Credit Suisse says investigating allegations of employee misconduct
LONDON Sep 2 (Reuters) – Credit Suisse said it was investigating allegations of trader misconduct reported in The Wall Street Journal on Tuesday.
Aston Martin may lose U.S. dealers without safety exemption
DETROIT (Reuters) – U.S. Aston Martin dealers say they are in danger of closing if federal regulators refuse to give them an exemption to safety rules that would allow them to keep selling all four models the British luxury sports car maker produces.
Abercrombie resolves CEO pay lawsuit, to tighten governance
(Reuters) – Abercrombie & Fitch Co’s board agreed to make governance changes to resolve a lawsuit objecting to its awarding longtime Chief Executive Officer Michael Jeffries more than $140 million of compensation since 2007.
Wall Street ends mixed, energy shares fall
NEW YORK (Reuters) – U.S. stocks ended mostly lower on Tuesday, retreating from records set the previous month, as falling crude oil prices dragged energy shares down and offset strong manufacturing data.
Frankfurt court bans Uber taxi services across Germany
FRANKFURT (Reuters) – A German regional court has issued a temporary injunction against Uber, the fast-growing, U.S.-based online chauffeur service which is no stranger to legal challenges from taxi-cab rivals and regulators around the globe.
Home Depot says probing ‘unusual activity’ after data breach report
(Reuters) – Home Depot Inc said on Tuesday it was working with law enforcement to investigate “some unusual activity” related to customer data but that it could not confirm if it had become the latest retailer to be hit by a large-scale security breach…
Alitalia restarts Venezuela flights after hiatus due to forex dispute
CARACAS (Reuters) – Italian airline Alitalia has started to fly to Venezuela again after a near two-month halt when carriers trimmed operations following government delays in releasing ticket revenue under the country’s strict currency controls.
Danone names new CEO as Riboud prepares for succession
PARIS (Reuters) – Danone said on Tuesday that Chairman and Chief Executive Franck Riboud would split his role after 18 years at the helm of the world’s largest yoghurt maker, which is grappling with a series of setbacks in Asia and in Europe.
Hugo Boss says Permira to place 11.2 percent Hugo Boss stake
FRANKFURT (Reuters) – German retailer Hugo Boss on Tuesday said an investment company controlled by private equity investor Permira[PERM.UL] is placing up to 7.9 million Hugo Boss shares.
Exclusive: Deutsche Asset & Wealth Management opens Dallas office in regional shift
NEW YORK (Reuters) – Deutsche Bank AG’s Asset & Wealth Management division said on Tuesday it has opened a private bank in Dallas with two former JP Morgan Private Bank executives at the helm. The move is part of a global push to increase the German bank’s financial adviser base by 15 percent in the next three years.
