A federal grand jury in
Detroit on Thursday indicted four managers at Volkswagen AG's
luxury Audi unit as part of the U.S. government's
investigation into the German automaker's diesel emissions
cheating scandal, according to court documents.
U.S. fund investors charged
into high-yield "junk" bonds during the latest week, pouring in
$3.3 billion, the most cash flowing into that market since late
2016, Lipper said on Thursday, boosted by soothing words by
Federal Reserve Chairman Jerome Powell.
Underscoring investors' appetite for some risk-taking,
Natural gas and oil firm Gulfport
Energy Corp said it would buy back $400 million of
shares on Thursday, just hours after a public demand to that
effect from hedge fund investor Firefly Value Partners.
MADRID, Jan 17 (Thomson Reuters Foundation) - The world has
made far too little progress on the global goals governments
agreed in 2015 to end poverty and hunger and tackle climate
change, with a rising tide of nationalism acting as a wrecking
ball, architects of the goals said on...
Brazil's supreme court on
Thursday ordered Rio de Janeiro state prosecutors to temporarily
suspend a probe into suspicious payments made by the former
driver of President Jair Bolsonaro's son, whose lawyers
requested the injunction.
China's envoy to Canada on
Thursday warned Ottawa there would be repercussions if it banned
technology firm Huawei Technologies Co Ltd from
supplying equipment to Canadian 5G networks, the latest blast in
a deepening bilateral dispute.
Sears Holdings Corp Chairman
Eddie Lampert won a bankruptcy auction to buy the once iconic
U.S. retailer after presenting an improved offer of $5.2
billion, Sears said on Thursday, but creditors quickly moved to
oppose the deal.