Toshiba has approved a plan to place its US nuclear unit in bankruptcy protection, a report said Wednesday, as the troubled division wrestles with multi-billion-losses and accounting fraud claims.
The dollar on Wednesday built on most of its New York gains that came after a strong US consumer confidence survey reinforced the view of a strong economy, though Asian markets were less certain following the previous day’s rebound.
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.
Energy giant Exxon Mobil has asked the Trump administration not to scrap US participation in the landmark Paris climate agreement, running counter to White House moves on carbon emissions.
The United States launched an anti-dumping investigation against imports of Chinese aluminum foil on Tuesday, the latest in a series of cases against the country that could result in the imposition of punitive duties.
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.
Federal Reserve Vice President Stanley Fischer said Tuesday he would be worried by any return to protectionism in the global economy.
The city of Paris on Tuesday dumped French-Swiss group LafargeHolcim as supplier of sand for the makeshift “Paris Plages” beach over the company’s readiness to supply cement for US President Donald Trump’s controversial border wall.
Russia signed Tuesday a string of bilateral agreements with Iran as President Vladimir Putin hosted his Iranian counterpart Hassan Rouhani for his first official visit to Moscow.
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.
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.