L Brands Inc filed a legal complaint against Sycamore Partners on Thursday, after the buyout firm walked away from a $525 million deal to acquire a majority stake in the company's Victoria's Secret lingerie brand.
A U.S. warship has sailed through the sensitive Taiwan Strait for the second time in a month, Taiwanese and U.S. militaries said on Friday, amid heightened tensions between Taiwan and China and as a Chinese aircraft carrier passes near the island.
Treasury Secretary Steven Mnuchin said he is considering a government lending program for U.S. oil companies looking for federal aid as they cope with a devastating plunge in prices, Bloomberg News reported on Thursday.
(RTTNews) - The Taiwan stock market has moved higher in two straight sessions, collecting almost 80 points or 0.8 percent along the way. The Taiwan Stock Exchange now sits just beneath the 10,370-point plateau although it may spin its wheels on Friday.
The Cincinnati Bengals selected Louisiana State University quarterback Joe Burrow with the first pick of the NFL Draft on Thursday that was held online in a bid to help stem the spread of the coronavirus.
The 4/20 "holiday" enjoyed by marijuana aficionados wasn't much of a party this year. Data compiled by Cova, a provider of point-of-sale systems for the cannabis industry, which lists clients such as Canopy Growth's (NYSE: CGC) Tweed brand, indicates that sales figures in North
Chinese investors who traded Bank of China's (BoC) crude oil futures trading product are crying foul over the bank's decision to settle the trades at historic negative prices, claiming the bank should have done more to protect their interests.
SVB Financial Group (NASDAQ: SIVB) saw its shares rise Thursday, despite a lower-than-expected Q1 of fiscal 2020 net profit due to the higher provisioning that's become commonplace for banks.
Boeing Co is planning to cut 787 Dreamliner output by about half and announce job cuts in its first-quarter earnings report, Bloomberg news reported https://www.bloomberg.com/news/articles/2020-04-23/boeing-poised-to-cut-dreamliner-output-jobs-on-plunging-demand on Thursday.
Singapore Exchange reported a 38% jump in quarterly net profit to a 13-year high, as equities and derivatives trading volume surged on extreme market volatility.
Retail holding company L Brands (NYSE: LB) has had a rough ride since the coronavirus pandemic arrived in North America. Already struggling, but with a deal struck to sell its troubled Victoria's Secret chain giving it a boost, the company's stock has taken a nosedive since stor
The Calgary Stampede, an annual rodeo, exhibition and festival that is also Canada's biggest and booziest party, has been cancelled for the first time since the event began being held annually in 1923, organizers said on Thursday.
(RTTNews) - The South Korea stock market has finished higher in back-to-back trading days, advancing more than 35 points or 1.9 percent along the way. The KOSPI now rests just beneath the 1,915-point plateau although it may be stuck in neutral on Friday.
British consumer confidence held at its lowest since 2009 this month after tumbling in late March, as the country remained in coronavirus lockdown and on track for a deep recession, a survey showed on Friday.