Chief at Alibaba video site Youku steps down amid corruption probe

The president of Alibaba Group Holding Ltd’s video streaming service, Youku, has stepped down and is believed to be talking […]

Citigroup, JPMorgan to pay $182.5 million to settle rate-rigging lawsuit

Citigroup Inc and JPMorgan Chase & Co will pay $182.5 million to settle U.S. investor litigation claiming they violated antitrust […]

Wells Fargo fights to leave customers out of auto payout plan

Wells Fargo & Co (WFC.N) is fighting to shut some customers out of a sweeping plan to compensate around 600,000 […]

Singapore lawmaker blasts Facebook over refusal to take down ‘false’ post

A Singapore lawmaker hit out at Facebook on Tuesday, saying it had reneged on a promise to help rein in […]

GE shares tumble below $9 as JP Morgan analyst cuts price target

Shares of General Electric Co (GE.N) tumbled on Friday after a JP Morgan analyst slashed his target price on the […]

Norwegian oil, gas plants shut after tanker, frigate collide

An oil tanker and a Norwegian navy frigate collided off Norway’s west coast on Thursday, injuring eight people and triggering […]

Tesla names Telstra exec Robyn Denholm as chair

Tesla Inc said board member Robyn Denholm will replace Elon Musk as its chair, more than a month after the […]