Dozens of Fairfax journalists down pens in protest over job cuts More than 100 journalists at Australia's oldest publisher, Fairfax Media, protested outside the company's offices on Thursday at the start of a rare week-long strike in opposition to a decision to axe a quarter of its editorial staff. Fairfax […]
Macron, Le Pen clash on euro, terrorism, in French pre-election TV showdown Far-right candidate Marine Le Pen and centrist Emmanuel Macron clashed over their vision of France's future, the euro and ways of fighting terrorism in an ill-tempered televised debate on Wednesday before Sunday's run-off vote for the presidency. The […]
Fed holds interest rates steady, downplays economic weakness The U.S. Federal Reserve kept interest rates unchanged on Wednesday and downplayed weak first-quarter economic growth while emphasizing the strength of the labor market, in a sign it was still on track for two more rate rises this year. In a bullish […]
Spam campaign targets Google users with malicious link Alphabet Inc (GOOGL.O) warned its users to beware of emails from known contacts asking them to click on a link to Google Docs after a large number of people turned to social media to complain that their accounts had been hacked. Google […]
UBS breaks ranks with push for mid-tier Asian millionaires UBS Group AG (UBSG.S) plans to hire about 100 wealth management client advisors over the next two years in Hong Kong, the biggest wealth hub in Asia-Pacific, to grab a bigger share of the fast-growing mid-tier millionaire segment. The Swiss bank's […]
Oil eases, near weakest since late March on small U.S. stocks decline Crude oil lost ground on Thursday, falling for a third out of four sessions and trading near its lowest since late March after data showed a lower than expected decline in U.S. inventories. U.S. crude stockpiles fell less […]
French bank SocGen settles dispute with Libyan Investment Authority French bank Societe Generale (SOGN.PA) and the Libyan Investment Authority (LIA) have signed a confidential agreement to settle a legal dispute regarding a case focused on five trades totaling $2.1 billion, executed between 2007 and 2009. "Societe Generale and the Libyan […]
Wal-Mart seeks anti-corruption certification, in talks with regulators Wal-Mart Stores Inc (WMT.N) said on Wednesday it was considering getting certified under a new international program that could help companies defend themselves against isolated cases of corruption or poor business practices. The International Organization for Standardization (ISO) developed the so-called anti-corruption […]
Asian stocks retreat, dollar holds near six-week high on hawkish Fed Asian stocks retreated on Thursday, taking their cues from a subdued session on Wall Street, while the dollar retained gains made after the Federal Reserve's hawkish policy statement. European markets looked more positive, with financial spreadbetters expecting Britain's FTSE […]
FBI Comey defends Clinton email probe announcement, but feels nauseous FBI Director James Comey said on Wednesday it made him "mildly nauseous" to think his announcement of the reopening of an investigation into Hillary Clinton's emails affected the 2016 presidential election, but he had no regrets and would make the […]
