(Reuters) -Walt Disney Co is planning to freeze hiring and cut some jobs as it strives to move the Disney+…
Ex-Goldman banker Ng, convicted in 1MDB case, sues ex-boss Leissner for $130 million
By Jonathan Stempel NEW YORK (Reuters) – Roger Ng, the former Goldman Sachs banker convicted for helping loot Malaysia’s 1MDB…
US West faces power reliability issues from growing use of renewables
(Reuters) – A group responsible for power market reliability in Western North America said the growing use of renewable generation…
Australian telecom firms fined $22.1 million for false internet speed claims
(Reuters) -Three Australian telecom companies have been ordered by a court to pay a collective A$33.5 million ($22.08 million) in…
Elizabeth Holmes seeks to avoid prison for Theranos fraud
By Jonathan Stempel and Jody Godoy (Reuters) -Elizabeth Holmes urged a U.S. judge not to send her to prison, as…
World Bank’s Malpass criticizes Chad creditors’ plan for failing to reduce debt
By Andrea Shalal WASHINGTON (Reuters) -World Bank President David Malpass on Friday said he was deeply concerned about Chad’s longer-term…
Stocks rally as Fed rate hopes dent dollar
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – Global stocks rallied on Friday for a second day on…
Exclusive-Credit Suisse overhaul draws scrutiny from some investors, proxy adviser over governance
By Pamela Barbaglia, Oliver Hirt and Michael Shields LONDON/ZURICH (Reuters) -Credit Suisse’s recent decision to exit certain investment banking activities…
Brazil’s Cosan swings to loss on higher debt costs
SAO PAULO (Reuters) – Brazilian conglomerate Cosan SA reported a third-quarter net loss on Friday, swinging from a big profit…
Lula’s market lure fades after Brazil’s ‘Liz Truss moment’
By Marcela Ayres and Lisandra Paraguassu BRASILIA (Reuters) -There is growing investor pessimism that Brazilian President-elect Luiz Inacio Lula da…