BUSINESS

Two Goldman Sachs bankers concocted a scheme involving their wives to conceal kickbacks they received for helping to loot Malaysia's 1MDB sovereign wealth fund, one of the bankers testified on Thursday at the corruption trial of the other, Roger Ng.

The sale of Citigroup's Russian consumer bank could be complicated by U.S.

General Motors aims to turbocharge its non-vehicle revenue by introducing dozens of new fee-based digital features by 2026, including one enabling a car to predict when it will need maintenance, a top executive said on Thursday.

Elon Musk probed in US over stock trades: report

Elon Musk and his brother Kimbal are under investigation on suspicions that they violated insider trading rules last year when Elon asked Twitter followers whether or not he should sell his shares in his company.

Ukrainians can lock Facebook pages after 'kill list' fears

The well-scripted turn by global central banks towards tighter, post-pandemic monetary policy has been thrown into doubt by Russia's invasion of Ukraine, a geopolitical upheaval likely to be felt differently across the world's major economic centers.

Rivian Automotive is "making progress" in the increase of production for electric vehicles at its Normal, Illinois, assembly plant and is aiming to take 10% share in the EV market by 2030, Chief Executive Officer R.J.

Russia facing tough US sanctions, but avoids some severe steps

Hedge fund Sachem Head Capital Management has taken a stake in Anaplan Inc and may decide to press the business planning software company to make changes, two sources familiar with the matter told Reuters.

The United States on Thursday imposed sanctions on Russia in retaliation for its invasion of Ukraine, targeting its two biggest banks and members of the elite in new measures as Washington warned more action could come.

By car and foot, Ukraine refugees start flowing into Hungary

US unveils sanctions to turn Putin into 'pariah'

'The foxes are guarding the hen house': Russia's war highlights UN impotence

'Pariah' Putin mocks global isolation: analysts

Volkswagen and its top shareholder Porsche SE on Thursday fleshed out details of a possible listing of luxury carmaker Porsche, edging closer to what could become one of the world's largest stock market debuts.

Cannabis legalization in Canada has created jobs and boosted the country's economy, and while there is support for recreational legalization in the U.S., federal law has not caught up.

Citigroup Inc said on Thursday it will eliminate all overdraft, returned item and overdraft protection fees by this summer, the first big U.S.

SWIFT, the global finance arm that the West can twist

The head of the U.S. Chamber of Commerce joined a chorus of outrage against Moscow's operation to "demilitarize" its neighbor on Thursday, calling Russia's invasion of Ukraine a "serious breach" of international law and a "violation" of the nation's sovereignty.

Ford is recalling nearly 250,000 Super Duty trucks that could lose vehicle control or power while driving due to component damage.

Stablecoins, which are virtual tokens pegged to traditional currencies such as the U.S.

'Multi-pronged' Russian assault aims to encircle Ukraine forces

Russia's invasion of Ukraine has stepped up pressure for tougher economic sanctions on Moscow, including potentially shutting the country out of SWIFT - the world's main international payments network - hitting Russian trade and making it harder for Russian companies to do business.

Ukraine flags fly in Europe, US against Putin's 'surreal war'

U.S. Federal Reserve officials on Thursday began taking stock of how the unfolding conflict in Ukraine might influence the economy and their planned shift to tighter monetary policy, with investors and some officials suggesting it could slow but likely not stop a planned round of interest rate increases.

Ukraine's government is lobbying the Biden administration to cut Russia off from U.S.

Bangui hails Russian 'saviours' of battered C. Africa

The U.S. Justice Department on Thursday sued to stop UnitedHealth Group's $8 billion acquisition of Change Healthcare, saying the deal would give the largest U.S.