Nissan Motor Co was embroiled in another scandal over executive pay on Thursday after Chief Executive Hiroto Saikawa admitted to being overpaid in violation of internal procedures under a scheme designed by ousted Chairman Carlos Ghosn.
U.S. services sector activity accelerated in August and private employers boosted hiring, suggesting the economy continued to grow at a moderate pace despite trade tensions which have stoked financial market fears of a recession.
Danske Bank named Stephan Engels from Commerzbank as its finance chief on Thursday, the latest step by the Danish lender's new boss to restore trust after its involvement in a damaging money laundering scandal.
Asian shares extended gains on Thursday and U.S. stock futures jumped after China said it will hold trade talks with the United States in early October, raising hopes they can de-escalate their trade war before it inflicts further damage on the global economy.
Commerzbank's Chief Financial Officer Stephan Engels is stepping down next year, Germany's second-largest listed lender said on Thursday.
Danske Bank on Thursday announced the appointment of Stephan Engels from Commerzbank as chief financial officer to replace Christian Baltzer.
Glencore Inc's penchant for risk has long been mining industry lore, but the company is quickly expanding into a part of the world that would have been improbable just a few years ago: Minnesota.
Tesla Inc's use of individual customer data, such as vehicle camera footage and GPS, to price its new insurance products will depend on drivers' authorization and individual U.S. state laws, a senior company executive said on Wednesday.
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke with Chinese Vice Premier Liu He and agreed to hold ministerial-level trade talks in Washington "in the coming weeks," a USTR spokesman said late on Wednesday.
China and the United States agreed to hold high-level trade talks in early October in Washington, China's commerce ministry said on Thursday, amid fears that an escalating trade war could trigger a global economic recession.
Nissan Motor Co was embroiled in another scandal over executive pay on Thursday after Chief Executive Hiroto Saikawa admitted to being overpaid in violation of internal procedures under a scheme designed by ousted Chairman Carlos Ghosn.
The Trump administration wants to take Fannie and Freddie out of government conservatorship, but doing so will be complicated due to the central role they play in the housing market and the Treasury's holdings in the two firms.
A top U.S. accounting watchdog has brought only 18 enforcement actions and levied just $6.5 million in fines against the Big Four accounting firms in its 16-year existence, according to a study published on Thursday.
WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) to a little over $20 billion, less than half the $47 billion valuation it achieved in a private fundraising round in January, people familiar with the matter said on Thursday.
Three of Wall Street's top-performing IPO stocks in 2019 tumbled late on Thursday after the companies' quarterly results failed to satisfy investors and justify their high valuations.