FRENCH COURT FINES UBS 4.5 BILLION EUROS IN TAX FRAUD CASE

A French court on Wednesday found Swiss bank UBS AG guilty of illegally soliciting clients in France and laundering the proceeds of...

FORMER BARCLAYS CHAIRMAN 'NOT AWARE' OF QATAR FEE DOCUMENT, COURT TOLD

Barclays' former chairman, giving evidence in a landmark London fraud trial, said he first saw a document detailing agreed fees for...

 
 
 

UBS ORDERED BY COURT TO PAY FRENCH STATE 800 MILLION EUROS IN DAMAGES

A French court on Wednesday ordered UBS to pay the French state 800 million euros in damages, after finding UBS guilty of laundering...

FRENCH COURT FINES SWISS BANK UBS 3.7 BILLION EUROS FOR TAX FRAUD

A French court on Wednesday found Swiss bank UBS AG guilty of laundering the proceeds of tax evasion and fined it 3.7 billion euros...

 
 
 

BRITISH PM MAY SAYS HONDA PLANT CLOSURE CAN'T BE BLAMED ON BREXIT

British Prime Minister Theresa May said Honda's announcement that it would close its factory in England in 2021 was deeply disappointing,...

CVS HEALTH'S FULL-YEAR PROFIT FORECAST MISSES ESTIMATES

CVS Health Corp forecast full-year profit well below Wall Street estimates on Wednesday due to weakness in its long-term healthcare...

 
 
 

CVS HEALTH QUARTERLY REVENUE RISES 12.5 PERCENT

CVS Health Corp reported a 12.5 percent increase in quarterly revenue on Wednesday, driven by strong pharmacy sales and its recent...

SAINSBURY'S-ASDA DEAL IN JEOPARDY AS UK REGULATOR CONDEMNS PLAN

Britain's competition regulator has dealt a potentially fatal blow to Sainsbury's planned $9.5 billion takeover of Walmart's Asda,...

 
 
 

EU MEDICINES AGENCY LOSES BID TO END LONDON LEASE OVER BREXIT

The European Medicines Agency has lost its bid to cancel a lease on its office in London's Canary Wharf financial district due to Brexit,...

OIL DIPS AFTER FORECAST FOR RECORD U.S. SHALE OUTPUT

Crude oil futures eased on Wednesday in light of the prospect of a continued boom in U.S. shale oil output, although with OPEC determined...

 
 
 

CAESARS SAYS CONTINUES TO LOOK AT OPTIONS AFTER ICAHN URGES SALE OF COMPANY

Caesars Entertainment Corp said on Wednesday it will continue to look at options for the company, a day after activist investor Carl...

GOLDMAN SACHS BACKS U.S. CONSTRUCTION FINANCE TECH STARTUP RABBET

Goldman Sachs Group Inc has backed Rabbet, a U.S. startup that develops software to help make construction finance more efficient,...

 
 
 

GERMAN PROSECUTORS START PENALTY PROCEEDINGS AGAINST DAIMLER IN DIESEL PROBE

German prosecutors in the city of Stuttgart have opened penalty proceedings against carmaker Daimler linked to suspected manipulation...

EUROPEAN MEDICINES AGENCY LOSES BID TO END LONDON LEASE OVER BREXIT

The European Medicines Agency has lost its bid to void a lease on its office in London's Canary Wharf financial district due to Brexit,...

 
 
 

U.S. AMBASSADOR TO ITALY VISITS TELECOM ITALIA HEADQUARTERS

The U.S. ambassador to Italy, Lewis Eisenberg, visited the Rome headquarters of Italian phone group Telecom Italia on Wednesday, a...

FMC EXPECTS NXSTAGE DEAL TO CLOSE IN NEXT COUPLE OF DAYS

Germany's Fresenius Medical Care said on Wednesday it has won the green light from U.S. regulators to acquire U.S. home dialysis equipment...

