Wall Street flat, tech boost softens trade war fears
U.S. stocks were little changed on Tuesday, as gains in technology stocks helped the Nasdaq regain footing and curbed losses in the materials and industrials sectors due to fears of an escalation in Sino-U.S. trade spat.
Wall Street opens lower as trade jitters weigh
U.S. stocks opened lower on Tuesday, weighed down by fears over the escalating trade spat between the United States and China.
Rebuilding lives, 10 years after Lehman’s fall
It is an image that became a symbol of the global financial crisis — about 20 bankers, their backs turned to the window, attending an emergency meeting at the London office of Lehman Brothers as the firm slid toward collapse.
HSBC whistleblower defends tax leak as he fights extradition
A whistleblower fighting extradition to Switzerland for leaking details of thousands of clients of HSBC’s private bank there said on Tuesday his actions had played a key role in helping other European countries uncover tax frauds.
Ten years after Lehman, spotting the next crisis: McGeever
As financial market participants reflect on the 10th anniversary of Lehman Brothers’ collapse, the consensus is there will be no repeat of the near-death experience, largely because authorities simply will not allow it.
JPMorgan to create wealth management unit in Luxembourg
JPMorgan Chase & Co said on Tuesday it will establish a wealth management business in Luxembourg and boost offerings at its investment banking and custody and fund businesses.
Musk says Tesla to drop some color options for cars to simplify production
Tesla Inc will eliminate some color options for its electric cars to streamline production, Chief Executive Officer Elon Musk tweeted on Tuesday, as the company intensifies its efforts to ramp up production.
HSBC whistleblower defends tax leak as fights extradition
A whistleblower fighting extradition to Switzerland for leaking details of thousands of clients of HSBC’s private bank there said on Tuesday his actions had played a key role in helping other European countries uncover tax frauds.
World stocks hit by trade strain, Brexit talk supports sterling
World stocks slipped back towards three-week lows on Tuesday, on ongoing concerns over the trade dispute between Washington and Beijing, while the pound hovered near a five-week high on hopes of a UK-EU deal over Brexit.
Unilever details plans for December listing of new Dutch entity
Consumer goods giant Unilever laid out details on Tuesday for the planned December listing of its new Dutch entity, which has sparked criticism from some UK shareholders and become swept up in the debate over Brexit.
