Australia says banking executives responsible for misconduct could face jail
SYDNEY (Reuters) – Australian Treasurer Scott Morrison warned that financial sector executives responsible for widespread breaches of corporate law could face jail, as a powerful judicial inquiry heard more evidence of misconduct by the country’s top f…
Asian shares edge higher in step with Wall Street, China lags
SYDNEY (Reuters) – Asian shares crept ahead on Wednesday after Wall Street took heart from upbeat corporate earnings, though nagging concerns about trade barriers and the global growth outlook kept currencies and bonds subdued.
Nissan, Ford, FCA lead European car sales decline
PARIS (Reuters) – European car registrations fell 5.2 percent in March, led by Nissan , Ford and Fiat Chrysler , according to data published on Wednesday by auto industry association ACEA.
Whiskey sour? China importers fret over U.S. trade battle
SHANGHAI (Reuters) – When spirits dealer Daniel Taytslin brought his first pallet of American Ragtime Rye whiskey into Shanghai in early April, the 672 bottles faced a 5 percent import tariff at China’s customs.
Facebook says users must accept targeted ads even under new EU law
MENLO PARK, Calif. (Reuters) – Facebook Inc said on Tuesday it would continue requiring people to accept targeted ads as a condition of using its service, a stance that may help keep its business model largely intact despite a new European Union priva…
Ford expands U.S. medical ride business built around its vans
DETROIT (Reuters) – Ford Motor Co said on Wednesday that it was expanding a medical transport service called GoRide in Southeast Michigan, one of several efforts by the U.S. automaker to build new ride service businesses around its Transit commercial …
Australia government says banking executives responsible for misconduct could face jail
SYDNEY (Reuters) – Australian Treasurer Scott Morrison warned that financial sector executives responsible for widespread breaches of corporate law could face jail, as a powerful judicial inquiry heard more evidence of misconduct by the country’s top f…
Carl Icahn buys stake in software provider VMware: CNBC
(Reuters) – Billionaire investor Carl Icahn has acquired a stake in cloud computing platform VMware Inc , CNBC reported on Tuesday.
China Huarong shares halted as chairman investigated for suspected graft
HONG KONG/BEIJING (Reuters) – Shares of China Huarong Asset Management Co Ltd were suspended from trade on Wednesday after Beijing said it was investigating the firm’s chairman for suspected graft.
Asian shares edge ahead with Wall Street, but China lags
SYDNEY (Reuters) – Asian shares crept ahead on Wednesday after Wall Street took heart from upbeat corporate earnings, though nagging concerns about trade barriers and the global growth outlook kept currencies and bonds subdued.
