News for nerds
Wells Fargo & Co (WFC.N) introduced small-dollar loans to customers online, the bank said Wednesday, as overdraft fees draw greater scrutiny in the United States. The loans are for $250 …
Wells Fargo starts small-dollar loans amid overdraft scrutiny Read More
U.S. import prices dropped for a fourth straight month in October, weighed down by declining costs for petroleum products and a strong dollar, the latest indication that inflation had probably …
U.S. import prices fall further in October Read More
Swiss drugmaker Novartis AG (NOVN.S) is considering selling its ophthalmology and respiratory units, a Bloomberg report said on Wednesday, citing people familiar with the matter. The company is seeking to …
Novartis weighs sale of ophthalmology, respiratory units Read More
Mercedes-Benz said it had cut prices on some of its EQE and EQS models in China due to changing market demand for top-end electric vehicles (EVs), triggering a 6.7% fall …
Mercedes cuts some China electric car prices, shaking shares Read More
Finnish energy provider Gasum said on Wednesday an arbitral tribunal had ruled it was not obligated to pay Russian gas supplier Gazprom (GAZP.MM) in roubles. Gasum in May took Gazprom …
Finland’s Gasum says tribunal ruled it does not have to pay Gazprom in roubles Read More
Telecom Italia (TIM) (TLIT.MI) will likely improve its financial targets for the next two years, the head of Italy’s biggest phone group told top executives on Wednesday, according to a …
Telecom Italia CEO sees scope for improving 2023, 2024 financial targets Read More
High inflation and aggressive central bank rate hikes have created challenging conditions for government bond markets, but the ease of doing trade has held up relatively well, officials told a …
Trade in European bond markets held up well in turbulent year Read More