Russian court extends custody of Baring Vostok"s Calvey until April
A Russian court on Saturday ordered Michael Calvey, the U.S. founder of one of Russia's biggest private equity firms accused of fraud, to be kept in custody until April 13......»»
Russian court orders Baring Vostok"s Calvey to be kept in custody until April 13
A Moscow court has ordered Baring Vostok's founder Michael Calvey to be kept in custody until April 13......»»
Baring Vostok"s Calvey tells Russian court he will cooperate with investigation
Michael Calvey, the U.S. founder of one of Russia's biggest private equity firms, told a Russian court on Saturday he would cooperate with an investigation into alleged financial misconduct and comply with terms if put under house arrest......»»
HNA cuts stake in Deutsche Bank to 6.3 percent: SEC filing
Chinese conglomerate HNA has cut its stake in Deutsche Bank to 6.3 percent, according to a filing with the U.S. Securities and Exchange Commission......»»
China-U.S. trade talks "making a final sprint": state media
Chinese state media on Saturday expressed cautious optimism over trade talks between the United States and China, a day after President Xi Jinping said a week of discussions had produced "step-by-step" progress......»»
Starboard gauges Bristol-Myers shareholder support for Celgene deal
Activist hedge fund Starboard Value LP has asked a proxy solicitor to probe the level of support among Bristol-Myers Squibb Co shareholders for the U.S. drug maker's $74 billion deal to buy Celgene Corp, people familiar with the matter said on Friday......»»
Automakers brace for U.S. government report on import tariffs
A confidential Commerce Departmen.....»»
Wall Street Week Ahead: Profit estimates may be adding in too much cost risk
As Wall Street braces for the first quarterly decline in earnings in nearly three years, some investors are wondering if the market is factoring in a bigger erosion in profit margins than will actually come to pass......»»
Barbie turns 60 at New York Toy Fair
Mattel showcases its best toys before New York Toy Fair as its shares drop on sales forecast. Fred Katayama reports......»»
Analyst View: Investors divided over Mexico"s bailout of state oil company
The Mexican government promised on Friday to do what it takes to strengthen the finances of ailing state oil company Petroleos Mexicanos with an injection of at least $3.6 billion to prevent a further credit downgrade......»»
Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade
Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix......»»
Mattel warns of weak 2019, shares drop most in 20 years
Mattel Inc on Friday issued a disappointing 2019 forecast and said demand for its iconic Barbie doll was slowing, triggering an 18 percent drop in its shares, their worst day in nearly two decades......»»
Venezuela opposition to leave Citgo funds, management untouched: envoy
Venezuela's opposition has no plans to use funds belonging to U.S. refiner Citgo, which is owned by state oil company PDVSA, despite having named a new board for the company this week, the self-declared interim government's U.S. envoy said on Friday......»»
Payless ShoeSource to start liquidation sales at stores
U.S. discount retailer Payless ShoeSource Inc said on Friday it would begin going-out-of-business sales at its U.S. and Puerto Rico stores on Feb. 17 and wind down its e-commerce operations......»»
Amazon invites Ocasio-Cortez for tour, calls worker claims untrue
A senior Amazon.com Inc executive on Friday disputed claims raised by Representative Alexandria Ocasio-Cortez that Amazon workers face "dehumanizing conditions" as being untrue and invited her to take a tour of company facilities......»»
Oil rises over 2 percent to 2019 highs on tightening supplies
Oil prices rose more than 2 percent to their highest this year on Friday after an outage at Saudi Arabia's offshore oilfield boosted expectations for tightening supply, while progressing U.S.-Sino trade talks strengthened demand sentiment......»»
Mattel shares plunge as 2019 forecast disappoints
Mattel Inc on Friday issued a disappointing 2019 forecast, barely a week after posting a surprise quarterly profit, triggering an 18 percent drop in its shares......»»
Citigroup CEO gets $24 million as compensation in 2018
Citigroup Inc said on Friday its Chief Executive Michael Corbat will get a 4.35 percent raise, bringing his total compensation for 2018 to $24 million......»»
TSX rises 0.91 percent
* The Toronto Stock Exchange's S&P/TSX rose 142.26 points, or 0.91 percent, to 15,838.24......»»