Short seller Andrew Left loses appeal against Hong Kong market ban
U.S. short seller Andrew Left lost his legal bid on Tuesday to overturn a five-year ban from Hong Kong’s financial markets and a fine for market manipulation.
Boeing nominates former U.N. ambassador Haley to join its board
U.S. aerospace manufacturer Boeing Co said on Tuesday it has nominated Nikki Haley, former U.S. ambassador to the United Nations and a close ally of President Donald Trump, to join its board of directors at the company’s annual shareholders meeting on …
Goldman says legal losses could be up to $1.9 billion more than reserves
Goldman Sachs Group Inc said losses related to ongoing lawsuits could possibly exceed its reserve for legal matters by up to $1.9 billion.
Embraer shareholders approve $4.2 billion deal with Boeing
Shareholders of Brazilian planemaker Embraer SA on Tuesday approved a deal to sell 80 percent of the company’s commercial jet division to Boeing Co, a move that could reshape the global market for aircraft of up to 150 seats.
Thomson Reuters reports higher revenues, hunts acquisitions
Thomson Reuters on Tuesday reported a 9 percent rise in quarterly revenue, stripping out the impact of currency, and said it is continuing to look for acquisitions to bolster its Legal and Tax & Accounting businesses, where demand is up in part because of U.S. tax reforms.
VW creates entry-level JETTA brand to capture first-time buyers
Volkswagen on Tuesday said it will launch an entry-level JETTA brand in China in the third quarter this year, as a way to capture first-time buyers in the world’s largest car market which has started to sputter.
Home Depot profit outlook disappoints, shares fall
Home Depot Inc forecast full-year earnings well below Wall Street estimates on Tuesday and reported disappointing quarterly sales, with analysts pointing to the impact of a snowy U.S. winter on construction activity.
Exclusive: Glencore complains to LME about access to metal in Malaysia
Glencore has lodged a complaint with the London Metal Exchange (LME) about the company’s inability to take speedy delivery of aluminum from warehouses owned by ISTIM UK in Port Klang, Malaysia, two sources familiar with the matter said.
Home Depot, Caterpillar weigh on stock futures; Fed testimony awaited
U.S. stock futures edged lower on Tuesday, hit by losses in Home Depot and Caterpillar shares, while investors awaited Federal Reserve Chair Jerome Powell’s testimony on monetary policy.
Exclusive: HSBC probe helped lead to U.S. charges against Huawei CFO
An internal investigation by HSBC Holdings PLC into Huawei Technologies’ connections to a suspected front company in Iran found that the Chinese telecommunications equipment maker maintained close financial ties to the firm years after purportedly sell…
