Dividend windfall: Santander latest target in Germany’s giant fraud probe
Spain’s Santander is the latest bank to be caught up in Germany’s biggest post-war fraud investigation involving a share-trading scheme that the authorities say cost taxpayers billions of euros.
Trade off: China soybean imports set for biggest drop in 12 years amid tariff conflict
China’s soybean imports are set to drop by a quarter in the last three months of 2018, their biggest fall in at least 12 years as buyers curb purchases amid the Sino-U.S. trade war and high domestic stockpiles.
Blackstone concedes defeat to Canadians in battle for Australia’s Investa
Private equity giant Blackstone Group has quit a takeover battle for Australian office-block owner Investa Office Fund after it was gazumped by Canadian landlord Oxford Properties Group’s A$3.35 billion ($2.4 billion) bid.
U.S. Senate panel wants to question Hyundai, Kia over engine fire reports
The Senate Commerce Committee’s Republican chairman and ranking Democrat said on Wednesday they had asked top U.S. executives at Hyundai Motor Co and Kia Motors Corp to testify at a Nov. 14 hearing on reports of engine fires involving vehicles from t…
Story on Zhoushan in talks with Exxon Mobil on ethylene plant withdrawn
The story headlined ‘China’s Zhoushan city woos Exxon Mobil for a $7 bln ethylene plant’ is withdrawn. The provincial government has withdrawn its original statement issued on Wednesday because it was not factually correct, an official told Reuters. Th…
China’s Geely ‘corrects’ rumors about presidential family ties
Chinese carmaker Geely Automobile Holdings Ltd , long the subject of speculation about its political ties, has moved to dispel a widely held belief its chairman’s wife was related to Chinese President Xi Jinping.
Dollar at one week high after hawkish Fed minutes; Asia stocks capped
Asian stocks were capped and the dollar rose to a one week-high in early Thursday trade after the minutes of the Federal Reserve’s latest meeting showed broad agreement among board members on the need to raise borrowing costs further.
Facebook tentatively concludes spammers were behind recent data breach: WSJ
Facebook Inc has tentatively concluded that spammers looking to make money, and not a nation-state, were behind the largest-ever data theft at the social media company, the Wall Street Journal reported on Wednesday.
Facebook tentatively concludes that spammers were behind recent data breach: WSJ
Facebook Inc has tentatively concluded that a recent hack that affected millions of accounts was perpetrated by spammers, and not a nation-state, the Wall Street Journal reported on Wednesday, citing sources.
Exxon Mobil bets big on China LNG, sidesteps trade war
In the middle of a Sino-U.S. trade war, the world’s largest publicly traded oil and gas company is turning toward Beijing for business at a time when most of Corporate America is looking elsewhere to avoid the threat of tariffs.
