Sterling reels on deepening Brexit crisis; yen gains
Investors in the British pound remained on edge in early Asian trade on Friday after the currency suffered a tumultuous slide overnight on fears the country could crash out of the European Union without a divorce deal.
Oil prices stable on expected OPEC cuts, but surging U.S. supply drags
Oil prices were stable on Friday, supported by expected supply cuts from OPEC but held back by record U.S. production.
Canadian regulator asks Bombardier to halt executive share sales plan
The Canadian province of Quebec’s securities watchdog said on Thursday it asked Bombardier Inc to halt stock trades under a plan set up to facilitate share sales by certain senior executives at the company.
New jury fails to reach verdict in J&J South Carolina talc cancer trial
A second South Carolina jury on Thursday failed to reach a verdict in the retrial of a case by a woman whose family said her long-term use of Johnson & Johnson’s baby powder led to her death from asbestos-related cancer.
Facebook defends Russia response, updates plan to curb misbehavior
Facebook Inc Chairman and Chief Executive Mark Zuckerberg on Thursday defended his response to Russian election meddling on the world’s largest social media network and issued a new plan aimed at stifling misbehavior while maintaining a vibrant hub fo…
Sterling scarred by Brexit turmoil; Asia shares cling to trade hopes
The British pound lay battered and bruised in Asia on Friday after a bout of political turmoil fanned fears the country could crash out of the European Union without a divorce deal.
PG&E shares surge 40 percent on report regulator wants to avoid bankruptcy from wildfire
PG&E Corp shares soared 40 percent in after-hours trade on Thursday following a report that a regulatory official told investors the agency does not want the utility to go into bankruptcy should it be found responsible for this month’s deadly wildfire in northern California.
Canadian securities watchdog asks Bombardier to halt exec share sales plan
The Canadian province of Quebec’s securities watchdog said on Thursday it asked Bombardier Inc to halt stock trades under a plan set up to facilitate share sales by certain senior executives at the company.
PG&E shares up 37 percent on report regulator does not want bankruptcy
PG&E Corp shares soared 37 percent in after-hours trade on Thursday after a report that a California regulatory official told investors that the agency does not want the utility to go into bankruptcy.
Sterling scarred by Brexit turmoil; Asia shares hold trade hopes
The British pound lay battered in Asia on Friday after a bout of political turmoil fanned fears the country could crash out of the European Union without a divorce deal.
