Lawyers for Credit Suisse last week re-interviewed a former bank executive who said the Swiss lender had her followed in New York, according to a person familiar with the matter, weeks after the company dismissed her allegation as baseless.
Asian stocks steadied on Wednesday on hopes of additional Chinese stimulus to lessen the economic impact of a coronavirus outbreak, but risks remain as the illness continues to spread and the death toll neared 500.
South Korea's LG Electronics Inc said on Wednesday it has decided to withdraw from exhibiting and participating in the Mobile World Congress in Barcelona, Spain, citing concerns over the coronavirus outbreak.
The Trump administration is planning to meet later this month to discuss efforts to further limit exports to China and its flagship telecoms company Huawei, as it seeks to keep state-of-the-art U.S. technology out of the hands of adversaries, two sources familiar with the matter said.
Tesla is making Elon Musk a lot richer without paying him a dime.
A nearly 14per cent gain in Tesla Inc's stock on Tuesday was likely sparked by investors looking to hop aboard its remarkable rally, rather than a reversal of bearish bets, an analysis of positioning dynamics showed.
Macy'sĀ Inc said on Tuesday it plans to close 125 of its least productive stores over the next three years, including about 30 stores that are already in the process of closing.
Nike Inc said on Tuesday the coronavirus outbreak in China would have a financial impact on its operations in the country, its biggest growth market, sending the footwear maker's shares down 3per cent.
Walt Disney Co's new streaming service Disney+ reached 26.5 million paying subscribers at the end of last year, the company said on Tuesday as it reported quarterly earnings that beat Wall Street forecasts.
State attorneys general investigating Alphabet Inc's Google unit met on Tuesday with U.S. Justice Department officials to coordinate efforts to probe the search and advertising giant, officials told Reuters.























