Reuters reported that to settle a probe over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis, the U.S. Department of Justice has asked Credit Suisse to pay between $5 billion and $7 billion.   Reuters quoted a source with knowledge of the matter saying...

Minister of Foreign Affairs of Saudi Arabia Adel Al-Jubeir says Saudi Arabia may still decide to sell shares of oil giant Aramco in New York, even after the United States passed a law that allows victims of the September 11 attacks to sue the kingdom. The kingdom is considering markets from Hong...

Deutsche Bank has shown a significant increase in securities after a prolonged crisis, Bloomberg writes. It amounted to 57% over the last three months of 2016, while the trend has been negative a few quarters in a row, starting from the II quarter of 2015. As the newspaper writes, such optimism of...

To claw back market share dented by relentless competition from low-cost carriers and a damaging dispute with pilots, Israel's national airline, El Al, is betting on a billion-dollar overhaul of its ageing fleet.   Thanks to the kind of stringent security that sees it equip planes with...

With the details of Starbucks Corp’s appeal of a 30 million-euro ($32 million) tax repayment order being made public for the first time, the coffee chain attacked “manifest errors” by European Union competition watchdogs.   According to a summary of its appeal published this week,...

Increasingly more investors begin to care not only about their own profit, but also about benefits to society. They are willing to invest and subsequently maintaining concepts they consider valuable, such as protecting the environment, or combating problems of society and government. Movement of...

The presence of Asahi Group Holdings in the eastern European region would be boosted by its buying of a group of eastern European beer brands from Anheuser-Busch InBev, in the largest overseas beer deal by a Japanese brewer, for 7.3 billion euros ($7.8 billion).   To ease clearance from...

Apple is considering a possibility to invest up to $ 1 billion in SoftBank Vision Fund, belongs to Japanese telecommunications company SoftBank, as reported by The Wall Street Journal, citing a source close to the situation. Results of the negotiations are not yet known, but such a deal could...

Directors of Alphabet, Apple, Microsoft, Facebook, Intel, Cisco, IBM and Oracle have been invited to a meeting with Donald Trump in the Trump Tower in New York City on Wednesday, December 14, according to Recode, citing sources. The publication notes that the meeting with US President-elect will...