Business articles

Trump love not enough to bring back coal

President Donald Trump pledged on Tuesday to revive America’s coal industry by rolling back regulation, but energy experts expressed doubt his moves would significantly boost prospects for the controversial energy source.

Deutsche Bank unit sentenced in US Libor manipulation

A US court imposed a sentence on a Deutsche Bank unit Tuesday for its role in an interest rate rigging scheme, two years after the bank reached a $2.5 billion settlement with British and US authorities.

Activist targets GM share structure, board

Investor David Einhorn unveiled Tuesday a proposal Tuesday to try to boost General Motors share price by creating two classes of stock, signaling a possible battle at the carmaker’s annual meeting.

Hong Kong ends Brazil meat ban: Brasilia

Major beef market Hong Kong Tuesday ended a blanket ban imposed on Brazilian meat imports in a scandal over tainted products, Brazil’s government said.