The Organisation of Petroleum Exporting Countries and its allies meet in Vienna this week to decide whether to relax oil-output caps, potentially setting up one of the most contentious meetings in recent history.
Volkswagen was holding crisis talks yesterday to find a stand-in boss for its Audi brand, a source familiar with the discussions said, after German authorities arrested Audi CEO Rupert Stadler as part of a probe into emissions test cheating.
Bakhshi, CEO of ICICI Prudential Life, named bank COO from today; Kochhar to go on leave during probe over nepotism allegations; ICICI conducting independent probe after whistleblower complaint
China’s threat to impose duties on US oil imports will hit a business that has soared in the last two years, and which is now worth almost $1bn per month.
Britain’s regulator will launch an investigation into the impact of new European Union rules on the asset management industry after concerns were raised about how they affect the pricing of investment research and other issues.
Brokerages representing offshore investors are asking for more concessions to trade in India’s nascent international financial hub in Gujarat, according to people with knowledge of the matter.
Jeff Mueller has little time for many of the junk bonds investment banks are pitching to him these days. The Eaton Vance portfolio manager is so unimpressed by what he sees, he now turns away most of the new issues he’s offered.