U.S. charges financier, former Goldman bankers for 1MDB
U.S. prosecutors unveiled criminal charges on Thursday against two former Goldman Sachs Group Inc bankers and Malaysian financier Low Taek Jho tied to the alleged theft of billions of dollars from Malaysian sovereign wealth fund 1MDB.
UBS to introduce training, confidential hotline for sexual misconduct claims: memo
Swiss bank UBS will expand training for specialist staff investigating sexual misconduct claims, and introduce a confidential hotline to handle such allegations, according to an internal memo sent to staff and seen by Reuters on Thursday.
Trump says will meet China’s Xi as trade talks ‘move along’
U.S. President Donald Trump on Thursday said trade discussions with China were “moving along nicely” and that he planned to meet with Chinese President Xi Jinping at the upcoming G-20 summit, after the two had a “very good” talk.
Cigna boosts 2018 forecast after third quarter earnings beat
U.S. health insurer Cigna Corp , which is in the process of acquiring Express Scripts Holding Co , significantly bumped up its 2018 adjusted profit forecast, and its shares rose more than 3 percent on Thursday.
U.S. labor market tightening; manufacturing slowing
New applications for U.S. unemployment aid fell last week and the number of Americans receiving benefits was the lowest in more than 45 years as labor market conditions tightened further.
Wall Street gains ground after selloff, but tech falters as Apple slips
U.S. stocks rose on Thursday, as robust earnings reports supported a third day of recovery from a bruising selloff in October, but a drop in Apple’s shares ahead of results kept technology stocks under pressure.
U.S. indicts Malaysians on money laundering from 1MDB
The U.S. Justice Department said on Thursday it has charged Malaysian financier Low Taek Jho and former banker Ng Chong Hwa with conspiring to launder billions of dollars embezzled from 1Malaysia Development Berhad (1MDB).
U.S. auto sales rise as SUVs, trucks dominate
Top U.S. automakers reported another month of rises in sales of sports utility vehicles and pick-up trucks on Thursday as American consumers continued to shun sedans and hatchbacks.
BlackRock’s Fink says U.S., China on path to full-fledged trade war
BlackRock Inc Chief Executive Larry Fink said on Thursday the United States is on a path to a full-fledged trade war against China as the world’s two largest economies engage in tit-for-tat tariffs.
Wall Street opens higher as strong earnings lift mood
U.S. stocks opened higher on Thursday, leaving behind a brutal October, as a slew of positive earnings reports helped boost risk sentiment.
