Royce told Reuters.
Tesla hits customs roadblock in China over Model 3 imports: report
China has suspended customs clearance for Tesla Inc’s Model 3 electric cars, citing various irregularities, including improper labeling of the vehicles, financial publication Caixin reported on Tuesday.
Oil rises to $66 as OPEC-led cuts in view
Oil rose to around $66 a barrel on Tuesday as the market balanced OPEC-led efforts to tighten supply with the restart of Libya’s biggest oilfield and the prospect of weaker demand.
Fiat Chrysler open to mergers but rules out Maserati sale
Fiat Chrysler (FCA) is open to pursuing alliances and merger opportunities if they make sense but a sale of its luxury brand Maserati is not an option, Chief Executive Mike Manley said in Geneva on Tuesday.
Virgin Atlantic drops mandatory make-up rule for cabin crew
Virgin Atlantic female cabin crew are to be allowed to work without wearing make-up, the company announced, and will be able to wear trousers as a standard option in their signature red uniforms.
