[ad_1] NEW YORK (Reuters) – The pound pared losses against the dollar on Thursday in the wake of British Prime Minister Boris Johnson’s call for a Dec. 12 election to break the country’s deadlock over
Ex-Deutsche Bank traders avoid prison time for Libor scheme
[ad_1] NEW YORK (Reuters) – Two former Deutsche Bank AG (DBKGn.DE) traders will not serve any prison time for conspiring to manipulate the Libor benchmark interest rate between 2005 and 2011, a federal judge ruled
Saudi Arabia faces reality check as Wall Street heads to Riyadh
[ad_1] DUBAI (Reuters) – Wall Street’s heavy hitters are back in Saudi Arabia but the terms of engagement have changed. The CEOs of Citigroup (C.N) and Credit Suisse (CSGN.S), as well as the heads of
Shares edge higher, buoyed by upbeat results; sterling weakens
[ad_1] NEW YORK (Reuters) – Stock markets edged higher on Thursday amid upbeat earnings reports from a slew of companies worldwide, while the British pound slipped. Sterling lost ground as the possibility of a snap
Oil edges higher, but weak demand outlook weighs
[ad_1] NEW YORK (Reuters) – Oil prices climbed on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and
Oil rises further above $61, but weak demand outlook weighs
[ad_1] LONDON (Reuters) – Oil edged further above $61 a barrel on Thursday as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset concern
Daimler third-quarter operating profit up 8%, boosted by Mercedes sales
[ad_1] FRANKFURT (Reuters) – Daimler (DAIGn.DE) reported a slight rise in third-quarter operating profit on Thursday, boosted by sales of Mercedes-Benz cars, sending its shares higher, but announced cost cuts and warned legal provisions tied
India’s mobile operators face $13 billion bill after court ruling
[ad_1] NEW DELHI (Reuters) – India’s top court on Thursday upheld a demand by the country’s telecoms department that wireless carriers pay 920 billion rupees ($12.97 billion) in overdue levies and interest, sending their shares
Equinor sticks to 2019 output forecast as low gas sales hit profit
[ad_1] OSLO (Reuters) – Equinor’s (EQNR.OL) third-quarter profit fell by more than expected on Thursday after a significant decline in the volume and price of natural gas sold to Europe, although the Norwegian firm reiterated
India’s mobile operators face $13 billion in charges after court ruling
[ad_1] NEW DELHI (Reuters) – India’s top court on Thursday upheld a demand by the country’s telecoms department that wireless carriers pay 920 billion rupees ($12.97 billion) in overdue levies and interest, sending their shares