Glencore Plc said on Thursday that the U.S Commodity Futures Trading Commission (CFTC) is investigating whether the miner and its units may have violated certain regulations through "corrupt practices".
Morgan Stanley will pay US$150 million to settle charges it concealed the risk of mortgage-backed securities that were sold to two large California pension funds, the state's attorney general Xavier Becerra announced on Thursday.
The U.S. Federal Aviation Administration said Thursday it is inviting top civil aviation officials from around the world to a May 23 meeting to discuss the now-grounded Boeing 737 MAX.
After months of handwringing about the possible crash-landing of the housing market, investors awaiting quarterly earnings from No. 3 U.S. homebuilder PulteGroup Inc this week were ready for the worst.
Farm supplier CHS Inc has dozens of loaded barges trapped on the flood-swollen Mississippi River near St. Louis - about 500 miles from the company's two Minnesota distribution hubs.
Facebook Inc committed serious contraventions of Canadian privacy law and failed to take responsibility for protecting the personal information of citizens, Canada's federal privacy commissioner said on Thursday.
REUTERS: Microsoft Corp's market value vaulted above the US$1 trillion mark for the first time in regular session trade on Thursday, pulling ahead of Apple Inc and making it the most valuable U.S. publicly traded company after quarterly earnings and revenue beat Wall Street expectations. The stock ...
A capital raise for Tesla Inc will not come cheap and Chief Executive Officer Elon Musk must finally prove to investors that he can produce and deliver Model 3s and higher margin electric cars on time, Wall Street analysts said on Thursday.
HONG Leong Finance on Thursday posted a 1.5 per cent increase in net profit to S$26.2 million, while revenue, measured by its total interest income and hiring charges, rose 18.4 per cent to S$95.2 million for its first quarter ended March 31.
SINGAPORE: US tech company Apple has announced a voluntary recall of its three-prong AC wall plug adapters designed for use primarily in Hong Kong, Singapore and the United Kingdom. The adapters can - in very rare cases - break and create a risk of electrical shock if exposed metal parts...