A former Merrill Lynch banker, who says he was “dazzled” by potential gains from the Cum-Ex tax scheme that’s implicated some of Wall Street’s biggest banks, has switched sides to cooperate with German prosecutors.
Ugandan lawmakers approved a new version of legislation targeting gay people, while maintaining earlier proposals for harsher penalties including death and life-imprisonment.
Moves to curb technology trade with China are limited, common-sense efforts to avoid strengthening a military rival, the top US diplomat in Beijing said.
Treasuries were resurgent Tuesday as investors sought out safer assets amid ongoing worry about US regional banks and as economic data pointed to a softening labor market.
Vacancies at US employers fell in March by more than forecast and layoffs jumped, indicating softening demand for workers.
Right-wing media entrepreneur Ben Shapiro has taken a $4.7 million stake in a struggling Israeli pharmaceutical company and joined the board.
A consortium backed by buyout firm Apax Partners is considering a potential bid to take US-listed technology consultancy Thoughtworks Holding Inc. private, people familiar with the matter said.
With Russian gold shut out of Western markets, little-known companies are stepping in to help the country’s bullion find new buyers.
A major buyer of securities issued by US banks to bolster capital is cutting exposure to regional issuers due to concerns about their ability to quickly recover from the current stress.
Cheniere Energy Inc. announced record profit even as liquified natural gas prices plummeted, boosted by hedging gains.
