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Markets

US puts 37 Chinese companies and schools on red-flag ‘unverified’ list

The U.S. Commerce Department said on Wednesday that is adding 37 Chinese companies and schools to a red-flag list of "unverified" entities that U.S. companies should treat with caution, according to a notice in the Federal Register.

Markets

Indivior shares plummet, Reckitt hurt on US charges over opioid prescriptions

Indivior Plc lost three-quarters of its stock market value on Wednesday and former parent Reckitt Benckiser also fell after the U.S. Justice Department accused the British drugmaker of illegally boosting prescriptions for its blockbuster opioid addiction treatment.

Markets

Italy’s UniCredit says among banks accused of running bond cartel

Italy's biggest lender UniCredit said it is among a group of banks accused of running a cartel in trading euro zone government bonds between 2007 and 2012, years when financial crises dragged down banks and several European countries.

Markets

Ted Baker names insider as boss after founder quits over ‘hugging’ row

British fashion retailer Ted Baker named a company veteran as its boss on Thursday, also introducing changes to workplace standards as it looked to draw a line under misconduct allegations against founder and outgoing CEO Ray Kelvin.

Markets

Commentary: China’s protest against long working hours is so old-fashioned

China's anti-996 campaign is quaint in a world increasingly embracing working at all times of the day, says Financial Times' Andrew Hill.

Markets

UK business gives cautious welcome to Brexit extension

LONDON: Britain's main business lobby group on Thursday (Apr 11) gave a cautious welcome to news of yet another Brexit extension - but also urged an end to the "chaos". European leaders have agreed with British Prime Minister Theresa May to delay Brexit until Oct 31 at the latest, saving the...

Markets

ASML falls victim to corporate theft, plays down impact

Chinese employees stole corporate secrets from Dutch semi-conductor equipment maker ASML resulting in hundreds of millions of euros (dollars) in losses, leading Dutch financial newspaper Financieele Dagblad reported on Thursday.

Markets

HSBC Private Banking in Singapore hires ex-Credit Suisse banker for ultra high net worth unit

HSBC Private Banking has made another senior hire for its new ultra high net worth unit focused on serving super rich families in Asia, following two senior hires in March.

Markets

Apple adds Foxconn, chip suppliers to clean energy program

Apple Inc said on Thursday it has nearly doubled the number of suppliers using only clean energy for production work, including two that assemble and make the processor chips for the iPhone.

Markets

Chinese employees stole corporate secrets from ASML: Dutch newspaper FD

Chinese employees stole corporate secrets from Dutch semi-conductor equipment maker ASML resulting in hundreds of millions of euros (dollars) in losses, leading Dutch financial newspaper Financieele Dagblad reported on Thursday.

Markets

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