Westpac Banking Corp on Tuesday said chief executive Brian Hartzer has resigned, as Australia's second-biggest bank faces the country's biggest money laundering scandal.
Westpac Banking Corp on Tuesday said chief executive Brian Hartzer has resigned, as Australia's second-biggest bank faces the country's biggest money laundering scandal.
Deutsche Post DHL Group's StreetScooter electric vehicle unit will enter the U.S. market next year as delivery firms and municipalities work to cut greenhouse gas emissions.
Swedish telecoms equipment maker Ericsson plans to invest 1 billion reais (£185.74 million) in Brazil to add a new assembly line dedicated to 5th generation technology (5G), supplying its Latin American operations, an executive told Reuters on Monday.
Impossible Foods Inc, maker of the plant-based Impossible Burger, is in talks with investors about a new round of fundraising that could more than double the US$2 billion valuation it attained in May, according to people familiar with the matter.
Sub-Saharan Africa lags other regions such as Asia in moving away from cash to plastic money. One Nigerian company is aiming to close that gap by tapping into a growing appetite for smartcards across the continent.
U.S. prosecutors announced criminal charges accusing the founders of Outcome Health of overseeing a fraudulent scheme to overbill clients and raise US$487.5 million in financing from major investors.
McDonald's Corp agreed to pay US$26 million to settle a nearly seven-year-old lawsuit accusing the fast food chain of underpaying U.S. staff at its corporate-owned restaurants in California.
Texas' attorney general has settled with T-Mobile Inc and Sprint Corp and will drop his opposition to the US$26.5 billion merger, leaving just Democratic attorneys general fighting the combination.
Apple Inc and semiconductor stocks powered the S&P 500 and Nasdaq indexes to record highs on Monday, after a report signaled that the United States and China were nearing a trade truce, with sentiment also buoyed by a raft of mega deals.
