Wells Fargo & Co will pay at least US$386 million to settle class-action claims by customers who said the bank signed them up for auto insurance they did not want or need when they took out car loans.
WASHINGTON: U.S. job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading to the labor market, which could put pressure on the Federal Reserve to cut interest rates this year. The broad cool-off in...
The United States has hit Iran's petrochemical group PGPIC with economic sanctions due to its ties with the country's Revolutionary Guards (IRGC), the Treasury Department announced on Friday.
SAINT PETERSBURG: China's Xi Jinping and Russia's Vladimir Putin hit back at US global economic dominance on Friday (Jun 7) as they took the stage together at Russia's showcase business forum. With China embroiled in a trade war with Washington and Russia under Western sanctions, Xi and Putin ...
FedEx Corp said on Friday it has decided to not renew its contract with Amazon.com Inc for U.S. cargo delivery through FedEx Express.
Anadarko Petroleum repeatedly spurned rival Occidental Petroleum's approaches and pushed for all-cash offers, fearing the market's reaction to the blockbuster US$38 billion deal, according to securities filings released on Friday.
SINGAPORE: Singapore-listed real estate firm City Developments Ltd (CDL) announced on Friday (Jun 7) another attempt to buy Britain's Millennium & Copthorne (M&C) Hotels, this time for £2.23 billion (S$3.9 billion). The offer represents a premium of about 37 per cent to M&C's closing price of 500 ...
Russian President Vladimir Putin warned the United States on Friday that what he described as unbridled economic egoism was a recipe for trade and maybe even real wars.
Wells Fargo & Co will pay at least US$386 million to settle class-action claims by customers who said the bank signed them up for auto insurance they did not want or need when they took out car loans.
WASHINGTON: The United States intends to apply punitive tariffs on imports from Mexico on Monday (Jun 10) despite progress in talks on stemming migration, White House spokeswoman Sarah Sanders said Friday. "Our position hasn't changed," Sanders told reporters heading on Air Force One to Shannon ...
