Guggenheim says it is cooperating with SEC investigation
NEW YORK (Reuters) – Guggenheim Partners on Sunday said it was “cooperating fully” with an investigation of its asset management subsidiary that is being conducted by the U.S. Securities and Exchange Commission.
South Korea minister says GM Korea needs to be able to survive on own in long-term
SEOUL (Reuters) – South Korea’s finance minister said on Monday that public funds could only be used to support the South Korean auto unit of General Motors Co if it was clear that the business could survive on its own long-term.
Asia shares mixed, oil down amid Syria fallout
SYDNEY (Reuters) – Asian share markets were mixed and oil prices fell on Monday as relief U.S.-led strikes on Syria looked unlikely to escalate was tempered by concerns at Russia’s potential reaction to new sanctions from Washington.
Oil markets tense after western strikes on Syria, but rising U.S. drilling weighs
SINGAPORE (Reuters) – Oil prices fell on Monday as markets opened the week cautiously following western air strikes in Syria over the weekend, and as American drilling for new production continued to rise.
Lawsuit alleges Xerox CEO disregarded board in pursuing Fuji deal: WSJ
(Reuters) – A lawsuit is alleging that Xerox Corp Chief Executive Officer Jeff Jacobson pursued a deal with Fujifilm Holdings Corp , even after Xerox’s board advised him to halt negotiations, the Wall Street Journal reported on Sunday.
Guggenheim says its is cooperating with SEC investigation
NEW YORK (Reuters) – Guggenheim Partners on Sunday said it was “cooperating fully” with an investigation of its asset management subsidiary that is being conducted by the U.S. Securities and Exchange Commission.
Asian shares up, oil down as Syria fallout seen limited
SYDNEY (Reuters) – Share markets started firmer in Asia on Monday amid relief U.S.-led strikes on Syria looked like being a one-off event that avoided a direct confrontation with Russia, weighing on oil prices and safe-haven Treasuries.
WPP embarks on new journey without Sorrell at the helm
LONDON (Reuters) – WPP , the world’s biggest advertising company, entered uncharted territory on Monday without its founder Martin Sorrell whose departure has left it rudderless at a time of swirling industry change.
Activist Elliott now largest shareholder in Whitbread
(Reuters) – A unit of U.S. activist hedge fund Elliott Management said it now held the largest stake in Whitbread Plc , making it the second activist in recent months to draw attention to Britain’s biggest hotel and coffee-shop operator.
Goldman Sachs buys personal finance start-up Clarity Money
NEW YORK (Reuters) – Goldman Sachs Group Inc bought Clarity Money, a personal finance startup, to bolster its Marcus online lending business, it said Sunday.
