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Markets

Air leaking from International Space Station but no danger to crew: Roscosmos agency

The International Space Station is leaking air in above-normal volumes, but the leak presents no danger to the Russian-American crew, the Russian space agency Roscosmos said on Tuesday.

Markets

Goldman Sachs streamlines asset, consumer, wealth management units

Goldman Sachs Group Inc on Tuesday named new chiefs of its asset management and consumer and wealth management divisions as part of a broader restructuring of those businesses, effective Jan. 1.

Markets

Emissions crunch drives Volkswagen to overhaul its supercar strategy

Volkswagen is reviewing the future of its high-performance brands Lamborghini, Bugatti and Ducati as part of broader quest for more economies of scale as it shifts to mass producing electric cars, senior executives told Reuters.

Markets

US court backs FTC lawsuit to block Peabody, Arch Resources JV

Coal miner Peabody Energy said on Tuesday a district court has upheld the U.S. Federal Trade Commission's lawsuit to block the company's joint venture with Arch Resources in Wyoming.

Markets

JPMorgan broker subsidiary admits to manipulative trading in US Treasuries, agrees to pay US$35 million in SEC order

The U.S. Securities and Exchange Commission (SEC) on Tuesday said it has charged a broker-dealer subsidiary of JPMorgan Chase & Co. for fraudulently engaging in manipulative trading of Treasury securities.

Markets

GM ‘continuing discussions’ with Nikola on alliance deal

General Motors Co and Nikola Corp have not finalized their deal to jointly build electric pickup trucks and hydrogen fuel cell tractor-trailers, one day ahead of the date targeted, and are continuing discussions, GM said on Tuesday.

Markets

JPMorgan settles spoofing probe for US$920 million: Report

JPMorgan Chase & Co has admitted to wrongdoing and agreed to pay more than US$920 million to resolve market manipulation investigations by U.S. authorities into its trading of metals futures and Treasury securities, Bloomberg News reported on Tuesday, citing a statement from the regulator.

Markets

Weibo parent Sina and search engine Sogou latest to delist from US

The parent company of China's vast Weibo platform and one of the country's biggest search engines have announced plans to delist from US stock markets in deals totalling over $6 billion as relations between Washington and Beijing grow increasingly tense.

Markets

US renews pressure on Europe to ditch Huawei in new networks

Telecoms company Huawei Technologies is part of China's surveillance state, complicit in human rights abuses, a senior U.S. official said on Tuesday, as Washington renewed pressure on Europe to ban the company from fifth-generation (5G) networks.

Markets

China search engine Sogou to be taken private by Tencent

Chinese search engine Sogou confirmed Tuesday it would be taken private by tech giant Tencent, in a deal that values the US-listed firm at around $3.5 billion.

Markets

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