Markets

Several U.S. boutique investment banks are looking to hire senior staff in Paris in the wake of Britain's departure from the EU and have poached bankers from France's most established advisory firms, including Lazard , sources told Reuters.

Over the past decade or so, Goldman Sachs Group Inc has watched its annual trading profits fall a whopping 84per cent, as post-financial crisis regulations upended Wall Street. Now, bank executives are hoping they have figured out the key to a turnaround: asking traders to be more like investment...

U.S. state attorneys general said on Thursday that Johnson & Johnson and its unit had agreed to pay nearly US$117 million to settle litigation over deceptive marketing of the company's transvaginal surgical mesh devices.

The leadership of the United Auto Workers was meeting on Thursday to review terms of the union's tentative deal with General Motors Co to end a crippling month-long strike at the No. 1 U.S. automaker.

U.S. state attorneys general said on Thursday that Johnson & Johnson and its unit had agreed to pay nearly US$117 million to settle litigation over deceptive marketing of the company's transvaginal surgical mesh devices.

LONDON: The British pound had a tumultuous session on Thursday (Oct 17) as a draft Brexit deal between London and Brussels sparked both hope and scepticism in a volatile forex market. Sterling soared to within a whisker of US$1.30, striking five-month peaks, when news flashed across traders' ...

Deputy Prime Minister Heng Swee Keat has reiterated that Singapore is not at the stage where extraordinary measures are needed, even as the country’s economy narrowly avoided a technical recession in the third quarter of this year.

Lawyers representing families of passengers killed in a Boeing 737 MAX crash in Ethiopia in March are set to issue subpoenas to Southwest Airlines and American Airlines , the two biggest U.S. operators of the jet, according to documents seen by Reuters.

The chief executives of the three largest U.S. drug distributors and a drugmaker have been summoned to appear before a federal judge to discuss a proposal to resolve thousands of lawsuits alleging they fueled the U.S. opioid crisis, a person familiar with the matter said on Thursday.

Southwest Airlines Co said on Thursday it was pushing the return of Boeing Co's 737 MAX jets on its flight schedule until February.