The world’s biggest banks are overhauling how they trade currencies to regain the trust of customers and preempt regulators’ efforts to force changes on an industry tarnished by allegations of manipulation.
West Texas Intermediate and Brent crudes climbed after OPEC’s Secretary General said the group may cut output targets next year.
Sean Casey spent two weeks in the war-torn steppes of eastern Ukraine before racing to Sierra Leone and Liberia, where an even greater emergency awaited.
Orange SA offered to acquire Spanish broadband provider Jazztel Plc for about 3.4 billion euros ($4.4 billion) in cash, marking the French carrier’s biggest takeover attempt in almost a decade.
Amtrak suspended its Acela express and Northeast regional service between Washington and Philadelphia after a freight train knocked down power lines.
Assurant Inc. promoted Alan Colberg to be the next chief executive officer as the insurer confronts a slump in the sale of coverage for foreclosed homes.
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