Britain's Financial Reporting Council (FRC) has added an extra year to its investigation into accountant EY's audit of Thomas Cook, the holiday company that collapsed in September leaving tens of thousands of people stranded abroad.
E-commerce giant Alibaba Group Holding Ltd and its fintech affiliate Ant Financial announced a string of top level executive changes on Thursday, amid an ongoing restructuring following the appointment of Daniel Zhang as chairman of Alibaba.
World stocks drifted down from the week's record highs on Thursday, while the crown gained as Sweden's central bank became the first to raise interest rates from negative territory.
U.S. homesharing site Airbnb on Thursday won its battle to remain exempt from onerous European property regulations, as the EU's top court ruled it was an online platform and not a property agent.
China on Thursday unveiled a new list of import tariff exemptions for six chemical and oil products from the United States, days after the world's two largest economies announced a Phase 1 trade deal.
China's Ant Financial, a fintech affiliate of e-commerce giant Alibaba Group Holding Ltd , has quietly acquired a sizable stake in a Vietnamese e-wallet eMonkey, people familiar with the matter said.
Volkswagen's namesake core brand is on track to post a record operating profit this year thanks to cost savings and its increased sales of sports utility vehicles (SUV's), a senior manager of the unit said.
A German court has banned Uber services in Germany arguing the U.S. ride hailing company lacks a necessary licence to offer passenger transport services using rental cars.
Oil prices hovered near three-month peaks on Thursday, buoyed by falling U.S. crude inventories and thawing trade relations between the United States and China.
Art Cashin, managing director of UBS Financial Services, offers his predictions for 2020.
The Bank of England (BOE) has admitted that a rogue supplier has been misusing feeds from its press briefings since earlier this year.
Goldman Sachs Group Inc is in talks with the U.S. government to pay a $2 billion fine and admit guilt to resolve a criminal investigation into its role in a Malaysian corruption scandal, the Wall Street Journal reported on Thursday.
Facebook's Libra project has no solid plan yet for how or where it will be launched next year, a member of the board that will oversee the cryptocurrency told Reuters on Thursday.
The number of Americans filing applications for unemployment benefits dropped from more than a two-year high last week, pointing to sustained labor market strength.
Bond yields rose and Sweden's crown stayed ice cool on Thursday as the country became the first to raise interest rates out of sub-zero territory, while world stocks drifted off this week's record highs.