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Rogue trader, euro zone crisis and war, Socgen’s CEO ends ‘bumpy’ ride at top

By John O’Donnell and Julien Ponthus FRANKFURT/LONDON (Reuters) -Societe Generale CEO Frederic Oudea, who navigated the French bank through a rogue trading scandal and the euro zone crisis, will leave.

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Woodside shareholders approve BHP petroleum merger

By Sonali Paul BRISBANE (Reuters) -Shareholders in Woodside (OTC:WOPEY) Petroleum approved on Thursday a merger with BHP Group (NYSE:BHP)’s petroleum arm to create a top 10 global independent oil and.

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Analysis-Rare double whammy hits investors: steep slumps for both stocks and bonds

By David Randall and John McCrank NEW YORK (Reuters) – From meme-stock enthusiasts to retirees, this year’s steep dive for both stocks and U.S. Treasury prices has upended portfolios for.

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Guatemalan congress approves $500 million loan from World Bank

GUATEMALA CITY (Reuters) – Guatemala’s congress approved on Wednesday a $500 million loan from the World Bank that the government has said will be used to pay down debt, freeing.

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Singapore Airlines sees no big growth risk from Boeing 777X delays

(Reuters) -Singapore Airlines Ltd (SIA) does not expect its growth plans to take a major hit because Boeing (NYSE:BA) Co pushed back the date for delivery of its first 777X.

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Biden invokes Defense Production Act to increase infant formula supply

WASHINGTON (Reuters) -President Joe Biden took steps on Wednesday to address the shortage of infant formula in the United States, invoking the Defense Production Act to help manufacturers obtain the.

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Architect of Allianz fraud made $60 million as he lied to investors, U.S. says

By Tom Sims, Alexander Hübner and John O’Donnell FRANKFURT (Reuters) – The star portfolio manager at the centre of a fraud at the U.S. funds unit of Allianz (ETR:ALVG) SE.

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TUI announces share sale to pay back German state bailout

FRANKFURT (Reuters) – Holiday group TUI on Tuesday unveiled a capital increase to pay back elements of a German state bailout that it had received during the peak of the.

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Barclays bumps up stake in Australia’s Barrenjoey Capital

(Reuters) – Britain’s Barclays (LON:BARC) Plc said on Wednesday it had nearly doubled its stake in Barrenjoey Capital Partners to help expand the Australia-based investment banking boutique’s business. The move comes as.

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Wall Street ends sharply higher, fueled by Apple

By Noel Randewich and Amruta Khandekar (Reuters) – Wall Street finished sharply higher on Tuesday, lifted by Apple, Tesla (NASDAQ:TSLA) and other megacap growth stocks after strong retail sales in.

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