The European Central may protest that it does not intend to steer the euro's exchange rate, but it has a large and growing influence on the single currency through its policy and communication, Bundesbank research suggested on Monday.
In the last week of August, the Dow Jones Industrial Average announced that it was making its largest component reconstitution since 2013. The decision was triggered by Apple's recent stock split announcement, but the management of the index also made changes to sector weight
When you're planning a trip, you usually figure out where you want to go, how long you'll stay, what you'll do there, and how much all of that will cost. You don't throw a handful of clothes in a suitcase, hop in your car, and say "I'll wing it." Yet when it comes to retirement
(RTTNews) - European stocks slumped on Monday to hit two-week lows as surging cases of Covid-19 in Europe prompted renewed lockdown measures in some countries and cast doubt over the economic recovery.
(RTTNews) - Food and beverage major PepsiCo Inc. (PEP) announced Monday a new target to source 100% renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations by 2040.
(RTTNews) - 51job, Inc. (JOBS) said its Board has formed a special committee consisting of two independent directors to consider the preliminary non-binding acquisition proposal as well as other potential strategic alternatives. On September 17, the Board of 51job, Inc. received
This has been a topsy-turvy year for Wall Street and the investment community. Though volatility never disappears from the stock market, we've borne witness to the wildest vacillations in history. The broad-based S&P 500 sank like a stone during the first quarter and lost 34
The decision to file for Social Security isn't an easy one, since the age you claim benefits at will dictate how much monthly income you receive for the rest of your life. If you opt to sign up for Social Security at full retirement age (FRA), you'll get the exact monthly benefi
German lender Commerzbank said on Monday that it had strengthened its money laundering controls and reduced its international correspondence banking business.
HONG KONG/LONDON (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
German leasing business Grenke said on Monday that its founder Wolfgang Grenke would temporarily give up his seat on the supervisory board in the wake of a critical report by a short seller accusing the company of fraud.
Societe Generale is gearing up to launch the sale of its asset management arm Lyxor as the French lender seeks to shore up its finances after two consecutive quarterly losses, two sources familiar with the matter told Reuters.
German leasing business Grenke said on Monday that its founder Wolfgang Grenke would temporarily give up his seat on the supervisory board in the wake of a critical report by a short seller accusing the company of fraud.
(RTTNews) - AstraZeneca Plc (AZN.L, AZN) announced Monday that Lynparza (olaparib), jointly developed by the company and Merck & Co., Inc. (MRK), has been recommended for approval in the European Union for treating prostate cancer as well as Ovarian Cancer.
(RTTNews) - Superdry Plc (SDRY.L, SEPGF.PK, SEPGY.PK) reported a statutory loss before tax of 166.9 million pounds for the 52 weeks ending 25 April 2020 compared to a loss of 89.3 million pounds, previous year. Loss per share was 174.1 pence compared to a loss of 123.9 pence. St
(RTTNews) - Costa Cruises, a part of Carnival Corporation & plc (CCL, CCL.L, CUK), announced that Costa Diadema will depart from Genoa on September 21. Costa Diadema's itinerary, which marks the return of Costa's cruise holidays to Liguria and the Western Mediterranean, only
(RTTNews) - Security company G4S plc (GFSZY.PK, GFS.L) Monday said its revenues have remained resilient through the first eight months of the year 2020, following a strong performance in the first half.
(RTTNews) - Alexion Pharmaceuticals, Inc. (ALXN) announced that the Committee for Medicinal Products for Human Use has adopted a positive opinion, recommending marketing authorization in the European Union for a new 100 mg/mL intravenous advanced formulation of ULTOMIRIS (ravuli
(RTTNews) - Nikola Corp. (NKLA) announced the appointment of Stephen Girsky, former Vice Chairman of General Motors Co. and a member of Nikola's Board, as Chairman of the Board, effective immediately. The Board has accepted the proposal by Trevor Milton to voluntarily step aside
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