Citigroup, JPMorgan to pay $182.5 million to settle rate-rigging lawsuit
Citigroup Inc and JPMorgan Chase & Co will pay $182.5 million to settle U.S. investor litigation claiming they violated antitrust law by conspiring with other banks to rig a key European interest rate benchmark.
Peugeot’s UK Vauxhall to cut more jobs at Ellesmere Port car plant
Carmaker Vauxhall, which is owned by Peugeot parent company PSA , is to shed an extra 241 jobs from its Ellesmere Port car plant in the latest cuts at the site, deepening union concerns over the future of the factory.
Oil slide pulls Wall Street lower
U.S. stocks fell on Friday as oil prices slipped to their lowest in more than a year, dragging down energy shares, while investors were nervous ahead of U.S.-China trade talks at the G20 summit next week.
Oil hits lowest in a year, even as OPEC considers output cut
Oil fell to its lowest level in more than a year on Friday on continued concerns about a rising global surplus, even as producers considered cutting output to curb supply.
Black Friday U.S. shoppers brave cold, long lines in hunt for deals
U.S. shoppers formed long lines at store checkout counters on Black Friday to snap up deep discounts on clothing and electronics, offering evidence that a healthy economy and rising wages are translating into stronger consumer spending at the start of …
Wall Street slips at open as oil prices hit year low
U.S. stocks fell at open on Friday as energy stocks took a hit from oil prices sliding to their lowest in more than a year, while investors were nervous ahead of U.S.-China trade talks at the G20 summit next week.
Would market shock force UK parliament’s hand on Brexit?
There’s nothing like a market crash to focus the minds of politicians, and Prime Minister Theresa May could find that only a plunge in British asset prices can persuade a divided parliament to back her Brexit deal.
Oil prices hit year low; OPEC considers output cut
Oil prices fell to their lowest in more than a year on Friday, on course for their biggest one-month decline since late 2014, even as oil producers considered cutting production to try to stem a rising global surplus.
A slippery trade: oil slump proves bears right
The latest collapse in oil prices has proved some investors right in their lack of confidence in energy stocks this year.
Amazon workers strike in Germany, Spain on Black Friday
Workers at Amazon logistic centers in Germany and Spain staged strikes on Friday, walking off the job on Black Friday, the discount spending spree that kicks-off the start of the crucial Christmas shopping season.
