Wells Fargo & Co's regulator on Thursday announced it had brought civil charges against eight former executives, including former Chief Executive Officer John Stumpf, marking the first federal action against individuals for their role in the bank's sales practices scandal.
Daimler on Thursday said it plans to build 50,000 Mercedes EQC electric cars this year, denying a report in Manager Magazin which claimed it had been forced to pare back its 2020 production targets due to battery supply problems.
The boss of France's state-controlled telecoms operator Orange on Thursday renewed his defence of Huawei's right to sell 5G equipment in Europe amid tense debates on the continent over mobile-network security.
French prosecutors investigating a party that former Renault-Nissan boss Carlos Ghosn threw for his wife at the sumptuous Versailles palace will in the next few weeks ask judges to examine the case, bringing a prosecution a step closer.
S&P Global Ratings on Thursday placed Boeing Co's 'A-' credit rating on 'credit watch' with negative implications, citing a rise in costs and cash outflows at the U.S. planemaker due to a further delay in the grounded 737 MAX's recertification.
Huawei Chief Financial Officer Meng Wanzhou arrived in a Vancouver courtroom on Thursday to wrap up the first phase of a U.S. extradition hearing where her lawyers will respond to the Canadian prosecutor's arguments calling for Meng to be extradited to the United States on bank fraud charges.
NEW YORK: Creditors of bankrupt Philadelphia Energy Solutions are opposing the sale of its oil refinery to Hilco Redevelopment Partners, saying another developer made a more lucrative bid for the site, according to court documents filed on Thursday. Industrial Realty Group submitted a bid of US ...
Uber Technologies Inc said Thursday the company will begin data collection for self-driving vehicles on Washington roads Friday with manual drivers behind the wheel, the first step towards potential future deployment.
From June 30, Goldman Sachs Group Inc will only help take a company public if it has at least one diverse board member, as such companies perform better after listing, Chief Executive David Solomon said on CNBC on Thursday.
LONDON: European markets slid on Thursday (Jan 23) on investor nervousness surrounding the spread of a deadly new virus from China as authorities strove to contain the disease. "Traders are cutting their exposure to stocks for fear the health crisis will spread," said David Madden, market analyst ...
