An avalanche of mud unleashed by a massive dam failure in Brazil earlier this month contained “high levels of toxic heavy metals and other toxic chemicals,” a pair of United Nations experts said.
Exchange rates have become hypersensitive to interest-rate expectations, HSBC calculates. More big swings could lie ahead.
Cuts to output of base metals like copper and zinc haven’t prevented further slumps in prices. More fundamental change is required to underpin recovery.
Barclays has been fined by British regulators over anti-money-laundering control failings linked to a secretive $2.83 billion deal it arranged for a number of rich clients.
Tesco has reached agreement in principle to pay $12 million to settle a class-action lawsuit in New York over an accounting scandal that tarnished the retailer’s reputation.
Shares in Infineon Technologies jumped after the German semiconductor maker reported better-than-expected fiscal fourth-quarter net profit and increased its dividend, due in part to the benefits of a recent acquisition.
A big find typically would send an energy company’s stock surging, but in an industry awash in the commodity, it is having the opposite effect of pushing down share prices.
As Apple Pay enters China, the country’s lead in mobile payments provides a road map of sorts.
French liquor group Rémy Cointreau said first-half profit for its 2016 fiscal year was lifted by favorable exchange rates.
Bank of Qingdao, the largest city commercial lender in eastern China’s Shandong province, priced its Hong Kong IPO at the bottom end of the expected price range.