Stocks News

By Huw Jones LONDON (Reuters) – KPMG has been fined 875,000 pounds ($1.09 million) for its audit of lighting manufacturer Luceco for its financial year to Dec. 31, 2016, Britain’s accounting watchdog said on Thursday.

ZURICH (Reuters) – UBS has hired JPMorgan to explore a possible IPO of Credit Suisse’s domestic business, Zurich based finance blog Inside Paradeplatz reported on Thursday.

(Reuters) – Swiss fragrance and flavour maker Givaudan on Thursday reported quarterly like-for-like sales above expectations, saying it started the year with good business momentum while maintaining operations and global supply chain at a high level.

By Nick Carey LONDON (Reuters) – Legacy automakers got off to a late start with their commercial electric vans, opening the door for other electric commercial vehicle (ECV) makers to gain a foothold, as the Maxus brand from China’s SAIC Motor Corp has done in Europe.

TOKYO (Reuters) – A casino resort project in Osaka, western Japan, is in the final stages of the government’s approval process, Prime Minister Fumio Kishida told reporters on Thursday.

(Reuters) – Apple Inc has significantly increased its production of iPhones in India, accounting for almost 7% of its total iPhone production, up from 1% in 2021, Bloomberg News reported on Thursday.

A look at the day ahead in European and global markets from Tom Westbrook

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.

(Reuters) – The judge overseeing Dominion Voting Systems’ lawsuit against Fox News said on Wednesday that he was imposing a sanction on the network and would very likely start an investigation into whether Fox’s legal team had withheld evidence, the New York Times reported.

By Blake Brittain (Reuters) – Monster Beverage Corp, the maker of Monster Energy drink, on Wednesday persuaded a California federal court to block rival Vital Pharmaceuticals, maker of Bang Energy, from marketing its drinks as containing “Super Creatine.”

By Jonathan Stempel NEW YORK (Reuters) – A new version of a lawsuit accusing JPMorgan Chase & Co of aiding in Jeffrey Epstein’s sex trafficking includes claims that the bank ignored pleas to cut ties with the financier, and that someone joked about whether Epstein knew

By Christian Kraemer WASHINGTON (Reuters) – G7 finance leaders pledged on Wednesday to take action to maintain the stability of the global financial system after recent banking turmoil and to give low- and middle-income countries a bigger role in diversifying supply chains to make them more

By Leika Kihara and David Lawder WASHINGTON (Reuters) – Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank must pay more attention to the risk of failing to meet its 2% inflation target with premature monetary tightening, rather than being behind the curve

By David Shepardson WASHINGTON (Reuters) – The Biden administration’s proposal on Wednesday to sharply cut tailpipe emissions and vehicle pollutants is on a fast track as the future of U.S. auto production could become a presidential campaign issue next year.

By Tom Wilson (Reuters) – The software that underpins the second-biggest crypto coin ether is due for a software upgrade on Wednesday that will give investors access to more than $30 billion of the digital tokens.

(Reuters) – Brazil could fine or suspend social media companies that do not effectively regulate content related to school violence, Justice Minister Flavio Dino said on Wednesday.

(Reuters) -American Airlines Group Inc on Wednesday forecast a lower-than-expected profit for the first quarter as the carrier battles high fuel costs.

(Reuters) – Harley-Davidson Inc said on Wednesday Chief Financial Officer Gina Goetter was leaving the company at the end of April to pursue another job.

By Arathy Somasekhar (Reuters) – Oil prices were little changed in early trading on Wednesday after industry data showed an unexpected build in U.S. crude and gasoline inventories, offsetting concerns about tightening supply ahead of output cuts by OPEC producers.

By Ankur Banerjee SINGAPORE (Reuters) – Asian equities inched lower on Wednesday ahead of a crucial U.S. inflation report that will likely influence the Federal Reserve’s monetary policy path, with markets wagering another hike in interest rates at the central bank’s next meeting.