FRANKFURT/LONDON (Reuters) – Audi said on Wednesday it has agreed to take a stake in Swiss-based Sauber Group, whose team…
Former president of China Merchants Bank arrested over suspected bribes – state media
BEIJING (Reuters) – China’s top prosecutor has decided to arrest Tian Huiyu, a former president of China Merchants Bank, on…
Australia’s Medibank says data of 4 million customers accessed by hacker
By Shashwat Awasthi and Lewis Jackson (Reuters) -Medibank Private Ltd, Australia’s biggest health insurer, said on Wednesday a cyber hack…
Mercedes-Benz: top-end, battery-electric sales hampered by supply bottlenecks – CFO
BERLIN (Reuters) – Mercedes-Benz expects top end vehicle sales to rise in the single digits and said battery-electric vehicle production…
Ex treasury secretary Mnuchin says U.S. in recession, will continue
RIYADH (Reuters) – Former U.S. treasury secretary Steve Mnuchin said on Wednesday he believed the United States was in a…
UK finance minister Hunt tells Bailey he reaffirms BoE independence
LONDON (Reuters) – British finance minister Jeremy Hunt met Bank of England Governor Andrew Bailey on Tuesday and reaffirmed his…
ANZ hit with $152 million in fines and repayments for withholding benefits
(Reuters) -Australia and New Zealand Banking Group was ordered to repay A$211 million ($136 million) to customers and was fined…
LG Display posts bigger-than-expected Q3 loss on sluggish device sales
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – South Korean flat-screen maker LG Display Co Ltd posted its second…
UniCredit ups 2022 profit goal after Q3 earnings beat
By Valentina Za MILAN (Reuters) -Italy’s No.2 bank UniCredit on Wednesday raised its 2022 profit goal above 4.8 billion euros…
Sentiment among German exporters lifts slightly
BERLIN (Reuters) – Sentiment among German exporters increased slightly in October, although the overall situation remained difficult due to tense…