U.S law firm Hausfeld plans to battle Scott & Scott for a high-profile London class action against major banks over alleged foreign exchange (forex) rigging, a London court heard on Wednesday.
Capri Holdings Ltd blamed a controversy around a Versace T-shirt that labeled Hong Kong and Macau as countries for denting the luxury label's sales in China, adding it would now take a "very cautious" approach to its business in the country.
A two-day strike by Lufthansa cabin crew was set to begin on Thursday after a German court ruled late on Wednesday against management's efforts to stop it.
Tiffany & Co has asked Bulgari owner LVMH to raise its $14.5 billion acquisition offer, arguing that it significantly undervalues the U.S. jewelry chain, people familiar with the matter said on Wednesday.
Airbnb Inc will start a 24/7 hotline and review "high risk reservations" following the Halloween shooting incident in California, the home rental platform said in an email to employees seen by Reuters.
Uber Technologies Inc's stock dropped 3% to a record low in its busiest trading session since the ride-hailing company's Wall Street debut as employees and early investors on Wednesday became free to sell their shares.
A group of U.S. lawmakers introduced legislation on Wednesday that would block a federal retirement fund from investing in Chinese stocks.
Regulators have asked Boeing Co to fill in gaps in the documentation on its proposed 737 MAX software fix, industry sources told Reuters, raising new questions over the planemaker's hopes to return the jet to U.S. service by year-end.
Oil prices fell on Wednesday after a much larger-than-expected build in U.S. crude inventories and after Reuters reported that the signing of a U.S.-China trade deal could be delayed until December.
U.S. stocks were near flat on Wednesday as a report that the U.S.-China deal could be delayed until December increased worries about how long the trade war will go on, while healthcare shares supported the market.
You may have the perfect plan for travel this holiday season. Yet, one wrong move could sink your carefully crafted budget.
The founder of Bridgewater Associates, the world's largest hedge fund, recently spelled out his thesis on why the economy is broken in a LinkedIn post titled: "The World Has Gone Mad and the System Is Broken."
A meeting between U.S. President Donald Trump and Chinese President Xi Jinping to sign a long-awaited interim trade deal could be delayed until December as discussions continue over terms and venue, a senior official of the Trump administration told Reuters on Wednesday.
Private equity firm Blackstone Group Inc Chief Executive Stephen Schwarzman said on Wednesday he was optimistic that the United States and China would resolve their 16-month-long trade war, helping to ease tensions between two of the world's biggest economies.
CVS Health Corp reported higher-than-expected third-quarter profit on Wednesday as medical costs in its Aetna health insurance business came in below forecasts, and the company said its new strategy of using in-pharmacy clinics would contain healthcare spending going forward.