Citigroup Inc’s outgoing chief executive came under fire on Tuesday for mistakes that have led to regulatory penalties during a conference call to discuss quarterly results, with analysts questioning his pay and why he is not leaving immediately.
Oil prices rebounded on Tuesday, supported by robust economic data from China that offset returning supply in other regions but gains were capped by forecasts for a slow recovery in global oil demand as coronavirus cases rise.
Italian bank UniCredit on Tuesday said it had named economist Pier Carlo Padoan as director and would appoint the former Treasury chief as chairman when it renews the board next spring.
Johnson & Johnson on Tuesday said it will contribute up to US$1 billion more to a potential settlement of lawsuits alleging it and other companies fueled the U.S. opioid epidemic, bringing the total amount it would pay to US$5 billion.
JPMorgan Chase & Co is forging ahead with plans to build a mammoth new headquarters in New York, Chief Executive Jamie Dimon said on Tuesday, despite the coronavirus pandemic casting serious doubt on the future of office buildings.
REUTERS: Cyber security firm McAfee Corp said on Tuesday it is looking to raise up to US$814 million in its U.S. initial public offering. The company, which was carved out of Intel Corp four years ago, will sell nearly 31 million shares, while the selling stockholders will offer about...
Johnson & Johnson on Tuesday said it will contribute up to US$1 billion more to a potential settlement of lawsuits alleging it and other companies fueled the U.S. opioid epidemic, bringing the total amount it would pay to US$5 billion.
Unilever and J.P. Morgan entered into a US$500 million interest rate swap agreement at the end of September using the new SOFR benchmark interest rate, in one of the first major long-dated corporate SOFR swap transactions, according to the U.S. bank.
Unilever and J.P. Morgan entered into a US$500 million interest rate swap agreement at the end of September using the new SOFR benchmark interest rate, in one of the first major long-dated corporate SOFR swap transactions, according to the U.S. bank.
OSLO: Russia was behind a cyber attack launched against the Norwegian parliament in August, the Norwegian foreign minister said on Tuesday. "Based on the information available to the government, it is our assessment that Russia stood behind this activity," Ine Eriksen Soereide said in a statement ...
