(Reuters) – On July 7, the board of directors at Texas fracking sand supplier Hi-Crush granted nearly $3 million in bonuses to four top executives, including $1.35 million for CEO […]
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In China, fears of financial Iron Curtain as U.S. tensions rise
SHANGHAI/BEIJING (Reuters) – A sharp escalation in tensions with the United States has stoked fears in China of a deepening financial war that could result in it being shut out […]
Read moreGoldman Sachs, Barclays among bidders for GM's credit card business: WSJ
(Reuters) – Goldman Sachs Group Inc (GS.N) is looking to buy General Motors Co’s (GM.N) credit card unit as it looks to double down on its consumer banking arm, the […]
Read moreMoney Hacks Podcast: Understand what products and risk profiles suit you as an investor
Money Hacks Ep 76: Understand what products and risk profiles suit you as an investor 12:57 mins Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips. This […]
Read moreAsian markets set for mixed trade amid U.S. stimulus wrangling
BOSTON (Reuters) – Asian stocks were set for choppy trade on Wednesday after Wall Street dipped amid growing uncertainty about an additional round of U.S. fiscal stimulus. New Zealand opened […]
Read moreS&P 500 ends lower amid concern about stalemate in stimulus talks
(Reuters) – The S&P 500 ended lower on Tuesday, reversing course late in the session after comments about a stalemate in talks over a fiscal stimulus deal. The benchmark index […]
Read moreU.S.-China trade deal in 'fine' shape, White House's Kudlow says
WASHINGTON (Reuters) – China is continuing to buy U.S. goods, particularly commodities, under its Phase 1 trade deal with the United States, despite rising tensions over Hong Kong and other […]
Read moreArgentina looks to IMF for more breathing space
NEW YORK (Reuters) – After reaching a $65 billion restructuring agreement in principle with its creditors earlier this month, Argentina must now turn to relief from the International Monetary Fund […]
Read moreHyundai, Aptiv name self-driving joint venture Motional
(Reuters) – South Korean automaker Hyundai Motor Co (005380.KS) and auto supplier Aptiv PLC (APTV.N) have named their self-driving joint venture Motional, the companies said Tuesday. Formed a year ago, […]
Read morePrudential to exit U.S. business as first-half operating profit falls
LONDON (Reuters) – British insurer Prudential (PRU.L) said on Tuesday it planned to spin off its U.S. business Jackson to focus on Asia and Africa, as its adjusted operating profit […]
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