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DEALS
Global insurance first-half M&A value hits highest level since financial crisis
Global insurance mergers and acquisitions rose to 37 billion euros in the first six months of 2018, with a host of mega deals resulting in the highest first-half total since the...
BUSINESS
UK regulator upholds Facebook fine in Cambridge Analytica row
Britain's information regulator on Thursday upheld a small but symbolic 500,000 pound ($645,000) fine for Facebook for breaches of data protection law related to the harvesting ...
BUSINESS
Tesla posts profit with Model 3 surge, shares jump
Tesla Inc (TSLA.O) made good on Chief Executive Officer Elon Musk's promise that it would turn a profit in the third quarter as it ramps up pro...
U.S. LEGAL NEWS
USC, gynecologist face more claims despite class-action settlement
Fourteen more women accusing a former University of Southern California gynecologist of sexual misconduct sued the physician and the university on Tuesday, as their lawyer decri...
BUSINESS
U.S. draws China FX into trade dispute as IMF calls for resolution
The United States sought to make currency a central part of any solution to a bruising trade fight with China, keeping the pressure on Beijing to speed up economic reforms at a ...
DEALS
SoftBank picks Nomura, Goldman, three others to lead mobile unit's IPO: source
SoftBank Group Corp has chosen five investment banks, including units of Nomura Holdings Inc and Goldman Sachs, as lead underwriters for the mammoth initial public offering of i...
AUTOS
Volkswagen furloughs workers in Brazil as demand from depressed Argentina weakens
Volkswagen's (VOWG_p.DE) Brazil operation is putting workers on a 20-day furlough, the company said on Monday, citing reduced demand from Ar...
CYCLICAL CONSUMER GOODS
Daimler CFO won't renew his term when it ends in 2019
Daimler's (DAIGn.DE) finance chief Bodo Uebber won't seek to renew his contract when it expires in December 2019, the carmaker said late on S...
US DOLLAR REPORT