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…
Brazil Senate committee delays vote on new fiscal rules until Wednesday
BRASILIA (Reuters) -Brazil’s Senate Economic Affairs Committee has granted the opposition a 24-hour delay on a vote on new fiscal…
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,…
Canada retools inflation baskets, more focus on food, gas prices
By David Ljunggren OTTAWA (Reuters) – Canada’s national statistics agency on Tuesday revealed new weights for the basket of goods…
Ghosn to fight ‘to the end’ as sues Nissan in Lebanon
By Tom Perry, Maya Gebeily and Laila Bassam BEIRUT (Reuters) -Carlos Ghosn said on Tuesday he will fight “to the…
Olympics-Paris 2024 headquarters searched in corruption probe
By Julien Pretot PARIS (Reuters) -The headquarters of the Paris 2024 Olympics organising committee and those of its infrastructure partner…
Exclusive-Lockheed raises concerns over L3Harris-Aerojet deal
By Valerie Insinna PARIS (Reuters) – Lockheed Martin has raised concerns with the U.S. Defense Department and Federal Trade Commission…