 
 
 

SAINSBURY'S-ASDA DEAL IN DOUBT AS UK REGULATOR RAISES BIG OBJECTIONS

Britain's competition regulator has dealt a potentially fatal blow to Sainsbury's planned $9.5 billion takeover of Walmart's Asda,...

EXCLUSIVE: FED RATE PAUSE RIGHT -FED'S WILLIAMS

The Federal Reserve was right to switch to a neutral stance on interest rates at its January meeting, New York Federal Reserve President...

 
 
 

MICROSOFT SAYS DISCOVERS HACKING TARGETING DEMOCRATIC INSTITUTIONS IN EUROPE

Microsoft Corp on Wednesday said it had discovered hacking targeting democratic institutions, think tanks and non-profit organizations...

U.S.-CHINA TRADE HOPES EXTEND EQUITY SURGE; CENTRAL BANKS SUPPORTIVE

World stocks hit a four-month high on Wednesday on hopes of progress in trade talks between the United States and China, with a dovish...

 
 
 



Putin warns new Russian weapons will target US if it deploys missiles to Europe

Putin warns new Russian weapons will target US if it deploys missiles to Europe

President Vladimir Putin says Russia will target new weapons at the United States should it deploy new intermediate-range missiles in Europe following Washington's withdrawal... Read more ...

Trump Threatens To Cancel California's $929 Million High Speed Rail Grant

Trump Threatens To Cancel California's $929 Million High Speed Rail Grant

The president is in a Twitter war with California Gov. Gavin Newsom over the rail project and the president's emergency declaration to build a border wall. Read more ...

Trump to nominate Jeffrey Rosen as new deputy AG

Trump to nominate Jeffrey Rosen as new deputy AG

President Trump will name Jeffrey Rosen as the next deputy attorney general, an official said Monday. Rosen, who is currently the deputy secretary of the US Department of... Read more ...

Nick Sandmann's lawyers file $250 million lawsuit against Washington Post

Nick Sandmann's lawyers file $250 million lawsuit against Washington Post

The lawyers for the family of Nicholas Sandmann have filed a lawsuit against The Washington Post, seeking $250 million in both compensatory and punitive damages. Read more ...

Three anti-Brexit Tories quit party to join new centrist group amid 11th...

Three anti-Brexit Tories quit party to join new centrist group amid 11th hour negotiations

Three Conservative members of Parliament - all outspoken opponents of Brexit - have quit the party to join a new centrist group. Anna Soubry, Heidi Allen and Sarah Wollaston... Read more ...

CVS tumbles after saying Aetna integration will cause some earnings headwinds

CVS tumbles after saying Aetna integration will cause some earnings headwinds

CVS Health beat on both the top and bottom lines. But the high end of its full-year profit guidance fell short of Wall Street estimates. The company said its integration with... Read more ...

Here's what Manny Machado can buy with his $300 million

Here's what Manny Machado can buy with his $300 million

Manny Machado is about to be a very rich man - one of the richest players in sports history after agreeing to a 10-year, $300 million deal with the San Diego Padres. The... Read more ...

Trump To Nominate Jeffrey Rosen To Replace Rod Rosenstein As Deputy Attorney...

Trump To Nominate Jeffrey Rosen To Replace Rod Rosenstein As Deputy Attorney General

President Trump intends to nominate Jeffrey A. Rosen as deputy attorney general, the White House said Tuesday. Rosen, who is currently deputy transportation secretary, will... Read more ...

Razor blades found under cart handles at Walmart; one person injured, police say

Razor blades found under cart handles at Walmart; one person injured, police say

Police in North Carolina are looking for the people responsible for placing razor blades under the handles of shopping carts at a Walmart, injuring at least one person. Read more ...

British Woman Who Joined ISIS In Syria As Teen Is Stripped Of U.K. Citizenship

British Woman Who Joined ISIS In Syria As Teen Is Stripped Of U.K. Citizenship

Shamima Begum, 19, left England in 2015. Now she is a married mother and living in a refugee camp. Begum says she wants to come home, but the U.K. government doesn't want her back. Read more ...