Aurora Cannabis Inc said on Monday billionaire investor Nelson Peltz has stepped down as adviser, adding to troubles at the Canadian pot producer reeling under the impact of the coronavirus pandemic.
The U.S. Commodity Futures Trading Commission said it has fined Citigroup Inc US$4.5 million for supervision failures that led to the deletion of subpoenaed audio recordings.
Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany's Allianz, one of the world's top asset managers, for failing to safeguard their investments during the coronavirus market meltdown.
Demand for plant-based foods has picked up during the coronavirus crisis as consumers try to eat more healthily and problems at some factories have hit meat supplies, the head of Swiss food giant Nestle said on Monday.
General Motors will repay US$28 million in state tax incentives after it closed its Lordstown Assembly plant in March 2019, the state and automaker confirmed Monday.
Microsoft Corp unveiled a new cloud platform on Monday aimed at enabling telecom operators to build 5G networks faster, reduce costs and sell customised services to business clients.
Shares in Siemens Energy opened lower than expected on their first day of trading on the Frankfurt stock exchange, as Germany's biggest-ever spin-off gears up for a challenging future independent from parent Siemens .
Consumer goods group Reckitt Benckiser Group is preparing to sell some of its non-core personal care brands, including Veet hair removal cream and Clearasil acne cream, four sources familiar with the matter said on Monday.
JPMorgan Chase & Co. , the country's largest lender, is stepping up payment fraud protections for its small and mid-sized business customers, which continue to be targeted by scammers - particularly amid the COVID-19 pandemic.
Cerberus and a rival investment firm have told HSBC they would buy its French retail arm for a symbolic one euro provided the British bank ploughs more than 500 million euros (US$582.70 million) into the business, sources told Reuters.
