Indian regulator says Reuters report on J&J baby powder ‘under consideration’
India’s federal drug regulator said on Tuesday a Reuters report that Johnson & Johnson knew for decades that cancer-causing asbestos lurked in its baby powder was “under consideration”.
Malaysia says Goldman Sachs failed to disclose key facts in 1MDB bond sales
Goldman Sachs Group Inc made untrue statements and omitted key facts in offering circulars for the bonds it sold for Malaysian state fund 1MDB, the Malaysian government said in criminal charges against the U.S. bank.
Growth fears grip world stock markets before Fed meeting
World stock markets tumbled on Tuesday as fears about a slowing global economy gripped investors, just as the U.S. Federal Reserve looks set this week to deliver its fourth interest-rate hike of the year.
Cash-strapped South African Airways expands Emirates code sharing
South African Airways (SAA) said on Tuesday that it had signed a deal with Emirates [EMIRA.UL] to expand an existing codeshare agreement, in a rare bright spot for the cash-strapped airline.
Oil drops 4 percent on oversupply, equities sell-off
Oil prices fell 4 percent on Tuesday after reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp sell-off in stock markets as the outlook for global growth deteriorated.
Oil drops 2 percent on oversupply, equities sell-off
Oil prices fell more than 2 percent on Tuesday, dropping for a third consecutive session as reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp sell-off in global stock markets.
Italy’s UniCredit settles dispute with Caius
British hedge fund Caius has made a payment to UniCredit to settle a dispute over complex financial instruments which Italy’s biggest bank counts toward its core capital, the two companies said.
Nissan CEO plans one-on-one meeting with Renault boss in Amsterdam: sources
Nissan Motor’s CEO plans to meet one-on-one with the deputy CEO of automaking partner Renault in Amsterdam this week, sources told Reuters, amid tensions over the future of the alliance after Chairman Carlos Ghosn’s arrest last month.
Oil prices drop for third session as oversupply worries drag
Oil prices fell more than $1 on Tuesday, dropping for a third session as reports of growing inventory and forecasts of record shale output in the United States stoked worries about oversupply.
Asia shares sink as global growth worries deepen
Asian share markets sank on Tuesday as heightened worries about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year.
