StanChart argues for cutting ‘systemic’ sanctions busting claims from lawsuit

[ad_1] The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. REUTERS/Peter Nicholls/File Photo Acquire Licensing Rights LONDON, Oct 3 (Reuters) – Standard Chartered…

Explainer: Why has Mozambique sued Credit Suisse over the ‘tuna bonds’?

[ad_1] A general view shows the High Court in London, Britain March 27, 2023. REUTERS/Toby Melville/File Photo Acquire Licensing Rights MAPUTO/LONDON, Sept 29 (Reuters) – Mozambique’s lawsuit against Credit Suisse…

Walmart cuts starting pay for some new hires – WSJ

[ad_1] Walmart’s logo is seen outside one of the stores ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 27, 2019. REUTERS/Kamil Krzaczynski Acquire Licensing Rights Sept 7 (Reuters)…

Chevron’s Australia LNG facilities face work stoppages, gas prices surge

[ad_1] The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela, December 2, 2022. REUTERS/Gaby…

Singapore bank DBS commits up to $741 mln for charity over next decade- CEO

[ad_1] SINGAPORE, Aug 11 (Reuters) – Singapore’s biggest bank DBS Group (DBSM.SI) will commit up to S$1 billion ($741.29 million) over the next 10 years to help improve the livelihoods…

Colombian conglomerate Grupo Aval, subsidiary settle charges of violating US law

[ad_1] The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo WASHINGTON, Aug 10 (Reuters)…

Factbox: Patrick Drahi, the telco tycoon facing debt woes, arrest of aide

[ad_1] Patrick Drahi, the founder and controlling shareholder of telecoms and cable firm Altice, arrives for a hearing on the concentration of media ownership in the country, at the French…

Exclusive: Mondelez ‘singled out’ in boycott over Russia business, exec says

[ad_1] NEW YORK, June 16 (Reuters) – Mondelez International’s (MDLZ.O) Europe president said Thursday that the Milka chocolate bar-maker was being “singled out and treated differently” from rival companies that…

Analysis: Odey scandal prompts Wall Street rethink on how to vet hedge funds

[ad_1] Banks could have severed Odey ties earlier -sources Tighter vetting on conduct is on the way -sources LONDON, June 15 (Reuters) – Wall Street firms are poised to reassess…