UBS faces big penalty over Credit Suisse’s Archegos failings -FT
(Reuters) -UBS Group AG faces hundreds of millions of dollars in penalties over Credit Suisse’s mishandling of Archegos Capital, after…
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Dollar firms amid supportive U.S. data; Swedish crown, Aussie slide
(Refiles to add dropped day in paragraph 1) By Saqib Iqbal Ahmed and Samuel Indyk NEW YORK (Reuters) -The U.S….
Oil prices ease on weaker Chinese demand picture
By Scott DiSavino NEW YORK (Reuters) -Oil futures eased in choppy trading on Tuesday on forecasts for slower oil demand…
Civitas Resources enters Permian basin in $4.7 billion deal
By David French and Mrinalika Roy (Reuters) -Civitas Resources on Tuesday said it would acquire oil and gas operations in…
GM investing $920 million in Ohio diesel engine plant
By David Shepardson WASHINGTON (Reuters) – General Motors on Tuesday said it was investing $920 million to expand operations at…
Pirelli’s Camfin nominates new CEO as it tightens grip on tyremaker
By Giulio Piovaccari MILAN (Reuters) -Pirelli investor Camfin has proposed Andrea Casaluci as the new CEO of the Italian tyremaker,…
HPE to offer cloud computing service for artificial intelligence
By Stephen Nellis (Reuters) – Hewlett Packard Enterprise Co (HPE) on Tuesday said that it is rolling out a cloud…
Supply chain hangover still feeding inflation -SF Fed paper
By Ann Saphir SAN FRANCISCO (Reuters) -Pandemic-related snarls in global supply chains have mostly receded, but their after-effects still account…
French central bank sees modest recovery as inflation eases
PARIS (Reuters) – The French economy is on course to avoid a recession this year while inflation pressures ease though…
Dentons intellectual property leader takes 15-lawyer team to BCLP
By David Thomas (Reuters) – Bryan Cave Leighton Paisner on Tuesday said it has picked up a 15-lawyer team from…