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Exclusive: Brazil prosecutor aims to charge Vale within days over mining waste dam disaster

A Brazilian state prosecutor expects to bring criminal charges "in the next few days" against miner Vale over a mining waste dam collapse that killed at least 259 people, even as the prosecutor's federal counterpart continues to investigate the case.

Markets

Macy’s holiday season sales fall less than feared, to close 29 stores

Macy's Inc reported a small decline in holiday same-store sales on Wednesday, surprising investors who were bracing for a sharper drop following an earlier profit warning.

Markets

Lawmakers say Facebook’s steps to tackle ‘deepfake’ videos not adequate

Facebook Inc on Wednesday laid out a series of changes it has made to combat the spread of false information on its website, such as removing "deepfake" and other manipulated videos, but lawmakers said the changes do not go far enough.

Markets

Fugitive ex-Nissan boss Ghosn hits out at carmaker and Japan

Carlos Ghosn, speaking publicly for the first since his dramatic escape from Japanese justice, told reporters in Beirut he had been treated "brutally" by Tokyo prosecutors and was the victim of a conspiracy to oust him from the helm of automaker Nissan.

Markets

Singapore banks to offer new notes for Chinese New Year from Jan 9

Banks in Singapore will be offering new notes to their customers for their Chinese New Year celebrations, the local banks announced on Wednesday (Jan 8).

Markets

Private investigator in Credit Suisse spying scandal hits back at banker

A private investigator from the firm tasked with tailing former Credit Suisse banker Iqbal Khan has countered Khan's legal action with criminal complaints against the banker, his wife and the police, Swiss prosecutors said on Wednesday.

Markets

Macy’s holiday season better than feared, shares rise

Macy's Inc reported just a 0.6per cent drop in holiday period same-store sales on Thursday, quelling fears of a more dramatic fall in the department store operator's numbers for the crucial annual shopping season after an earlier profit warning.

Markets

Macy’s eases holiday season sales worries, shares rise 6per cent

Macy's Inc reported just a 0.6per cent drop in holiday period same-store sales on Thursday, quelling fears of a more dramatic fall in the department store operator's numbers for the crucial annual shopping season after an earlier profit warning.

Markets

Macy’s allays holiday season sales worries, shares rise 5per cent

Macy's Inc reported just a 0.6per cent drop in holiday period same-store sales on Thursday, quelling fears of a more dramatic fall in the department store operator's numbers for the crucial annual shopping season after an earlier profit warning.

Markets

Walgreens profit misses estimates on pharmacy weakness

Drugstore chain Walgreens Boots Alliance Inc posted a 24.8per cent drop in quarterly profit on Wednesday, hurt by higher costs related to its acquisition of stores from rival Rite Aid Corp Net income attributable to Walgreens fell to US$845 million, or 95 cents per share, in the first quarter...

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